KR
HONGKONG CORPORATION
MANAGEMENT
Bank Account
Bank Account
Those who have completed the establishment of a corporation are required to open a bank account for practical operation. Hong Kong bank accounts are easy to trade on a variety of currencies, making it particularly easy to transfer funds into China.
Opening requirements
- Companies registered in Hong Kong (private companies / corporations)
- Offshore company such as BVI
Recommended banks
01Foreign banks
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| Bank Of China | OCBC |
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02Korean banks
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| KEB Hana Bank | Industrial Bank of Korea |
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Required documents
01Hong Kong Company documents
- Private Information Director / Signer
- Business plan
- Company document (CI, BR, M&A, etc.)
02Parent company documents
- Business Registration
- Bank transaction history
- Shareholders list
- Business transaction documents (Invoice, contract paper)
L/C Account
Open Trading Account for L/C payment
A "Trading Account" must be opened for L / C settlement and a trade contract or invoice sample must be provided for opening a "Trading Account".
If you are dealing with a new bank, the bank usually requires 100% cash or real estate collateral to open the L/C.
