Know Your Client Procedure

Most banks follow strict due diligence procedures to avoid money laundering and terrorist financing.

If you would like to open a bank account for your company in Hong Kong, here is a list of what bankers may request while attempting to open a bank account in Hong Kong:

• Full set of documents (either originals or certified copies by a notary or the registrar or by the municipality) of the company. The set should include:

–          Certificate of Incorporation

–          Articles and Memorandum

–          Extract from the Trade register

• Certified copies of all company documents (certified by a practicing CPA)
• Certified copies of passports of the beneficial owners and company directors. The passport copies can be either certified by a notary or by a practicing CPA.
• Proof of address for all beneficial owners (e.g. scan of an utility bill not older than 3 months).

Startupr has a very high success rate of opening bank accounts in Hong Kong. Therefore, if you need any assistance, contact us at: info@startupregistry.hk