The vehicle purchased by the company belongs to the investment in fixed assets and can be deducted from the enterprise income tax. However, the method and specific amount of deduction should be comprehensively considered according to the vehicle type, purpose, value and other factors, and the specific situation should be specifically analyzed and calculated according to the actual situation of the enterprise. For car purchase by loan, if the enterprise repays the car on time according to the loan contract, it can deduct the interest expense when repaying. However, for the purchase money of the vehicle itself, because it is an investment in fixed assets, the enterprise income tax cannot be fully deducted at one time, but it needs to be deducted according to the provisions on depreciation of fixed assets. The specific calculation method needs to be comprehensively considered according to the tax regulations and depreciation policies of fixed assets where the enterprise is located.

Limited company registration process is as follows:

1. Check the name of the approved enterprise. Fill in the Enterprise Name Approval Registration Form and fill in the company name. The Intranet of the Administration for Industry and Commerce will search whether there is a duplicate name. If there is no duplicate name, you can use this name, and a "Notice of Pre-approval of Enterprise Name" will be issued.

2. Submit the Registration Form for Enterprise Name Approval for online registration and approval;

3. Submit the industrial and commercial establishment materials to the Industrial and Commercial Bureau, mainly including: articles of association, letter of appointment, copy of shareholder's ID card, and house lease agreement;

4. Obtain a business license after three working days;

5. Engraving, mainly including official seal, corporate seal, financial seal and contract seal;

6. Go to the Bureau of Quality and Technical Supervision and apply for the organization code certificate;

7, tax registration, national tax and local tax registration at the same time;

8. Open a bank in basic deposit account;

9. The national tax and local tax shall be settled, and the offices in the jurisdiction of the tax office shall be settled.

To sum up, the minimum registered capital of a company depends on the requirements of industries and regions.

Legal basis:

Article 6 of the Company Law of the People's Republic of China

To establish a company, it shall apply to the company registration authority for registration of establishment according to law. Those that meet the conditions for establishment as stipulated in this Law shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority; Those who do not meet the conditions for establishment as stipulated in this Law shall not be registered as a limited liability company or a joint stock limited company. Where laws and administrative regulations stipulate that the establishment of a company must be approved, the approval procedures shall be handled according to law before the company is registered. The public may apply to the company registration authority to inquire about the registered items of the company, and the company registration authority shall provide inquiry services.