Tax free in most of the offshore jurisdiction attracts many entrepreneurs to register their entities. However, the increasingly stringent of account opening for offshore companies has created much headache. As an example, HSBC/Hang Seng Bank/Bank of Communications/Public/Chong Hing Bank in Hong Kong refuse to open an account for an offshore company nowadays.
Can an offshore company open a bank account in Asia?
You can consider the following bank: 1. Hong Kong OCBC Wing Hang Bank 2. Hong Kong UOB 3. Hong Kong DBS Bank 4. ABC Banking Corporation Limited, representative office in Hong Kong 5. OCBC Bank Singapore 6. UOB Singapore 7. DBS Singapore 8. Chouzhou Commercial Bank in China
If you want to know more, please do not hesitate to contact us:
Whatsapp : (852) 6499 4686 Phone : (852) 2186 6936 Email : info@intershores.hk
Disclaimer: Whilst reasonable care has been taken in provision of information above, it does not constitute legal or other professional advice. INTERSHORES does not accept any responsibility, legal or otherwise, for any error omission and accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, readers are advised to take appropriate professional advice before committing themselves to any involvement in jurisdictions, vehicles or practice.
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