Crypto license in the Hong Kong
The top crypto jurisdiction of Autumn 2023! Take advantage of our exclusive offers!
Initiate your business registration and acquire a crypto license in Hong Kong in just 40 days.
Rest assured, your success is our primary commitment!
Hong Kong is the ideal locale for crypto enterprises, boasting a flexible financial system and the option to establish specialized bank accounts beyond the EU borders. Enjoy the city’s secure and privacy-friendly financial ecosystem this season.
Submit an application for a licence in Hong Kong Submit an application
Starting from consultation and ending with licensing, we provide a guaranteed result as stipulated in the contract.
We provide you with a personal manager and remain a reliable partner even after the service is completed.
As a direct service provider, we offer the best pricing and flexible payment terms.
Crypto license in the Hong Kong obtaining
We offer to obtain a crypto licence in the HK within 40 days
We offer a guaranteed service to obtain a crypto license in Hong Kong, a leading financial hub, within just 20 days. Unlike the EU, which lacks a national regulatory framework specific to crypto companies, Hong Kong offers a well-defined regulatory environment that ensures your business operates under the strict governance of the Hong Kong Monetary Authority.
Hong Kong is renowned for its progressive stance on financial technologies and offers a stable economic climate, making it an increasingly attractive jurisdiction for crypto businesses. While the Czech Republic’s crypto community is generally self-regulated and abides by EU guidelines, Hong Kong offers a clear set of rules set forth by the government, boosting investor confidence and industry credibility.
Companies with this license are authorized to engage in cryptocurrency exchange activities.
This license allows companies to offer cryptocurrency to fiat and vice versa, currency exchange services.
Companies with this license can operate with all kinds of currencies and are also permitted to engage in lending and other financial services related to cryptocurrencies.
Holders of this license can provide holistic services, including the creation and storage of crypto wallets and customer keys, as well as asset management services in crypto.
Why Choose Hong Kong
Unlocking Global Opportunities: Why Hong Kong is Your Ideal Destination for Crypto Licensing
Excellent Service and Unbeatable Expertise:
Choosing Hong Kong for our crypto license was the best decision we ever made, and the support from the team made the process smooth and efficient. Their in-depth knowledge of the regulatory landscape gave us confidence, and we were up and running quicker than expected.
Highly recommended for anyone looking to scale their crypto business globally!
Hong Kong offers a transparent and well-defined regulatory environment, overseen by reputable authorities. This clarity eliminates guesswork and provides a solid foundation for crypto enterprises.
Being based in Hong Kong instantly lends your business credibility and opens doors to both Asian and global financial markets, offering immense scaling opportunities.
The economic stability of Hong Kong ensures a favorable environment for growing and sustaining a crypto business, backed by robust financial infrastructure.
Hong Kong boasts a vibrant fintech scene, supported by numerous incubator programs, networking events, and government initiatives, making it a fertile ground for innovation.
Hong Kong offers a simple and low-tax regime, devoid of VAT/GST and capital gains tax, making it a cost-effective jurisdiction for running a crypto business.
One-Stop Solution: Company Registration and Crypto Licensing in Hong Kong
Formation of a company from scratch and obtaining the crypto license
We offer a comprehensive package where we handle the registration of your firm and set up your crypto company in Hong Kong. This is the perfect solution for those looking to break into this lucrative market swiftly and effortlessly. You’ll benefit from operating in a jurisdiction known for its clear regulations, stable economy, and vibrant fintech ecosystem.
Starting at $5,000 for the entire package.
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Steps to obtain a crypto license in the Hong Kong
The process of securing a crypto license in Hong Kong is rigorous but straightforward, governed by the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC). Here are the main steps:
First, you need to prepare all essential documents, including business plans, Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) policies, as well as Know Your Customer (KYC) procedures. These documents need to be in compliance with the regulations set by the HKMA and SFC. It’s advisable to consult legal experts familiar with Hong Kong’s crypto regulations for this step.
Once the paperwork is ready and approved by your legal team, you can proceed to register your company in Hong Kong. This is an essential step before applying for a crypto license. The process usually takes around 2-4 weeks and involves submitting all necessary documentation to the Companies Registry and the Inland Revenue Department in Hong Kong.
After successfully registering your company, the next step is to submit a formal application for a crypto license to the HKMA and SFC. This involves an in-depth review of your business model, security protocols, and compliance with AML, CTF, and KYC policies. Depending on the complexity of your business, this can take anywhere from 2 to 6 months.
Once your application is reviewed and approved by the regulators, you will be granted a crypto license to legally operate in Hong Kong. This will enable you to offer various crypto services, depending on the type of license you’ve applied for.
Ensuring the legality and stability of your crypto business in Hong Kong becomes significantly more efficient when collaborating with us as a trusted legal service provider. We guarantee not only full compliance with all local laws and regulations but also the optimization of your business process within the existing legal framework of Hong Kong.
- Essential Package Company formation in Hong Kong2-5 days
- Gold Package Company Registration and Document Preparation for Crypto Licenseup to 3 weeks
Leave an request and we will tell you more about the process of obtaining a license
Contact us for more information or to begin the process of registering your company and securing a crypto license in Hong Kong. Please be aware that when opening a specialized bank account for a crypto company in Hong Kong, financial institutions may require proof of a physical office location, such as a lease agreement or utility bill.
Leave a request Leave a requestFrequently Asked Questions
The Securities and Futures Commission (SFC) is the primary regulatory authority overseeing crypto-related businesses in Hong Kong.
Yes, having a physical office is usually required. Financial institutions may ask for a lease agreement or utility bill as proof of a real office when you try to open a bank account for your crypto company.
The registration process can take up to 5 weeks, depending on the complexity of your business and how quickly all required documents are submitted.
Prices start from €5000 for the license application, not including company registration and other administrative fees.
While a Hong Kong crypto license allows you to operate legally in Hong Kong, you’ll need to comply with regulations in other jurisdictions if you intend to operate there.
Hong Kong has a favorable tax regime that generally does not tax capital gains, which could be advantageous for a crypto business.
There is no statutory minimum capital requirement, but the SFC may set a requirement depending on the nature of the activities to be conducted.
Yes, there are no restrictions on foreign ownership for crypto companies in Hong Kong.
While it is not strictly required to have a resident director, having one could make the process smoother and meet certain bank account opening requirements.
Companies are required to maintain proper records and are subject to annual audits. There may also be additional reporting requirements depending on your specific license.
Contact our sales department and we will tell you about the procedure for obtaining the license
Our company has been dealing with issues emerging in the crypto license’s acquisition process in the EU since 2015. In total, we have helped over 400 clients from different parts of the world obtain licenses and start their business. Reach us today and we will be happy to discuss the details and answer any questions you may have.
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