currentHong Kong financial licenseMarket prices are relatively low。For companies planning to enter Hong Kong financial market and international financial market，The current stage is a better window to evaluate acquisitions and license layout.。Hong Kong Xintong has been a long-term agent in applying for various financial licenses in Hong Kong、Transfer and Compliance Support Services，Available for businessesHong Kong Securities and Futures Commission license：Nine types of business scope and 149 combination application practicetransfer process、Cost assessment and implementation support。
Hong Kong No. 149 financial license transfer fee reference
Hong Kong 1、4、9license plate：Application conditions and cross-border business valuetransfer fee，It needs to be combined with whether the licenses are concentrated in the same company、Does it need to be acquired separately?、Licensed company asset status、Comprehensive assessment of staffing, venue arrangements and other factors。If separate acquisitions are involved，The transaction structure and quotation are quite different，Need to be further calculated on a case-by-case basis。
In recent transaction cases，Hong Kong License No. 149The transaction price was approximately HK$10 million，The trading cycle is about seven months，Fees usually cover licensee arrangements、office space、Intermediary service fees and other related costs。The actual transaction price is still subject to due diligence、The negotiation results between the buyer and the seller and regulatory change requirements shall prevail.。
Company requirements for transfer of Hong Kong No. 149 financial license
A company that undertakes Hong Kong’s No. 149 financial license，Need to comply with the Hong Kong Securities and Futures Commission’s compliance review requirements for licensed corporations and related personnel。Generally speaking，Under acquisition or transfer arrangements，The company level should focus on meeting the following conditions:：
- The company must be a company established in Hong Kong。
- Shareholder structure should be kept relatively simple、clear，Facilitates regulatory review and subsequent compliance management。
- ultimate beneficiary、The identity of the actual controller needs to be clear and verifiable。
- Shareholders and directors must meet the "fit and proper person" requirements of the Hong Kong Securities and Futures Commission。
During the application and change process，The Securities and Futures Commission of Hong Kong usually adopts relevant forms and supporting documents，to major shareholders、Director’s financial position、character、Detailed verification of integrity records and compliance background。
Definition of major shareholders and key points of review of control rights
In the process of transfer of Hong Kong financial license，The identification and disclosure of major shareholders is an important part of regulatory review。Major shareholders generally include the following situations:：
- Own alone or jointly with a related person more than 10% of the issued share capital。
- Directly or indirectly exercise more than 10% of the voting rights at any shareholder meeting of the company，or control more than 10% of the voting rights。
- Hold alone or jointly with one person shares in another or more than one corporation，and those shareholdings enable the person, alone or jointly with one person, to control, directly or indirectly, 35% or more of that other corporation or other corporation。
in short，If relevant persons hold more than 10% of the shares of the licensed company，Or hold 35% of the equity in the upper-level holding company of the licensed company，Usually it will be included in the scope of key review。Enterprises should sort out the equity chain in advance before transactions、Controlling relationship and ultimate beneficiary information，Avoid insufficient disclosure affecting the approval progress。
Funding Requirements and Financial Resource Declaration Arrangements
Hong Kong No. 149 financial license transfer and subsequent operations，Financial strength of the applicant and licensed corporation、There are clear requirements for funding sources and ongoing financial resources.，Mainly include：
- Proof of source of shareholders’ funds and proof of legality of funds。
- Plan the financial arrangements needed to run the business。
- Legal requirements for registered capital。
- Legal requirements for liquid capital。
also，Licensed corporations are also required to report their financial status regularly in accordance with regulatory requirements。Normally，Licensed corporations are required to submit financial resource declarations to the Securities and Futures Commission of Hong Kong every month；4th、5、6、9and Class 10 license，and corporations whose licenses are subject to the condition that they are not allowed to hold client assets，Only a financial resources declaration form must be submitted every six months。
Responsible for personnel RO allocation and salary costs
Staffing of Hong Kong financial licenses is a core requirement in transfer and ongoing compliance operations。stipulated by law，The company needs at least one "Responsible Person RO"Management Company；But when applying for a license，Or after obtaining a license and starting operations in the future，The Hong Kong Securities and Futures Commission usually requires the employment of at least two "Responsible Officers RO"。
Responsible personnel RO can usually be divided into "big RO" and "small RO"：
- Big brand RO：Have served as the responsible person for relevant licenses in the past，And have corresponding responsible person experience。
- Small brand RO：Pass HKSI related examinations，and personnel with relevant industry experience。
Take the data of No. 9 license plate RO in 2017 as an example，If you do not participate in company management and operations，For listing arrangement only，Monthly salary is approximately HK$50,000 to HK$60,000，Depends on experience and bargaining power；If necessary, participate in company operations and management，Monthly salary can be as high as HK$100,000。
Hong Kong Xintong Hong Kong financial license service support
Hong Kong Xintong was established in 2007，Headquartered in Shenzhen，and in Shanghai、Hongkong、Taiwan、There is an office in Japan。As a business service integration company, Hong Kong Xintong，Business covers international business、financial advisor、Acquisitions and mergers, etc.。
We have professional accountants、Lawyers and financial advisory team，Rely on professional knowledge、Process control and service quality management，Establish support service platforms and solutions for enterprises to expand their international business，And provide consulting for enterprises’ overseas investment、Industrial and commercial tax、Mergers and acquisitions and financial license compliance services。
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About Hong Kong Xintong
GXT-HKComposed of professional teams from mainland China and Hong Kong，Focus on providing global company registration、Financial license application、Bank account opening、One-stop cross-border services such as tax financial planning and compliance consulting，Core covers Hong Kong MSO license、Hong Kong Insurance Brokers and Hong Kong Money Lenders Licenses、US MSB license、Hong Kong 149 license、9license plate，Helping enterprises to go overseas efficiently and compliantly，Steady global layout。
