We are specialists in company incorporation, but more than this we have over 30 years’ experience in all elements of offshore businesses.
From£550.00
View Packages£550.00
Please note that a face-to-face meeting with HSBC bank in Hong Kong is required in all instances.
The Hong Kong and Shanghai Banking Corporation Limited was established in 1865 in Hong Kong and Shanghai to finance the growing trade between China and Europe.
The HSBC Group is one of the world's largest banking and financial services organizations with around 8,000 offices in 87 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa.
HSBC HK Commercial banking provides a range of full-service packages inculding cash management, commercial mortgages , Insurance, Loans and Finance, Investment, Payments, Cash manager, Cards, Foreign Exchange, Import and Export support.
Hong Kong has signed Double Taxation Relief Agreements with the following countries: Austria, Belgium, Brunei, Canada, Czech, France, Guernsey, Hungary, Indonesia, Ireland, Italy, Japan, Jersey, Kuwait, Liechtenstein, Luxembourg, Mainland of China, Malaysia, Malta, Mexico, Netherlands, New Zealand, Portugal, Qatar, Spain, Switzerland, Thailand, United Kingdom, and Vietnam
Company documents are required to be certified by a Hong Kong Certified Public Accountant. A business plan must be submitted with the account application.
HSBC Hong Kong requires the following personal documents from each director, beneficial owner and authorized signatory:
At least one director and account authorized signatory is required to visit HK.
There is a minimum deposit of HKD50,000 (US $1,250required for the establishment of a current account
The Minimum Balance requirement depends on the type of account held, as follows:
The bank offers online banking with the following features:
HSBC Hong Kong have the following cards available:
HSBC Hong Kong offers the following additional banking services
Once all required documents have been received by the bank and the application approved, the account can be opened in one working day. The exact time may be change if extra documents or approval are required by the Bank Compliance department.
The bank opens accounts in the following currencies: Hong Kong dollar (HKD), Renminbi (RMB), US dollar (USD), Euro (EUR), Pound sterling (GBP), Australian dollar (AUD), New Zealand dollar (NZD), Japanese yen (JPY), Canadian dollar (CAD), Singapore dollar (SGD), Swiss franc (CHF) and Thai baht (THB)
Outward payment (by internet banking) HSBC HK to HSBC HK bank account – no service charge HSBC HK to other bank account in HK – HKD55 / transaction HSBC HK to overseas bank account – HKD115 / transaction
Extra bank charges may be charged by local banks
From HSBC HK to HSBC HK bank account – no service charge From other HK bank account to HSBC HK bank account – HKD15 / transaction From overseas bank account to HSBC HK bank account – HKD65 / transaction
Extra bank charges may be charged by local banks
Popular offshore jurisdictions include those listed below. We are, however, equipped to form companies in most jurisdictions throughout the world.
Offshore Formations 247 have close working relationships with a number of international banks across the globe, specialising in the provision of international banking services for offshore companies.
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