How To Register Car Under Business Name
If the owner is a business entity the vehicle must be registered and titled in the legal business name.
How to register car under business name. It s impossible to give a good answer to that without knowing where you your business is located as there may be significant differences in tax rules regarding company cars depending on where you are. Company cars could also give you more control over things like gps tracking driving policies and more. Therefore vehicles cannot be registered or titled to a dba. Massachusetts general laws chapters 90 and 90d require that a vehicle be registered and titled in the name of the legal owner. If the car is garaged at your house or even nearby you may be liable for.
Even if you plan on buying the vehicle with cash you still need a formal business structure to put the vehicle in the name of the business. A doing business as dba is not a legal entity. Tax deductions ask an accountant. Not into your name. However since you are still operating as a sole.
Works just like any other car registration. However there are some things to be aware of. Provided your business is properly registered as a business e g an llc you should be able to register a car bought for the company under the company s name. There may also be restrictions on financing. General rule is that deductions are for business use not private use.