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Fees for applying for a Hong Kong money lender license、time

Financial card care question

The development of the financial industry in Hong Kong、Very fast change,Every industry has financial needs,Stimulated the development of the industry,in Hong Kong,Individuals and units engaged in providing services to others,You need to apply for a Hong Kong money lender license from the registration office and the police.,Only then are relevant activities allowed,otherwise,Operating without a license is illegal。

The businesses that a Hong Kong money lender license can provide include commercial credit、Factory leasing、Credit card financing、Small and medium enterprises、Secured and syndicated loans, etc.。In order to prevent the industry from degenerating into a country where there is no shortage of elements、Illegal fundraising greenhouse,You must apply for a Hong Kong money lender license in accordance with the regulations,Licenses issued subject to conditions imposed by the Licensing Tribunal。

From October 11, 2018,Two additional license conditions imposed on licensed money lenders have come into effect,But it involves more terms,For details, please consult for in-depth understanding.。Taking into account the different applicants、Differences in the degree of compliance of applicants with conditions,The corresponding difficulty of the Hong Kong money lenders license application process and the required

cost

、There is a difference in time。

Hong Kong money lender license application requires going through the Registry、police department、Licensing court and other aspects。first,The application for a license and the issuance of an announcement on the application are handled by the Registrar,Secondly,After the Commissioner of Police receives the application,can arrange for the application to be investigated and submitted,The cycle is 60 days,After the investigation is completed,Notice by the Commissioner of Police to the Registrar,Licensing Court rules on Hong Kong money lenders license application。

Taking the above into consideration,Money lenders license throughout Hong Kong

Application process

is quite cumbersome,It usually takes 3 to 4 months to process submitted applications.,The more qualified the applicant is, the more,The smoother the application,The application time will also be shorter。 Mature window service experience in various Hong Kong license processing fields,Familiar with various Hong Kong company registration procedures,Always at the processing speed、price、Professionally outstanding in the industry。

In order to cater to investors’ immediate needs for business development,Ready-made Hong Kong money lender license transfer is now available,If you are applying for a Hong Kong money lender license

cost

、If you have any questions about the time, please feel free to contact us further.。


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Picture of Zheng Yanlin

Zheng Yanlin

Zheng Yanlin has experience in the field of commercial lending regulatory compliance in Hong Kong. 9 years of experience,Served as head of the regulatory and risk management department of a money lending business entity,Responsible for money lender license application、Compliance policy development、Risk assessment and regulatory document preparation,Communicate supervision system requirements with regulators and coordinate internal control processes。

Areas of expertise:Money Lender License Application、Compliance policy development、risk assessment、Requirements for supervisory party (Police Force) communication and supervision system。

Previous institutions:Hong Kong Business Lending & Money Lending Compliance Team Leader

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