Service Hotline: 86-755-82143023 Email:selinawu@citilinkia.com
After registering a Hong Kong company, the Hong Kong company needs to cooperate with the bank account in order to operate effectively. If there is no Hong Kong bank account, it is impossible to collect payment from customers, issue L/C purchase certificate and dispose of a large amount of cash. Therefore, it is necessary to consider the problem of opening bank account after registering Hong Kong company. This article will offer you some basic information for Hong Kong bank account opening.
The advantages of opening a bank account in Hong Kong
>It is not subject to foreign exchange control and funds can be allocated freely
>Facilitate the settlement of international trade
>It is free from interest tax and the actual income of deposit is higher
>Various currencies are freely convertible
>The daily operation of the account is simple
>Online banking can be opened for transaction
>Facilitate trade financing with international banks
Types of Hong Kong bank accounts
Generally, the types of bank accounts in Hong Kong are divided into: Hong Kong dollar savings account, foreign currency savings account, Hong Kong dollar check account and letter of credit account. The above four accounts are also collectively referred to as comprehensive financial account by some banks. In order to facilitate the capital operation of small and medium-sized enterprises, banks can also open stock accounts, fund accounts, insurance accounts and other types for enterprises.
Materials required for Hong Kong bank account opening
1.Certificate of incorporation
2.The newest Business of registration
3.The newest NAR1 documents or NNC1 documents for companies newly setup
4.Articles of associations
5.Company chops
6.Original passports of the shareholders and directors (who are required to visit the bank personally)
7.Address proof of directors and shareholders
8.Business plan
9.Three or more sets of Business evidences (one set of business evidence including business contract, invoice, packing list, bill of lading, payment bank slip)
10.Audit report of the latest fiscal year
11.Documents for the related company: Business license/ Articles of Association, bank slip of the past 6 months, financial report of the past fiscal year;
Process & our services for opening a Hong Kong bank account
1. Free enquiry for clients then sign an agreement
2. Evaluation on the company’s files, offer professional advice
3. Prepare documents required for bank account opening
4. Make appointment with banks
5. Follow-up on the process till the bank account opens successfully
Generally it takes around 1 - 3 months to get the account.
Contact Us
It is important to choose a professional agent for your Hong Kong bank account opening. Located in Hong Kong and have been in this service for more than 20 years, ATAHK will be your most reliable agent to have your Hong Kong company well maintained. Please feel free to contact Selina Wu by China hotline at 86-755-82143023 or emailing to 2355725092@qq.com.