How to open an offshore bank account in Hangzhou?

Hong Kong Hongzhi Certified Public Accountants will help you answer.

You can find a professional organization to help you save time and energy.

There are usually several situations in offshore account, which are briefly introduced as follows:

1. Local accounts and offshore account: For enterprises, local accounts refer to accounts opened by Hong Kong enterprises in local banks in Hong Kong; Offshore account refers to the accounts opened by Hong Kong enterprises in banks outside Hong Kong. For example, accounts opened by Hong Kong enterprises in Shenzhen, Shanghai, Malaysia and the United States are called offshore account.

2. Type of bank: The accounts opened usually include: Hong Kong dollar savings account, foreign currency savings account (including all common foreign currencies) and Hong Kong dollar checking account. All three accounts can accept letters of credit. But if you want to open a letter of credit, you must open a letter of credit account.

3. All directors should go directly to Hong Kong to open accounts: The Bank of Hong Kong requires that more than two thirds of the directors and shareholders (preferably all directors and shareholders) of the company must go to the bank to open accounts in person. If the account holder or company director is from Chinese mainland, he must hold a China passport or a pass to and from Hong Kong and Macao to open an account. Other directors and shareholders who do not need to be present at the meeting can sign the account opening documents (commonly known as signature witness) at the China branch of the Bank of Hong Kong, and the Hong Kong Head Office will send the documents to the branch before opening an account. Because this kind of account opening is complicated, you can check with us before opening an account.

4. Information required for opening a bank account of the company: original director's identity certificate (identity certificate, Hong Kong and Macao pass or passport, business card)/original business registration certificate/original registration certificate/articles of association/company seal/legal documents for registration (if any documents for name change, share exchange and capital increase are submitted together)/director's address certificate (proof of payment of water, electricity and telephone fees in the last three months)/business license/business.

5. Time required to open an account: Generally, the signing of bank documents can be completed within one hour. If you open an account in Hong Kong, guests can return to the Mainland on the same day. Hong Kong and overseas companies need to go through a search to open an account. Under normal circumstances, the bank will handle the account opening procedures immediately after receiving the complete company account opening documents and the information of shareholders and directors. After the account number is found, you can deposit in advance, and the account can be officially opened only after receiving the password and other information (such as transfer and wire transfer).

6. Matters needing attention after opening an account: a. Keep the bank statement, water bill and various company expense documents for future use; B. The bank search time is generally one to two weeks, which varies from bank to bank; C. the account can start from the notification date. If the account cannot be started within one month, the account will be automatically cancelled; D. If you want to open a private account, you need to bring the original ID card or passport, proof of address and deposit in advance; E. All companies that change their shareholders, change their company names and increase their registered capital must submit meeting minutes and documents signed by accountants to the bank (if the bank has a signature and seal, it should also submit the signature and seal of the company name after the change to the bank); Companies that have been in business for more than one year must submit annual reports, meeting minutes and documents signed by accountants to the bank.

Seven. Hongzhi's promise

Through the certificates and documents received by Hongzhi, we guarantee their authenticity, which is checked by professional lawyers in Hongkong, China and the United States. If there is any falsehood, Hongzhi shall bear legal responsibility, double indemnity.