Can I sell a licence that has just been granted? Restrictions on transferability

If your licence is a new grant, hold off before publishing it: transport regulations have imposed a restriction on transferability — generally two years from the date of issue — during which time licences cannot be sold, subject to specific exceptions. The aim is to prevent the licensing process from becoming a vehicle for speculation: applying for the sake of resale, rather than to actually operate.

What you need to know about the rules:

• The period runs from the date of issue of the licence, not from when you start operating. Before doing anything, check the exact date in your documentation.
• The standard exceptions are personal: circumstances such as the death of the holder — [transfer mortis causa(/guia/compraventa/que-pasa-con-la-licencia-vtc-si-fallece-el-titular)] —, retirement or incapacity have traditionally allowed for transfer without the period expiring. These are strictly defined circumstances and must be substantiated, not merely claimed.
• The regulatory details have changed with the sector’s regulatory fluctuations, and their interpretation has not been consistent over time: before taking anything for granted — one way or the other — check your specific case with the transport authority or seek specialist advice. It’s a quick enquiry that prevents both wasted sales and unnecessary delays.

And what do you do with the licence whilst the time limit is running? Treat it for what it is: a dormant asset that can generate income.

• Exploit it or assign it to an operator — the verified network acquires licences in exactly this way — and document each month’s income: when the time comes to sell, a verifiable track record is the difference between the index price and a defensive discount, as we explain in the revenue certificate. If you’re considering letting it out, check first whether your specific circumstances allow it — the same principle of prudence applies.
• Prepare for the exit with data: follow your province’s index and have the valuation ready for the day the asset becomes transferable.

Once the deadline has passed — or if you believe you qualify for an exception — the sale process follows the standard procedure: verification, anonymous publication and supervised closing with published fees. Start by selling.