Proposed Hong Kong ride-hailing rules cover licensing, vehicle age and insurance
Hong Kong’s transport authorities have unveiled a proposed regulatory framework for legalising ride-hailing services, which includes a licensing system as well as set requirements for vehicle age and insurance, in a move to end more than a decade of the industry operating in a legal grey area.
The proposals confirm a Post report last week on the vehicle age limit, with the bureau’s paper also detailing penalties for noncompliance.
Under the proposed regulations, all platforms will be required to obtain a ride-hailing service licence. Failure to do so will be a criminal offence punishable by up to 12 months’ imprisonment and a maximum fine of HK$1 million.
The licence will be valid for five years, with a midterm appraisal for an extension.
Licensed platforms must maintain proper records and perform due diligence to ensure all vehicles and drivers have valid permits.