Hong Kong TCSP License

Pricing

HKD 1,400,000

About the 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.

This statutory license is required to provide trust and company-related services in Hong Kong, including trust administration, company incorporation, corporate secretarial services, equity structuring, bank account setup assistance, and virtual asset custody.

TCSP licenses are widely used in family trust structures, charitable trusts, corporate equity planning, and Web3/virtual-asset management for high-net-worth individuals (HNWIs).

TCSP Licensed Business Scope

• Family Trusts
  Cross-generational wealth transfer, offshore asset protection, and tax optimization.

• Virtual Asset Custody Trusts
  Collaboration with VASP-licensed entities to securely hold and manage digital assets.

• Equity Incentive Trusts
  Structures for employee stock option plans (ESOPs) and corporate tax planning.

• Private Trust Companies (PTCs)
  Privately managed trust platforms for HNWIs and family offices.

• Charitable Trusts
  Asset management for philanthropic and charitable initiatives.

• Investment Trust Structures
  Used by listed companies or family offices for fund operations and identity planning.

Advantages of the TCSP License

• Regulatory Compliance Standard
  A mandatory and recognized license for trust and company services in Hong Kong.

• Banking Recognition
  Improved ability to open corporate bank accounts, including for higher-risk or digital-asset-related businesses.

• Credibility with HNW Clients
  A trusted framework for wealth planning, succession, and family governance.

• Web3 Compatibility
  Enables compliant structuring and custody solutions for virtual and digital assets.

Steps to Acquire a Hong Kong TCSP

1. Data collection

2. Deposit submission

3. Receipt of company documents for due diligence

4. Submission of remaining payment

5. Company name change

6. Change of directors and UBOs

Our Services

• End-to-End Documentation Review & Transfer
  Ensuring a smooth, compliant acquisition and transfer of the TCSP license.

• Compliance Staff Support
  Assistance with appointing a Compliance Officer and MLRO.

• Bank Account Setup
  Support in opening local and crypto-friendly corporate bank accounts.

• Business Planning Advisory
  Strategic guidance on trust business implementation (e.g., digital assets, family trusts).

• Ongoing Compliance Advisory
  Annual renewals, AML policy updates, and periodic risk and compliance audits.