Hong Kong No. 9 financial license：Application conditions、Process and cost factors

Hong Kong Asset Management License，That is, No. 9 financial license，Issued by the Hong Kong Securities and Futures Commission (SFC)。In the past cases handled by Hong Kong Credit Union，Cycles are usually between three months and six months，The specific time period is directly related to the shareholder structure of the applicant company.。If an overly complex holding structure is adopted，The difficulty and time required for review will increase significantly.，This will lead to an increase in overall costs。therefore，Before formally submitting the application，It is recommended that business owners seek assistance from professional organizations，Prudently design shareholder structure and management routes，To improve the efficiency and certainty of license applications。at present，Hong Kong Xintong has transferable149license plateresource，Business owners in need can consult at any time。

Hong Kong No. 9 license application conditions

Apply to become a licensed corporation，The following core conditions must be met at the same time：

• legal structure：The applicant must be a company incorporated in Hong Kong，or an overseas company registered with the Hong Kong Companies Registry。
• Competence：The company must have a mature business structure、Complete internal monitoring system and professional staff，To effectively manage various risks faced in business。
• Responsible person：For each type of regulated activity applied for，At least two Responsible Officers (ROs) must be appointed to directly supervise the relevant activities。
• licensed representative：Person actually carrying out regulated activity，All must hold a representative license issued by the Securities and Futures Commission，The qualification and experience requirements are more relaxed than those for responsible persons。
• Shareholder qualifications：All major shareholders holding more than 10% of the shares，All must meet the "fit and proper person" criteria defined by the Securities and Futures Commission。
• financial resources：Applicants are required to maintain sufficient financial resources，lowestPaid-up share capitalRequirements range from zero to HK$30 million depending on business type。

Required information and procedures for application

Applicants for Hong Kong authorized institutions (such as licensed banks, etc.) when submitting applications to the Monetary Authority，Usually the following information is required：

1. The name or title to be used；
2. Reason for using this name or title；
3. Detailed description of the nature of actual or proposed business activities；
4. The time and place at which the relevant business has been or will be carried out；
5. Date and place of incorporation；
6. Copy of the current company’s memorandum of association and articles of association；
7. Copies of recent audited accounts and annual report；
8. Independent assurance report (if the applicant plans to operate a regulated business)；
9. Business plan for the first three years of the branch or subsidiary to be established in Hong Kong；
10. Major shareholders、Names and addresses of directors and chief executive；
11. Company address and telephone/fax number；
12. any other required data。

With thirteen years of industry accumulation, Hong Kong Xintong，Have a deep understanding of the entire application process for Hong Kong licenses，Can be sorted out from the shareholder structure、Provide full chain support from document preparation to delivery communication，Effectively shorten the processing cycle。

Cost factors

9The overall cost of a license plate is not a fixed number，Mainly affected by two aspects。The first is the statutory paid-up capital requirements and compliance costs.。Second，It is also the most overlooked part，It lies in the complexity of the corporate background and shareholder structure.。If the applicant involves multi-layer shareholding or offshore structure，Regulatory authorities on funding sources、Review of shareholder suitability will be more time-consuming，The time cost will be directly converted into professional service fees and capital occupation costs.。therefore，It is not recommended to use an overly complex business entity to initiate an application，Identifying and optimizing the architecture in advance is the key to budget control。

Hong Kong Xintong’s professional advantages

Hong Kong is a major offshore and onshore center for Asia’s financial markets，Maturity in regulatory architecture、Ranking among the best in the world in terms of depth of professional knowledge and product development capabilities，It is the preferred platform to connect investors with Asian markets。Hong Kong Xintong is based in Shenzhen and Hong Kong，Thirteen years of experience in financial licensing service institutions，Specialized in providing listing compliance and financial license acquisition services to mainland enterprises。The team can quickly refine the division of labor after accepting the entrustment，Complete the agency establishment of No. 9 license in a relatively short period of time。It currently holds a clean Hong Kong license No. 149 and can be transferred，Business owners in need are welcome to contact us for details.。Professional agency for Hong Kong financial license application，Please contact Hong Kong Information Communications Consultants。

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。