🎯 Why “Find a Company First, Then Apply”?
| Key Point | Details |
|---|---|
| Employer-Driven Filing | Only a hiring Licensed Corporation (LC) can file via WINGS; individuals cannot apply on their own |
| Provisional Licence | SFC issues a Provisional LR in ~7 working days, so you can start work quickly |
| Fit-and-Proper Test | Employer must show both firm and applicant meet integrity, financial and competence standards |
Bottom line: No employer, no application.
📋 Five-Step Application Flow
| Step | Action | Timeline |
|---|---|---|
| 1 | Sit the HKSI Licensing Examination (Papers 1, 7, 8, etc.) – results valid 3 yrs | 2–4 wks |
| 2 | Agree job title, business scope & RA category with LC | Varies |
| 3 | Prepare documents • Personal: Form 5, academic/work proofs, CNCC, address proof… • Employer: Form 4/4B, business plan, risk framework | 1–2 wks |
| 4 | File via WINGS & pay fees • Rep licence HK$1,790/RA • Provisional HK$800 | Same day |
| 5 | Work on Provisional → Full licence approval • Respond to SFC queries within 7 days | 6–10 wks |
🌍 Notes for Non-Permanent Residents
- HK PR not required; employer sponsorship + Employment Visa essential
- Visa filed in parallel, processing 4–6 wks
🌐 Cross-Border Work Alerts
- If mainly offshore, supervision, systems & risk controls must physically reside in HK
- SFC may refuse or impose strict conditions if “centre of management” is outside HK
💰 Time & Cost Snapshot
| Stage | Duration | Key Fees |
|---|---|---|
| LE exam | 2–4 wks | From HK$1,300 (Paper 1) |
| WINGS → Provisional | ≈7 working days | HK$1,790/RA + 800 |
| Provisional → Full | 8–10 wks | No extra fee |
| Senior RO licence | +2–3 wks | HK$2,950 |
Annual renewals, PI insurance, CPD costs excluded.
⚠️ Five Common Pitfalls
- Passing exams ≠ licence granted
- Incomplete docs = application returned
- Cross-border oversight is stringent
- External roles must be declared
- CPD requirements continue every year
📝 Conclusion
Success = Job secured + Licence approved.
- Pass HKSI papers early
- Compile complete documents
- Secure the right employer & RA scope
- Understand cross-border compliance
- Plan long-term career growth
Seek professional advice if in doubt.
Latest Licences for Sale!
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Paradox Management Limited
Paradox Management Limited, established in 2010 in Hong Kong, specializes in vocational training and licensing support for the finance, banking, and insurance sectors. The company offers personalized training programs, including private sessions and group classes, as well as access to comprehensive exam question banks. Additionally, Paradox Management Limited assists with regulatory compliance, the acquisition and sale of financial entities, and obtaining Money Lender Licenses. Catering primarily to small financial institutions, the company is known for its deep industry expertise, client-focused approach, and proven success in helping professionals excel in their careers.
Contact Us
WhatsApp: +852 5512 2462
Phone: +852 2110 9644
Fax: +852 2111 9644
Email: [email protected]
Wechat: hk2cexam
Employment Agency Licence No.: 76143