Hong Kong Money Services Operator (MSO)

Overview

This is a highly mature and established Money Services Operator (MSO) in Hong Kong, originally incorporated in 2008 and holding its MSO licence since 2012. Supervised by the Hong Kong Customs and Excise Department, the company is strictly licensed for money remittance service.

A major asset of this listing is its established banking infrastructure. The entity comes with operational bank accounts ready for immediate use: one with Philippine National Bank (PNB) for remittance flows, and another with BDO Universal Bank for general operations. A small number of clients are already onboarded, and the business maintains a physical shop premises (as required by HK regulations) with very low monthly overheads.

Business Outline

• The business can do only remittance service.
• Monthly fees for shop – HK$6,500.
• There are 2 individuals who own 100% of shares, 3 directors (won’t stay).
• Share Capital – HK$10,000.

Proposed Transaction Procedures

(1) Sign MOU + Deposit equivalent to 30% of the Consideration
(Refundable upon certain conditions)
(2) Due Diligence (Within 14 days)
(3) Sign SPA and Second Payment equivalent to 30%
(4) The Buyer(s) to seek for Approval from the HK Customs** as the Directors and UBOs
(application time: 2–3 months)
(5) Transfer of the Company + Appointment of Director + Remaining Payment + Relocation of Premises (if needed)
(6) Notify to the Customs about the changes