Hong Kong company - bank account / EMI?

[qwjwqieajs]

If anyone here has a Hong Kong company, how did you solve the bank account or an EMI?

Hong Kong is a part of the CRS, so a bank account on one's own name is out of the question.
Wise does not offer multi currency accounts for HK entities.

 

[JohnLocke]

Have you tried with Neat or some of the others suggested in many threads around‌ the forum?
You may want to do a google search on the forum


Diff:


site:offshorecorptalk.com hk company bank account

 

[qwjwqieajs]

Thanks. It didn't occur to me to use google, it gives better results.

I found‌ one result that says Wise is no longer offering their multi currency account for HK‍ entities. And then I found other posts that banks won't open an account without a⁠ physical presence in HK or Asia, and in general it's a pain in the a*s⁤ to have a HK company nowadays.

But I met in person one guy some weeks⁣ ago who told me he has a HK company, and he's very satisfied with it.⁢ So there has to be a way how it can work without hassle. That's why︀ I posted this. I'll keep searching, maybe there's an answer somewhere ...

 

[MiddleEuroAsia]

here you go: Opening and EMI⁤ for HK based company to transfer funds from NEAT

 

[JohnLocke]

yeah, we try to improve the search function, but it's not easy,‍ Google spit out results in addition to what you get in the search field.

 

[bigdaddyleon]

Had you already tried Currenxie?

 

[gnud]

Does a Hong Kong company have an obligation to have a bank account or can‌ I just use an EMI?