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What are the procedures for transferring money lending license and applying for a new license in Hong Kong?

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The status of the transferred money lending license is as follows:

  1. License quotation:The price of the license plate is negotiable.,If you want to acquire such a company, you must be mentally and financially prepared in advance.,Price without business license
  2. business:Normal now,Mainly engaged in private loans,Detailed information still needs to be communicated and confirmed.。
  3. office space:An area of ​​more than 2,000 square feet,The monthly rent plus management fee is more than 50,000 yuan;And then there are conference rooms and things like that。
  4. Company establishment time:It was established a few years ago,That company has always done business again,There is some money that cannot be recovered,But the quantity is very small. How many bids does our company have?,Both with and without accounts,You can choose the target company according to your own needs,What are the requirements for applying for a new moneylending license?:
  5. Applicant's Application and Declaration Form
  6. Documentary evidence that the applicant has the ability to engage in customary money lending business
  7. Documentary evidence of the applicant’s financial situation
  8. Tenancy agreement and floor plan of the premises proposed to be used for carrying on money lending business
  9. The owner’s written permission for the premises to be used for money lending business
  10. ‘Occupation Permit’ issued by the Buildings Department
  11. Search the Land Register at the Land Registry
  12. For annual returns (if the applicant is a company), general financial companies in Hong Kong will provide loan services.,This requires a moneylender's license.,But in fact, it is difficult to apply for this license now.,On the one hand, it is because without a certain financial foundation, you will not be given the opportunity to apply for this license.,Second, supervision is now very strict.,So I usually choose to acquire a license.。

If you need to acquire a money lending license or apply for a new money lending license, you can contact Hong Kong Xintong Manager Peng Yi。


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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Picture of Zheng Yanlin

Zheng Yanlin

Zheng Yanlin has experience in the field of commercial lending regulatory compliance in Hong Kong. 9 years of experience,Served as head of the regulatory and risk management department of a money lending business entity,Responsible for money lender license application、Compliance policy development、Risk assessment and regulatory document preparation,Communicate supervision system requirements with regulators and coordinate internal control processes。

Areas of expertise:Money Lender License Application、Compliance policy development、risk assessment、Requirements for supervisory party (Police Force) communication and supervision system。

Previous institutions:Hong Kong Business Lending & Money Lending Compliance Team Leader

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