According to Article 5 of Personal Property Secured Transactions Act, “A written contract shall be entered into for a personal property secured transaction. Unless registered, a personal property secured transaction shall not be effective against a bona fide third party.”
The vehicle movable property as a guarantee can be registered as below:
1. Over the counter: Please submit one copy of vehicle new license plate registration form, contract in triplicate (one original copy and two photocopies), registration form in triplicate, and a fee of NT$900 and deal with it over the counter for property secured transaction at the local Motor Vehicles Office.
2. Online: Creditor (the applicant) shall prepare scanned copies of above documents and apply for it at our online vehicle property secured transaction system. Website: https://www.mvdis.gov.tw/m3-emv-car/car/movablesApplyInfo
※For application over the counter, please deal with it at business counter at the Motor Vehicles Office at your local area, and the address can be found from the following website:
https://www.mvdis.gov.tw/m3-emv/news/office
Some of our offices only provide parts of the service items, and please do call the office before visiting.