Those wishing to rent out vehicles subject to registration without a driver need a permit from the Icelandic Transport Authority.
The process
Apply for the permit at the Icelandic Transport Authority
Fulfill the conditions for the permit
Request for a review on the location of car rentals is sent to the applicable municipality
Permit is issued following a positive review from the municipality
Supporting documents
It is important to submit all supporting documents with an application.
Certificate of Criminal Registration of a Guardian (Sakavottorð) - Island.is
Professional liability insurance from a recognized insurance company
If applicant or it´s representative has had a legal domicile registered in another country, a certificate from criminal record from the applicable country/countries has to be turned in with the application
Registration number of the vehicles scheduled for rental. The vehicles have to be registered at the applicant and in the service category vehicle rental (Ökutækjaleiga)
Confirmation from the Tax Registry of Companies that the business operation has been registered applicably
Confirmation that debt with public fees, taxes with the collectors of the Treasury or contributions to a pension fund does not exceed ISK 500,000.
Processing of applications
The Icelandic Transport Authority issues a car rental permit when all conditions are met and payment has been received.
When a request for documents is not complete or the conditions are not met, the Icelandic Transport Authority notifies them by e-mail.
A vehicle rental service shall have a storage place where vehicles subject to registration are stored. Processing of applications for car rental permits is dependent on the time taken by the relevant municipality to provide a review on the location of the storage place. A request for a review is sent when all documentation and payments regarding the application have been received by the Icelandic Transport Authority and the review is expected within 30 days.
Cost
The cost of car rental permit is in accordance with the tariff of the Icelandic Transport Authority and is 134.820 ISK
Certificates and documents that need to be obtained from other institutions shall be paid for by the applicant.
Service provider
The Icelandic Transport Authority