Hong Kong License No. 1Usually understood as a securities trading license，But its acquisition、Transfer and actual operation requirements go far beyond the words “securities trading”。According to relevant statistics，As of the end of 2017，Among the 4892 licensed companies in Hong Kong，Hong Kong No. 1 licensed institutions account for about a quarter，This is in line with the maturity of Hong Kong’s securities market.、Liquidity and internationalization advantages are closely related。
For investors who plan to start securities trading-related businesses in Hong Kong，Hong Kong License No. 1 is an important compliance threshold for entering the market。In practice, we will focus on the acquisition cycle、RO replacement、Personnel qualifications、Business scope and cost structure, etc.，Help customers determine whether it is more appropriate to apply for a new license，Or quickly obtain business qualifications through acquisitions?。
Staffing and qualification requirements for Hong Kong License No. 1
Compliance Operations of Hong Kong Securities Trading Activities，Must be responsible for at least 2 licensees。Relevant licensees in degree background、Practical experience and professional qualifications must meet the regulatory requirements of the Hong Kong Securities and Futures Commission，therefore，Finding and deploying suitable talents is often a key difficulty in the management process.。
existHong Kong No. 1 License Acquisitionin process，If the responsible officer (RO) needs to be replaced，The Hong Kong Securities and Futures Commission usually checks the qualifications of the new RO、Experience and compliance capabilities re-examined，to confirm that it meets regulatory standards。therefore，Even if you choose to acquire an existing license，RO replacement may still bring a certain processing period。Before investors choose "acquisition" or "application"，Should be combined with your own business development schedule、Comprehensive trade-off between team configuration and budget level。
The core advantages of Hong Kong No. 1 license acquisition
The main advantage of Hong Kong No. 1 license acquisition is time efficiency。For those who have a clear business plan、For organizations that urgently need license support to carry out business，License transfer is usually the more feasible route。
at the same time，The acquisition method also means that the overall cost may be higher than applying directly。Specific costs cannot be generalized，Instead, it should be combined with the license plate type、Business permissions、Company History、Personnel structure、Assess compliance records and market supply and demand。
Small No. 1 plateBusiness differences with Da No. 1
Different investors have different needs for business development。Some institutions only plan to use diversion、Introduce securities investors to securities firms，And realize operating income in the form of commission，This type of business has relatively low requirements for license authority.，Often called "small No. 1 brand" in the market。
If the enterprise plans to carry out substantial securities trading activities，For example, opening an account for a customer、Provide various investment product trading services，It is usually necessary to apply to the Hong Kong Securities and Futures Commission or acquire a "more complete authority"Big No. 1 license plate”。at present，The price of Hong Kong No. 1 license acquisition in the market has usually reached tens of millions.。Have a good foundation for compliance、License resources with prices lower than the market average，tend to attract more attention from investors。
Hong Kong No. 1 license acquisition cycle and RO replacement review
Compared with the new application for Hong Kong No. 1 license, which usually takes about 6 cycles，The acquisition method generally has more advantages in terms of overall time。However, since the license transfer process involves equity、Changes in key matters such as management and RO，The Hong Kong Securities and Futures Commission will still re-examine the relevant personnel and company situations，To ensure that the operational arrangements after the license is accepted comply with regulatory requirements。
We recommend that investors complete comprehensive due diligence prior to acquisition，Including the business permissions of the target license、Historical business records、Compliance deficiencies、financial condition、Personnel structure and potential liabilities, etc.，Avoid insufficient information that may affect subsequent approval and operations。
Hong Kong Financial License No. 1 to 9 Application、Acquisition and transfer services
Hong Kong Xintong has long been focusing on Hong Kong financial license applications、Acquisition and transfer services，Familiar with Hong Kong No. 1 license acquisition procedures，And according to different business models of investors，Offer 1、2、3、4、6、9Number and other Hong Kong license application and transfer solutions。
- brand：Large Hong Kong Financial License Service Institution。
- major：Cumulatively serving more than 500 domestic and foreign customers。
- focus：Possess 10 years of successful experience in Hong Kong financial license application。
We can assist customers in evaluating the Hong Kong No. 1 license acquisition cycle、fee structure、RO replacement arrangements and subsequent compliance operation requirements。Currently also available according to customer needs，Offering a 20% discount on transfers below the market priceHong Kong License No. 149Wait for a small number of qualified resources。Specific license status、Price and processing cycle，It is recommended to further communicate with Hong Kong Information Communications Consultants for confirmation.。
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。
