(1) |
be a company incorporated in Hong Kong or an overseas company registered at the Hong Kong Companies Registry |
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(2) |
be competent to satisfy the SFC that the corporation has a proper business structure, a good internal risk control system and qualified personnel to ensure that it can properly carry out regulated activities and manage possible risks |
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(3) |
(i) have at least two Responsible Officers to directly supervise the regulated activities, (ii) have at least one Responsible Officer who can supervise the regulated activities at all times, and (iii) have at least one Responsible Officer to be appointed as executive director. |
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(4) |
provide information of the company’s Managers-In-Charge of Core Functions (MICs) |
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(5) |
ensure that your substantial shareholders, officers and any other person who is or is to be employed by, or associated with, you for the purposes of the regulated activity for which the application is made shall be fit and proper |
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(6) |
maintain at all times paid-up share capital and liquid capital not less than the specified amounts in the following table:
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(1) |
A licensed corporation is required to notify the SFC of its financial year end within one month upon the grant of the license. |
(2) |
Changes to the licenses of licensed corporations is subject to prior approval of SFC. |
(3) |
When a director ceases to act for the principal, the relevant principal should, within 7 business days after such cessation, notify the SFC of the cessation. |
(4) |
A licensed corporation shall submit its audited accounts and other required documents within four months upon the end of each financial year. |
(5) |
Licensed corporations are required to submit financial resource declarations to the SFC every month. However, if the license is subject to the condition that they are not allowed to hold client assets, they only need to submit financial resource declarations every six months. |
(6) |
The licensed corporation shall pay an annual fee of HK$4,740 within one month after the same month and day of each year after the date of obtaining the license. |
(7) |
The licensed corporation shall submit the annual return within one month after the same month and day of each year after the date of obtaining the license. |
(8) |
Participate in continued training. |
(1) |
Documents proving the qualifications of suitable candidates, such as the qualifications, experience and professional certificates of directors, shareholders and responsible officer |
(2) |
The company’s organizational chart and core functional managers, including company directors, senior management, etc. |
(3) |
Proof of qualifications of suitable candidates for substantial shareholders, senior personnel, etc. |
(4) |
Maintaining minimum paid-up share capital and liquid capital |
(5) |
Basic information of the corporate, such as Certificate of Incorporation, Business Registration Certificate, etc. |
(6) |
The company’s equity structure |
(7) |
The company’s business plan |
(8) |
Details of bank account information. |
Item |
Description |
|
Basic Maintenance |
1 |
Annual Return |
2 |
Business Registration |
3 |
Company Secretary(annual) |
4 |
Designated Representative(annual) |
5 |
Preparation of AGM documents |
6 |
Maintenance for Type 9 license |
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Accounting & Tax |
7 |
Accounting and bookkeeping |
8 |
Financial statements statutory audit |
9 |
Hong Kong Profits Tax computation and filing |
10 |
Employer’s return filing |
11 |
Employer’s return filing (for employee) |