How much does it cost to register a Hong Kong company?

The cost of registering a Hong Kong company with Dixin Credit is RMB

Many customers usually need to open an offshore account after setting up an overseas company, and there are many issues to pay attention to during the account opening process. Di Credit will summarize the bank for you below Frequently asked questions about account opening for your reference.
How to open a bank account after establishing a company?
When opening an account, all directors of the company must go to the bank in person. You can choose to open an account in Hong Kong or a foreign bank in China. The one in Hong Kong is called a local account, and the one in the mainland is called an offshore account. The accounts you open usually include Hong Kong dollar savings accounts ( ), foreign currency savings accounts (including all common foreign currencies), and Hong Kong dollar checking accounts.

All three accounts can receive letters of credit. But if you want to issue a letter of credit, you must open a letter of credit account.

The documents that directors must prepare when opening an account include the original of the director’s identification document (identity certificate or passport)/original business registration certificate/original registration certificate/original company articles/cash deposited into the new account/if If a signature is required to be witnessed, the director also needs to prepare the original credit certificate issued by the bank where the director is located (the credit certificate should contain the name of the account holder, passport or ID number, account opening date, deposit amount, and the words "good bank transaction record").

In which cities in the Mainland can I open an offshore account?
Currently, offshore accounts can be opened in some Hong Kong banks in Shenzhen, Shanghai, Guangzhou and Xiamen. If it is inconvenient for customers to come to Shenzhen, they can do signature witnessing in Shanghai, Hangzhou, or Beijing. You can use the password to instruct the bank to operate the account by phone or fax in a remote location. Banks now accept online banking operations.

What are the differences between local accounts in Hong Kong and offshore accounts in the Mainland?
There are several differences between Hong Kong accounts and offshore accounts. The first aspect is that the entry and exit of funds in Hong Kong are not controlled, while offshore accounts are accounts opened by foreign banks in China and should be supervised by China’s financial management agencies. . Therefore, offshore accounts currently cannot deposit cash. Secondly, in terms of bank fees, local accounts in Hong Kong rarely charge fees, while offshore accounts charge per transaction. The third aspect is that the account opening documents are different. Offshore accounts can accept mainland ID card holders to open accounts, while local accounts in Hong Kong require account holders to have a passport or pass. Fourthly, Hong Kong local accounts have full functions, while offshore accounts are limited in some functions. Fifth, in terms of account opening speed, the former is faster and the latter is slower.

Can a company open multiple accounts?
There is no distinction between basic accounts and non-basic accounts when opening an account in Hong Kong. Businesses can open as many accounts as they need. Their functions and status are the same. From a bank's perspective, there is no necessary connection between them. However, before doing the accounting, a list of all bank transactions must be submitted together.