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Selling company car
 
 
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stewarty
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Joined: Aug 14, 2012
Posts: 257

Location: Provadiya

PostPosted: Wed Apr 11, 2018 4:52 pm 
Post subject: Selling company car
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Does anyone know the procedure for selling a car which is owned by the company?

TIA
  
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Seedy
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Joined: Feb 21, 2012
Posts: 6221

Location: Sofia, Dupnitsa, Lincs

PostPosted: Thu Apr 12, 2018 8:47 am 
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In principle, it's just the same as selling it in a personal capacity: you'll need to go to a notary (best with the company seal, in case the notary wants the stamp on the Act, and the articles of association, showing that you are a duly authorised officer of the company) and sign a notary act between the buyer and you, acting for the company.

I'm not sure if you need to have the money paid into the company account or if cash is okay, always assuming that the selling price of the vehicle is below the mandatory bank transfer threshold of 10,000 leva.
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