6412Domestic banking units
本地銀行單位
This activity covers the operations of domestic banking units that provide a range of financial services to individuals and businesses within the country. These services typically include accepting deposits, providing loans, and facilitating payment transactions.
Subclasses in this class
Licences and approvals
What this activity needs to operate
Activities under this code trigger the following licensing regimes. Emerhub prepares and files each application on your behalf.
Banking Licence (Licensed Bank)
Hong Kong Monetary Authority (HKMA)
Required for institutions carrying on banking business in Hong Kong, meaning taking deposits of any size and maturity from the public and operating current and savings accounts. Licensed banks form the top tier of the three-tier banking system under the Banking Ordinance (Cap. 155).
- Capital requirement
- Minimum capital of HKD 300M
Official sourceVerified 2026-07-14
Deposit-taking Company Authorization
Hong Kong Monetary Authority (HKMA)
Authorization for companies engaged in specialised activities such as consumer finance, trade finance or securities business that take deposits from the public. Deposit-taking companies may only take deposits of HKD 100,000 or above with an original term to maturity of at least three months, forming the third tier of the banking system under the Banking Ordinance (Cap. 155).
Third-tier authorization for deposit-taking finance companies
- Capital requirement
- Minimum capital of HKD 25M
Official sourceVerified 2026-07-14
Restricted Licence Bank Authorization
Hong Kong Monetary Authority (HKMA)
Authorization for institutions engaging mainly in merchant banking and capital market activities that take deposits from the public. Restricted licence banks may take deposits of any maturity of HKD 500,000 or above and form the second tier of the three-tier banking system under the Banking Ordinance (Cap. 155).
Second-tier authorization for merchant banking and capital market business
- Capital requirement
- Minimum capital of HKD 100M
Official sourceVerified 2026-07-14
Standard compliance
Compliance every Hong Kong company shares
Beyond anything specific to this activity, every Hong Kong company handles two-tiered profits tax, the annual return (Form NAR1) within 42 days of its incorporation anniversary, audited accounts, MPF enrolment for staff, and a company secretary. Emerhub runs all of it on your behalf.
See the full Hong Kong compliance calendarIncorporate in Hong Kong
Starting a domestic banking units business in Hong Kong?
Emerhub incorporates your company, registers the business nature above with the IRD, files every licence application, and runs your company secretary and compliance calendar. You provide the documents; Emerhub handles every government interaction.
Start incorporation with Emerhub