Form CVO-002 template
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Rental Company License Application
To apply for a rental company license.
The document is an application form for obtaining a Rental Company License in Vermont, as per the provisions of Title 32 V.S.A. §8903. The applicant needs to provide their business name and federal ID, mailing address, location details, responsible person's details, and certification of tax and child support compliance. The application includes new requirements such as monthly reporting instead of quarterly and stricter vehicle rental regulations. Each rental vehicle must be rented for a minimum period to avoid purchase and use tax. The qualifying vehicles subject to the 9% rental tax are pleasure cars, trailer coaches, trucks up to 26000 pounds, trailers and semi-tr trailers up to 3000 pounds, and motorcycles.
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