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 continues to strengthen supervision，prompt the market toLicense transferattention continues to rise。
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
Hong Kong Xintong focuses onHong Kong Securities and Futures Commission license、Hong Kong Insurance Broker License、Hong Kong MSO Licenseandmoneylenders licenseApply for service，Assist customers to applyUS MSB license、NFA、RIA、Canadian MSB license、Mainstream overseas financial licenses such as Australia and Mexico，Support enterprises to achieve compliance expansion of cross-border financial business。Also availableCayman Islands Offshore Company Registration、Offshore fund establishment and global compliance operations and other services，Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more，Please contactHong Kong Information Communications Consultant。
