What Procedures Are Required for Transferring a Corporate Vehicle to an Individual?
2 Answers
Transferring a corporate vehicle to an individual requires the following procedures: 1. Proof of identity of the current vehicle owner. 2. Proof and documentation of the transfer of vehicle ownership. 3. Vehicle registration certificate. 4. Vehicle license. 5. For vehicles under customs supervision: For vehicles under customs supervision, it is also necessary to submit the "Certificate of Release from Supervision of the People's Republic of China Customs" or a transfer certificate approved by customs. 6. Original proof and documentation of the transfer of vehicle ownership or the original and copies: Among these, the used car sales invoice, the "Notice of Assistance in Execution," and the allocation certificate issued by state organs, enterprises, public institutions, and social organizations should be the original documents.
Recently helped a friend with the process of transferring a company car to an individual, and found the whole procedure quite particular. First, you need to prepare all the required documents, such as a copy of the company's business license with the official seal, the vehicle registration certificate, IDs of both the buyer and seller, and a transfer agreement clearly stating the price. Don't forget to obtain a tax clearance certificate from the tax office proving all taxes have been paid. At the vehicle management office, you'll need to queue for a vehicle inspection to check basic items like lights and brakes. Only after passing the inspection can you fill out the transfer application form. Cost-wise, it usually takes a few hundred yuan, including transfer fees and inspection fees, and the process takes half a day to a full day. It's advisable to call the local vehicle management office in advance to confirm the specific procedures to avoid unnecessary trips. Some friends have overlooked the company seal, leading to rejection and delays of several days, which really isn't worth it.
