ExpandWithAsia

🇭🇰 Hong Kong · Service

Business Account Opening in Hong Kong

HSBC, Hang Seng and BOC(HK) prepared properly — plus digital accounts you can open remotely in days.

Opening a business account is the step most foreign-owned companies underestimate. We explain which route fits your business, match you with vetted providers who prepare and walk your application through the bank, and introduce digital platforms you can open in days. Independent, free to founders.

Profits tax

8.25% / 16.5% two-tier

Tax on offshore profits

Territorial (offshore claim possible)

Setup time

1–2 business days

Foreign ownership

100% allowed

Resident director

Not required

Company secretary

HK-resident or licensed TCSP (required)

GST / VAT

None

Remote setup

Yes

What’s included

  • Route assessment: local bank, international bank or digital platform
  • Document preparation and pre-screening against bank KYC requirements
  • Bank introductions and interview scheduling (video where the bank allows it)
  • Digital multi-currency account introductions (Airwallex, Wise and others)
  • Follow-up through to approval, with a fallback plan if a bank declines

Compare 3 vetted providers in 24 hours

Tell us your shareholder structure, sector and requirements. We'll match you with exactly 3 vetted Singapore corporate service providers — independent, free, no obligation.

Get matched