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Hong Kong MSO license application:Business address registration requirements and application procedures for non-Hong Kong citizens

Hong Kong MSO license application requirements
香港MSO牌照申请:经营地址登记要求与非香港籍人士申请程序配图1
Hong Kong MSO license application:Business address registration requirements and application procedures for non-Hong Kong citizens:Relevant supervision and handling points

Business address requirements

Apply for a Hong Kong Money Services Operator (MSO) License,Must register an address for operating currency exchange or remittance services。The registered address must meet the following definitions:As a place to operate money services;Being promoted as a place to meet customers (e.g. displaying signage);The licensee regularly controls the address as owner or tenant。

If a specific address is involved,Must ensure that customs officers have access to enforce the regulations。If the address is a residential address,The applicant must obtain the written consent of each occupier,Allow authorized personnel to enter for routine inspections。

香港MSO牌照申请条件
Hong Kong MSO license application requirements

No need to register a business address

Addresses that meet the following conditions do not need to be registered:

  • Located outside Hong Kong;
  • Not mainly used to operate money services,For example, only to store business records or staff training。

If there is no specific address,Correspondence address must be provided in the application form。There is no need to register a business address in the following situations::

  • Operating money services from a non-fixed address,For example, providing door-to-door service;
  • Meet the customer at their office;
  • Only use mobile devices to trade。

非香港籍人士申请程序

Non-Hong Kong citizens must apply for the license in the name of the company,The specific procedures are as follows:

  1. Submit company business registration certificate、Company registration certificate、Annual return form (new companies will provide a company establishment form)、Company structure、Shareholding percentage of each member and the company’s memorandum and articles of association,Apply with our assistance;
  2. The applicant (or any of its partners/directors/ultimate owners) is required to conduct aDetermination of fit and proper person
  3. Applicants are required to meet with Customs officers,Officially sign the license application form。

The above is the applicationHong Kong MSO LicenseMain conditions involved。If further assistance is needed,Welcome to contact Hong Kong Xintong。

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。

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connect:Hong Kong Information Communications Consultant

Picture of Chen Weilun

Chen Weilun

Chen Weilun, money service operator in Hong Kong (MSO) Compliance and regulatory practice areas include 12 years of experience。He served as head of the compliance department of the local payment and currency exchange licensing authority,Directly responsible for MSO license application、Anti-money laundering / Customer due diligence system (AML/KYC)、risk assessment design、Establish daily monitoring procedures and communicate with the Customs Department for review and other compliance tasks。

Areas of expertise:MSO license application、AML/KYC system、risk assessment、daily monitoring procedures、Customs Department review communication。

Previous institutions:Hong Kong MSO Payment Institution & Head of Compliance Department

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