Offshore banking and Hong-Kong offshore company
Opening a personal bank account with deposit of less than USD 1 million isn’t anymore possible in Hong Kong. The setup of a Hong Kong company is therefore the best option to maintain your financial freedom in such a secure environment.
We are the only company opening bank accounts in Hong Kong for 99% of the clients, our strength rely on a rigorous process requiring many hours of compliance work (average of 13 hours of work to prepare the documented client profile for the bank).
We achieve great results because we are working more than the competition, we will fully understand your business and your needs before implementing our solutions.
Opening a company in Hong Kong or Offshore should be prepared with bank account opening experts as a company without bank account is useless.
Bank account opening for non-resident is becoming difficult; all should be explained and prepared with attention to details. Without the support of professional bank introducers benefitting from extensive banking network and recognized for the quality of their work you will only lose time and money.
Get a free consultation today over Skype, by phone or with a short meeting at our Central offices.
Why working with us?
- Offshore company formation is often confidential; we are discreetly working only from our Central Hong Kong offices with a small team of experts in Hong Kong and offshore company formation.
- Non-resident Bank account opening process is becoming difficult as the banks have to comply with new guidance on AML controls over tax evasion, our manager is a Certified Anti-Money Laundering Specialist and this greatly supports our dealings with financial institutions.
- International business experience, we worked and lived in Europe for years, our managing director is a Swiss entrepreneur living in Hong Kong for 12 years.
- The process of opening a Hong Kong company is simple but to be efficient and legal it should take into account your professional situation and the evolution of laws and regulations, we stay up to date and attend events to always remain aware of the changes.
- Offshore bank account opening could take place in Hong Kong, Mauritius, Dubai, Switzerland etc... We will review your profile to select the right offshore banking solution and this will be basically based on your nationality and country of residence, your detailed business activities with location of clients and suppliers and obviously the business appetite of the potential banks.
- We are familiar with complex structures, multi-layers companies and difficult business models.
- We are working in English, French, Cantonese, Chinese for entrepreneurs based in 60 different countries.
- Hong Kong company formation, provision of Hong Kong registered address and Hong Kong company secretary.
- Reception and scan of incoming mails, phone answering
- Provision of logo, invoice templates, simple website and brochure
- Offshore bank account opening assistance, preparation of the KYC file and to the bank interview with follow up till bank account opening
- Invoicing, organization of accounting and audit with selected partners
Deciding for the right solution is a difficult task, many opportunities and different potential jurisdictions are available for your business freedom journey, we believe in understanding your business prior giving you advices as your future business flows should be pragmatic. Plus we believe that the bank acceptance is a key factor as the offshore bank account opening process is totally transformed compared at what was the situation two years ago.
The Common Reporting Standard (CRS) is also de-facto not only exposing clients to unwanted scrutiny but also disturbing foreign bank account opening as the new regulation is putting extreme pressure on the banks.
Depending on your tax residence as well as the nature of your business we will provide solutions mainly within the below jurisdictions:
- Hong Kong, with a local company or with offshore structure
- Macau company formation and Macau bank account opening, mid-shore solution
- Dubai free zone company with Dubai bank account opening
- Mauritius offshore bank account opening, without traveling
- Seychelles company with bank account in Hong Kong or in Mauritius
- Swiss bank account, without travelling
- Estonia and Latvia opportunities with local companies and bank accounts, VAT numbers
We are also offering services to protect the business confidentiality and the privacy of selected clients after severe enhanced due diligence as we don’t want to be polluted with inadequate clients.
- Nominee directors services with different profiles, nationalities and countries of residence but always with competences (no taxi drivers becoming a CEO)
- Nominee shareholders with A) corporate shareholders using Hong Kong and Seychelles companies B) Individuals with existing wealth this in few jurisdictions
Why are we always starting our exchanges with questions?
- Your nationality and country of residence, a lot of persons see their bank account opening rejected because of their passport and location, we understand the bank strategies and their business and risk appetite
- Detailed business activities, some banks are accepting immaterial businesses such as consultancy, shipping, travel agency etc... others not, some activities are rejected
- Location of clients & suppliers, if you are working with clients in high tax countries, if your suppliers are in a country considered as medium or high risk, all this will influence the result of our work and often the solution to be provided.
Bank account terminated?
The bank compliance department is often terminating an existing bank account; it is part of the bank strategy and could be the result of few factors:
- Inactive account, not enough transactions
- Transactions with medium or high risk countries
- Ultimate beneficial owner nationality and country of residence
- Change of business patterns
- Not answering in due time to a bank question and request for documents
An account being terminated is most of the time not the sign of an illegitimate client but more the reflection of a change in the bank strategy and risk appetite.
We provide bank account opening assistance for corporate account terminated, we will select after severe due diligence a new bank for your company.