Hong Kong

Unless a statutory exemption applies, Carrying out Type 4 "advising on securities" business in Hong Kong or showing oneself to be carrying on such business is usually required to obtain a SFC license. Research, algorithm output, Opinions on cross-border promotion and virtual assets must be based on content, object, Judgment of product nature and actual authority on a case-by-case basis. Hong Kong Huitong can assist with document and application preparation within the agreed scope., Dealing is not guaranteed, Acquisition approval or business upgrade.

According to Hong Kong’s Securities and Futures Ordinance (Schedule 5), Provision of asset management services in Hong Kong (including real estate investment plan management, Securities or futures contract management), Must be issued a Class 9 license. Hong Kong Huitong provides you with everything from corporate establishment to, RO configuration, Compliance plan writing, One-stop legal licensing and compliance consulting services to M&A due diligence (DD) and virtual asset (VA) business upgrades.

Hong Kong Virtual Asset Service Provider (VASP) and Trading Platform Operator (VATP) License, Regulated by the dual licensing regime of the Hong Kong Securities and Futures Commission (SFC) (covering SFO No. 1, 7Class and AMLO license, The practice is collectively referred to as "1+7+VASP"). Since the compulsory licensing system comes into effect in June 2023, Capital threshold for industry entry (5 million paid/3 million quick), High legal standards have been established in terms of asset custody (AE+TCSP and 98% cold wallet reserve) and external assessment (EAR). Hong Kong Huitong provides applying entities with coverage of the establishment of Hong Kong corporations., TCSP trust subsidiary structure construction, Coordination of external evaluation reports, Full-process application and compliance support services for responsible officer (RO) eligibility review and SFC administrative inquiry defense.