How To Register Car Under Business Name

You buy the car transfer the registration so that it s owned by the company i e.

How to register car under business name. Tax deductions ask an accountant. If the car is garaged at your house or even nearby you may be liable for. There may also be restrictions on financing. However since you are still operating as a sole. Massachusetts general laws chapters 90 and 90d require that a vehicle be registered and titled in the name of the legal owner.

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. Not into your name. However there are some things to be aware of. Works just like any other car registration. A doing business as dba is not a legal entity.

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. A sole proprietorship that has a business name registered with the state as a dba may be able to purchase and register a vehicle in that 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. General rule is that deductions are for business use not private use. If the owner is a business entity the vehicle must be registered and titled in the legal business name.