1. Hong Kong Money Lender License Business

Under the money lenders ordinance, chapter 163, any person who carries on business as a money lender in Hong Kong must be licensed as a money lender.Any number of money lenders who fall under a licence as a result of their business.The licence is usually valid for 12 months.A licensee must therefore apply for a renewal within three months prior to the expiry date to continue to engage in money lending business.

Broadcast services generally refer to other people to provide loans and are different from Banks or financial institutions of business bond.Examples include :(1) personal credit loan, mortgage (2),(3) train, instrument, heavy equipment, shipyard lease,(4) small credit loan, promissory note and invoice discount,(6) secured loan and (7) syndicated bank loan.

2. Hong Kong Money Lender license requirements

Determination of licence application:

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(1) the applicant shall be elected as a suitable person whether to conduct bond release business or not (such as knowledge, education and experience related to business operations, etc.);

(2) whether the application involves any premises or not because of the business of releasing bonds (e.g. the local land use and the permit issued by the landlord and tenant as a bonus, etc.);

(3) whether the licensing will be contrary to the public interest.

3.How to apply for or purchase a Hong Kong Money Lender license

The following documents should be submitted when applying for a license:

(1) applicant application form

(2) documentary proof of the applicant's customary money-lending ability

(3) documents certifying the applicant's financial status

(4) a lease and a floor plan intended for the operation of a money-lending business

(5) written permission provided by the owner to handle the proposed business of releasing bonds

(6) occupation permit issued by the department

(7) "land register" in the land annotated search register

(8) annual return (if the applicant is a company)

With effect from 3 October 2016, all applicants who apply for the renewal of the debenture licence or licence must provide supplementary information on the applicant and its business (including the type of loan involved, the business to be engaged in and the financial position, etc.).All applications for the renewal of a license or licence issued by a licensed money lender that have been submitted to the companies registry on or after 3 October 2016 must be submitted together with the supplementary information page of this statement in addition to the application documents required by the place.

Company notes and Hong Kong police will issue a confirmation notice to the applicant upon receipt of the licence application.The police will conduct investigation and review of the examination documents within a period of about 60 days.Applicants will then receive a confirmation letter informing them of the result of their application.It usually takes three to four months to apply for an extension.

If the application is approved, the applicant will not receive a notice requiring him to attend the licensing court hearing after one month.Applicant should bring all required documents.The applicant will submit all documents to the court at the end of the licence to obtain the issuer's licence.

4. License application or purchase fee

4.1 application fee

4.2 license fee