AsiaBC is a Hong Kong Trust or Company Service Provider (“TCSP”) licensee.

Licence No.TC001346
Name of TCSP Licensee in EnglishASIA BUSINESS CENTRE (HOLDINGS) LIMITED
Name of TCSP Licensee in Chinese大中華商務中心(控股)有限公司
Business AddressROOM 1206, 12/F, EASTERN COMMERCIAL CENTRE, 397 HENNESSY ROAD, WAN CHAI, HONG KONG

What is the TCSP license?

Under the Anti‐Money Laundering and Counter‐Terrorist Financing Ordinance in Hong Kong (“the AMLO”), a person, except qualified legal professional and accounting professional, is required to obtain and maintain the Trust or Company Services Provider license to offer trust or company service business in Hong Kong. The Company Registry (“CR”) is the authority to administrate the legislation related to the TCSP.

What does “trust or company service business” mean?

  • forming corporations or other legal persons;
  • acting, or arranging for another person to act—
    • as a director or a secretary of a corporation;
    • as a partner of a partnership; or
    • in a similar position in relation to other legal persons;
  • providing a registered office, business address, correspondence or administrative address for a corporation, a partnership or any other legal person or legal arrangement;
  • acting, or arranging for another person to act—
    • as a trustee of an express trust or a similar legal arrangement; or
    • as a nominee shareholder for a person other than a corporation whose securities are listed on a recognized stock market.

As a customer of AsiaBC, what should I know?

  • You should check whether your company service provider is either a valid licensee of TCSP or a qualified legal or accounting professionals in Hong Kong. You can visit the office or website of the CR – Registry for Trust or Company Service Providers for validation of the TCSP licensees:
    Address:Unit 1208, 12/F, One Kowloon, 1 Wang Yuen Street, Kowloon Bay, Kowloon, Hong Kong
    Tel:+852 3142 2822
    Website:https://www.tcsp.cr.gov.hk/
  • TCSP licensees are required to take all reasonable measures to ensure that the Anti-Money Laundering (“AML”) & Counter Terrorist Finanacing (“CTF”) requirements under the AMLO are complied with. To fulfill these requirements, TCSP licensees are required to implement proper procedures in customers due diligence, customers monitoring, custoemrs risk assessment, record keeping, and reporting of suspicious transaction. TCSP licensees are the point of contact of the law enforcement units in Hong Kong in relation to the investigation regarding the AML/CTF.