Following a successful provisional period, both Geolah and Trans-Cab have received RSOLs that are valid from 1 January 2025 to 31 December 2027.
In a public consultation, the Land Transport Authority has proposed two different licences for street-hail and ride-hail businesses.
After a one-year concession period, 22,000 pass the test within grace period, while about 21,000 are no longer able to drive for services like Grab.
Some 5,300 private-hire car drivers have undergone a vocational training course but have not passed the test, which means they may be taken off the roads.
There are 56,300 private-hire car drivers on the roads now but a significant number may have to stop picking up passengers in a month's time.
To curb the private-hire car population, the Government intends to charge Uber and Grab for a licence to operate in Singapore.
27 private-hire drivers have been caught for flouting the new regulations imposed onto the ride-hailing and chauffeur industry.
Private-hire car drivers who fail to display a licence or special decals on their windscreens from this Saturday will face a fine, or even jail time.
With the Private Hire Car Driver's Vocational Licence, Singapore joins cities like San Francisco and Toronto that require private-hire drivers to be licensed.
The Land Transport Authority has received about 39,000 applications for the Private Hire Car Driver's Vocational Licence as of 21st June.
About 5,000 drivers have applied for the Private Hire Car Driver's Vocational Licence so far since 13th March, according to the Land Transport Authority.
Uber and Grab have set up websites to help their drivers with the process of applying for the new Private Hire Car Driver's Vocational Licence from Monday.
The Land Transport Authority said drivers for private-hire car services can apply for a vocational licence from next Monday, 13th March.
Private car drivers operating under Uber and GrabCar may soon be required to have a vocational licence. More will be revealed in next month's Budget debate.