With the policy of "one country, two systems"，Hong Kong’s financial industry continues to maintain a high degree of vitality under the capitalist system。in recent years，Mainland investors are using Hong Kong’s platform to connect with the international market，The currency exchange and remittance industries are growing particularly rapidly。Hong Kong Customs starts from combating illegal financial activities，Actively guide relevant individuals and units to apply for Hong Kong MSO licenses。
Applicants
The Hong Kong market implements a financial license management system，Differences from mainland policies。Applicants for Hong Kong MSO licenses can be individuals，It can also be a unit。If applying in the name of an organization，You need to register a Hong Kong company first，Or an overseas company registered in Hong Kong，Submit the application in the name of the company。at the same time，Applicants must meet the conditions stated below。
Application conditions
Apply for Hong Kong MSO license，The core requirements for units and individuals are as follows:：
- suitable person：shareholder、Directors and ultimate owners must provide criminal certificates and bank statements，and fill in the suitable candidate application form。The form must be signed in front of witnesses to be valid。
- Licensee：At least 1 person，and must be Hong Kong permanent residents。
- Registered capital：5010,000 Hong Kong dollars，Actual payment required。
- Business address or residence：Must have an actual commercial building office address in Hong Kong，Equipped with telephone and email；Residential address may also be used，However, the written consent of each occupier of the residence must be obtained。
- interview：Applicants need to go to the customs headquarters for an interview。
Determination of fit and proper person
Hong Kong Customs is in the process of auditing，Suitable candidates will be determined one by one for each relevant person.。All important persons associated with money service operators must accept this determination：If the applicant is an individual，then that individual and each ultimate owner；If it is a partnership，then each partner and each ultimate owner of the partnership；If it is a corporation，then each director of the corporation，and each ultimate owner of a corporation connected with the carrying on of a money services business，All candidates must apply for a fit and proper determination。
cost
Hong Kong Customs conducts a fit and proper determination every time，Appropriate fees will be charged。If you blindly submit an application without clear policies，Easily cause cost waste。therefore，It is recommended to entrust a professional agency，To ensure the efficiency of application to the greatest extent，and reasonably control overall expenses。
Hong Kong Xintong not only provides the transfer of Hong Kong money service licenses、Acquisition and agency services，Licensed staffing also available、Determination of fit and proper person、Hong Kong office address、Hong Kong company registration agent and other one-stop services，Full follow-up from application submission to qualification issuance。If you have any questions about the Hong Kong MSO license application process or applicants，Welcome to contact our consulting team。
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。
