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Hong Kong No. 149 License Acquisition:Market advantage、Transaction process and fee points

Financial card care question

Hong Kong License No. 149The acquisition is suitable for plans to quickly enter the Hong Kong financial market、Enterprises with regulated businesses。Hong Kong as an international financial center,in the financial system、legal environment、Mature advantages in regulatory system and market returns,Can provide stability to investors and financial institutions、Transparent and internationally recognized business environment。

The core advantages of Hong Kong’s financial market

Hong Kong’s financial sector has many advantages over the mainland market。first,Hong Kong’s financial system is perfect,High degree of marketization,Strong international recognition,Long-term trusted by global financial institutions and investors。

Secondly,Hong Kong has a sound legal system。A sound legal system is an important guarantee for Hong Kong’s sustained and stable economic development over the past decades.,also for financial transactions、Asset management and cross-border business provide a clear compliance basis。

again,Hong Kong is relatively mature in terms of risk control and regulatory mechanisms。All types of financial transactions except for the participation of dealers and banks,There are also often third-party regulatory arrangements,To ensure the safety of investors’ funds and enhance transaction transparency。

What's more important,Hong Kong’s financial market has strong income attraction,This is also an important reason why global investors continue to favor Hong Kong’s financial market.。therefore,For companies interested in developing international financial business or allocating assets,Investing in Hong Kong’s financial market is a strategic choice。

Hong Kong 149number plateAccording to the acquisition transaction process

When handling the acquisition of Hong Kong No. 149 license,It is recommended to strictly follow the compliance process,And complete it at the critical linkdue diligence、Regulatory reporting and share change arrangements,to reduce transaction risk。

  1. Sign a service agreement with an intermediary consultant。
  2. Negotiate with the transferor,Confirm acquisition intention。
  3. Sign a letter of intent to acquire。
  4. Conduct due diligence,Including whether the company is legally established、Is the license valid?、Is there any violation record?、Tax and debt issues, etc.。
  5. Sign a formal equity transfer agreement,and pay the first installment of the transfer fee,The amount is about 40% of the total price。
  6. TowardsHong Kong Securities and Futures CommissionSubmit application for qualification review of new major shareholder,The review time is approximately 2 to 3 months;After passing,Transfer 40% of shares to new shareholders。
  7. Subsequent share changes and payments can be carried out in accordance with the terms negotiated by both parties.,Share transfers at this stage do not require approval from the Securities and Futures Commission of Hong Kong.。
  8. When changes are completed and handed over to the company,Pay the final payment to the intermediary consulting company。For more details, please leave a message。

In practice,You can also buy No. 49 plate first,Then assist in upgrading to No. 149 plate。This method will take longer overall processing time,But there is usually more room for discounts in terms of price。

49Number plate upgrade1number plateprocess

If you choose to hold license number 49 first and further upgrade to license number 1,Usually required in conjunction with licensing conditions、Comprehensive advancement of system configuration and regulatory application requirements。

  1. Sign a service agreement with an intermediary consultant。
  2. Configure qualified licensees and trading systems and other related arrangements。

Fees and application points for upgrading to No. 1 license plate

In the process of upgrading No. 1 plate,The following fees and arrangements must be paid or borne separately by Party A:

  1. Deposit 10 million Hong Kong dollars into the account of No. 49 Company。
  2. The application time is more than half a year。
  3. After successfully applying for No. 1 plate,Pay the balance to the intermediary consulting company。

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 realizeCross-border financeCompliance expansion of 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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Lin Zixuan

Owned by Mr. Lin Zixuan 15 year securities、Asset management and investment banking experience,Served as senior compliance officer in several licensed financial institutions。He is well versed in the Hong Kong Securities and Futures Commission (SFC) regulatory requirements,Successfully dominated the SFC 1st 1、4、9 Application and annual maintenance of licenses (including RO licenses for legal persons and individuals)。He is particularly skilled in developing and enforcing financial resource rules (FRR)、internal control system,as well as ensuring that the company is fully compliant with the SFC’s requirements in terms of customer vetting (KYC) and anti-money laundering (AML/CFT),To meet strict regulatory compliance standards。

Areas of expertise:SFC license (Type 1, 4, 9) Application and maintenance、RO/MIC Approval、internal control system、Client Asset Rules (FRR)、KYC/Anti-Money Laundering Policy

Previous institutions:international investment bank、Licensed securities trading company、asset management company

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