Company Formation
Company Formation
✔ Filing the Certificate of Incorporation
✔ Title for trailer and trailer registration
✔Help with all the fillings and documents
Company formation
So you’ve decided that you want to work in the trucking industry. You love to drive. You love to help people and businesses. You want to be an integral part of today’s economy. You want to start up a trucking company but don’t quite know how, or you are familiar with the process but want some support to ensure that you do everything right. Triumph Dispatch Services is here to help. We can help you create the company, register your trailers and vehicles, and get all the necessary documents and paperwork to get you up and running. We’re happy to support you, whatever stage in the process you are.
Creating the Company
When creating your company, there are a number of steps to take according to the General Corporation Code, including:
- Picking the company’s name and carrying out a business name check
- Choosing a type of corporation based on your business model and structure — sole proprietorship, general partnership, limited partnership, corporation, and limited liability company are the most common
- Filing the Certificate of Incorporation
- Appointing a registered agent, preparing corporate bylaws, appointing directors, and holding the first board meeting
While we can’t provide legal advice, we can certainly help you handle all the filings and documents.
Title For Trailer and Trailer Registration
Whether you buy or lease them for your business, all trailers must be registered. Only then will the state permit them on highways.
How to Get a Title for a Trailer
The title for the trailer process typically starts at the DMV — but you can fill in forms online to save time. If you have purchased or leased the trailer, the prior owner/seller or lessor should have completed a transfer of title into your name. This is proof that you own the trailer. If you bought the trailer brand new from the manufacturer or dealership, you will need to fill out a title application.
Registering Your Trailer
Trailer registration is simply a matter of providing the DMV proof of ownership (the title or bill of sale of your trailer) and filling out the registration application. You will, however, have to prove that you have paid all applicable taxes and obtained the proper insurance for your trailer.
How Much Does Title and Registration Cost for Trailer
Assuming there is no lien on your trailer, the fee for the title is $55. The yearly registration cost for trailers — going by weight — is as follows: $15 for up to 1,000 pounds; $20 for 1,001 to 2,000 pounds, $40 for 2,001 to 5,000 pounds; and for trailers weighing more than 5,000 pounds, there is an additional $18 for every 1,000 pounds.
Note that if you are going to move loads through different states, you will need to obtain “apportioned registration.” You complete this registration in your home state so that you can hop through other jurisdictions without having to get multiple permits or registrations. You pay fees everywhere you operate, proportional to however many miles you log in each state.
Heavy Highway Vehicle Use Tax
In addition to your regular business taxes, as a carrier, you will need to remit a heavy highway use tax return to the IRS every year. This tax applies to operations involving vehicles with a gross weight of 55,000 pounds or more on public highways.
The Heavy Highway Vehicle Use Tax return or HVUT is a yearly federal tax paid to the IRS for operating heavy vehicles at a gross weight of 55,000 pounds or more on public highways.
Taxable vehicle gross weight is calculated as follows: (1) the fully equipped, unloaded vehicle weight; (2) the fully equipped trailer or semi-trailer; and (3) the maximum load weight carried on the vehicle and attached trailer or semi-trailer.
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general faq’s
Yes. We have customers for whom we handle all the paperwork including, sending invoices to the factoring company. We DO NOT accept payments on your behalf. We submit your invoices to the factoring company & they’ll directly pay you.
If you don’t want to take the load that we offer you, you may let us know, and we’ll continue to find the load for you until we find the one that is acceptable to you.
If you’re willing to get on the board with us, you just need to fill out a form. Also, you need to provide us with your MC authority acceptance document.
& our representative will reply you as soon as poossible, usually within 24 hours!