
The name on the vehicle license for a company-owned car is the primary criterion for determining ownership, based on under whose name the vehicle is registered. Generally, the name on the vehicle license is that of the borrower at the time of registration. Legally, the car belongs to the borrower. Relevant details are as follows: 1. Responsible for repayment: Failure to repay will result in liability for breach of contract and a reduction in credit rating. 2. Owner: The owner is liable for any violations, accidents, or even major incidents involving the vehicle. 3. Note: If the vehicle is sold by the actual possessor or hidden, the borrower must bear full repayment obligations. It is advisable to resolve the issue properly, either by transferring ownership to the possessor (with the possessor making payments) or by having the borrower take direct possession of the vehicle.

The vehicle registration certificate for company-owned cars typically displays the company's full legal name as the owner, rather than an individual's name, indicating the company holds legal ownership. I understand this is because company registration documents like business licenses and legal representative certificates must be submitted during vehicle registration, reflecting corporate ownership. In daily usage, this means the company assumes all legal liabilities - traffic violations or accident claims must be handled by the company. Benefits include the vehicle being recorded as corporate assets for easier expense reimbursement and tax optimization. Administratively, it's crucial to carry required documents like authorization letters to avoid issues during traffic stops. Company vehicles require insurance and annual inspections under the company's name, with more complex transfer procedures involving accounting records. While centralized fleet registration improves efficiency, maintaining regulatory compliance is paramount.

I've been driving company cars for many years, and the vehicle registration clearly states the company's name, indicating that the car is company property, not personal. When stopped by the police, simply present it—companies usually keep copies in the car for backup. Insurance is purchased under the company's name, so claims involve the company account and take a bit longer to process. Expense reimbursements like fuel and maintenance are directly charged to the company, which is hassle-free. However, during handovers, always confirm documents to avoid issues that might upset the boss. The benefits include reduced personal risk—if the car breaks down, the company bears it—but less privacy as company information is more transparent, simplifying fleet management and sharing. Always carry a copy of the registration while driving to avoid disputes. Overall, it’s convenient for company operations and keeps assets clear.

The company possesses the vehicle license showing the full name of the company, with ownership belonging to the company. The driver is a borrower. Handling changes such as sales or purchases requires procedures to be completed by the legal representative, ensuring legal protection of asset security and reducing confusion. Clear ownership facilitates transfer or loan registration. The company name represents the vehicle's ownership, making vehicle management more systematic, avoiding personal disputes, and simplifying daily use. However, the driver's identity is merely that of a user.


