You need to be a licensed taxi or private hire driver before you can set up your taxi company. If you are outside London, apply to your local council authority to get the right vehicle licence (taxi or private hire). Your local authority will:
Check that you have the right to work to work in their domain
Check your driving licence is current and valid
Do some background character checks
Within the capital, Transport for London looks after all such licences. You will need to:
Have a full driving licence from the Driver and Vehicle Licensing Agency (DVLA)
Be over 21
Have the right to live and work in the UK
Pass a DBS check
Have a medical in some cases
To drive one of the iconic black cabs, and enjoy all the benefits that come along with the role, you must pass the notorious ‘Knowledge’ test. You’ll need to memorise all streets and landmarks within a six mile radius of London’s Charing Cross. If you think about it, that is thousands of streets and sites, so it’s not for the faint-hearted! Learning the Knowledge typically takes people three to four years, so it’s a serious challenge, but there’s help and support available if you are determined. The test itself has written and oral elements—and, obviously, you cannot use a GPS system.
The benefits of becoming a licensed black cab in London are well-known. You are your own boss, can work when you like, and there is good money to be made.
Bus and Taxis Direct Ltd T/A The Taxi Shop is authorised and regulated by the Financial Conduct Authority (674319). We act as a credit broker not a lender. We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your purchase. We will only introduce you to these lenders. We may receive a commission payment from the finance provider if you decide to enter into an agreement with them. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations. If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. Visit Financial Ombudsman for information about how to refer a complaint.
Company registration number (05306798). Registered in England. Registered address: 28-31 The Stables Wrest Park, Silsoe, MK45 4HR.