Overview
- The Transport and Logistics Bureau formally submitted proposals on July 15 requiring ride-hailing platforms to obtain local licences, prove financial capability and maintain Hong Kong offices before operating.
- Eligible drivers must hold a private car licence for at least one year, have no serious traffic convictions in the past five years and complete mandatory testing and training.
- The framework caps the number of ride-hailing vehicles, bans cars older than seven years and mandates annual inspections and insurance coverage for all vehicles.
- Principle amendments will be debated in the Legislative Council in Q3 2025, with full legal changes and detailed implementation rules due in the first half of 2026.
- Taxi operators welcomed formal regulation to curb unlicensed competition, while Uber warned that strict fleet caps could increase wait times, drive up fares and limit drivers’ earnings.