It takes more than a month to get permission to rent a private car once your application is approved, you will need to pay the registration tax. Register your vehicle at the vehicle inspection and registration office (vehicle inspection center) Important points to keep in mind when running best rent a car Lahore business. A low-cost start by eliminating areas where costs can be saved. Points to note about the rental car business. If you are going to incorporate, do it from the beginning You can't get a loan until you get a business license. Rental certificates and rental records must be kept for two years. I can't introduce the driver. Even if you have an international driver's license, you cannot rent a car unless you are from a country that is a member of the Geneva Convention.
Summary
The rental car business is said to be a relatively easy business to start, but not everyone can do it unconditionally; there are necessary permits and qualifications required. This time, we will explain the qualifications, permits, important points, and precautions required to start a rental car business. Please refer to this article if you are thinking about starting rent a car Lahore business or if you are interested in the rental car business
Rental cars can be started by both individuals and corporations.
When starting a rental car business, the first thing you need to decide is whether you want to start as an individual or a corporation. In fact, a car rental business can be started by either an individual or a corporation. However, once you receive permission from the Ministry of Land, Infrastructure, Transport and Tourism to operate a private automobile rental business, you will not be able to change the type of business you operate, so you must be particularly careful about this point. If your business is small, it's fine to apply as an individual, but if you plan to expand in the future, we recommend applying as a corporation.
Conditions to meet in order to start a rental car business
There are three requirements that must be met when starting a car rental business.
・Money requirements
Requirements are necessary conditions, so in order to start rent a car Lahore business; you need to meet all the human, material, and financial conditions.
I will explain each of these conditions separately.
Personnel Requirements
One of the conditions for starting rent a car Lahore Business is that the applicant is not subject to any disqualification reasons. Disqualification means not having the necessary qualifications, and reason means the reason or cause of something. IN other words, it comes down to whether or not you lack the necessary qualifications.
The detailed reasons for disqualification are as follows:
- Have been sentenced to imprisonment for one year or more and two years have not yet passed
・General passenger vehicle transportation business Specific passenger vehicle transportation business General freight vehicle transportation business Specific freight vehicle transportation business Private vehicle rental has not been cancelled for more than two years. If a corporation wishes to obtain permission, the directors of the corporation fall under A or B.
Please note that if any of these apply to you, you will not be able to open your business.
Depending on the number of vehicles rented out, a full-time maintenance manager will be required.
One or more buses with a passenger capacity of 11 or more
5 or more large trucks with a total vehicle weight of 8 tons or more
More than 10 other vehicles
In the case of rental cars, if any of the above conditions are met, the appointment of one or more maintenance managers is required
The maintenance manager must meet the following requirements:
1. Qualified as a 1st class mechanic, 2nd class mechanic, or 3rd class mechanic
2. Have more than two years of rent a car Lahore business practical experience in managing the inspection and maintenance of the same type of vehicle you handle, and have completed the pre-appointment training for maintenance managers conducted by the Regional Transport Buru
Condition of the item
To operate rent a car Lahore business, you will need an office or sales location and a garage to store the vehicles.
Also, there are certain car models that can be rented, so you need to check whether the model you are looking for is one that can be handled.
Please refer to the following for the types of vehicles we can handle.
・Private passenger cars
・Private truck
・Private minibus (29 passengers or less, vehicle length 7m or less)
・Special purpose vehicles
・Motorcycles
