7 Frequently Asked Questions Regarding China Business Bank Account Opening

Business China offers china company registration services including China Wholly Foreign Owned Enterprise (China WFOE or China WOFE), Joint Venture (JV), Representative Office (RO or Rep Office). The first thing comes across after the China company registration is to open business bank account.

Business China summarizes 7 frequently asked questions regarding China corporation bank account opening.

How many times legal representative should present in China for bank opening?

ONLY ONE TIME is required. If the legal representative cannot make the trip, please contact us for legal representative nominee service.

What information I should give to my client if I need to collect money from them?

We will email you all needed information when the account is ready. Please feel free to contact us if you need any assistance.

My client request for official invoice from me after he wired money to my account. Can you help?

Yes, as long as your Chinese client wired money to your business account under your China foreign entity, we will help you to apply for and issue an official invoice to your client after they provide company name and uniform social credit code.

How long does bank account opening take?

Normally 3-4 weeks to finalize.

Can I manage my business account while I based overseas in UK after WFOE incorporated in China?

Yes, Business China will courier banking device to you after bank account issued. With internet and initial password, you could logo into your account and manage your bank account.

Why Business China?

We have a network of HK bankers and we approach feasible banks only. Business China provides the whole set of HK company setup and bank opening and we spare no effort to support you all the way.

If I contact Business China, can you understand me?

Our staff all could speak fluent English.

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