《Money Lenders Ordinance》(Money Lenders Ordinance) is the core legislation in Hong Kong that regulates and manages money lenders and money lending transactions.。Except for exemptions specified by law，Any person who has not obtainedmoneylenders license，No one is allowed to operate money lending business in Hong Kong。
as a general principle，If the lender does not enjoy the exemption under the Money Lenders Ordinance，provided loans to borrowers without holding the required licenses，The lender will not be entitled to recover any principal or interest on the loan，nor shall it have any right to enforce in any court any agreement or security accepted in connection with the loan.。for specific details，It is recommended to call for further information。
Hong Kong money lending licenseregulatory requirements
Hong Kong adopts a licensing regulatory system for money lending business，The core purpose is to standardizefinance companyand related money lending transactions，Protect borrowers’ rights and interests，and prevent unscrupulous intermediaries or illegal money lending from affecting market order.。If an enterprise plans to develop personal loans in Hong Kong、Financial lending or related business，Check whether you need to apply for a money lender license before starting your business，and assess whether they comply with the license、site、Personnel and Compliance Management Requirements。
Hong Kong Money Lending License Current Status and Business Information
- License quotation：*00Ten thousand，Price for a single license without business。
- business situation：Business is normal at present，Mainly engaged in private loans；Please call for detailed information。
- office space：Area is 2200 sq. ft.，Can accommodate 20 people for office work，The monthly rent including management fee is 53,000；The conference room occupies 200 square feet。
- Company establishment time：200*Year。
Money lender license fees and intermediary review requirements
To combat bad financial intermediaries，The Hong Kong SAR government will implement stricter money lender license conditions starting from Thursday (December 1)。thereafter，Money lenders, that is, financial companies and other institutions must review intermediary companies；During loan approval，Money lenders must also check with borrowers whether they have signed an agreement with an intermediary。
If an intermediary has charged a fee to the borrower，or failure to provide an intermediary agreement，No moneylender is allowed to grant the loan。at the same time，The moneylender must alsoCompanies RegistryDeclaration of appointed intermediary company，available for public inspection。
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。
