ABSCPA - Hong Kong Company Incorporation, Offshore Company Formation

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Hong Kong Company Incorporation / Offshore Company Formation by professional accountant.
Charity Linking
(
8610
)
6563 7980
E-mail :
Fax :
(
852
)
8102 2593
(
852
)
8102 2592
(
8620
)
6113 8419
(
8621
)
5836 2605
ABS & Co.
Certified Public Accountants
 
Banks in Hong Kong may change policy in bank account opening requirements without prior notice. Although we endeavors to keep information update, availability of our service and charges still subject to :
  • Final approval of the bank.
  • Overseas branch and office network of the bank.
Our company herewith does not take up responsibility of client’s loss due to unsuccessful opening of bank accounts.
 
RMB Trade Settlement Account
RMB Trade Settlement scheme launched in Hong Kong since June 2010.

Using Hong Kong company and Hong Kong business bank account can enjoy below :

RMB cash withdraw
  • RMB cash withdraw is possible at HK branch;
  • No maximum limit for cash withdraw in person;
Send & receive RMB remittance
  • Can receive RMB directly in business account;
  • Can transfer RMB from Hong Kong business account to Hong Kong personal account;
RMB investment
  • Can use the RMB maintained in the account to purchase RMB related investment products;
Business nature and nationality
  • All nationality and business nature can enjoy RMB services;
Restriction
  • RMB transfer
    • RMB cannot transfer from Hong Kong personal account to Hong Kong business account;
    • RMB transfer between Hong Kong personal account should under same account owner.
  • RMB purchase
    • Cannot handle RMB purchase via internet banking;
    • RMB only can purchase at branch and need pay handling fee;
Hong Kong HSBC handling fee
  • Below RMB 12,000 - handling fee RMB 15;
  • Above and equal RMB 12,000 - handing fee 0.125% on total deposit amount;