Hong Kong Xintong Peng Yi talks about MSO：In the current era of rapid social development，Our financial economy and society are also operating steadily，More and more compliant，increasingly diverse，Various enterprises continue to build，It also feeds back into the financial industry，Provide powerful force for economic growth。As one of the recent popular industries，MSO licenses have also received considerable attention。
everyone knows，If you want to run a currency exchange business and a remittance business，After that drug obtained the MSO license with ID，can be officially launched。So，What qualifications are required to apply for a Hong Kong MSO license?，What are the conditions for applying for an MSO license in Hong Kong? Next, Hong Kong Xintong International will explain it to you.。Hong Kong Money Services License
Application conditions
First of all, if the customer is a non-Hong Kong resident, he must first register a Hong Kong company.。
one、suitable person：applicant(or any of its partners/directors/owners)When applying, Hong Kong Customs will determine whether there are any crimes that have been convicted of、or whether he is an undischarged bankrupt，The offenses set out and the provisions set out are set out in Annex 1。You can apply only if you are neither of the two。
two、business address：1、Business address that needs to be registered：The business address that needs to be registered is the address you use to operate a currency exchange service or a money transfer service. The following are some examples of specific addresses used to operate a money services business.：（i）、This address is used as an address for operating money services；（ii）、The address is advertised (including display of signboard) as being used as a place to meet clients；（iii）、The address is often controlled by the licensee，For example, as a landlord or tenant。
If there is a specific address, it must comply with：Specific addresses are accessible to customs officers，To implement the provisions of the Ordinance。If the address involved in the application is a residential address，The applicant must ensure that the written consent of each occupier of the address is obtained，Allow authorized persons to enter the address for routine inspections。
- Addresses that meet the following conditions do not need to be registered：(i) Addresses located outside Hong Kong；(ii) The address is not mainly used for operating money services. If there is no specific address, the correspondence address must be provided in the application form.。
- The following examples do not require registered business address：（i）、Operating money services from a non-fixed address，For example, provide—；（ii）、Meet the customer at their office；（iii）、Only use mobile devices for transactions Required documents for Hong Kong money services license application
- Sole proprietorship • A copy of the valid business registration certificate • A copy of the excerpt of the information in the business register
- partnership
- Local company • Copy of certificate of incorporation • Recent annual return(Form AR1)Copies of and all documents filed with the Companies Registry after submission of the most recent annual return are also required for newly incorporated companies.：•Incorporation Form—Form NC1(Co., Ltd.)or form NC1G(Companies other than joint stock companies)• A copy of the group structure and the shareholding percentage of each member of the group • A copy of the memorandum and articles of association
- Non-Hong Kong company • Copy of non-Hong Kong company’s certificate of registration • Recent annual return(Form N3)Copies of all documents filed with the Companies Registry after the submission of the most recent annual return. Newly incorporated companies are also required • Details of non-Hong Kong companies registered in Hong Kong – Copies of Form N1 Application Procedure for Hong Kong Money Services License
- Applicant provides company business registration certificate、Company registration certificate、Annual return (or company formation form if it is a new company)、Company structure、The shareholding percentage of each member of the company and the company’s memorandum and articles of association；
- applicant(or any of its partners / Director/Owner)A notary public witness is required to make a fit and proper determination.；
- Applicants need to meet with customs officers to formally sign
Require
Application form for grant of money services operator license；Hong Kong Money Services License
Things to note
- The license is valid for two years。
The licensee must submit a license renewal application at least 45 days before the license expires.；2、If you fail to apply for a license,paid
cost
will not be refunded；
- The licensee is required to notify the Commissioner of changes in the following details:：
- Change of business/corporate name；
- Changing nature of money services business；
- Change of primary (correspondence) address；
- Changes to contact information；
- Changes to business address information；
- Change of business address and fax number；
- Changes to information about other businesses operated at the business address；
- Change of occupier of residential business address；
- Change of details of sole proprietor/partner/director/owner；
- Change of partners/directors/owners；
- Change of fit and proper status of sole proprietor/partner/director/owner；
- Changes in bank accounts used to conduct money services business。
through above，I believe everyone knows what qualifications are needed to apply for an MSO license in Hong Kong.，Already have a certain understanding of the Hong Kong MSO license application。There are so many kinds of purchasing agents now，Everyone’s desire to buy is also relatively strong，The demand and value of MSO licenses will definitely become higher and higher.。If you have any customers who want to apply for an MSO license, you can contact me directly.。
Related products：What qualifications are required to apply for a Hong Kong MSO license? , Hong Kong mso license application
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。
