Hong Kong Money Services LicenseDepend onHong Kong Customs and Excise DepartmentIssued by the General Administration，It is a compliance certificate for engaging in currency exchange and remittance services.。Hong Kong has a large scale of capital inflows and outflows、High frequency，Easily used by criminals to conceal the source of illegal funds，Seriously disrupt the market order。to this end，Hong Kong Customs and Excise Department持续加强监管，Promoting the market's increasing attention to license transfers。
Hong Kong has implemented the "Guidelines on Combating Money Laundering and Counter-Terrorist Financing" since 2012，It is clearly stipulated that a license is required to provide currency exchange and remittance services.，Operating without a license is a crime，punishable by fine or imprisonment。Due to the stricter license application conditions，Some investors prefer to enter the market through license transfer。
License application conditions
The license must be applied for in the name of the company：
- The company type must be a Hong Kong company or an overseas company registered in Hong Kong。
- There must be suitablesuitable personand licensee。
- Compliantoffice spaceand sufficient registered capital。
For mainland investors，The above requirements constitute major restrictions，Therefore, license transfer has become a realistic option for units that have not yet met the requirements or need to undertake emergency business.。
Company change requirements involved in transfer
The transfer of Hong Kong money services license mainly involves company changes。Different from the mainland，Change of fit and proper person and licensee of Hong Kong Money Services Company，Prior approval from the Commissioner of Customs is required。It is recommended to entrust an organization with practical service experience to apply on your behalf.，to reduce approval barriers。
Acquisition considerations
For the acquirer，License transfer requires comprehensive consideration of the operating conditions of the target company、Factors such as business reputation and license validity period，Reasonably judge the purchase price。If suitable candidate、Licensee、Difficulties with registered capital or office space，Seek help from professional advisors，Ensure transactions proceed smoothly。
About Hong Kong Xintong
GXT-HKComposed of professional teams from mainland China and Hong Kong，Focus on providing global company registration、Financial license application、Bank account opening、One-stop cross-border services such as tax financial planning and compliance consulting，Core covers Hong Kong MSO license、Hong Kong Insurance Brokers and Hong Kong Money Lenders Licenses、US MSB license、Hong Kong 149 license、9license plate，Helping enterprises to go overseas efficiently and compliantly，Steady global layout。
