Vehicle registration in Romania
MG Romania registers your vehicle with a company in Romania and takes care of all the administrative procedures until your plate is sent.
The advantages of registering in Romania
The option of registering your car through a Romanian company can have several advantages, meeting the needs of those who prefer not to own their vehicle directly. This approach offers several notable benefits:
Protection against Seizure: Inability to seize the vehicle in the event of a dispute.
Administrative Discretion: No appearance in French or Belgian registers.
Financial Savings: Avoidance of payment of penalties, taxes, and registration fees (Belgium).
Questions to ask yourself before registering
1/ The Type of Vehicle
The nature of the vehicle, whether it is a daily, professional or collector's car, influences the applicable tax rules. A simple civil structure may be sufficient to own a collector's car.
2/ Use and Beneficiary
Personal use of the vehicle raises cost considerations and may result in penalties for abuse of rights. Two ways to get around this issue are:
a. Commitment as Employee:
- Use of the vehicle as a commercial vehicle, without geographical restrictions.
- Documents drawn up towards the Romanian company, translated into the language of the country of use.
b. Creation of a Commercial Structure:
- Creation of a Romanian commercial structure to rent the vehicle to oneself.
- Cost related to the creation and costs of the structure.
In both cases, substantial savings can be made:
· Potentially recoverable or much lower VAT
· No Penalty
· 0% rental tax (you pay rent yourself that will not be taxed, so you lose nothing)
· Sometimes, a vehicle purchased abroad costs less than in France or Belgium.
· No carbon tax or other restrictive regulations
· No loss of points on your license
The alternative to society
The Alternative to the Company, a MG Romania Loan/Rental Contract Solution
For a simplified approach, you can opt for our solution.
A loan/lease agreement is established with you, where our company purchases the vehicle and leases it exclusively to you.
Rental income pays off the loan and interest, eliminating the costs associated with setting up a company.
The commissions of our partner company are the only costs to consider, varying according to the type of vehicle.
A more economical solution without the creation costs.
Opt for a simple and economical approach with MG Romania Vehicle Registration.