Hong Kong is one of the special administrative regions of my country，Have a high degree of economic freedom and policy flexibility，It is also an important window connecting mainland enterprises with the international financial market.。If an enterprise plans to carry out securities and related financial businesses in Hong Kong，Must obtain corresponding licenses in accordance with Hong Kong regulatory system。A corporation licensed by the Securities and Futures Commission of Hong Kong：Analysis of application conditions and RO requirementsThere are 9 types of licenses regulated，其中香港1号牌照是证券公司及相关金融机构常见的核心牌照之一。
Business scope of Hong Kong No. 1 license
Hong Kong License No. 1 is also commonly known asHong Kong Securities Trading License，Mainly applicable to institutions planning to engage in securities trading-related businesses in Hong Kong。The company holding the license，The following businesses can be carried out within the scope of compliance：
- Providing trading of stocks and stock options to specific groups of people、Brokerage services；
- Buy and sell bonds；
- Buy or sell mutual funds and unit trust funds (investment funds)，and engaging in the business of placing and underwriting securities (i.e. the securities issuer signs an agreement with the underwriting agency，An arrangement in which the underwriting institution bears the sales risk)。
Difficulty in applying for Hong Kong No. 1 license and market licensing situation
It is not easy to apply for Hong Kong No. 1 license。As market application demand continues to increase，Hong Kong license plates No. 1 to 9：Core functions and application considerationsThe approval standards for financial brokerage licenses are also becoming increasingly strict.。There are obvious differences between individuals and organizations applying for Hong Kong No. 1 license，Regulatory Review Focus、业务架构要求及资本要求均需结合申请主体实际情况进行评估。
Judging from the number of licenses，The number of individuals holding Hong Kong No. 1 licenses has reached more than 30,000，Accounting for 44.17% of Type 9 licenses。And by 2016，There are less than 1,000 institutions holding Hong Kong securities trading licenses，Accounting for 25.23% of Type 9 licenses。This data reflects，Hong Kong license No. 1 has a high frequency of use in the market，However, there are still certain thresholds for compliance access at the institutional level.。
Capital requirements for Hong Kong Type 1 license
When applying for Hong Kong License No. 1，Capital requirements need to be determined based on the business nature and actual operating model of the applicant institution.。If the applicant institution is an approved agent or dealer，Its working capital requirement is not less than HK$500,000。
If the applicant intends to provide securities margin financing services，The requirements for paid-in capital and working capital are higher，10 million Hong Kong dollars and more than 3 million Hong Kong dollars respectively.。Before the company prepares to apply，Capital allocation should be checked in advance、业务计划及财务安排是否符合Hong Kong Securities and Futures Commission的审查标准。
Core application requirements for Hong Kong License No. 1
The Hong Kong market implements a strict financial license management system。Normally，Hong Kong License No. 1 application requires the company to have more than 2 company executives，One of the executives will be appointed as executive director。Qualifications of relevant personnel、experience、Division of responsibilities and matching with business model，will affect the overall progress of the application。
Due to the differences between Hong Kong’s financial regulatory system and that of the Mainland,，Many applicants understand the policy、Relatively unfamiliar with material preparation and process arrangement。Before the company starts the application，Systematically review application requirements、capital requirements、Staffing and business scope，Ensure that the application plan has clear compliance logic and enforceability。
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。
