The Rent A Car Association (RACA) – Sri Lanka was registered in June 2008 by 10 founder members, mainly the leading rent a car operators in Sri Lanka.

1).To represent and develop the motor vehicle rental industry in Sri Lanka by promoting union of interests well-being and ethics amongst its members whilst enhancing the image of the industry by caring for the environment and always promoting safety and quality assured services to the public and acting always in a socially responsible manner.

2).To work in close co-operation with the Government of Sri Lanka and more particularly with state organisations like the Ceylon Transport Board, Sri Lanka Tourist Board, The Registrar of Motor Vehicles, Sri Lankan Police and any other related Industry in the public sector and similarly to work with any private sector organisation.

3).To take such steps as may be deemed necessary to further and to protect the interests of the members of the Association and the Rent-A-Car industry of Sri Lanka as a whole.

4).To lay down a code of conduct and ethics for maintaining discipline among its members.

5).To establish and maintain close and cordial relation and bond with other related sections of the local rent a car industry and also with international rent a car bodies and to further its objects to affiliate with appropriate international organisations if considered necessarily.

6).To do all such acts, deeds and things as may be deemed necessary in pursuance of the above objects.

Further the following individuals have been given honorary membership for their life long contributions to the rent a car industry.

• Mr. Mahesh Mallawaratchi
  
• Mr. Titus Perera
• Mr. Lester Samarasinghe
• Mr. Linton Ranasinghe
• Mr. Haniffa Ismail