about Us Research and Insights Contact us
Number copied,Please add WeChat to discuss in detail

Procedures for applying for a Hong Kong insurance brokerage company license,Hong Kong insurance brokerage company license transfer

Financial card care question

2020The 'black swan' of the global financial crisis,The financial tsunami brings new challenges to Hong Kong’s financial supervision,The Hong Kong SAR government decided to extend supervision to the insurance industry。The Financial Services and the Treasury Bureau of Hong Kong issued a formal consultation document yesterday,It is recommended to establish an independent Insurance Regulatory Authority,Replacing the Office of the Insurance Commissioner,thereby enhancing protection for policyholders。From such aspects,Applying for a Hong Kong insurance brokerage company license will provide you with many business opportunities.。

one、To apply to establish an insurance brokerage company, you must meet the following conditions::(1) Establish insurance brokerage and professional agency companies,Its minimum registered capital limit is RMB 50 million.,(2)Have company articles of association that comply with legal requirements。(3)The company shall have no less than 30 employees,The number of employees of the company holding the "Qualification Certificate" shall not be less than 1/2 of the total number of employees of the company.。(4)Have managers who meet the qualification requirements of the China Insurance Regulatory Commission。

(5)Have a fixed business place that complies with regulations。two、A foreign insurance brokerage company that applies to establish a foreign-invested insurance brokerage company must meet the above conditions in addition to,The following conditions should also be met:(1)Good credit standing,Have not been subject to any major punishment by the competent authorities or judicial departments of the country in which they are located in the past three years。(2)Operating insurance brokerage business for more than 20 years。(3)Operating income for three consecutive years before application is no less than US$100 million。(4)Have a representative office in China for more than two years。

(5)The country has a complete insurance regulatory system。(6)The proposed managers meet the qualifications prescribed by the China Insurance Regulatory Commission。(7)Other conditions specified by the China Insurance Regulatory Commission。three、The foreign joint venturer that applies to establish a joint venture insurance brokerage company should meet the above seven requirements.,The Chinese joint venturer should be an enterprise that meets the following conditions::(1)Good credit standing,Has not been subject to any major punishment by national competent authorities or judicial departments in the past three years。(2)Be profitable for 3 consecutive years before applying。

(3)The year-end capital of the year before the application is submitted shall be no less than RMB 50 million.。(4)Other conditions specified by the China Insurance Regulatory Commission。Four、Qualifications:(1)economical、College degree or above in finance related major、Engaged in insurance work for more than 5 years,Or 10 years of working experience in finance,Or have worked in the economy for more than 15 years。

(2)economical、College degree or above other than finance-related majors,Engaged in insurance work for more than 8 years,Or 15 years of financial work or more than 20 years of economic work。(3)economical、Master degree or above in finance-related majors,Engaged in insurance work for more than 3 years,Or related products with 8 years of financial work or more than 12 years of economic work:Hong Kong insurance brokerage company license application


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

Article directory

connect:Hong Kong Information Communications Consultant

Picture of Xu Wanting

Xu Wanting

Xu Wanting has been engaged in insurance and financial services compliance work in Hong Kong for many years,Responsible for the preparation of IA insurance brokerage regulatory compliance documents、Internal control process construction、AML system design、Regulatory filings and interactions with regulators。She is familiar with insurance product liability、sales compliance、Institutional requirements such as customer protection regulations and establishment of internal training and compliance systems。

Areas of expertise:IA Insurance Brokerage Regulatory Compliance Documentation、Internal control process construction、AML system design、Customer protection regulations、Internal training。

Previous institutions:Hong Kong insurance brokerage company & IA Compliance Team

Hong Kong MSO license application case sharing

[Case Sharing] Helping mainland Chinese companies obtain Hong Kong MSO licenses,The first step to achieve cross-border

2026March,Explain that Hong Kong Information Technology is a mainland cross-border enterprise,Cases of successful application for Hong Kong Money Services Operator (MSO) license。Detailed explanation of venue requirements、RO recruitment、Compliance manual preparation and other key aspects,Share practical experience。
Financial card care question

Is registering an offshore company in Hong Kong good for foreign trade??

Is registering an offshore company in Hong Kong good for foreign trade??Nowadays, more and more friends who are engaged in foreign trade find that,All my friends have registered overseas companies.:Register a Hong Kong company、Register a UK company、Pacific Islands Company, etc.。
Financial card care question

What are the benefits of registering a Hong Kong company in Shenzhen?

What are the benefits of registering a Hong Kong company in Shenzhen? Hong Kong is an international metropolis with extremely developed information.,It is the freest trade port in the world.,Coupled with its good infrastructure and sound legal system,
Financial card care question

Nearly 100,000 people are aware of the VAT rules in the UK

Nearly 100,000 people are aware of the VAT rules in the UK March 15 this year,UK Finance Bill comes into force。 Which group of people in China will be most affected by the bill?,It must be a company or individual engaged in foreign trade e-commerce business!
Customer service avatar
Customer service avatar
Gold License-Compliance Consultant 8:00 AM – 11:00 PM
WeChat QR code
13417046218
Scan the QR code to add WeChat
Hong Kong and Chinese team · Senior financial compliance experts