Hong Kong Bank Account

hong Kong Offshore Bank Account Business

2009-10-06T02:31:00.000-07:00

Hong Kong Offshore Bank has its own special characteristics read on to discover why you should being doing business with a Hong Kong Banking base.

More than 50% of the worlds’ greatest financial institutions have some kind of presence in Hong Kong. Not only are there many banks in Hong Kong but also a plethora of investment houses. Investment house are not banks though they may render very similar services.

Requirements to open a bank in Hong Kong are very strict. Backgrounds of all persons involved in the opening are done and a very large paid-in capital are needed making it a very safe place to bank.

So any licensed bank in Offshore Hong Kong Bank is the available to conduct your business, letter of credit and general trading.

Why do your Offshore Banking in Hong Kong?

2009-10-02T19:55:00.000-07:00

Hong Kong Offshore Bank is definitely well known for its banking infra-structure. Thereare no restrictions for fund flow into or out of Hong Kong bank accounts. The identity of account holder and transaction information are also subject to very high standard of confidentiality. Comparing with some kind of offshore bank account available in certain country, the benefits include :

* No risk of service being terminated - banks offering offshore bank account service may not having formal approval from local government.

* Clear location of bank account - the accounts are opened in Hong Kong. But some offshore bank accounts are in cities, such as Shenzhen or small offshore islands. Client may never have the opportunity to visit the bank.

* Lower minimum bank account balance - in Hong Kong, the minimum bank account balance can be as low as HK$3,000. Below which a monthly administrative service fee of around HK$50 will be charged. However, minimum balance of most offshore bank accounts is around US$5,000 and corresponding service fee is around US$50. The difference in service fee is 7 times.

* Cash deposit and withdrawal are available - clients may deposit and withdraw fund by cash or by transfer via any Hong Kong branch office of banks. However, for most offshore bank accounts, only wire transfer is acceptable

* Available to all nationalityies - in China, foreign banks offer service of offshore banking for foreigners and foreign companies (such as a Hong Kong company), however, in case of a company, banks request that majority of the shareholders are foreigners.

Open a Company Hong Kong Offshore Bank Account

2009-09-30T19:30:00.000-07:00

Offshore Hong Kong Banks usually require companies registered in Hong Kong to provide the following documents to open an account:

1, Hong Kong Institute of Company Registration Certificate (Certificate of Incorporation)

2, Hong Kong Institute of Company Business Registration Certificate (Business Registration Certificate)

3, the Hong Kong company's constitution (Memorandum and Articles of Association)

4, the first directors and company secretary's appointment information (Appointment of First Directors and Secretary), the establishment of more than one year
Companies need to provide annual returns.

5, the Hong Kong register of shareholders of the Company (Share Registers)

6, Hong Kong companies signed chapter (usually rectangular)

The above information has been designated by the Secretary I Secretary of the Hong Kong statutory registration process is completed and made available to the company.

7, the Hong Kong company's board of directors resolution: Offshore Hong Kong Banks usually have the standard version, company directors can be signed at the scene.

8, the directors identity documents: passport or identity card must be used and the register of directors on the same documents.

9, authorized signatory identity documents: passport or ID card, authorized signatory is authorized by the directors have the right person account signature may be by the shareholders, Dong
Things and other people who may be one or more persons. Signature can be a single sign or two to sign.

10, directors and authorized signatories living proof of address: You can use the most recent bank statement, water bill, electricity bill or gas bill.

11, open an account form: provided by banks, you can fill in the scene.

12, seal cards: provided by banks, the need for face-to-face signature.

13, to verify the evidence of this (Certified True Copy): to verify the certification by the Hong Kong Institute of Certified Public Accountants or lawyers signed by the shares free of charge.

You be be able to open a Hong Kong Offshore Bank Account with the above information

Hong Kong Offshore Bank Business

2009-09-28T21:36:00.000-07:00

International businessmen have a soft spot for Hong Kong Offshore Bank. The reputation of Hong Kong’s as a offshore banking and financial center is known worldwide.

It is easy and straight forward to open a bank account in Hong Kong. If you have all the necessary documents with you the opening of the account should be easy and all documents will be available immediately.

All banks offer multicurrency accounts which are a great service for import export companies dealing with many countries.

Citibank and HSBC both have strong presences in the territory and may be your Hong Kong Offshore Bank of choice.

Use a Hong Kong Offshore Bank Account

2009-09-26T08:21:00.000-07:00

Why Should You use a Hong Kong Offshore Bank Account?

Hong Kong is certainly well known as banking financial center. There are no restrictions for remitting or withdrawing funds of Hong Kong bank accounts. There are strict with the confidentiality of the identity of account holders and all transaction information. Some of the benefits of a Hong Kong offshore bank account include :

- Withdraw or deposit cash in any bank branch

- Low minimum bank account balance

- People of all nationalities may open accouts

- Hong Kong Offshore Bank accounts can be opened for offshore companies.

Hong Kong Offshore Banking

2009-09-23T04:02:00.000-07:00

Offshore Banking in Hong Kong is a necessity for your business. Hong Kong's low business taxes make it a great place to do business.

Taxation is based on territoriality that is why import export offshore companies are in great use there. Though taxes are low not all banks will open accounts for non Chinese individuals. They don't say so bur if you are a walk in bank client requesting to open an account, you may very well be ignored.

To avoid problems it is best to secure the help of local service company who registers corporations to assist you with a banking reference to avoid problems.

Hong Kong Offshore Bank

2009-09-21T06:02:00.000-07:00

Hong Kong Offshore Bank you need to be at your best with import and export is the trade secret to do business in the region.

For your Hong Kong company you need a to have a bank account in a trusted institution.

Many banks can be found to suit all your needs, in China and worldwide.

Having a reference will help immensely if not mastery of the Chinese language will help get attention.