Registering a Hong Kong company is a good option for those, who want to take their business to the Chinese economic market. Accordingly, entrepreneurs have a question about where and under what conditions they can open an account for a company from Hong Kong.
IQD Consulting experts have prepared a brief information on jurisdictions, where you can open an account for a Hong Kong company.
Having established a business in Hong Kong, you will have an opportunity to open an account here. Hong Kong is a jurisdiction, that takes seriously the issue of opening an account for a local company. A large role will be played by a residency of the founder and director of an enterprise.
Having studied a financial sector of Hong Kong, it can be noted, that there is a fairly wide selection of financial institutions, ready for cooperation. We would like to draw your attention to the following banks, where you can open an account for a company from Hong Kong:
It belongs to a large Chinese holding Yuexiu Group and provides a wide range of modern financial services. When deciding to issue an account with Chong Hing Bank, we focus on the fact, that this bank requires a personal presence of the beneficiary, and we also recommend you to familiarize yourself with the following tariffs:
It is the 3 largest bank of jurisdiction and serves customers throughout China, as well as the United States and the United Kingdom. Those, who intend to open a corporate account with Bank of East Asia, should get acquainted with the fees of a financial institution:
One of the three banking institutions of the ATS and has an authority to issue banknotes. For those, who would like to open an account with CMB Wing Lung Bank, a wide range of financial services will be provided. Bank charges:
It is among the 50 best banks in the world. Along with consumer finance, it provides brokerage services and insurance. If you decide to open an account for a company from Hong Kong with OCBC Wing Hang, you should familiarize yourself with such tariffs:
Also, like CMB Wing Lung Bank, it is one of 3 banks, that are allowed to issue banknotes. It has representative offices in more than 50 countries of the world. Entrepreneurs, who want to open a corporate account with Standard Chartered Bank, need to know, that when opening an account, 1000 EUR must be paid.
In case when you decide to open an account with a bank in Hong Kong, you should consult with a specialized lawyer. Our expert are ready to provide you with a more extensive list of possible options for banks and provide legal support in opening a corporate account in Hong Kong.
Opening an account for a Hong Kong company directly with Hong Kong banks can be difficult. Therefore, IQD Consulting specialists can also offer you possible options in the following jurisdictions:
Those, who decide to open an account for a Hong Kong company in China may be interested in the following banks:
DBS Mainland NRA Branch
It is a subsidiary of DBS, one of the leading financial services groups in Asia. When deciding to open an account for a Hong Kong company with DBS Mainland NRA Branch, pay attention to the fees:
HSBC Mainland NRA Branch
When opening an account for a company with HSBC Mainland NRA Branch, an entrepreneur needs to know, that the amount of funds crediting to an account is not limited, but:
For a more detailed list of banks and information on how to open an account for a Hong Kong company in China, contact our staff at the contacts, listed on the site.
We can help you to open an account for a Hong Kong enterprise with Australian banks, which include:
National Australian Bank
Opening an account in Kazakhstan for a company from Hong Kong can be a good alternative for entrepreneurs. A list of existing banks of this jurisdiction consists of more than 20 institutions, including:
A banking industry accounts for 88% of Turkey’s financial sector. There are about 50 existing banks, three of which are state-owned. We want to pay attention to possible options for banks, in which there is a possibility of opening an account in Turkey for a Hong Kong company:
Today, there are about 117 foreign banks and 6 local banks in Singapore. Along with the rest, an opportunity to open an account in Singapore is provided in the following banks:
There is an opportunity to open a corporate account with OCBC for foreign non-resident companies in one of the major world currencies.
The list of jurisdictions outside of Hong Kong, in which it is possible to open an account for a Hong Kong enterprise can also be supplemented by countries, such as:
As you can see, there are options to open an account for a company from Hong Kong, not only in Hong Kong. We have provided a list of Hong Kong banks and jurisdictions, where you can open an account for a Hong Kong firm. We also want to emphasize, that our specialists can help you to open an account for a Hong Kong enterprise in the EU payment system.
In order to start cooperation with IQD Consulting, call us at the contacts, listed on the site, or leave a request in the form below.