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Hong Kong Money Services License Application,Guidelines for Currency Exchange License Application Revealed

Financial card care question

Hong Kong Money Services License Application,This article discloses the application guidelines for currency exchange licenses and was written by "[Shenzhen Hong Kong Xintong Manager Peng Yi]" based on actual application experience.,Feel free to do so without consent,Strictly investigate。According to the instructions given by the Hong Kong Customs Department,There are two types of money services,One is a remittance service,One is a currency exchange service。These two business scopes are the main functions of Hong Kong’s money services license。

The Hong Kong money services license is a foreign exchange license issued by the General Department of Customs and Excise Department of Hong Kong.,currency related finance

License plate type

。Compared with Hong Kong license plates No. 1-10,The difficulty of applying for a currency exchange license in Hong Kong is relatively low,But we still need to meet the requirements of personnel and space.

Require

。Today we will focus on the specific conditions and procedures for applying for a money services license in Hong Kong.。1.Can an individual apply for this license? OK。Shareholders can be individuals,It can also be a company。

But the company needs to be registered in Hong Kong,Or an overseas company that has been registered with the Hong Kong Registry。The Hong Kong money services license can be in the name of the company,It can also be placed under an individual’s name,This can be determined by the nature of the applicant。2.Hong Kong Money Services License

Application process

What is the registered capital of,whether

Require

Paid?

Registered capital of many Hong Kong financial licenses

Require

Still relatively high,But the currency exchange license

Require

relatively low,Registered capital only

Require

Just meet 500,000 Hong Kong dollars,But actual payment is required。3.Is a physical business address required? Yes。Because money services license in Hong Kong

Application process

middle,Applicants are required to provide the office address of the commercial building,Phone number, email address, etc.。

One point that needs to be emphasized here is that,The business address required to apply for a currency exchange license in Hong Kong is not necessarily the address of a commercial building.,It can also be a residential area,However, written consent from the owner of the residence is required.。If the venue is rented,A copy of the signed lease or title record is also required.。

Application process

Applicants need to go to the Hong Kong Customs Department for an interview。4.What are the specific qualifications for personnel?

Require

Hong Kong Money Service Operator License

Application conditions

middle

Require

shareholder、Directors can provide proof that they have not committed any crime and can provide bank statements as supporting evidence.。When filling out the application form,Requires the presence of qualified witnesses,Including authorized personnel of Customs and Excise Department、Practicing professionals (including solicitors、Accountant、auditor)、Notary or Justice of the Peace, etc.。

in addition,What needs to be understood here is that,Hong Kong money services license holders need to be permanent residents of Hong Kong。

[Manager Peng Yi of Shenzhen Hong Kong Xintong] Co., Ltd. specializes in handling various financial licenses,Including Hong Kong insurance broker license、Private equity fund license、insurance broker license、insurance agent license、Insurance adjuster license、Commercial factoring license、 Financial leasing license、pawn shop license、Financing guarantee license、Small loan license、Pay license、Crowdfunding company license、Credit reporting license、Internet financial brand。

It is difficult to apply for a financial license,condition

Require

complex,long time span,The amount involved is not a small amount either.,You can only find safe and reliable partners to assist you.,Therefore, we all choose domestic reliable license qualification service providers.:Shenzhen [Manager Peng Yi, Shenzhen Hong Kong Xintong]。

Shenzhen [Shenzhen Hong Kong Xintong Peng Yi Manager] Co., Ltd. was established in 2007,It’s been 12 years now,The headquarters is located in the bustling central area of ​​Luohu,Shanghai、Guangzhou、There are service points in Hong Kong and other places,Designed to provide one-stop access services to global customers。 Choose a big brand agency。Reputation and professional double guarantee。


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

Editing of articles in this issue:

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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