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Medallion Owner, Corporation

About Apply Operating & Renewing

Apply

Before you submit your application

  • 1
    The applicant must be at least 19 years old

    • 2
      The applicant must contact the TLC Legal Department at the address listed below in the Contact Information section for a full application package. The application package is not available on-line.

      • 3
        List of Permit Fees. More info
        • The Medallion Transfer Unit will explain all of the City and TLC taxes and fees that must be paid to own a medallion. Please see Contact Information below.
        • If you are using a money order to pay the fee it must be made payable to: NYC TLC.
        • All licenses are non-transferable and all fees are non-refundable.

      • 4
        List of accepted payment methods. More info
        • Money Order
        • Visa
        • MasterCard
        • American Express
        • Discover

        • Ready to Apply?

        Apply in Person

        Steps to apply in person:

      • 1
        The applicant must comply with all prerequisites and process steps listed below. They can then visit one of the TLC facilities listed under Contact Information.

        • 2
          The applicant must be prepared to pay a Transfer Tax of 5%, and choose to buy either a medallion or a share in a medallion. Buying a medallion is a very complicated process, and it may be best for the applicant to use a TLC licensed broker. Please see the Find a TLC licensed Broker link above.

          • 3
            The applicant must find out where and how to buy a medallion. To do so, the applicant can speak to a TLC licensed broker. Brokers have a list of clients who are looking to sell a medallion or are selling shares in a medallion partnership. If the applicant is using a broker, the broker must be licensed by TLC, and the licensed broker will explain the purchasing process and provide the necessary forms. Please see the Find a TLC licensed Broker link above.

            • 4
              If the applicant chooses not to use a broker, the applicant will need to contact the Medallion Transfer Unit. Please note: The process is different for each sale based on whether applicant is buying as a, Partnership, LLC, Inc., Corp. or foreign business.

              • 5
                Once the applicant has closed on the sale of a medallion, he or she will need to submit all necessary documentation to the Medallion Transfer Unit, located at 40 Rector, 5th Floor, New York, NY 10006.

                • 6
                  Fees must be submitted along with the application form as identified below.

                  • 7
                    To submit an application, please contact the Medallion Transfer Unit for an appointment, during its business hours 9:00 AM to 5:00 PM Monday through Friday.

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