Car rental business model canvasGeneral Motors (GM) reportedly plans to enter the vehicle sharing market later this summer season by establishing a pilot system for owners of GM vehicles to rent their vehicles to other buyers. Automobile rental is a extremely competitive business that can also be quite profitable. To start a company, you will need to make a decision on a business model, locate an perfect location, and create your fleet. Also, comply with all insurance and regulatory requirements, such as obtaining enterprise permits, before renting your very first auto. If you can deal with the dangers involved whilst setting up your enterprise for day to day operation, you may uncover renting out automobiles to be really rewarding.

The import duty and tax is 115.325% on the price tag listed in the official tax code. The lists above are outdated but they are a great guide anyway. A ballpark … READ MORE ...