Hong Kong Company + Offshore Bank Account allowed for Paypal/Stripe?

[James Ganesha]

Hey guys so as many of you know the Hong Kong Bank situation is an absolute nightmare. In addition, NEAT.hk is no longer opening accounts denominated in HKD for a while..

At this moment in time, it seems the only option for new startups wanting to incorporate in HK is opening a bank account in another country. However. it seems that banking outside the incorporated jursidicion is not allowed if you want to use Stripe or Paypal for your HK company. Am I missing something?

Here's my question :
Will paypal or stripe allow an HK company to use them if the bank linked to the account is outside Hong Kong? use a Bank account outside the jurisdiction of Hong Kong (e.g. Singapore bank account, Switzerland bank account, etc.).

 

[marder]

Just go to Honk kong, very easy to open an account if you convince them that you are doing straight business 😉 but you have to go there

 

[marder]

No problem in having a bank outside Hong Kong, as allways, everything depends on what you want to set up and what kind of business you want to do. Just one thing, be carefull what you do and how you do it 😎