Hong Kong TCSP License
The TCSP License (Trust or Company Service Provider License) is issued by the Hong Kong Companies Registry under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance. It is a statutory requirement for offering trust services, company formation, secretarial services, equity structuring, bank account setup assistance, and virtual asset custody. This license is widely used in scenarios involving family trusts, charitable trusts, corporate equity planning, and Web3 asset management for high-net-worth clients.
1. Year of Licensing: 2024
2. Bank Account: DBS Hong Kong
3. Debt Record: None
4. Active Staff: None
HKD 1,600,000
- Family Trusts: Cross-generational wealth transfer, offshore asset protection, tax optimization
- Virtual Asset Custody Trusts: Works with VASP-licensed entities to securely hold digital assets
- Equity Incentive Trusts: Used by enterprises for employee stock option plans and tax planning
- Private Trust Companies (PTC): For HNWIs to establish privately managed trust platforms
- Charitable Trusts: Used for managing assets dedicated to charitable projects
- Investment Trust Structures: For listed companies or family offices engaging in fund operations or identity planning
- Regulatory Compliance Threshold: A mandatory license for trust and company services in Hong Kong
- Banking Recognition: Easier to open business accounts, especially for high-risk or digital asset operations
- Trustworthy for HNW Clients: Widely adopted in wealth planning and family governance
- Web3 Compatibility: Enables compliant structuring and custody for virtual assets
Step 1: Data Collection
Step 2: Submit Deposit
Step 3: Receive Company Documents for Due Diligence
Step 4: Submit Remaining Payment
Step 5: Changing of Company Name
Step 6: Changing of Directors & UBO
- End-to-End Documentation Review and Transfer: Ensures smooth and compliant license acquisition
- Compliance Staff Support: Assistance in appointing Compliance Officer and MLRO
- Bank Account Setup: Support with both local and crypto-friendly banking options
- Business Planning Advisory: Guidance on trust business implementation (e.g., digital assets, family trusts)
- Ongoing Compliance Advisory: Annual renewal, AML policy updates, and risk audits
Contact us for more details!
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