Updated on December 2016
Before opening a bank account in Hong Kong you should understand the main advantages and disadvantages of the Hong Kong banking system.
There are only few banks in Hong Kong accepting bank account opening for non-residents, so in front of this situation you should consider carefully who will assist you and provide Hong Kong bank introduction services to your company.
Bank account opening in Hong Kong, the advantages:
The disadvantages of bank account opening in Hong Kong:
Our Hong Kong bank introduction services consists of establishing an enhanced due diligence for the bank with explanation and documented proofs of your past and current activities as well as explanation about the new company activities with a simplified financial forecast.
The Hong Kong banking system is particularly well adapted for an offshore corporate bank account opening, but opening a private bank account in Hong Kong is very difficult as basically nobody could help you and you have to walk-in and request the opening of such with a low success rate.
Opening a private banking account in Hong Kong:
Hong Kong stock market is the fifth in the world with one of the most active IPO offerings which raised nearly 30 Billion USD in 2014.