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> How to transfer own private car to company

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TSMEL666MD P
post Nov 20 2019, 11:16 AM, updated 7y ago

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heiiii..

can anyone guide me on how to transfer own private car for company use (same owner)?

Thanks!!! thumbup.gif
bukechi
post Nov 20 2019, 11:20 AM

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QUOTE(MEL666MD @ Nov 20 2019, 11:16 AM)
heiiii..

can anyone guide me on how to transfer own private car for company use (same owner)?

Thanks!!!  thumbup.gif
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well .. just bring your car to the company parking.. then give the key to staff to use?


edit: eh? you mean change ownership?
pobox
post Nov 20 2019, 11:23 AM

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Sell to company at market price
Namelessone1973
post Nov 20 2019, 11:40 AM

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QUOTE(MEL666MD @ Nov 20 2019, 11:16 AM)
heiiii..

can anyone guide me on how to transfer own private car for company use (same owner)?

Thanks!!!  thumbup.gif
*
Just go to JPJ and do the necessary transfer of name.

Of course you must have things such as proper board resolution approving the purchase. It will be needed for your accounting record and when auditors audit your company.
TSMEL666MD P
post Nov 20 2019, 02:49 PM

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QUOTE(bukechi @ Nov 20 2019, 11:20 AM)
well .. just bring your car to the company parking.. then give the key to staff to use?
edit: eh? you mean change ownership?
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Yes yes, change ownership. car loan fully paid already
Zanei Gundan
post Nov 20 2019, 02:50 PM

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drive je laa ke ofis

apa susah
mixedice
post Nov 20 2019, 02:51 PM

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go JPJ and say I jual kereta ke company

TSMEL666MD P
post Nov 20 2019, 02:57 PM

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QUOTE(Namelessone1973 @ Nov 20 2019, 11:40 AM)
Just go to JPJ and do the necessary transfer of name.

Of course you must have things such as proper board resolution approving the purchase. It will be needed for your accounting record and when auditors audit your company.
*
Great! thanks.. but can transfer ownership without any actual purchase made?
JimbeamofNRT
post Nov 20 2019, 02:58 PM

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QUOTE(MEL666MD @ Nov 20 2019, 02:57 PM)
Great! thanks.. but can transfer ownership without any actual purchase made?
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sole prop or sdn bhd?
Namelessone1973
post Nov 20 2019, 04:07 PM

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QUOTE(MEL666MD @ Nov 20 2019, 02:57 PM)
Great! thanks.. but can transfer ownership without any actual purchase made?
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You can set your own purchase price. RM1 also nobody can question.
TSMEL666MD P
post Nov 21 2019, 11:27 AM

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QUOTE(Namelessone1973 @ Nov 20 2019, 04:07 PM)
You can set your own purchase price. RM1 also nobody can question.
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Thanks!! this is really helpful!

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