How to open a Hong Kong company bank account? What are the advantages of opening an account?

Opening an account with a Hong Kong bank has the following advantages:

1, no foreign exchange control

Hong Kong has an independent financial market system, which is not regulated by the mainland, and there are no restrictions on foreign exchange receipts and payments. You can receive and pay foreign exchange funds freely and realize flexible transfer of funds.

2. Promote financial transactions.

Hong Kong bank accounts can be used to buy Hong Kong stocks, gold, foreign exchange and other transactions.

3. Promote international trade settlement

As an international financial center, many banks in Hong Kong provide faster and more convenient foreign exchange settlement for enterprises.

4. Exemption from deposit interest tax

In order to promote the internationalization of Hong Kong, the Hong Kong government abolished the deposit interest tax, and the actual income of deposits was higher.

5. The account operation is simple

Online banking can open transactions anytime and anywhere, with free access to funds and simple and convenient operation.

6. Enhance the company image

Hong Kong has a strong international reputation, which makes it easier to gain the trust of customers and enhance the competitiveness of the company.

7. Improve the comprehensive operational efficiency of domestic and foreign funds.

We can make use of the full-service characteristics of Hong Kong banks to reduce the comprehensive cost of funds, speed up the turnover of domestic and foreign funds and improve the efficiency of capital use.

It is worth noting that at present, due to the strict examination of customers, it is difficult for Hong Kong banks to successfully open accounts if they are not high-quality customers, while excellent agency companies, such as Kitten, are familiar with the relevant information of banks and cooperate directly with banks to help you open accounts quickly.

Hong Kong companies can apply to the bank to open an account after registration. It is common to apply for a local bank account in Hong Kong directly, and you can also apply for a bank account in other offshore areas.

Hong Kong company account opening process:

1. Purchase service

Step 2 Submit information

3. First trial

4. Bank preliminary examination

Make an appointment to open an account

Open an account successfully

Account opening time varies from bank to bank, and it usually takes 4-8 weeks. Kittens go out to sea to cooperate with a number of banks, and can directly enter the VIP channel to help you open an account quickly.

References:

Hong Kong company bank account opening strategy, clear at a glance!