This article was originally created by "Hong Kong Xintong International" based on actual handling experience，Feel free to reprint without permission，Strictly investigate。The full name of Hong Kong MSO is Money Service Operator，Money here mainly refers to payments or other payments involved in cross-border use of currency.。The main functions of MSO are twofold，One is to provide remittance and collection services。One is to provide currency exchange services。
Because China’s foreign trade volume is now very large，Many of them are small and medium-sized foreign trade companies，Since there is no separate account in Hong Kong，Therefore, SK can only be carried out through a Hong Kong company with an MSO.。Today we will focus on the specific matters regarding application and transfer of MSO in Hong Kong.，It is convenient for more companies and individuals who want to do foreign trade payment DS and currency exchange business to understand clearly.。
Application for Money Service Operator PZ License，The following conditions must be met：
- company shareholders：Applicants can be individuals or companies，The company must be a local company registered in Hong Kong or an overseas company registered at the Companies Registry。
- suitable person：shareholder、director、The final owner is required to provide proof of no criminal record and statement of account。
- Licensee.1 person
- Registered capital：50010,000 Hong Kong dollars
- Business address or residence：Have an actual commercial building office address in Hong Kong、Telephone、Mail；
- interview：Need to go to the customs headquarters for an interview 1，How long does it take to apply for MSO in Hong Kong? Want to know how long it takes to apply for an MSO?，We need to understand clearly
Application process
What preparations and reviews are needed。
Hong Kong MSO application needs to go through site inspection，Check the authenticity of application materials，Obtain the decision record of the applicant’s candidate from the relevant agency，The above process takes a certain amount of time。So handle it，if all goes well，It takes about four months。2，About the right people，There are some things you have to pay attention to。so called suitable persons，Refers to the ultimate controller behind the application for this MSO。
If it is owned by an individual，Then this individual is a suitable candidate。If it belongs to a corporation or company，Then every director member of this company，And the actual controller behind the company，That is to say, shareholder members must be suitable candidates as needed.。What needs to be noted here is that，Once there are multiple suitable persons whose application materials are not suitable，The Hong Kong Customs Department will terminate the issuance of。
Moreover, the selected venue is not suitable for money service operations.，It will also make Hong Kong MSO
Application process
blocked。3，After the Hong Kong MSO application is completed，How long does it take to renew? MSO generally lasts for two years，That is, 24 months of use。But now Hong Kong Customs is staggering the license renewal time，A 30-month MSO will also be issued。
The license needs to be renewed within 45 days before it expires two years ago，Otherwise, you will risk having your license revoked.。This article was originally created by "Hong Kong Xintong International" based on actual handling experience，Feel free to reprint without permission，Strictly investigate。Hong 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。
