Hong Kong as a world-renowned financial center，Many companies choose to conduct cross-border trade through Hong Kong，There are also many benefactors who choose to become Alipay，agents，Special area certain foreign exchange spread。But whether you are applying for a Hong Kong money services license or directly acquiring a Hong Kong MSO license，All of them can meet the business development needs of licensees.。This article mainly talks about，Hong Kong MSO license transfer
cost
，And the purchase price of money services license。
one,How long does it usually take to apply??No specific market for approval,Processing times vary for various reasons,Including collecting required documents from applicants,Conduct on-site inspections at business premises,and the time required to record the determination of appropriateness to other agencies. 2.,Process of applying for Hong Kong MSO license:1,Submit an application in writing or electronically to the Money Services Supervision Division of the Hong Kong Customs and Excise Department,The application form can be obtained from the designated website;2,Customs will conduct inspection after receiving the application materials.,when necessary
Require
Applicant makes clarification;3,The applicant will receive a payment notice from the customs,Customs officers will check payment records;4,Applicants must sign a formal
Require
Application Form 3 for Grant of Money Service Operator License,Under what circumstances will the Commissioner refuse to grant a money services license to an applicant??
- The applicant or one or more applicants in the applicant's business failed to pass the fit and proper determination;
- The proposed premises are not suitable for carrying on the business;
- The applicant failed to obtain the written consent of each occupier of the residential premises used for operating money services,May allow or authorize a person to enter the premises to conduct routine inspections.
- After receiving the license application form,Customs will issue a notice confirming receipt of the application form to the applicant.,and will check the submitted documents,and when necessary
Require
Applicant provides clarification.After,Applicants will be notified of the interview and will apply for the grant of license and a fit and proper determination.
cost
Payment slip. Applicants must bring this notice,The original payment record and required documents will be met with our department staff as scheduled. Our department staff will check the original documents and payment record during the interview. Applicants must sign a formal form in front of customs officers.
Require
Application for grant of money services operator license. Processing time will vary depending on various factors,Including collecting required documents from applicants,Conduct on-site inspections at business premises,and the time required to obtain suitability determination records from other organizations. If the applicant is an individual,the individual and each ultimate owner,or in the case of a partnership,Each partner and each ultimate owner of the partnership,or in the case of a corporation,Each director of the corporation,and each ultimate owner of a corporation related to operating a money services business is required to apply for a fit and proper determination. After receiving the fit and proper declaration form,The Commissioner will conduct multiple inspections,To confirm the accuracy of the information provided. Verification includes sharing the information with the Department,Verification of information held by other government departments and law enforcement agencies. 4.,How does Hong Kong MSO determine whether someone is a suitable candidate??
- Whether the applicant has a criminal record;
- whether the person has been convicted of a crime outside Hong Kong;
- whether the person repeatedly fails to comply with any requirements imposed under this Ordinance
Require
;
- (if the person is an individual)whether the person is a bankrupt or a discharged bankrupt;
- (if the person is a corporation)Is the person in the process of liquidation?,or whether the subject of any winding up order,Or whether a receiver has been appointed for the person. The transfer time of the MSO license is relatively fast.，It usually takes about a month to complete，But what needs to be noted is that，In the process of making an acquisition，In addition to Hong Kong MSO license transfer
cost
，The purchase price of a money service license requires more attention than，It is also necessary to conduct a detailed background investigation on the acquisition target.，It is necessary to ensure that there are no records of debt problems and irregular operations. Related products：Hong Kong MSO license transfer
cost
, Money Services License Purchase Price
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。
