Hong Kong MSO License

Hong Kong MSO License - Pilot Business Consulting focuses on providing professional Hong Kong MSO (Money Service Operator) license application services for companies and individuals。Hong Kong MSO license is issued by Hong Kong Customs，Allow licensed institutions to engage in currency exchange、Remittance and other financial services。Before applying，Businesses usually need to first completeHong Kong company registrationand prepare business and compliance information；After obtaining the license，Still need to combineHong Kong bank account opening guidePlanning account arrangements，and passContinuous Compliance SolutionsMaintain daily regulatory requirements。Pilot Business Consulting applies for money service operator license (Money Service Operator, MSO) Provide comprehensive consulting services，Including reviewing the applicant’s background information、Full assistance with application、Compliance consultation after applying for a license, etc.。

Regulations

"In accordance with the Hong Kong Money Services Ordinance，Anyone engaged in currency exchange、Institutions providing remittance or payment services must hold an MSO license。Operating without a license is a criminal offense，He may face a maximum fine of HK$5 million and 7 years' imprisonment.。”

Which companies need to apply for a Hong Kong MSO license?

Hong Kong agent for WeChat/Alipay

Provide convenient payment methods for merchants in various industries
Earn settlement commission
There is huge room for development of WeChat/Alipay in Hong Kong

Cross-border payment、Cross-border fund management platform

Solve the problem of collection and settlement of foreign exchange
Provide cross-border e-commerce customers with European、US dollars collected by overseas sales platforms such as the United States、EUR、Service for transferring foreign currency funds such as pounds sterling back to designated accounts in Hong Kong or China

Wild Card Acquirer

Earn income from the exchange difference between currencies
Provide cross-border e-commerce customers with European、US dollars collected by overseas sales platforms such as the United States、EUR、Service for transferring foreign currency funds such as pounds sterling back to designated accounts in Hong Kong or China

Collection and payment company

The game payment platform can conveniently handle foreign exchange settlement and collection and payment processing.。
Provide advertising resources for overseas mainstream media for cross-border e-commerce or domestic customers，And assist customers in paying foreign exchange advertising fees.，Earn agency spread、Income from exchange differences and handling fees。

Open a physical money change shop/exchange bank in Hong Kong

Can provide exchange and remittance services in different currencies

Hong Kong MSO license application requirements

Applicants can be individuals or companies，The company must be a local company registered in Hong Kong or an overseas company registered at the Companies Registry

shareholder、director、The final owner is required to provide a police certificate and bank statements.，and fill in the "Application Form for Suitable Candidates"

Requires 1 licensee，and must be Hong Kong permanent residents

5010,000 Hong Kong dollars，Need to pay

Need to provide the actual commercial building office address in Hong Kong (including telephone number、Email) or residential address

You need to go to the Hong Kong Customs Headquarters for an interview.

Hong Kong MSO license application process

1.Fill out the application form

Fill out the Hong Kong MSO license application form

2.Check application materials

After accepting the relevant materials, the customs，Check application materials

3.Payment notice

The applicant will receive a payment notice from the customs，Pay fees according to the procedure

4.Get a license

After customs officers checked the payment records,，Applicants need to go to the Customs and Excise Department in person to sign a formal application form requesting the grant of a money service operator license.