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Showing posts with the label Corporate Bank Account,

7 Frequently Asked Questions about China Company Registration

Business China is a licensed leading firm in China specializes in  China business registration . To better navigate the competitive China market entry and penetrating, Business China provides efficient services and service process. 7 frequently asked questions about setting up a limited company in China, please check below. Am I required to go to China to get my China company started? 99% could be settled through email, the legal representative of the China company will need to come to open the bank account once the company has been established. So, you are not required to come to China physically to start China company registration. What is the capital injection requirements? China introduced “registered capital” concept for several years to better attract high-quality foreign investment. In other words, no injected capital needed in the first 15-25 years for the foreign-invested companies. What is the fastest way to set up a wholly foreign owned limite...

How to Guarantee a HK Corporate Bank Account?

Hong Kong has long term been a hotbed for businessmen with budding business ideas. Incorporation in Hong Kong is quick and easy.   Since 2016, HSBC Hong Kong first gradually tightened its commercial account opening requirement, Hang Seng Hong Kong follows. Recently a lot of expats stuck in the corporate bank account opening in Hong Kong after company incorporation. Information or comments about the difficulties of opening a bank account in Hong Kong is everywhere.   Based on the cases and experience, we compare and see there are 4 Steps to get a guaranteed HK Corporate Bank Account Even as a Startup:   First, Get a Basic Understanding of Hong Kong Bank’s KYC “Know Your Customer Policy” & Anti-money Laundry Policy For expats, they can walk into a random branch in their country and get a clear guidance by the bank mangers there. Within a week, they will get a functional bank account without any abundant supporting documentation or detailed explanation. Well, this is not...