The fans' favourite, 33, attended a British Boxing Board of Control (BBBoC) meeting in Cardiff on Wednesday and general secretary Robert Smith confirmed to BBC Sport that Hatton wants to return to the ring.
He said: "His licence will be granted pending the completion of medicals.
"He spoke well, looks fit and he wants to have one more hurrah."
Hatton (47-2) has not fought since he was knocked out in two rounds by Manny Pacquiao in Las Vegas in May 2009.
He has since become a boxing promoter and his comeback, which has received a mixed response from fighters past and present, would likely be on a card featuring a majority of Hatton Promotions boxers, including Martin Murray, Anthony Crolla, Rendall Munroe and Scott Quigg.