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OUR SERVICES · CRYPTO AND DIGITAL ASSETS

Blockchain and Crypto Advisory

Depending on the nature of your business or intended venture, we will let you know what licenses are necessary for your operations and assist you at every step in obtaining such licenses in Hong Kong.

OVERVIEW

Licensing and corporate advisory for crypto businesses in Hong Kong

At KTC, we specialize in providing comprehensive advisory and related services tailored for both fintech companies and traditional businesses looking to enter the cryptocurrency market in Hong Kong.

With almost two decades of offering corporate services, we are well-versed in advising the appropriate corporate structure(s) and step(s) your business needs to achieve your goals, whether that be tax planning, ring-fencing client assets or setting up trust companies.

Our team will assist you in reviewing the policies and procedures necessary for your VATP (Virtual Asset Trading Platform) application as well as the revamped External Assessment for VATPs since the implementation of the SFC’s swift licensing process for prospective applicants after 16 January 2025.

NOT SURE WHAT YOU NEED?

Find out which licenses apply to you

Leave your details and our specialists will get in touch with you shortly.

Warning

WARNING

Operating without the right license is a criminal offence in Hong Kong.

If your crypto business holds client assets, exchanges or remits money, or lends, you will likely need a license. Without one, you and your directors face fines and imprisonment.

TCSP License

Trust or company service business

FINE UP TO

HK$100,000

per offence

PRISON UP TO

6 months

directors and ultimate owners

MSO License

Money changing or remittance

FINE UP TO

HK$1,000,000

maximum fine

PRISON UP TO

2 years

maximum term

Money Lenders License

Lending, including crypto-backed loans

FINE UP TO

HK$100,000

maximum fine

PRISON UP TO

2 years

including directors, managers and secretaries

WHAT WE DO

Licensing, corporate services
and VATP support

Select a service to see what it covers and, where relevant, the offences and penalties for operating without the license.

BUSINESS LICENSE APPLICATIONS

TCSP License

Safe-keeping / custody of client assets (i.e., crypto and cash)

BUSINESS LICENSE APPLICATIONS

Trust Company

Investment and management of client assets

BUSINESS LICENSE APPLICATIONS

MSO License

On/off-ramp payment and remittance services

BUSINESS LICENSE APPLICATIONS

Money Lenders License

Crypto lending / margin financing services

CORPORATE SERVICES

Business Operations

Set up your crypto business in Hong Kong

CORPORATE SERVICES

Corporate Advisory Services (Crypto)

Corporate advisory services for crypto businesses

VATP APPLICATION SUPPORT

EA Report

External Assessment Report for VATP applications

VATP APPLICATION SUPPORT

Policy Review

Preliminary review of policies and procedures for VATP applications

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REQUEST FOR QUOTATION

Unsure what licenses you need?

If you are unsure what licenses you need for your business, please leave your details here and our specialists will get in touch with you shortly.

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