Bank Account Opening
We would like to share with you How to Setup Hong Kong Bank Account.
There are some significant skills and useful tips to know more about How to setup Hong Kong Bank Account.
As one of financial centers in the world, Hong Kong has very effective and sufficient infrastructure for doing business and making investment.
Hong Kong has worldwide reputable banking facilities and infrastructure which allows no restriction money flow, thus getting bank accounts in Hong Kong are necessary.
Due to global anti money laundry involved, many banks become stricter on selecting their corporate clients.
We are going to provide the basic information when apply for bank account in HK. The standard may a bit different and subjected by the bank.
The procedure before opening Bank
First of all, understand the procedure before opening bank account.
Company, Branch office and representative office. Applicants feel difficult since they still lack knowledge for opening bank accounts.
We can say that the bank will check all corporate customer of their background about KYC Know Your Customer and KYB Know Your Business.
Related to KYC, they will check all director/shareholder and authorized signatory be requiredto provide the identification documents and latest address proof to grant due diligence, regarding to corporate documents as Certificate of incorporation, Business Registration Certificate,
Incorporation form and articles of association etc. should be provided.
In addition to knowing the KYC obligations, non-resident enterprises are required to provide additional documents like business proof to comply with KYB.
The main reason for KYC (Know Your Custmor)
The main reason for KYC (Know Your Customer) and business proof is to allow the banker understand:-
1) The reason to setup Hong Kong company and bank account;
2) It is a legitimate business of Hong Kong company.
Currently if you have your own business in trading industry, you can provide the business
proof like invoice , sales/purchase contract with the bill of lading . If you would like to own new start up business, it is necessary to provide the supporting documents explaining
the relevant background in your industry, which just like to prove that you have the network, relevant knowledge and rich experience to run the business and targe to expand your business, sometime bank will require to provide the proposal/ business plan of your business.
Each bank may set out certain requirements for non-residents. However, to complete account opening process in Hong Kong can normally take up to 1-2 months.
If bank request more information/ supporting documents during the application review, it may take longer time. And, one more thing we would like to point out here is the bank may request for the average minimum balance to keep in account all the time once the account opened, otherwise may charge the monthly fee, so that you may consider it when you choose the bank to setup account.
Whatever the solution you may choose for your Hong Kong bank account opening, it’s advised you should engage a professional service provider in Hong Kong who will help you to get everything done in advance.
With no doubt, the local knowledgeable financial advisors will always know the rules for how to open a Hong Kong bank account in the most effective manner.
[Hong Kong] Annual Return Submission >>
[Hong Kong]Significant Controllers Registers (SCR) >>
We are regularly holding webinars. To make the dream of starting your overseas business come true with us.
Hong Kong Bank Account opening
Premiatnc
Related Posts
[베트남 小小한 이야기] 설날(Tết)이 다가오면 베트남의 시간이 느려집니다
베트남에서 일을 하다 보면, 매년 1~2월 즈음 꼭 듣게 되는 말이 있습니다.
“Tết 전에 처리해야 합니다.” “Tết 지나서 다시 이야기합시다.” 처음 베트남에 오는 한국 투자자라면 이렇게 생각하실지도 모릅니다. “설 연휴겠지. 한국이랑 비슷하겠지.” 하지만 베트남의 구정, 뗏(Tết) 은 한국의 설날과 닮아 있으면서도, 전혀 다른 결을 가진 ‘시간의 경계’ 입니다. 베트남에서 Tết는 휴일이 아니라 한 해를 닫고, 다시 여는 의식에 가깝습니다.
싱가포르 개인소득세: 배당금 과세 여부 총정리 (2026)
싱가포르 배당금은 대부분 개인소득세 비과세지만, 협동조합 배당·파트너십 경유 해외배당·REITs 분배 등은 과세될 수 있습니다. 예외 기준, 소득 인식 시점, 신고(Other Income) 방법과 증빙 5년 보관 체크리스트까지 한 번에 정리했습니다.
홍콩 세무 신고에 관한 세가지 팁
홍콩의 세무 신고 및 납세를 적시에 하지 못하는 것은 사업 이미지에 좋지 않은 영향을 미치므로 세무 신고를 정해진 기한 내 완료하는 것은 법인 운영에 있어 중요한 요소 중 하나입니다. 중요한 3가지 세무 신고를 효과적으로 할 수 있는 홍콩 세무 전략에 대해 알아보겠습니다.
비즈니스 / 컨설팅 문의하기
비즈니스 / 컨설팅 문의하기