Hong Kong Category 1、Type 4 and Type 9 regulated activity licenses，Is cross-border securities trading、Common compliance bases for securities consulting and asset management businesses。To apply for more 1、4、9license plate as an example，Whether companies choose to apply for a new license or acquire a licensed platform，All must focus on subject qualifications、Substantive operations in Hong Kong、Acquisition and transfer of Hong Kong No. 149 plate：process、Personnel requirements and practical analysisConfiguration、internal control、Overall planning for capital adequacy and ongoing compliance capabilities。
Hong Kong 1、4、9Applicable entities and license types of financial licenses
ApplyHong Kong Securities and Futures Commission license：Nine types of business scope and 149 combination application practiceSubject of license，Must be a limited company incorporated in Hong Kong，Or inHong Kong company registrationNon-Hong Kong companies registered with。The license application essentially uses the Hong Kong company as the regulatory vehicle，around its business model、Staffing、Review of capital strength and compliance systems。
The business must also have a physical office address in Hong Kong，Usually required to be a Grade A office building，and equipped with an experienced management team，To support the day-to-day operations of licensed businesses。The applicant should also establish a clear business framework、Effective internal control system，and configure qualifiedHong Kong No. 1 plate acquisition：capital threshold、Responsible Personnel and Ongoing Compliance Requirements(RO) and licensed individuals。
In relation to the nationality of the licensed individual and responsible officer，Hong Kong Securities and Futures Commission并无特别限制或额外规定，The core review focuses on its experience、Competence、Integrity status and whether it meets the "fit and proper person" standard。
Core application conditions and operational requirements
Apply for or acquire Hong Kong 1、4、9No. of financial license，Enterprises need to focus on meeting the following conditions：
- Subject qualification：The applicant must be a company incorporated in Hong Kong，Or an overseas company registered with the Hong Kong Companies Registry。
- Substantive operations in Hong Kong：The business must have a physical office address in Hong Kong，and have operating conditions that can support the development of regulated businesses。
- Management and internal control capabilities：Licensed corporations and registered institutions when conducting relevant business，Must be able to manage risks that may be faced in the course of business operations，including establishing an appropriate business structure、Good internal control system and qualified business personnel。
- Compliance guidance basis：For relevant requirements, please refer to the "Guidelines on Competence" published by the Securities and Futures Commission of Hong Kong.、"Code of Conduct for Licensed or Registered Persons" and "Management of Licensed or Registered Persons"、Supervision and Internal Control Guidelines"。
Responsible person、Licensee and director configuration requirements
At least two responsible officers must be appointed for each type of regulated activity，Directly supervise relevant business。Each type of regulated activity must also have at least one responsible officer who can supervise the relevant business at all times，To ensure that the licensed business has continuity、effective management arrangements。
In charge of staffing，At least one responsible officer must be based in Hong Kong，To directly supervise related business；At least one responsible person within the company must be a member of the board of directors。If the role arrangement does not create a conflict of interest，The same person may be appointed to supervise more than one type of regulated activity。
At least one of the responsible officers must be an executive director as defined in the Securities and Futures Ordinance。All executive directors must seek approval from the Securities and Futures Commission of Hong Kong。When an enterprise submits a license application，All applications for approval of proposed responsible officers should be submitted together，To reduce the cost of supplementary parts and time during the review process。
Registered capital、Paid-up capital and liquid capital requirements
Take common businesses such as Type 9 asset management license as an example，The registered capital requirement for Hong Kong companies is HKD 5 million.；at the same time，The enterprise must always maintain paid-in share capital and liquid capital of no less than HKD 3 million.。
When carrying out relevant business, licensed corporations and registered institutions，Sufficient share capital and liquid capital must be maintained。Liquid capital refers to assets that can be quickly converted into cash or are already in cash form。For example，When applying for a Type 9 license to provide asset management services，Licensed corporations and registered institutions must pay a minimum share capital of HKD 5 million.，And maintain 3 million Hong Kong dollars in liquid capital。
Companies must also open an account in a Hong Kong bank，To cooperate with subsequent capital certification、Operating income and expenses、Audit and ongoing compliance management。
Shareholder background and fit and proper review requirements
Hong Kong Securities and Futures Commission will review major shareholders、senior staff、any other person employed in connection with a regulated activity，and whether other persons associated with such activities are qualified as “fit and proper persons”。For details, please refer to Section 129 of the Securities and Futures Ordinance。
In terms of shareholder structure，Trust schemes are not restricted when applying for a license、Asset management plans and other SPVs as major shareholders。However，According to Section 129 of the Securities and Futures Ordinance，The Securities and Futures Commission of Hong Kong will examine the financial capabilities and solvency of major shareholders。If the SPV is the major shareholder，It may be difficult to pass relevant review，Therefore, it is necessary to design the architecture、Plan ahead with explanation of funding sources and proof of financial ability。
Insurance configuration、Expense and ongoing compliance management
When applying for relevant licenses, licensed corporations and registered institutions，The amount of insurance corresponding to the business should be purchased based on the type of business and risk profile，To meet regulatory and risk management requirements。
Hong Kong 1、4、9Acquisition or application fees for a financial license，Depending on the type of license、Company structure、Staffing、Historical compliance records、Audit status、business scope and transaction arrangements.。When companies evaluate costs，Don’t just focus on the cost of obtaining a license，It is also necessary to simultaneously evaluate the arrangements for subsequent responsible personnel.、office space、capital maintenance、internal control system、audit、Comprehensive costs including filing and ongoing compliance support。
Hong Kong Xintong can provide customers with the establishment of a Hong Kong company、SFC license application、License M&A Due Diligence，One-stop consulting services for ongoing compliance support。For institutions already operating in Hong Kong，We can also help optimize compliance control systems，Reduce compliance risks in ongoing operations，And ensure that the business is progressing steadily within the regulatory framework。
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。
