Hong Kong Money Lenders License

Instructions for filing with the Companies Registry of Hong Kong Money Lender License、police investigation、Licensing Tribunal Decision、Official Fees and Ongoing Liability；Actual procedures and time are confirmed on a case-by-case basis。

Compare Hong Kong Money Lenders vs Digital Banks，A distinction should be made between Chapter 163 and Chapter 155、public deposits、3Minimum share capital of HK$100 million bank、Maximum effective interest rate for moneylenders of 48% and presumptive extortionate threshold of 36%，and payments and AML boundaries。

Applicants with Mainland background come to Hong Kong to engage in lending business，Subject to be checked、Source of funds、premises、fit and proper person、business plan、AML/CFT and tax；Approval time and results are not guaranteed。

Before applying for a money lender’s license in Hong Kong，Lease should be checked、Landlord or tenant permission、occupation license、land use、Layout and data security；Shared premises must be assessed on a case-by-case basis。

Sorting out the financial status of money lender licenses in Hong Kong、business plan、premises、Fit and proper candidates and AML/CFT requirements；There is no unified minimum capital for ordinary licenses，Approval time is not guaranteed。