HSICDATA

This activity involves the management of investment funds, including mutual funds, pension funds, and hedge funds. Fund management firms are responsible for making investment decisions on behalf of their clients, aiming to achieve specific financial objectives while managing risks.

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.

SFC Licence for Type 9 Regulated Activity (Asset Management)

Securities and Futures Commission (SFC)

Required for corporations providing discretionary management of securities or futures portfolios or real estate investment schemes, including fund managers, hedge funds and private equity managers with discretionary mandates. Managers that do not hold client assets can operate under a licensing condition with reduced financial requirements.

Capital requirement
No paid-up capital requirement + HKD 100K liquid capital if subject to the licensing condition not to hold client assets; otherwise HKD 5M paid-up + HKD 3M liquid capital
Processing time
Approximately 15 weeks for a licensed corporation application (SFC published estimate)

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 calendar

Incorporate in Hong Kong

Starting a fund management 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