MSO License In Hong Kong

Money Service Operators License (hereinafter referred to as the MSO license) is a license, which allows a company to provide: money Exchange Services; remittance services. Period of license validity: 2 years.

Requirements

  1. Applicant can be a limited liability company in Hong Kong, unlimited company in Hong Kong, foreign company (but address in Hong Kong is required).
  2. Requirement for the participants of the company – there should be at least one shareholder (no residency requirements), at least one director (no residency requirements), a compliance officer and AML officer. For the last 2 positions one person can be hired.
  3. Obligatory legal address in Hong Kong (lease agreement required)
  4. No requirements for the authorized capital.
  5. AML/CFT policy and company business plan.
  • TIME:

    2-5 months

  • FEE:

    Assistance in obtaining a license: from 15 000 EUR.