TCSP License in Hong Kong

By Easy Biz Team at Easy Solution (HK) Limited · Published 13 July 2026 · 5 min read

What Is TCSP License?

A TCSP (Trust or Company Service Provider) License is a registration with the Hong Kong Companies Registry under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615). It is required for any business providing trust services, company secretary services, company formation, or registered office services in Hong Kong.

Key Requirements

• A registered Hong Kong company with a physical office
• Compliance with AML/CFT obligations under Cap. 615
• A designated Compliance Officer responsible for AML procedures
• Customer due diligence (CDD) procedures for all clients
• Record-keeping for at least 6 years
• Staff training on anti-money laundering requirements
• Reporting of suspicious transactions to the Joint Financial Intelligence Unit (JFIU)

Compliance Obligations

License holders must maintain ongoing compliance:

• Conduct customer due diligence before providing services
• Maintain registers of beneficial owners
• Annual AML risk assessment updates
• Cooperate with regulatory inspections
• Report suspicious transactions within 3 working days

How to Acquire an Existing Licensed Company

Acquiring an existing licensed company through share transfer is faster than new registration:

Step 1: Find a suitable licensed company on our marketplace.

Step 2: Due diligence — verify the license is current, check compliance records, review any past regulatory actions.

Step 3: Sign Sale & Purchase Agreement and pay deposit.

Step 4: Complete share transfer — file with Companies Registry, pay stamp duty (0.2% under Cap. 117).

Step 5: Notify the relevant authority of changes in directors and management.

Step 6: The license continues under the new ownership subject to ongoing compliance.

New Registration vs Acquisition

Factor	Buy Existing	Apply New
Timeline	2-3 weeks	8-12 weeks
Cost	HKD 50K-150K	HKD 5K-15K (registration)
Compliance history	Inherits existing record	Clean start
Client base	May include existing clients	Start from zero

Frequently Asked Questions

What is a TCSP License in Hong Kong?

A TCSP (Trust or Company Service Provider) License is a registration with the Hong Kong Companies Registry under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615). It is required for any business providing trust services, company secretary services, company formation, or registered office services in Hong Kong.

How long does the license remain valid?

The registration does not expire but requires ongoing compliance. The company must maintain its AML procedures and cooperate with regulatory inspections at all times.

Can I transfer the license to another company?

The license is attached to the registered entity. To transfer, you acquire the company through a share transfer. The license continues under new ownership, but you must notify the relevant authority of changes in management.