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 Transfer Company Car to Personal

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SUSBillCollector
post Apr 16 2021, 03:04 PM

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Joined: Jul 2019
QUOTE(eujintan @ Apr 15 2021, 05:20 PM)
Do you have any information on the cost to settle the transfer, excluding the runner’s fee?
If I were to hire a runner, where do I find them and how much would it cost?
With the runner does it mean I have to pass the car to the runner to deal with the inspection? 

Thanks again.
*
You can't do it with just a runner any longer as you'll need to do a thumbprint.

I've a car that is stuck for that very reason, I was transferring a personal car to the sdn bhd that I owned and I had to leave in a hurry. Only after I left found out about the finger print requirement.

Also do note that such types of transfers are a favorite for IRB audits because it isn't considered an "arm's length" transfer or transaction.

 

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