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Hong Kong is one of the leading banking centers in the world. Most of the largest global banking institutions have branches there, including HSBC, Citibank and Standard Chartered. Different banks may have different requirements for account opening, and the requirements will differ based on the company type (proprietorship or limited company, Hong Kong or overseas company, corporate or individual directors etc.). However, most banks will need at least the following documents to process your application: certified copies of business license or business registration certificate, certificate of incorporation, M&A, latest annual return; identification document of owner (passport), residential and permanent address proofs. Please refer to the banks websites for full details on account opening requirements. Initial deposit will also depend of the type/currency of account to be opened. It is usually about HKD5,000 or USD1,000. We can assist in opening a bank account for your company in Hong Kong, with HSBC (Business Direct). This is a multi-currency account, with zero minimum balance requirements and low initial deposit, which comes with a cheque book and an internal debit card (Plus Network) which you can use anywhere in the world. crusher
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