Gyeonggi Provincial Government

Gyeonggi Provincial Government

View original image

Gyeonggi Province will join hands with 31 cities and counties within the province to crack down on ghost cars until November.


On the 27th, Gyeonggi Province announced that it will conduct a joint investigation with the cities and counties on 1,166 vehicles suspected to be ghost cars, which are owned by closed corporations registered in Gyeonggi Province but whose policyholders and owners under compulsory insurance do not match.


The unpaid automobile tax for these ghost cars amounts to 1.3 billion KRW.


Vehicles owned by corporations normally transfer ownership through proper liquidation procedures (auction) when the corporation is dissolved, but ghost cars are possessed and used by third parties through abnormal transactions. As a result, it is difficult to identify the actual possessor, and this is exploited as a means to evade various legal responsibilities.


For example, earlier this month, Mr. A hit Mr. B while driving a ghost car and fled without taking any action, but was caught after the police conducted an accident vehicle inspection. Additionally, Mr. C operated a vehicle owned by Corporation D without transferring the title and habitually violated traffic laws such as running red lights and illegal parking, accumulating over 100 fines.


Gyeonggi Province plans to confirm whether these vehicles are ghost cars by checking compulsory insurance subscription details and corporate registration documents, and then issue orders to suspend operation or delivery orders for these vehicles through the 31 cities and counties.


Furthermore, for vehicles that habitually violate traffic laws or illegal possessors who refuse to voluntarily surrender their vehicles, the province will collaborate with the local police stations to investigate legal violations and ensure criminal penalties are enforced concurrently.


Gyeonggi Province intends to collect unpaid local taxes and fines through public auctions of the secured ghost cars and make them subject to legitimate transactions.



Ryu Young-yong, Director of the Tax Justice Division of Gyeonggi Province, stated, "Through strong administrative measures against ghost cars, we expect not only to collect unpaid taxes but also to prevent future traffic violations, thereby reducing social costs."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing