Once your application is being processed and approved you will be issued with IFTA license and two IFTA stickers for each qualified motor vehicle in your fleet. In addition, the role of the IFTA stickers is to allow your vehicles to travel to any jurisdiction by a qualified vehicle.
Yet, you should pay attention to renew your IFTA license and decals annually. As well as to file quarterly reports. It is the only way how you can maintain valid IFTA credentials.
4. IFTA rules to follow
First and foremost, once you are being approved for IFTA license you will have to pay special attention to the following 5 rules:
- IFTA license and decals are valid for one year from January 1st to December 31st;
- Make sure that you renew your IFTA license and IFTA stickers on time;
- Display the IFTA stickers on both sides of your truck cab– that way the authorities will stay informed that your vehicles are IFTA licensed;
- File IFTA tax return and pay all fuel taxes in a timely manner;
- Keep in mind to inform all your truckers to carry with them in the cab a photocopy of your IFTA license at all times;
5. Renewal of IFTA Annual License and IFTA Stickers
As previously mentioned, in order to stay IFTA complaint, already IFTA licensed trucking companies will have to renew their IFTA licenses and IFTA stickers on a yearly basis.
