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How can Hong Kong companies open bank accounts to improve the success rate?

Released Date: Dec 14,2022 Article Source: HUANZE

After the establishment of a Hong Kong company, it is theoretically possible to open bank accounts in banks all over the world. However, with the anti-tax avoidance work carried out by the global government, banks in Hong Kong and around the world are clearing the stock accounts, raising the threshold for new opening and increasing the difficulty of opening accounts for newly registered companies. Under such circumstances, how should the newly established Hong Kong company improve the success rate of opening accounts?

Hong Kong companyAfter the establishment, it is theoretically possible to open bank accounts in banks all over the world. However, with the anti-tax avoidance work carried out by governments around the world, banks in Hong Kong and around the world are clearing their stock accounts, raising the threshold for new opening and increasing the difficulty of opening accounts for newly registered companies. Under such circumstances, how can newly established companies in Hong Kong improve the success rate of opening accounts?

First, the company should contact the bank itself. In this case, the target bank should be contacted before opening an account. After asking the information and requirements required for opening an account, the company should prepare the information positively and correctly, because it will greatly affect the success rate and time of opening an account. Many companies fail to open bank accounts, mostly because of problems with the application documents.

Second, find a professional agency, because the account opening agency is a cooperative relationship with the bank, opening an account will save time than dealing with it by yourself. The conditions and fees for the establishment of bank accounts will be slightly different, but the materials and procedures to be prepared are basically the same, so customers can also choose a professional agency when opening an account, and the agency is fully responsible for opening an account, so as to improve the success rate of opening an account.

How can Hong Kong companies open bank accounts to improve the success rate?

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