Hong Kong Bank Account Opening Service
Hotline: 86-755-82143348 Email: anitayao@citilinkia.com
Hong Kong Bank Account Opening is a process after Hong Kong Company Registration. The Hong Kong government hasn’t make rules for cooperation to set up bank account; managers can decide whether to open bank account on the basis of practical situation. To enterprises, the local account refers to those accounts opened in Hong Kong bank； Offshore accounts refers to the accounts opened in other regions , like Shenzhen, shanghai, Malaysia , UK and other places.
Hong Kong bank account types
Many banks are likely to provide all-in-one corporate account while others have different types of bank accounts for your specific business purposes. Taking Hong Kong as a sample, the bank account could usually be divided into four as follows:
1.Hong Kong Dollar saving account;
2. Foreign currency saving account (including all the top popular currencies);
3. Hong Kong Dollar current account;
4.letter of credit (L/C) account. The above-mentioned three accounts can receive L/C but the L/C account is required if you want to open L/C for your business payment.
Advantages of Opening Bank Account in Hong Kong
1、No restriction on foreign exchange remittance, free transfer of funds
2、Convenience in settlement of international trades
3、No interest tax with a higher actual revenues of deposits
4、Free conversion of currencies
5、Convenient daily account operation and online bank transactions
6、Convenience in getting trade financing from international banks
Required documents for HK bank account opening
1. Certificate of incorporation (copy certified by accountant)
2. Business registration certificate (copy certified by accountant)
3. Statutory documents for incorporation
4. Notice of appointment of director and secretary (copy certified by accountant)
5. Articles of Association (copy certified by accountant)
6. Common sea
7. ID card/passport of each director
8. Business evidence, such as purchase orders , invoices for sales and purchase, contracts, bills of lading
8. The business plan
9. Personal address proof of each director
10. The minimum deposit:HKD10,000 – HKD20,000
11. If you want to open offshore account, you should prepare the Certificate of incumbency
Processing Time for HK bank account opening
Normally it takes 3 to 5 working days to open a HK bank account.
ATAHK's services
We can provide our clients in the banks such as HSBC bank account opening, HangSeng bank account opening, Standard Charted Bank account opening and Bank of China for the bank account opening. We can assist our clients to make appointment with HK bank managers.
Contact Us
If you have further queries, please don’t hesitate to contact ATAHK anytime, anywhere by simply calling our hotline at 86-755-82143422, or emailing to anitayao@citilinkia.com.