Hong Kong Insurance Broker LicenseApplication conditions
Apply for Hong Kong insurance broker license，The applicant and core configuration must comply with Hong Kong regulatory requirements。I recommend that companies start applying，Complete the company structure first、Office address、bank account、Capital and key personnel arrangements，To reduce the risk of supplementary parts and delays during the review process。
- The applicant must be a company incorporated in Hong Kong，or an overseas company registered with the Hong Kong Companies Registry，And have actual office address and company account。
- insurance brokerage companyMust have sufficient share capital，and maintain a minimum net asset value and minimum paid-up share capital of not less than HK$100,000 at any time。
- Companies must have a compliant CEO，i.e. 1 Chief Executive Officer，And the person must be a full-time director or full-time employee of the company’s business in Hong Kong。
How to obtain an insurance broker license in Hong Kong
Enterprise obtains Hong Kong insurance brokerage license，Usually you can choose to apply for a new one or acquire itready insurance brokerage companyTwo paths。Two ways in the cycle、cost、Personnel arrangement、Insurance companies have differences in contract resources and subsequent operational connections.，Enterprises should base their business plans on、Choose your launch time and budget。
Method 1：All-inclusive new application
The new application is suitable for those who want to build a compliance entity from scratch.、An enterprise that independently plans its business system and internal management system。This method has a relatively long cycle，But the company’s history is clear，Suitable for organizations that value long-term compliance operations and brand independence。
- Processing cycle：about 6 months。
- Personnel arrangement：CE (Chief Executive Officer) can be provided by us。
- Office address：We can help you find an office。
- Funding requirements：Capital verification and payment of HKD 1 million are required，It is the customer's responsibility。
Method 2：Acquisition of existing insurance brokerage companies
Acquisition of existing Hong Kong insurance brokerage company，Suitable for those who want to shorten the admission period、Enterprises that quickly take over business resources。It is necessary to clarify the type of target company before acquisition：One is to only hold an insurance brokerage license、Without any insurance contract"Qingshui brand”；The other is a company that has signed a contract with an insurance company，which containsThree major insurance companies contractsThe price of the target is usually relatively higher。
- You can choose companies with contracts from the three major insurance companies，Including Prudential、AXA、Allies。
- You can also choose to bring a small insurance company contract，or a company without an insurance company contract。
- Processing cycle：About 1 to 2 months。
- Address and personnel：You can directly continue to use the ready-made configuration。
- Funding arrangements：100No need to reinvest 10,000 Hong Kong dollars。
Suggestions on selecting new establishments and acquisition plans
If the company pays attention to the clear history of the main body、Independent establishment of compliance system and long-term brand management，New applications are usually more suitable；If the company pays more attention to time efficiency、Ready-made license resources and insurance company contract acceptance，Priority can be given to evaluating acquisition plans。Whether you choose to start a new business or acquire it，I will focus on reviewing the company’s qualifications、Staffing、capital requirements、Contract status and subsequent operational feasibility，Ensure that enterprises have stable conditions when entering the Hong Kong insurance brokerage market、Basics of Compliance。
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。
