We will help you become a bank client

Crystal Tax offers high-quality services of professional lawyers who will help you quickly and seamlessly open a Hong Kong bank account on the most favorable terms.

Opening a bank account in Hong Kong: advantages

The main advantages that distinguish Hong Kong banks for opening an account are why many companies seek to open an account:

  • stable and reliable banking system;
  • convenient geographic location;
  • high-quality banking service.

Jurisdiction benefits:

  • opportunity to open local bank accounts;
  • absence in the lists of dubious offshore territories;
  • you can apply for a residence permit;
  • no tax on income earned outside the territory;
  • Enter Asian markets, including Singapore and China.

If you are interested in this jurisdiction, order consultations from us, and we will show you how to open an account in Hong Kong.

Why is it prestigious to open an account in a Hong Kong bank?

Hong Kong is currently one of the most prestigious jurisdictions not only in East Asia, but throughout the world. It provides ample opportunities for efficient business, so many business owners want to register and open an account in Hong Kong.

This special region is a financial center with almost a hundred of the largest banks, regulated by the Office of the Currency.

How does it work to open a bank account in Hong Kong?

Let's face it, in this matter, it is impossible to do without the help of experienced lawyers, since such a procedure as opening an account in a Hong Kong bank is a rather complicated task. The whole reason is that the client must fully comply with all the requirements of the bank:

  • be prepared to be rejected without giving a reason;
  • be tied to China;
  • use only legal business schemes and be the real beneficiary;
  • Company must be registered in Hong Kong, Singapore or China;
  • personally attend a meeting with bank representatives;
  • actively use a bank account, transactions should take place almost daily.

Our task and client – prove full compliance with high requirements. This makes it almost impossible to manage the process of obtaining an account in a financial institution on your own. Only experienced professionals know what strategy to build in each case.

Opening an account in Hong Kong with us benefits

Working with Asian banking systems is one of the most difficult tasks that our specialists face, but we know how to act in any situation.

We will help you properly prepare all the necessary documentation and guide you through each step of the procedure. Our specialists work individually with each client and act in accordance with his wishes and possibilities.

With Crystal Tax, opening a Hong Kong bank account is quick and hassle-free.

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Maksym Stepanenko

Maksym Stepanenko

Managing Partner, Crystal Tax

International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.

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Our advantages

International business, end to end

Corporate structuring, company registration in Ukraine and abroad, tax and reporting, migration, bank accounts, DUNS and NCAGE codes. We run the whole project, from choosing the solution to the finished documents.

Confidentiality under contract

Confidentiality terms are set out in our contract. We do not pass information about a client or their project to third parties, except where the law expressly requires it.

Choosing a jurisdiction

We compare jurisdictions against your business task: tax regime, reporting, substance requirements and access to banking. On the call we go through the upsides and the limits of each option.

Timelines and data

We name the timeline for every step before the work starts — it depends on the jurisdiction, the registrar and the bank. Personal data is used only to deliver the service.

We deal with authorities and banks

We handle the correspondence with registrars, government bodies and banks and answer their requests ourselves. From you we need documents and signatures.

We see every case through

We take each case to the finish: if an authority or registrar comes back with remarks, we revise the documents at no extra charge. The fee is calculated for your task before work starts.

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