Hong Kong Insurance Broker License：Application conditions and acquisition plan

Hong Kong insurance broker license application requirements

handleHong Kong Insurance Broker License，The applicant and core configuration must comply with Hong Kong regulatory requirements。I recommend that companies start applying，Complete the company structure first、Office address、bank account、Capital and key personnel arrangements，To reduce the risk of supplementary parts and delays during the review process。

1. The applicant must be a company incorporated in Hong Kong，or already inHong Kong company registrationOverseas companies registered in，And have actual office address and company account。
2. Insurance brokerage companies must have sufficient share capital，and maintain a minimum net asset value and minimum paid-up share capital of not less than HK$100,000 at any time。
3. Companies must have a compliant CEO，i.e. 1 Chief Executive Officer，And the person must be a full-time director or full-time employee of the company’s business in Hong Kong。

How to obtain an insurance broker license in Hong Kong

Enterprise obtains Hong Kong insurance brokerage license，Usually you can choose to apply for a new one or acquire itready insurance brokerage companyTwo paths。Two ways in the cycle、cost、Personnel arrangement、Insurance companies have differences in contract resources and subsequent operational connections.，Enterprises should base their business plans on、Choose your launch time and budget。

Method 1：All-inclusive new application

The new application is suitable for those who want to build a compliance entity from scratch.、An enterprise that independently plans its business system and internal management system。This method has a relatively long cycle，But the company’s history is clear，Suitable for organizations that value long-term compliance operations and brand independence。

• Processing cycle：about 6 months。
• Personnel arrangement：CE (Chief Executive Officer) can be provided by us。
• Office address：We can help you find an office。
• Funding requirements：Capital verification and payment of HKD 1 million are required，It is the customer's responsibility。

Method 2：Acquisition of existing insurance brokerage companies

Acquisition of existing Hong Kong insurance brokerage company，Suitable for those who want to shorten the admission period、Enterprises that quickly take over business resources。It is necessary to clarify the type of target company before acquisition：One is to only hold an insurance brokerage license、没有任何保险合约的“清水牌”；The other is a company that has signed a contract with an insurance company，Among them, targets with contracts from the three major insurance companies usually have relatively higher prices.。

• You can choose companies with contracts from the three major insurance companies，Including Prudential、AXA、Allies。
• You can also choose to bring a small insurance company contract，or a company without an insurance company contract。
• Processing cycle：About 1 to 2 months。
• Address and personnel：You can directly continue to use the ready-made configuration。
• Funding arrangements：100No need to reinvest 10,000 Hong Kong dollars。

Suggestions on selecting new establishments and acquisition plans

If the company pays attention to the clear history of the main body、Independent establishment of compliance system and long-term brand management，New applications are usually more suitable；If the company pays more attention to time efficiency、Ready-made license resources and insurance company contract acceptance，Priority can be given to evaluating acquisition plans。Whether you choose to start a new business or acquire it，I will focus on reviewing the company’s qualifications、Staffing、capital requirements、Contract status and subsequent operational feasibility，Ensure that enterprises have stable conditions when entering the Hong Kong insurance brokerage market、Basics of Compliance。

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。