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Hong Kong No. 149 License Acquisition:process、Fees and Upgrade Plans

Financial card care question

Hongkong149license plateAcquisition plan,The core lies in assessing the advantages of Hong Kong’s financial market、Clarify the license transaction process、Finishdue diligenceandChina Securities Regulatory Commission approval,And choose to directly acquire 1 based on actual business planning49number plateAccording to,Or acquire first49number plateLater upgraded to No. 149。

The core advantages of Hong Kong’s financial market

Hong Kong’s financial system is mature and complete,Long-term recognition in the international market。Compared with the mainland,Hong Kong’s financial system、legal environment、Obvious advantages in regulatory mechanisms and international capital flows,It is for enterprises to carry out cross-border financial business、An important platform for asset management and securities-related businesses。

Financial system advantages

Hong Kong’s financial system is perfect,High degree of marketization,Mature financial service system,Able to provide stability to investors and licensed institutions、Efficient and international business environment。

Legal and regulatory advantages

sound legal system,It is an important guarantee for the sustainable development of Hong Kong’s economy over the past decades.。In terms of financial supervision,Hong Kong has long implemented a strict and transparent regulatory mechanism,Enhanced global investors’ trust in Hong Kong’s financial markets。

Financial security and market income advantages

in various financial transactions,In addition to the participation of dealers and banks,There is also a third-party supervision mechanism,To ensure the safety of investors’ funds。Hong Kong financial market earnings performance,It is also one of the important reasons for attracting continued attention from global investors.。therefore,For enterprises with cross-border asset allocation and financial business layout needs,Hong Kong’s financial market has high strategic value。

Hong Kong No. 149 License Acquisitiontransaction process

  1. Sign a service agreement with an intermediary consultant。
  2. Meet with the seller,Confirm acquisition intention。
  3. Sign a letter of intent to acquire。
  4. Conduct due diligence,Including whether the company is legally established、Is the license valid?、Is there any violation record?、Tax and debt issues, etc.。
  5. Signed formallyEquity Transfer Agreement,and pay the first installment of the transfer fee,The amount is about 40% of the total price。
  6. Report to the Hong Kong Securities Regulatory Commission for qualification review of new major shareholders,The review cycle is approximately 2 to 3 months;After passing the review,Transfer 40% of shares to new shareholders。
  7. Subsequent share changes and payments,Can be executed according to the terms negotiated by both parties;Share transfers at this stage do not need to be approved by the China Securities Regulatory Commission.。
  8. When all changes are completed and handed over to the company,Pay the balance to the intermediary consulting company。More details can be consulted further。

in actual operation,You can also purchase No. 49 plate first,Then we will assist you in upgrading it to No. 149 plate。This route will take longer overall,But the price is usually more favorable,Suitable for higher cost control requirements、And accept customers with longer processing times。

49Number plate upgraded to1number plateprocessing procedures

  1. Sign a service agreement with an intermediary consultant。
  2. Prepare relevant arrangements for qualified licensees and trading systems。

The cost of upgrading to 1st license plate is as follows:Funding requirements

In the process of upgrading No. 49 plate to No. 1 plate,Relevant fees must be paid separately by Party A,And should meet the following arrangements:

  1. Deposit 10 million Hong Kong dollars into the account of No. 49 Company。
  2. The application time is more than half a year。
  3. After successfully applying for No. 1 plate,Pay the balance to the intermediary consulting company。

About Hong Kong Xintong

Hong Kong Xintong focuses onHong Kong Securities and Futures Commission licenseHong Kong Insurance Broker LicenseHong 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

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Lin Zixuan

Owned by Mr. Lin Zixuan 15 year securities、Asset management and investment banking experience,Served as senior compliance officer in several licensed financial institutions。He is well versed in the Hong Kong Securities and Futures Commission (SFC) regulatory requirements,Successfully dominated the SFC 1st 1、4、9 Application and annual maintenance of licenses (including RO licenses for legal persons and individuals)。He is particularly skilled in developing and enforcing financial resource rules (FRR)、internal control system,as well as ensuring that the company is fully compliant with the SFC’s requirements in terms of customer vetting (KYC) and anti-money laundering (AML/CFT),To meet strict regulatory compliance standards。

Areas of expertise:SFC license (Type 1, 4, 9) Application and maintenance、RO/MIC Approval、internal control system、Client Asset Rules (FRR)、KYC/Anti-Money Laundering Policy

Previous institutions:international investment bank、Licensed securities trading company、asset management company

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