Hong Kong money services license is different from general types of Hong Kong companies and qualifications，Apply for a Hong Kong money services license
Require
Have a permanent Hong Kong resident as the licensee，Have a registered capital of no less than HK$500,000，Actual payment and capital verification are required。Since the trade environment between countries is getting better and better,，So in many cases，Currency exchange has become a hard need。
Today we will focus on the matters related to the application and transfer of the Hong Kong Money Services License Board。 1，How long does it take to apply for a Hong Kong money services license? From the very beginning, we need to find people and venues.，Prepare all application materials and start calculation，It takes about four months to complete an application for a Hong Kong money services license.。And according to the situation of the Hong Kong Customs Department。
Because there will be more and more companies and individuals who want to engage in Hong Kong’s money service industry in the future.，The application time will be extended accordingly.。 2Is it necessary to have a permanent resident of Hong Kong as a licensed person? This is something that many companies and individuals who have never handled it tend to overlook.。
Licensed persons do not have to be Hong Kong permanent residents，Licensed personnel can be from Mainland China，As long as there is a Hong Kong resident as the contact person in Hong Kong, it will be fine，This Hong Kong resident is equivalent to the authorized representative applying for a Hong Kong money services license。This is a relatively relaxed processing period.，However, it is estimated that subsequent increases in supervision and approval thresholds are inevitable.。 3，What if I receive training from the Hong Kong Customs Department?
and many financial licenses and permits in the Mainland.
Require
Same，Hong Kong Money Services License
Application process
middle，Need to accept training courses offered by the General Administration of Customs，Only after completing the appropriate training，Meet courses on combating money laundering and terrorist financing
Require
after，Only then can managers formally take up their posts。 4，Do individuals providing money services, currency exchange and other services need to apply for a Hong Kong money services license?
Yes，Hong Kong money services license application is for the supervision of the entire enterprise and individuals，If an individual does not obtain a business license issued by the Commissioner，A very serious crime，Once convicted，High penalties can even reach 100,000 Hong Kong dollars and 6 months in prison.。 ，Be familiar with the procedures of relevant departments in Hong Kong，Have abundant processing resources，Able to provide customers with familiar processing resources，including office space，Licensed personnel etc.。
at the same time，Due to the lengthy application time，We also have ready-made Hong Kong money services licenses available for transfer，It is recommended that you need to learn more about the application and transfer of Hong Kong money services licenses.，You can call us directly to communicate and understand clearly.。
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。
