Hong Kong license number 9It is an important qualification for carrying out asset management services.。Hong Kong serves as an important bridge for mainland funds to invest overseas.，Continue to attract mainland companies to expand their financial business，Hong Kong financial licensemarket attention is also increasing。According to authoritative statistics，As of the end of 2016，There are a total of 1,300 institutions holding Hong Kong license No. 9，There are 6,366 licensed individuals in total。
How to obtain Hong Kong No. 9 license
There are usually two ways for an enterprise to obtain Hong Kong license No. 9：
- After newly registering a Hong Kong company，Apply to the Securities and Futures Commission of Hong Kong for a Type 9 license；
- Directly acquire a company that already holds Hong Kong license No. 9。
From a practical perspective，The application for Hong Kong No. 9 license has certain thresholds。Because of its strict regulatory requirements、Clear approval standards，The license itself has higher compliance value and market value.。
Hong Kong No. 9 license application process
After meeting the basic application conditions，Applicants can submit applications in accordance with the requirements of the Hong Kong Securities and Futures Commission。In the process of approval，The Hong Kong Securities and Futures Commission will focus on reviewing the business foundation of the applicant organization、Management structure、compliance capabilities andResponsible personQualifications and other content。
Generally speaking，Enterprises need to complete the main body establishment and business structure preparation first，Then focus on internal monitoring、Staffing、Funding requirementsSystematically organize and document supporting documents，Then submit an application to the Securities and Futures Commission of Hong Kong。During the actual application process, the situation of the applicant may vary.、Business scope、differences due to personnel resumes and supervisory feedback，The final approval requirements shall prevail。
Core requirements for Hong Kong No. 9 license application
Company entity and business structure requirements
Applicants must first establish a company in Hong Kong，Or register as a non-Hong Kong company at the Hong Kong Companies Registry。at the same time，Company business structure、Internal control systems, etc. must comply with the regulatory requirements of the Hong Kong Securities and Futures Commission。
Responsible for staffing requirements
The applicant company needs to have more than two responsible personnel。Responsible personnel need to pass a competency test，and be able to demonstrate that they have the necessary professional capabilities to carry out their management responsibilities for regulated activities、Experience and Compliance Awareness。
Educational and professional background requirements
In terms of industry qualifications and academic qualifications，Supervision usually favors applicants with business administration skills、Accounting、Broker、Finance or law or other related degree background。Relevant professional background helps demonstrate that the person can understand financial business operations、Customer asset management responsibilities and compliance regulatory requirements。
Industry experience and management experience requirements
Applicants must have 3 years of relevant industry experience in the past 6 years，And have more than two years of management skills and experience，Pass the supervisory certification exam at the same time。This requirement is mainly used to assess whether the responsible person has the ability to actually manage the regulated business.。
Funding requirements
Funding，The paid-in capital needs to be more than HKD 5 million。Liquidity will vary depending on the type of business，Usually ranging from 100,000 to 3 million Hong Kong dollars。
Key review matters of the Hong Kong Securities and Futures Commission
When the Hong Kong Securities and Futures Commission approves the application for No. 9 license，Comprehensive consideration will be given to whether the applicant organization and relevant personnel are suitable for licensing。Key review directions include：
- The financial status and solvency of the applicant organization；
- Educational qualifications of relevant personnel、Professional qualifications and industry experience；
- The credibility of the applicant organization and personnel、Character and reliability；
- The financial soundness of the applicant；
- business structure、Whether internal control and compliance management arrangements meet regulatory requirements。
Advice on applying for Hong Kong No. 9 license
Hong Kong No. 9 license application is not completed by simply submitting information.，Enterprises need to be established from the main body、Personnel resume、Funding arrangements、Compliance system、Prepare business plans and regulatory communications from multiple dimensions。If there is insufficient early planning，Easy to find in responsible personnel qualifications、Delays in supplementary documents and approvals regarding internal control mechanisms or financial certificates。
Currently there are also ready-made 1 products on the market、4、9Licenses are transferable。For companies that want to enter the Hong Kong asset management market faster，Can be combined with your own business goals、Time cost and transaction risk，Comprehensive evaluation of new applications and acquisition of licensed companies。
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。
