First Services

Initial/Additional Licensing Project

Carrying out regulated activity in Hong Kong, for example issuing advertisements, invitations or documents relating to investments in Hong Kong or targeting the investing public of Hong Kong without the required license/registration is a serious offence.

The Maximum penalties are in a fine of $500,000 and to imprisonment for 3 years and, in the case of a continuing offence, to a further fine of $20,000 for every day during which the offence continues.

Securities and Futures Commission (“SFC”) is a Hong Kong regulatory body which administers the Securities Futures Ordinance (“SFO”), governing securities and futures markets and non-bank retail leveraged foreign exchange market in Hong Kong.

Getting a license under SFC is a specialty. First can prepare your tailored application and supporting paperwork in a fraction of time it would take for someone not familiar with the process. First licensing project comprises of several elements including corporate and individual license application, guidance on company set-up, initial business and compliance planning for the proposed license corporation.

If you are in doubt whether you need a license or not, please go to “Get Quote” and let us know your concerns.

Continuing Compliance Services

Compliance is essential for business success. Licensed corporations must maintain effective compliance systems at all times.

Internal Compliance:

First guides you in implementing efficient compliance systems, providing services such as internal system rollouts, policy updates, and investor due diligence reviews.

External Compliance:

We ensure clients meet regulatory reporting requirements and handle all liaison with relevant regulatory bodies promptly and accurately.

Ad-Hoc Compliance Services

Businesses often face unique compliance challenges. First offers: