Can I remit money from a Hong Kong company account to an individual account in the Mainland?

Yes, Hong Kong companies can remit money to personal accounts in Chinese mainland.

However, it should be noted that due to the different currencies of Chinese mainland and Hong Kong (Hong Kong uses Hong Kong dollars and Chinese mainland uses RMB), remittance may be affected by exchange rate adjustment. It should also be noted that remittance may be restricted by policies and regulations, so financial institutions or institutions that comply with laws and regulations should be consulted before remittance.

According to Article 2 of the Detailed Rules for the Implementation of the Measures for the Administration of Individual Foreign Exchange, the annual total amount management is implemented for individual foreign exchange settlement and domestic individual foreign exchange purchase. The annual total is equivalent to 50,000 dollars per person per year. The State Administration of Foreign Exchange may adjust the annual total according to the balance of payments.

The settlement and purchase of foreign exchange within the individual's annual total amount shall be handled at the bank with his valid identity certificate; If it exceeds the annual total, it shall be handled in accordance with Articles 10, 11 and 12 of these Rules under the current account, and in accordance with the relevant provisions of "Personal Foreign Exchange Management in Capital Account" of these Rules under the capital account.