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Hong Kong Money Services License Transfer:Application requirements、Process and transfer fees

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As Hong Kong continues to strengthen its efforts to combat money laundering and fund-raising activities,Individuals and entities that engage in currency exchange or remittance services without holding a Hong Kong money services operator license,You may face customs fines or even imprisonment.。therefore,Obtaining a license is essential to enter the money services market,And passLicense transferway to meet the needs of immediate business development。Hong Kong Money Services LicenseHow much does it cost to transfer? This is what most investors are looking foracquisitionThe primary concern when targeting。In view of the differences in applicants’ conditions,TowardsHong Kong Customs and Excise DepartmentApplication difficulty varies,The following will focus on applications from mainlandersHong Kong Money Services LicenseExplain the requirements。

Hong Kong Money Services License Application Requirements

Application for Hong Kong money services license must be made in the name of a Hong Kong company or an overseas company registered in Hong Kong.。also,suitable personLicensed Personnel50Registered capital of 10,000 Hong Kong dollars、On-site office space in Hong Kong are all conditions that must be met。If the license is obtained through acquisition,On the one hand, it can circumvent the regular application process,On the other hand, it can also significantly shorten the time to obtain a license.。

It is recommended to find an agency with actual handling experience to understand the details of the license transfer subject。The advantages of large agencies are mainly reflected in:

  • Risk resistance:Once risks arise during the application process,Large institutions have adequate risk resilience,Ensure smooth progress of application。
  • cost advantage:With many years of handling experience and accumulated various cases,Able to obtain a Hong Kong money services license at a lower cost,The acquisition price is more competitive than the market。

In addition to providingHong Kong Money Services License Transfer、In addition to acquisition and agency services,Hong Kong Xintong also provides licensed personnel、suitable person、Hong Kong office space leasing、Hong Kong company registration agent and other supporting services。From application submission to qualification approval,Always adhere to the one-stop service concept。If you have any questions about license transfer or purchase price,Welcome to call for consultation。


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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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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Hong Kong and Chinese team · Senior financial compliance experts