Short answer. No. A licence may not be used, directly or indirectly, by anyone other than the person it was issued to, and it cannot be transferred, conveyed or assigned. It is also tied to a place: it may not be used at any address other than the one stated on it.
What the law says
No license or authority shall be used directly or indirectly by any person other than the one in whose favor it was issued or at any place other than that stated in the license or authority be transferred, conveyed or assigned to any other person or entity.
Labor Code, Article 29 — Licence Cannot Be Transferred. Read the full provision →
The licence is personal, and "indirectly" is doing real work
The rule is that no license or authority shall be used directly or indirectly by any person other than the one in whose favor it was issued. A licence is permission granted to a particular applicant after that applicant was examined; it is not a tradeable asset. The word indirectly anticipates the arrangements people actually use — the recruiter who works under an agency's name for a share of the fees, the consultancy that borrows a licensed agency's letterhead, the friend allowed to process a few applicants. All of those are use by someone other than the holder, whatever the internal agreement calls it.
It is tied to an address as well as a person
The same sentence forbids use at any place other than that stated in the license or authority. That is easy to miss and it catches ordinary-looking expansion: a second office in another city, a provincial desk, a booth run during a recruitment drive. The article requires that any change of business address, and any appointment or designation of an agent or representative, including additional offices, have prior approval. Prior is the word to notice — approval sought after the office has opened is not what the provision describes.
Why the law refuses to let a licence travel
A licence exists so that there is a known, accountable party standing behind a job offer, one that can be located, examined and held answerable when a deployment goes wrong. A borrowed licence destroys exactly that. The worker deals with someone who was never vetted, the vetted holder says the recruiter was not really theirs, and the person left holding the loss is the applicant who paid. Non-transferability is not administrative housekeeping; it is what keeps the accountability attached to the name on the paper.
What an applicant can check
Two things are worth verifying before money changes hands. First, that the licence you are shown is in the name of the entity you are actually dealing with, not an affiliate, a sister company or an individual who says they work with the licensee. Second, that the address you are standing in is the address on the licence. If either is off, keep the receipts and whatever was said in writing, and take them to a lawyer before you pay anything further.