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Applying For An NOC To Add Or Remove Shareholder/Partner On A Luxury Trade License

This service enables you to apply for a No Objection Certificate (NOC) to add or remove a partner from an existing trade license of a company that transports passengers by taxi/luxury vehicles.

Eligibility

Licensed company by the Roads and Transport Authority (RTA) to transport passengers by taxi/luxury vehicles and having a valid operating contract.

Required documents

  1. Signed and stamped letter by the company requesting the removal or the addition of a partner
  2. Copy of the new partner passport
  3. Copy of the Emirates ID of the new partner
  4. Preliminary approval of the Franchise Services Section

Output

NOC to add or remove a partner from the trade license of a company that transports passengers by taxi/luxury vehicles.

Service fees

  • 10,000 AED to add a partner
  • This service is free when removing a partner.

Validity

  • Preliminary approval of the Franchise Services Section: 30 days
  • NOC addressed to the Department of Economic Development: 90 days.

Average processing time

30 minutes.

Ways to apply

Process

Through email:

  • The company sends the scanned documents via email to the following address: Franchise.Services@rta.ae
  • RTA reviews the documents and checks if the company has any unsettled financial dues
    • If there are any unsettled payments, the company is required to settle them at the Customer Happiness Center or by referring to the Finance Department
    • If the file is incomplete (payments and documents), RTA sends an email to the company
    • If the file is complete (payments and documents), RTA sends an email to the Customer Happiness Centre after receiving the approval of the Franchise Services Section to add or remove a partner from of an existing trade license of a company that transports passengers by taxi/luxury vehicles
  • Once issued, the company picks the NOC from the Customer Happiness Centre in Deira or Umm Ramool.

Terms and conditions

  • The main partner (who has 50% of the shares) must be a citizen
  • The company must clear all pending liabilities with RTA
  • The company must clear any impediments in its traffic file
  • To remove the main partner, the company's fleet must consist of a minimum number of vehicles.

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