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Circular to intermediaries and licensed individuals on arrangements for the collection of annual licensing fees Learn more
Starting 1 April 2025, the Securities and Futures Commission (SFC) will resume the collection of annual licensing fees from all intermediaries and licensed individuals.
Annual licensing fees are payable by each type of intermediary, licensed individual and regulated activity (RA):
| Types of intermediary / licensed individual | Types of RA | Annual licensing fee |
| Licensed Corporation | RAs other than RA 3 | $4,740 per RA |
| Responsible Officer | RAs other than RA 3 | $4,740 per RA |
| Licensed Representative | RAs other than RA 3 | $1,790 per RA |
| Registered Institution | RAs other than RAs 3 and RA 8 | $35,000 per RA |
Updates on grant scheme for open-ended fund companies and real estate investment trusts Learn more
The SFC announces that the eligibility criteria of the grant scheme for open-ended fund companies and real estate investment trusts will be adjusted, with effect from 11 April 2025.
Key Adjustments
Revised Grant Caps for OFCs:
Public OFC: HK$ 300,000 (previously HK$ 1 million)
Private OFC: HK$ 150,000 (previously HK$ 500,000)
Maximum of one OFC per investment manager (previously three)*
- Revised Grant Cap for REITs:
HK$ 5million (previously HK$ 8 million)
The scheme will continue to cover 70% of eligible expenses paid to Hong Kong-based service providers.
For detailed eligibility criteria, please click here.
* For OFC grant applications submitted on or after 11 April 2025, an investment manager which has already been awarded any grant under the scheme will not be entitled to any further grant under the scheme.
