Many foreign trade companies, cross-border e-commerce business owners to register a Hong Kong company is to open a Hong Kong public account to receive payments, recently received a lot of private letters from the boss said that Hong Kong company account opening is very difficult to find another company on behalf of the opening of a month or two has been rejected, very much affecting the progress of doing business, that in fact, Hong Kong company account opening is very simple! As long as you choose the right bank, it is simple.

Those who say it is difficult to open an account for a Hong Kong company either don't have a channel or won't be able to match the right account opening bank.Today, Enterprise Caiying editorial to give you a detailed explanation of the Hong Kong company account how to choose according to their own actual situation, the bosses can be the right number to the seat~

Of course, the bank's policy changes in real time, the specific account opening requirements will also change, after reading or do not know how to choose then you can directly add our customer service(WeChat: jxhqcy890 / Mobile: 16625410105)We will arrange a business manager to talk to you one-on-one in detail and match you with the right account opening bank!

There are two scenarios:1. There are domestic affiliates:

• Purchase contracts/sales contracts and corresponding invoices are available, with an annual turnover of more than 3 million dollars:

selectableHSBC, Hong Kong; Bank of East Asia, Hong Kong; DBS Bank, Hong Kong; and OCBC Bank, Hong Kong.

• No invoices corresponding to purchase contracts/sales contracts

selectableDah Sing Bank, Hong Kong; Hong Kong Construction Bank (Asia); Bank of East Asia, Hong Kong; Bank of Communications, Hong Kong.
2. No domestic affiliates, with Hong Kong purchase and sales contracts and invoicesThis time also depends on the shareholders of the Hong Kong company:

• A Hong Kong company has 2 or more shareholders:

selectableDah Sing Bank, Hong Kong; Bank of East Asia, Hong Kong; Hong Kong Construction Bank (Asia)

• Hong Kong company with 1 shareholder proposed

①open offshore e-banking (MilesHub, PanPay, Fortune Harbour, HSBC NRA account) ②purchase wealth management and insurance, open Bank of Communications ③Construction, East Asia, (but the account opening cycle of half a year, very long)
Hong Kong company bank account opening options are too many, I just list a few of the more common cases here, each company's situation is different, can open down the Hong Kong bank account is also different.

香港的银行多，但是并非每家银行都适合开公户，若选择了不合适的银行，被拒绝的风险也比较大，若自己无法把控哪家银行对自己的公司有利，不知道怎么搭配保障，或者是想让企财盈帮忙定制方案的老板们，可扫码添加我司在线客服(WeChat: jxhqcy890 / Mobile: 16625410105)We will arrange professional managers to answer your questions and provide professional advice and全程一对一服务↓↓↓全程一对一服务

02.Potential benefits of opening a Hong Kong company account for international business

✨ [Benefit 1] Tax Advantages

Low tax rates:The corporate income tax rate in Hong Kong is only 16.51 TP3T, and for enterprises with annual profits not exceeding HK$2 million, the tax rate is even halved to only 8.251 TP3T. In addition, there is no value-added tax (VAT) or sales tax in Hong Kong, and dividend and interest incomes are also subject to a zero tax rate.

Tax planning is flexible:Hong Kong's highly transparent legal and business environment provides enterprises with stable and flexible room for tax planning. For example, profit withholding and tax optimization can be achieved by setting up a company in Hong Kong to engage in re-export trading.
✨ [Benefit 2] Free Flow of Funds
No exchange controls:Hong Kong has no foreign exchange control on enterprises and individuals, and funds can flow in and out freely without restriction. This makes enterprises more efficient in international trade and investment and more flexible in capital operation.

Multi-currency accounts:Hong Kong bank accounts support a wide range of currencies, including Hong Kong Dollar, US Dollar, Euro and Renminbi. Enterprises can easily make multi-currency deposits, withdrawals and exchanges according to their business needs, reducing exchange rate risks and meeting international settlement requirements.
✨ [Benefit 3] Efficient international business settlement
Efficient international remittance systems:Hong Kong banks work closely with major financial institutions around the world, making international remittances fast and efficient. Enterprises can utilize Hong Kong bank accounts to quickly complete cross-border fund settlements, shorten transaction cycles and enhance operational efficiency.

Reduce cross-border transaction costs:Cross-border fund transfers through Hong Kong accounts are relatively convenient and can help companies better manage their funds and reduce transaction costs.✨ [Benefit 4] Investment facilitation

Direct participation in international financial markets:After opening a Hong Kong account, companies can directly participate in trading in the Hong Kong stock market, bonds and other investment products, gaining access to more diversified and internationalized investment opportunities than those in the domestic market, and helping to achieve wealth appreciation.

Convenient overseas investment management:For high net worth individuals and corporations, a Hong Kong account provides a convenient way to store and manage overseas funds, allowing for greater wealth diversification and value preservation and appreciation.

香港的银行多，但是并非每家银行都适合开公户，若选择了不合适的银行，被拒绝的风险也比较大，若自己无法把控哪家银行对自己的公司有利，不知道怎么搭配保障，或者是想让企财盈帮忙定制方案的老板们，可扫码添加我司在线客服(WeChat: jxhqcy890 / Mobile: 16625410105)We will arrange professional managers to answer your questions and provide professional advice and全程一对一服务↓↓↓全程一对一服务