Hong Kong banks generally require all directors of limited companies to open accounts in person. If the account holder or company director is from Chinese mainland, he must hold a China passport or a pass to and from Hong Kong and Macao to open an account.
2. Information needed to open a company bank account
Identification documents (ID cards or passports) of directors and shareholders, original set of documents for the establishment of the company/original business registration certificate/original registration certificate/original memorandum (articles of association) of the company/letter of recommendation signed by accountants and minutes of the company meeting/cash deposited in the new account/credit certificate or letter of credit issued by the bank (including: account holder's name, passport or ID number, letter of credit)
3. Fees and services for opening a bank account of a Hong Kong company.
Hong Kong local account: account opening fee HKD
There is no charge for opening an account in China.
4. Customer supply procedures:
A. the original business registration certificate;
B. a copy of the registration certificate;
C. a copy of the director's identity card;
D a copy of the complete set of documents for the establishment of the company;
E. two copies of the articles of association.
5. There are several differences between Hongkong account and offshore account account:
The first aspect is that the inflow and outflow of funds in Hong Kong are not controlled, while offshore account is an account opened by a foreign bank in China and should be supervised by the financial management institution in China; Banks in Hong Kong are supervised by the Hong Kong Monetary Authority. Therefore, offshore account cannot deposit cash at present;
Secondly, in terms of bank charges, Hong Kong local accounts rarely charge fees, while offshore account charges fees according to specific circumstances.
The third aspect is that the account opening documents are different. Offshore account can accept mainland ID card holders to open accounts, while local accounts in Hong Kong require the account holder to have a passport or pass.
Fourth, local accounts in Hong Kong are fully functional, while some functions in offshore account are limited.
The fifth is the speed of account opening. The former is faster and the latter is slower.