Offshore account is actually an offshore bank, which is a financial activity for non-residents. Banks absorb funds from non-residents. For enterprises, offshore account refers to accounts opened by Hong Kong enterprises in banks outside Hong Kong. For example, accounts opened by Hong Kong enterprises in Shenzhen, Shanghai and the United States are called offshore account.
To open a offshore account, you need to prepare relevant materials according to the regulations of the bank. The signing of bank documents can be completed within 1 hour. If it is held in Hong Kong, guests can return to the mainland on the same day. Hong Kong and overseas companies need to go through the search stage to open accounts. Under normal circumstances, the bank will go through the opening formalities immediately after receiving the complete company opening documents and the information of shareholders and directors. After the audit, you can deposit in advance, and you can officially open an account (such as transfer and wire transfer) after receiving the password and other information.
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