Hong Kong serves as a major platform for international capital inflows and outflows，Market openness is relatively high，However, it also faces the risk of illegal financial flows.。To combat money laundering and terrorist financing，The Hong Kong government strictly requires relevant individuals and units to completeHong Kong Money Services Licensehandle，To standardize industry order。
Main purpose of license
Hong Kong Money Services LicenseMainly covers the following two types of business activities：
- currency exchange：Individuals and entities whose main business is currency exchange，Excludes exchange services in ancillary businesses，Redemption provided by the hotel。
- Remittance service：Covers sending funds to places outside Hong Kong、Receive funds from outside Hong Kong，Or arrange to collect funds in three situations outside Hong Kong。
If the unit engages in the above activities without reportingHong Kong Customs and Excise DepartmentproposeLicense application，constitute a criminal act。Applications must be submitted in the name of a Hong Kong registered company or a locally registered overseas company，and completesuitable person、Licensee qualifications、Registered capitalandCompliance office spaceand other information，Apply to the Money Services Supervision Division。
Application process
License applicationThe following standard procedures must be followed：
- Submit your application in writing or electronically to the Money Services Supervision Division of the Customs and Excise Department，Relevant forms can be obtained from the designated website。
- Customs will review the materials after receiving them，Ask the applicant to provide additional explanations or clarifications when necessary。
- The applicant completes the payment after receiving the payment notice，Customs verification payment records。
- Applicants must sign a formal money services operator license application form witnessed by Customs and Excise Department officers.。
Hong Kong Xintong has more than 7 years of professional experience in related license processing fields，Pay close attention to policy adjustments，Can optimize response plans for investors in a timely manner。If the applicant issuitable personSelection、Licensee qualifications、Encounter obstacles in allocating registered capital or arranging office space, etc.，Effective assistance can be provided，Welcome to further communicate with us regarding license application details and process guidance.。
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。
