Consulting Agency

Mohammed bin Rashid issues Law on ‘Dubai Taxi Company’

Dubai Taxi Corporation has transitioned into a public joint-stock company (PJSC) called Dubai Taxi Company (PJSC) following the approval of its articles of association by Hamdan bin Mohammed. The legislation, issued by Sheikh Mohammed bin Rashid Al Maktoum, outlines that the company's duration is 99 years and can be automatically renewed. The company's objectives include providing transportation services, leasing vehicles, and offering specialized transportation using self-driving vehicles and flying taxi services. Dubai Taxi Company (PJSC) will provide passenger transport services in specified areas and locations, and can outsource services through contractual agreements. The law annuls previous resolutions and regulations related to Dubai Taxi Corporation that contradict the new legislation.