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Q: Can a HK registered company open a corporate bank account in Mainland?

Does anyone know if a HK registered company can open a corporate bank account in Mainland? If yes please tell me how, which bank, etc. Thanks!

7 years 36 weeks ago in  Business & Jobs - China

 
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Posts: 2418

Emperor

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No, you can not.  The corporate account must be tied to a mainland license.

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7 years 36 weeks ago
 
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You can open a bank account in Pingan Bank in mainland with HK company license, but the account is still offshore account, just like the HSBC offshore account.

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7 years 36 weeks ago
 
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No because to open a corporate account in the mainland, you need the three official company stamps (chops) issued by the mainland government. You also need various related documentation including taxation certificates.

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7 years 36 weeks ago
 
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General

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yes you can, there are two options, NDR or OSA. 

NDR means non domestic resident, OSA means offshore, NDR is usually intended for temp use, offshore usually for  long  term purpose.

 

 

 

 

 

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7 years 34 weeks ago
 
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Governor

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Phusix is correct  BUT either method gets you red-flagged by the Ministry of Taxation and you will be scrutinized.

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7 years 34 weeks ago

I want to go to Happy Valley!

 
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Governor

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Phusix is correct  BUT either method gets you red-flagged by the Ministry of Taxation and you will be scrutinized.

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7 years 34 weeks ago

I want to go to Happy Valley!

 
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Dear Friend,This is Sophia,From Unite-Win Int'l Business Ltd,I am a professional Consultant who help foreigners form company and open bank account  and sure to tell you that you can open a corporate bank account in Mainland .

 

The below banks accept HK company to open bank account :

1.Pingan Bank (we called Shenzhen Development Bank before)

2.Shanghai Pudong Development Bank   SPD

3.Bank of China

4.China Merchants Bank

5.BANK OF COMMUNICATIONS

 

Most our customers choose Pingan Bank and SPD for opening the bank account in the name of HK comapany.

 

For HK banks ,most people choose HSBC ,we can provide opening the HSBC bank account service .

 

No matter mailand bank account or HK bank account ,you can both handle you account via Internet Bank. You can also open a few  the company bank accounts in defirrent banks at the same time.

 

Any friends who are intrested in forming HK or China company  can ask me freely.

Telphone: 0755-82517805 ,Mobile:13631637936 or Email us to unitewin18@gmail.com    QQ:253528898  Sophia
www.unite-win.com    
 

 

Unite-Win has offered a wide range of company formation and business services in supporting clients with their  company formation, accounting,taxation and banking needs. we are formed by a group of fully qualified company registration, finance, accounting, business services and tax professionals.
We provide confidential, efficient,cost effective, high quality services with our clients over the long-term at competitive fees.

We offer the following services:     

Hong Kong company formation,

UK/BVI/Belize/Seychelles/Cayman offshore company formaiton,

China Company formation

Trademark registration,

Representative Office Registration ,

Incorporation of WFOE,

accounting and arrangement of audits in HK,

company secretarial services ,

Company Dissolution,

Opening bank accounts

 please contact us by Telphone: 0755-82517805 ,Mobile:13631637936 or Email us to unitewin18@gmail.com    Sophia
www.unite-win.com    
Add:9F,XIN’AN BUILDING .RENMIN SOUTH ROAD .LUOHU DISTRICT ,SHENZHEN CITY CHINA

 

 

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7 years 34 weeks ago

China/HK/Offshore Company Formation, Accounting & Audit Taxation Service,Trade mark registration,Visa Service ,Open HK Company Account,One stop Service ! WWW.UNITE-WIN.COM

 
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Governor

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I can help you set up an account and can also help you get new identity and citizenship

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7 years 34 weeks ago
 
Posts: 115

Governor

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hell no. until you have set up a company here, then you can have you chinese company bank account. 

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7 years 34 weeks ago
 
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