 mybenz | mysatisfaction Forum Index Automotive Loans and Financing
Personal or company registration? | Register To Post |
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| timlow | Posted on: 2011/4/8 9:22 |
Home away from home   Joined: 2010/1/29 From: Kedah Posts: 161
Benz Model: W211 E270CDI
Message: |
Personal or company registration? Hi, considering to change my w211 e270cdi to w204 c200k, for tax advantage, register under company or personal ?
Test drove w204 c200k but still my w211 more comfy. But want something more sporty feeling so thinking of w204, 325i, or passat cc.tough. |
| 19owner | Posted on: 2011/4/8 9:53 |
Certified Benzitos   Joined: 2008/5/16 From: Kuala Lumpur Posts: 4848
Benz Model: W201 and Others
Message: |
Re: Personal or company registration? Quote:
register under company is more advantageous... |
| yapso | Posted on: 2011/4/8 14:06 |
Certified Benzitos  Joined: 2006/12/26 From: Bandar Utama Posts: 1371
Benz Model: W124
Message: |
Re: Personal or company registration? I am looking on the cost saving point of view. If you are one of the director of the company then it should have more advantages register personal. You can save the road tax but not sure whether you can save some for insurance. You can assign the car to the company and enjoy the same benefit as you register through company.
Yap |
| timlow | Posted on: 2011/4/8 18:41 |
Home away from home Joined: 2010/1/29 From: Kedah Posts: 161
Benz Model: W211 E270CDI
Message: |
Re: Personal or company registration? Thank for all the reply. If register under company depreciation can be deducted and all the repair and petro can deduct too. Under personal and assigned to company it will be benefit in kind and it is taxable. Right ?
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| Mabel | Posted on: 2011/4/8 21:07 |
Certified Benzitos  Joined: 2007/8/7 From: Shah Alam, Cyber Jaya Posts: 18118
Benz Model: W201, W124, W140
Message: |
Re: Personal or company registration? Quote:
Right... 
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