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What is Required to Open a Rent A Car Company?

The Rent-A-Car Working System can evolve based on the company's corporate structure, sector conditions, and other factors. Each company develops unique strategies and operational principles according to its internal dynamics. This principle also applies to rent-a-car companies, which may adapt their systems and processes to meet their specific needs and market conditions.

Conditions for Opening a Rent-A-Car Company

It is necessary to fulfill certain conditions in order to invest in the car rental sector, which has become one of the fastest-growing sectors today. Opening a rent-a-car company is a process that involves investment, legal procedures, and management. Regardless of the investment amount, here is what you need to do to open a rent-a-car company:

Feasibility
Feasibility is a report that combines what will be needed for a commercial investment and the analyses required to reveal achievable targets. In the rent-a-car sector, feasibility sheds light on issues such as which vehicle brands are rented more, region selection, number of vehicles, general expenses, and how long it will take for the investment to return. To open a rent-a-car company, it is beneficial to have a detailed feasibility report prepared first.
Vehicle Fleet
You must decide how many vehicles your company will have in its fleet. Since rent-a-car companies make bulk purchases, it will be advantageous for you to research which brands offer discounts on such purchases. Do not forget that people and institutions renting a car from your company will also pay attention to the model of the car they rent. Therefore, you should renew the vehicles in your fleet every few years, maintain and repair your existing vehicles regularly, and address any issues before the vehicle is delivered to the customer.
Legal Requirements
Before applying to open a rent-a-car company, there are some conditions you must meet. Meeting these conditions beforehand will ensure that the process is concluded much faster. The requirements 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 not change this prepared sketch without permission.
- Flammable and explosive materials should not be in the car rental business area.
- LPG vehicles should not be kept in a closed area.
Company Establishment
Working with a competent accountant while establishing a rent-a-car company will make the process faster and more effortless. As with any company establishment, there are documents required by the state. These documents are:
- Copy of identity card
- Residence document (can be obtained from e-Government)
- Deed copy
- Building occupancy permit document
- The original or notarized copy of the lease contract
- 2 passport photos
- Tax plate
- Chamber of Craftsmen or Chamber of Commerce registration certificate
- Fire safety report
- Municipal work permit license
- Signature Circulars
- Criminal record (can be obtained from e-Government)
After submitting these documents to your accountant, the process is started and followed by the accountant. At the end of the process, the location of your company is determined by the tax office, and your company is approved at the address you submitted and is ready for operation.
Software Support
Rent-a-car companies can vary according to their fleet and operation sizes. However, the need for specialized software remains constant. Tracking vehicles, storing customer information, managing contracts, and handling personnel management are crucial processes. Using manpower for each process can be financially burdensome, making software support essential.

Titarus, Turkey's first and only rent-a-car ERP software, includes many solutions for both newly established and ongoing rent-a-car companies.

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