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Apply for a currency exchange license in Hong Kong,Transfer Ready Hong Kong Currency Exchange Company

Financial card care question

Due to the influence of history,Hong Kong's economic development started earlier than that of the mainland,As an “excellent harbor” for free capital,Hong Kong continues to expand in attracting external investment,In this cross-border trade、Cross-border investment is booming,There is also a new amount for currency exchange

Require

,Currency exchange companies came into being,So let’s start with what needs to be met when applying for a currency exchange license in Hong Kong.

Require

in our country,As of December 31, 2017,According to reliable statistics,There are 71 licensed foreign currency exchange companies in my country.,There are only 10 companies holding national licenses,Quantity is rare。The same goes for Hong Kong。Because the financial license management system is implemented,

Require

Submit an application for a Hong Kong currency exchange license to the Customs and Excise Department - Money Services Supervision Division,Compared to the mainland,The restrictions are not that big。

The conditions for applying for a currency exchange license in Hong Kong include::

  1. Registered capital:50Registered capital of W Hong Kong dollars,

Require

Paid in full;

  1. suitable person:Determination by Hong Kong Customs,A suitable candidate must not have a prescribed criminal record,Otherwise, it will not be able to pass the review of Hong Kong Customs.;
  2. Application subject:

Require

Applicants must first register a Hong Kong company,Or register an overseas company in Hong Kong;

  1. 1 licensed person,Be a permanent resident of Hong Kong;
  2. Office address:Have a physical office location in Hong Kong,Relevant supporting documents are required。

For most mainland investors,,Most of the above-mentioned requirements for applying for a currency exchange license in Hong Kong require preparation from scratch.,The consumption cycle is relatively long,Plus the risk of applying is,To address investors’ concerns about conducting currency exchange business in Hong Kong,There are ready-made Hong Kong currency exchange companies for transfer,Catering to investors’ demands for business development from multiple aspects。

The transfer and application of Hong Kong currency exchange companies are also recognized and supervised by the regulatory authorities,When looking for targets,The acquirer should check the validity period of the company’s license、Business conditions、Liabilities, etc.,To avoid any negative impact on subsequent business operations。

7 years of professional service experience in the field of Hong Kong license processing,Be familiar with the policy changes of Hong Kong regulatory authorities,Able to provide Hong Kong companies、Licensee、Office space and other comprehensive services,System management mode,Always the fastest in the industry、price、professional etc.

Advantages

,Hong Kong Currency Exchange License Application、Please call us for details of the acquisition。


About Hong Kong Xintong

Hong Kong Xintong focuses onHong Kong Securities and Futures Commission licenseHong Kong Insurance Broker LicenseHong 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

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Chen Weilun

Chen Weilun, money service operator in Hong Kong (MSO) Compliance and regulatory practice areas include 12 years of experience。He served as head of the compliance department of the local payment and currency exchange licensing authority,Directly responsible for MSO license application、Anti-money laundering / Customer due diligence system (AML/KYC)、risk assessment design、Establish daily monitoring procedures and communicate with the Customs Department for review and other compliance tasks。

Areas of expertise:MSO license application、AML/KYC system、risk assessment、daily monitoring procedures、Customs Department review communication。

Previous institutions:Hong Kong MSO Payment Institution & Head of Compliance Department

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