Hong Kong 1 to9number plateApplications for licenses involve varying degrees of approval difficulties.，The business scope corresponding to various types of licenses，Also depends on the business model of the company、customer structure and cross-border business planning.。For plans to carry out securities transactions、For institutions engaged in asset management and related financial services，Clarify the license combination in advance、Staffing、Capital requirements and application materials，It is the key to improving the efficiency of approval。
Hong Kong Financial License No. 149Application requirements
Apply for Hong Kong No. 149 financial license，Enterprises usually need to have corresponding subject qualifications、Capital strength、Configuration of compliance personnel and responsible persons。Core requirements include：
- The applicant must be a Hong Kong company or overseas corporation。
- Have certain financial capabilities，Used to meet debt repayment and going concern requirements。
- Equipped withHong Kong Securities and Futures CommissionQualified personnel。
- Arrange at least 2 responsible persons。
- The paid-up share capital must be more than HK$5 million。
- Liquid capital must be above HK$3 million。
Among investors who inquired about Hong Kong No. 149 license agency，Many people will focus on looking for companies with RO。In practice，If the company also holds a 149 license，Usually only 3 ROs are needed，And can be shared among individual positions。therefore，When planning a license application or licensing structure，Enterprises should not judge costs based solely on the number of personnel，Instead, it should be combined with the business scope、Responsible person suitability、Conduct an overall assessment of internal controls and subsequent operational compliance。
Hong Kong Asset Management LicenseMarket background
As China’s financial market continues to reform and open up,，It has become an obvious trend for enterprises and investors to “go global”。The recent depreciation of the RMB in the Mainland and the sharp decline in the stock market，It also further triggered some funds to accelerate the allocation of overseas assets.，The number of asset management companies in Hong Kong has increased significantly as a result。
Judging from public information，In the first half of this year, as many as 51 new asset management licenses, commonly known as “No. 9 licenses” were issued.；Plus new additions in 2014，18The number of relevant licenses increased sharply by more than 130 within a month。For those who want to carry out asset management through the Hong Kong platform、For institutions involved in securities trading and cross-border financial services，Hong Kong financial licenseThe strategic value of。
Hong Kong No. 149 financial license application process
When applying for a Hong Kong financial license，Applicants should provide the Monetary Authority with a complete、Information that is accurate and supports the review's judgment。Common application materials include：
- The name or title to be used。
- Detailed description of the nature of actual or proposed business activities。
- The time and place where the relevant business will be or has been carried out。
- Date and place of incorporation。
- A copy of the company’s currently adopted memorandum of association and articles of association。
- Recently audited accounts and annual report。
- independent assurance report。
- Business plan for the first three years of the branch or subsidiary to be established in Hong Kong (if necessary)。
- Major shareholders、Names and addresses of directors and chief executive。
- Company address and number。
Hong Kong No. 149 financial license application is not completed by simply submitting information.，The focus of approval usually covers the shareholding structure、business model、capital adequacy、Responsible personnel qualifications、Compliance system、Internal controls and ongoing operating capabilities。We recommend that companies start their application，Complete a license needs assessment first、RO configuration planning、Capital arrangement and application document preparation，to reduce the cost of repairs、Delays or uncertainty about approval。
If an enterprise needs to apply for a Hong Kong financial license No. 149，Or want to know moreHong Kong license plates No. 1 to 9specific business scope and compliance requirements，You can communicate with Hong Kong ICT consultants，We will provide targeted license application and compliance implementation plans based on corporate business plans。
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。
