Where is it Easier to Bank? HK vs UAE vs US LLC

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banafinfodafuggiano

🗣️ Active Recruit
Jun 18, 2020
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I am a EU citizen.

I run an online business in the ecommerce field making 7 figures per year in revenue.

I need to relocate and also incorporate a new company to minimise my Corporate and Personal taxes.

I am now very undecided between Hong Kong, Dubai Freezone and US LLCs.

Where is it EASIER to open a LEGIT bank account (not scammy EMIs) that also allows multi currency accounts in USD/AUD/CAD/EUR ?

I heard bad stories about HK and US LLCs, that they only open EMIs.
is UAE easier? if I fly there for 10 days, can I do everything, set up company + open 3-5 bank accounts ?
 
Dubai for sure

No EMI in this

You will be opening a free zone company‌ and you will have a residency permit that allows you to open a real bank‍ account in UAE with no horror stories that US EMIs have
 
A lot of people say that opening bank accounts in UAE is very difficult⁤ nowdays and takes either a large deposit or over 6+ months of history with another⁣ local bank.
 
If you got the residency permit and you have⁠ an address then you fine

A lot opened a bank account with 0$ for their⁤ company
 
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