The General Authority for Transportation confirmed the start of implementation of the first phase of the decision requiring car rental companies to issue all car rental contracts through the \u201cRental Contracts\u201d service on the Transport Portal, effective today, Sunday, 15 Dhu al-Hijjah 1442 AH, corresponding to July 25, 2021 AD, This service will enable licensed companies to issue a standardized contract that fully complies with regulatory requirements and provisions, thereby helping to protect the rights of both the lessor and the lessee, enhancing confidence in the services provided, and raising the quality of those services.
The first phase of this decision covers Category (D) car rental establishments, establishments not classified under this activity, and establishments that record contracts manually, The second phase of the decision will cover Category (C) car rental companies, which will take effect on September 1, 2021, and the third and fourth phases will cover Categories (B) and (A), respectively, as to be announced by the General Authority for Transportation at a later date.
The General Authority for Transportation confirmed that the standardized electronic car rental contract offers several advantages: Among them is that it is a notarized contract that fully complies with regulatory requirements and provisions, safeguards the rights of both parties (the lessor and the lessee), reduces disputes, eases the burden on relevant authorities, and ensures high-quality rental services, builds trust among users of car rental services, and encourages investment in the sector, thereby fostering its growth and development and ensuring the availability of competitive services and prices that benefit investors, consumers, and the sector as a whole.<\/p>","protected":false},"excerpt":{"rendered":"
Reading time: <\/span> < 1<\/span> Minute<\/span><\/span>The General Authority for Transport has confirmed the implementation of the first phase of the decision requiring car rental companies to issue all car rental contracts through the \u201cRental Contracts\u201d on the Transport Portal, effective today, Sunday, 15 Dhu al-Hijjah 1442 AH, corresponding to July 25, 2021 AD, This service will enable licensed companies to issue a standardized contract that meets all regulatory requirements and provisions, and will contribute to \u2026 Read 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