Hong Kong, the International Financial Centre and safe haven for tax savings, has
numerous International Banks with world wide offices. For the opening of a bank account
these banks merely require a copy of a passport and an address of their client so
that they can comply with the legal Hong Kong requirements.
The Law also demands that Banks in Hong Kong may NOT submit any details of their
account holders without their expressed permission.
No assets control
Hong Kong knows no assets control. Funds on a Hong Kong bank account may freely be
deposited, transferred or withdrawn without being subject to control or taxation
All banks in Hong Kong must, with respects to the strict regulations governing financial
institutions, keep any and all information concerning their clients confidential.
Only if a client is suspected of fraudulent, criminal activities or tax evasion in
Hong Kong ( NOT evasions or activities in other countries!) will information be given
to the Hong Kong authorities. Furthermore the judicial, tax and economic authorities
in Hong Kong may not provide information to any party, not even authorities in other
Most clients who purchase an offshore company also need banking and investment services
to enjoy the full benefits of going "offshore". Our financial department provides
a full range of banking and investment services through its affiliates in various
countries. We are able to handle the entire account opening process for you so you
do not need to visit the bank or investment company in person. Depending on the bank
selected, credit cards and/or debit cards are available, together with ATM cards,
telephone banking and internet banking services. We can assist you with offshore
banking in Hong Kong.
Establishing a Bank account
Banking services like checking accounts, multi-currencies accounts, international
debit and credit cards, trading support, internet banking, funding etc. are indispensable
for any business. Opening an Offshore Hong Kong bank account does not require personal
presence, however most Hong Kong banks require clients who will not visit the bank
personally to be introduced to the bank via a valid introducer for the bank. We are
in good contact with reliable and user-friendly banks, locally and internationally.
All the banks are different from each other. Establishing an offshore bank account
is not a simple matter and some offshore and international banks may take more than
one month to open a bank account from receipt of the completed documents. Upon understanding
your business objectives and personal requirements our consultants will be happy
to advise you on a suitable bank and bank account to meet your specific needs. We
can assist in establishing Hong Kong bank accounts with the following banks: