Brokerage for HK LTD

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Macy

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Jul 3, 2024
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Hi forum members.

I have some lower 6 figures collected in a HK LTD since the start of this financial year thanks to increased margins 🙂

I will spend most of it later in the year in some reinvestments and other expenses but might as well do something productive with them for the moment.

- I am a citizen of the EU; I reside in a jurisdiction where I am not liable for PIT and do not possess a TIN.
- Company has substance but basic. Business is low-risk. Yearly turnover is in low 7 figures.

I tried IBKR a few weeks ago but the process is very long and not suitable for me, I spent 1 hour filling in forms and answering questions and then it told me I need to go to HK and meet with a manager anyway to verify myself, check signatures and complete opening. This travel is not in my plans now and I find it unnecessary.

I have enough crypto exposure so I guess buying bonds and basic ETFs is my plan with it. Any good brokerage to try? I am open to all (maybe not Comoros XD) but want to keep it remote opening and safe for assets. If you have any ideas what could be done effectively with corporate funds it could also be a good topic.

Thanks
 
Clank said:
What bank you use? Maybe they can offer a brokerage?
Click to expand...
Only has EMI accounts (Currenxie, Verifo and I guess one more).

Normal banks probably require physical visit and cannot provide access to important rails like EUR SEPA and USD Wire so I did not explore this option
 
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