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Analysis of application requirements and fee differences for Hong Kong No. 9 license

Financial card care question

In order to avoid the occurrence of illegal fund-raising as much as possible,There are greater restrictions on private equity fund-related activities in China,Although by the end of July this year,The number of registered private equity funds in my country has reached 74,777,However, the areas available for investment are very limited,Therefore, more mainland investors are betting on Hong Kong’s No. 9 license plate to invest their funds abroad.,Hong Kong No. 9 plate application must be approved by the Hong Kong Securities Regulatory Commission,It belongs to the ninth type of Hong Kong financial license regulated by the Securities and Futures Ordinance of Hong Kong.。

Hong Kong is an international metropolis,It is also an international financial center,As my country’s foreign investment continues to rise,,Hong Kong will continue to play an important role in serving as a link between mainland China and the international community.。Mainland China carries out relevant business activities in Hong Kong,Like local investors in Hong Kong, they need to obtain the corresponding business qualification licenses,The Hong Kong No. 9 license application process has become one of the licenses that mainlanders are competing to apply for in recent years.。

The following will analyze the Hong Kong No. 9 license application process

Require

and

cost

difference,Each applicant’s understanding of the way the business is conducted

Require

is different,Some companies do not need to hold customer assets to operate,We call it the small 9 license plate,It is lower than Big 9 licenses in some application thresholds,Da9pai has the license to hold client assets,But the premise is that these assets need to be kept in a separate account。

Application for Hong Kong No. 9 license

Require

  1. Have a company or overseas corporation registered in Hong Kong;
  2. Have an appropriate business structure、Good internal control system;
  3. Financial status is in good shape,And always guaranteed to have low paid-up capital and quick-frozen funds;
  4. Ensure at least two licensed responsible persons,Comply with China Securities Regulatory Commission regulations

Require

Apply for Hong Kong No. 9 license if you need to hold client assets,It is necessary to ensure that there is a minimum paid-up capital of HK$5 million and quick-frozen funds of no less than HK$3 million.。Application for Hong Kong No. 9 license

Require

The difference determines

cost

difference on。As the situation of mainland China investing in Hong Kong is becoming increasingly fierce,,The screening standards for enterprises in Hong Kong No. 9 license application processing are constantly improving.,Prefer more powerful companies to operate。

Ten years of experience in Hong Kong No. 9 license application processing,Have long-term business dealings in Hong Kong,Business and industrial personnel are familiar with various license registration procedures in Hong Kong,Dealing with price、speed、Professionally always outstanding in the industry,Now I have various Hong Kong licenses in hand and can transfer them,Qualifications vary,Meet the diversified needs of investors for business development,Understand the Hong Kong No. 9 license application process

Require

and

cost

difference,Welcome further communication。


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Picture of Zhou Haoming

Zhou Haoming

Zhou Haoming has experience in the fields of asset management and securities regulatory compliance in Hong Kong. 8 years of experience,Served in key business and compliance positions in a licensed asset management company。He is familiar with the Hong Kong Securities and Futures Commission (SFC) regarding 9 Application conditions for asset management license、Risk control framework requirements、internal compliance system、Compliance rules such as portfolio management control and officer qualification requirements。Zhou Haoming is good at formulating internal compliance manuals and ongoing operational compliance processes that comply with the Securities and Futures Ordinance.。

Areas of expertise:SFC 9 Application for number license、risk control framework、Officer qualification requirements、Securities and Futures Ordinance、Internal Compliance Manual。

Previous institutions:Hong Kong licensed asset management company & SFC Compliance Team

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