When a Hong Kong company is registered, it can open bank accounts in banks all over the world. The Hong Kong company can settle international trade only after opening bank accounts. When opening an account in an overseas bank, funds can be freely transferred from the overseas account, which is not subject to the domestic foreign exchange control. However, with the development of the global anti-tax avoidance era, many banks in Hong Kong are cleaning up the stock of accounts, raising the threshold for new opening, and adding the necessary conditions for purchasing financial management, which makes it difficult for many new Hong Kong companies to open an account.

Customers can contact the bank to open an account by themselves or entrust an agent company. If a customer opens an account by himself, due to the influence of region, language and time difference, he cannot timely and smoothly communicate with the overseas bank, and the bank staff will not have enough time to provide detailed and professional answers to the customer's questions. 

Is the information of Hong Kong company's bank account accurate? Is it complete? It has a great impact on the success rate and time of opening an account. Many companies fail to open bank accounts, mostly because of problems with the application documents. The requirements and fees for setting up an account vary slightly from bank to bank, but the documents and procedures required are basically the same. Therefore, customers had better choose a professional institution when opening an account, which not only can save time, but also can be more guaranteed in terms of data preparation, so as to improve the success rate of opening an account. When choosing professional institutions, we should be careful. Entrusting non-professional institutions to open an account may not only increase the cost, but also risk of failure. 

When we entrust our company to open an account, we will first provide customers with a detailed list of materials (basic information of Hong Kong company, basic information of domestic company, certificate of assets of directors and shareholders). We will assist customers to prepare the materials. After customers provide us with the materials, we will conduct the first audit, check and fill in the gaps and send them to the bank for review. In this way, the preparation of data will be more complete, and the time will not be prolonged because of the back-and-forth supplementary information. If you choose to open a package account, there is no need to buy additional financial products required by the bank. We will arrange our colleagues in Hong Kong to accompany you all the way on the day of your face-to-face signing, so as to give you a better experience. The account opening director does not need to come to Hong Kong in person. After our company's connection in the early stage, customers only need to communicate with the account manager face-to-face at the designated time for video witness, which saves time and effort, and is also the most recognized account opening method for many customers at present. 

After the customer's Hong Kong company successfully opens an account, our company will remind the customer of the matters needing attention and inform the customer of the matters needing attention in writing, so as to avoid the risk of account cancellation after opening the bank account.

CycloseFocusing on providing company audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many large state-owned enterprises and listed enterprises.