Conditions Required for You to Open a Rent A Car Company
In order to invest in the car rental - rent a car sector, which has become one of the fastest growing sectors today, certain conditions must be met. Opening a rent a car is a process that needs to be addressed in its own right, both in terms of investment size, legal procedures and management at the end of all processes. As for what you need to do to open a rent a car in general terms, regardless of the amount of investment,
Feasibility
Feasibility is a report that brings together the analyses required to determine what will be needed for a commercial investment and the goals that can be achieved. Feasibility in the rent-a-car sector sheds light on issues such as which vehicle brands are rented the most, region selection, number of vehicles, general expenses and how long it will take to return the investment. In order to open a rent-a-car company, it is useful to first have a detailed feasibility report prepared.
Vehicle Fleet
You should answer the question of how many vehicles your company will have in its fleet. Since rent-a-car companies make bulk purchases, it will also be easier for you to research which brand offers discounts on such purchases. Remember that individuals and institutions renting vehicles from your company will also pay attention to the model of the vehicle they rent. For this reason, you need to renew the vehicles in your fleet every few years, maintain and repair your existing vehicles without delay, and resolve any problems you detect before the vehicle is delivered to the customer.
Legal Requirements
There are certain conditions that you must meet before applying to open a car rental company. Applying after meeting these conditions will ensure that the process is completed much faster. The conditions are as follows:
• You must have a closed area of at least 80 m2.
• You need to have a detailed workplace layout sketch prepared. You should never change this sketch without permission.
• Flammable and explosive materials must not be present in the car rental area.
• LPG vehicles should never be kept in closed areas.
Company Establishment
Working with a competent accountant when establishing a car rental company will make the process faster and more effortless for you. As with any company establishment, there are documents that the state requires you to submit. These documents are:
• Copy of identity card
• Residence certificate (can be obtained from e-Government)
• Title deed photocopy
• Building use permit certificate
• Original or notarized copy of the lease contract
• 2 passport photos
• Tax plate
• Chamber of Tradesmen and Craftsmen or Chamber of Commerce registration certificate
• Fire precautions have been taken, report
• Municipality work permit license
• Signature circular
• Criminal record (can be obtained from e-Government)
After you submit the above documents to your accountant, the process is initiated and followed by the accountant. At the end of the process, the tax office determines the location and confirms that your company is ready for operation at the address you submitted, and you are allowed to start operating.
Software Support
Rent a car companies can be diversified according to their fleet and operation sizes. The only constant point in this sector, where many companies of all sizes compete, is the necessity of software specially prepared for rent a car companies.
Rent a car companies have processes that need to be managed in many areas such as tracking the vehicles in their fleets, storing customer information, contract management, personnel management, etc. Since using human resources for each process will bring serious financial burdens, software support in this regard becomes inevitable.
Titarus, Turkey's first and only rent a car ERP software , includes many solutions for both newly established and existing rent a car companies.
