Detailed introduction: Money services license is a compliance license issued by the General Department of Customs and Excise of Hong Kong.。Apply for MSO license，Whether it is currency exchange services or remittance services，Investors can have more convenient financial services。So how to apply for a money services license?，What are the conditions required for MSO license transfer? Normally，The license granted is valid for two years。If the licensee wishes to continue operating money services，Application for license renewal must be submitted before expiration of validity period。
anyway，A license ceases to be valid if— (a)If the licensee is an individual，and the individual dies；(b)If the licensee is a partnership，and the partnership is dissolved；or(c)If the licensee is a corporation，and the corporation began to be wound up。Who is eligible to obtain a license?
(a)The applicant is an individual，the individual and each ultimate owner are fit and proper persons to operate the money service；(b)The applicant is a partnership，Each partner and each ultimate owner of the partnership is a fit and proper person to carry on money services；(c)The applicant is a corporation，Each director and each ultimate owner of the corporation is a fit and proper person in connection with the conduct of a money services business。What happens if there is no specific business premises?
The following examples are not considered to be operating money services on specific premises：(i)Operating money services without fixed premises，For example, providing door-to-door service；(ii)Meet the customer at their office；(iii)Only use mobile electronic devices for trading。If money services are not operated on specific premises，You must provide your local management office in your application form、Correspondence address and local storage account and record location。How to apply for a license?
Applicants must fill in the application form and relevant attachments，and submit(i)business plan；(ii)Anti-Money Laundering and Counter-Terrorist Financing Policy. Complete all sections of the application and attachments that apply to the applicant。Submit the completed application form and attachments together with copies of the required documents、Business Plan and Anti-Money Laundering Policy，Mail or submit it to the Money Services Supervision Division of the Customs and Excise Department for processing.。How will the application be processed?
After Customs receives the license application form,，A notification confirming receipt of the application will be sent to the applicant.，And when necessary, send a letter to the applicant to urge the applicant to submit outstanding documents.。If the applicant fails to provide the required information or submit the required documents in the application and attachments within the specified period，Includes business plans and anti-money laundering policies，The application will be deemed invalid，Will not be processed by customs。
If all required documents are confirmed to be in compliance
Require
，The applicant will receive a meeting notice and apply for the grant of license and fitness and fitness determination.
cost
bill of payment。Applicants should bring this notice with them、The payment records and original copies of the required documents will be met with our department staff at the allocated time.。Our staff will check the original documents and payment records during the interview。The applicant must sign on the money services operator license application form in front of Customs officers。
Since the establishment of Hong Kong Information Communications，We have helped dozens of companies, large and small, successfully obtain Hong Kong financial licenses。The above is only the information provided for applying for a Hong Kong money services license。How to apply for a money services license，Do you have any questions about what conditions are required for MSO license transfer?，Or there are other needs，You can contact me directly，Learn more。
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。
