How To Register Car Under Business 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.
How to register car under business name. 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. If your small business uses cars for deliveries transporting passengers or if you want to brand your vehicle with a company logo it might make sense to purchase and register a vehicle in your business name. 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. However there are some things to be aware of.
Not into your name. However since you are still operating as a sole. General rule is that deductions are for business use not private use. 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.
Works just like any other car registration. A doing business as dba is not a legal entity. 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. 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. There may also be restrictions on financing.