Taxis are one of the main public transport options for passengers in Hong Kong. The city currently has three types of taxis: the urban ones which are red, the green New Territories taxis and the blue Lantau ones.
Taxis in Hong Kong have designated areas, mainly according to their color code. Investors who want to set up a taxi company in Hong Kong must observe these operating areas as well as the business and transport-specific regulations.
Company formation in Hong Kong is straightforward and our agents can help you open your taxi or transport company in the city.
We invite you to watch the following video for more information on operating a taxi company in Hong Kong:
Taxis in Hong Kong
The Transport Department in Hong Kong oversees the public transport available for passengers in the city, including taxis. This means of transportation may be employed only for individual transportation and not for carrying goods. The taxi fare is set forth in the Road Traffic Regulations and cars operating as taxis must have a taximeter which calculated the fare in Hong Kong dollars.
The Taxi Driver Commendation scheme is a means of encouraging and praising taxi drivers that provide quality services to their clients. This programme, as well as other such as the Taxi Operation Self-Learning Programme is developed by the Transport Department in Hong Kong.
Individuals who want to open a taxi company in Hong Kong and become a taxi driver themselves must pass a written test and obtain their taxi license.
One of our company formation agents in Hong Kong can give you more information on how to obtain special permits and licenses and other details on the current transport regulations in the city.
Opening a company in Hong Kong
Investors in Hong Kong find it easy to open a Hong Kong company. The procedure is simple and the new company can begin its activity in a matter of days after it is registered for a business license and it obtained other industry-specific licenses.
Limited liability companies are popular choices among individuals who wish to start a taxi business. The registration documents are submitted to the Companies Registry and there are no requirements for a minimum share capital.
Taxi companies are not the only type of business local and foreign investors can easily open with our assistance. For those who wish to set up a company in Hong Kong, observing the general registration principles, complete with the ongoing tax and reporting requirements is essential. Our team can provide you with complete details on the requirements in place for your chosen type of company.
Contact our Hong Kong company formation agents for details related to starting a business in the city.