It was established in the early 90s. After several reorganizations it works under its present name
World rating
101
Country Rating
12
Founding date
1990
Account Opening Terms
Recommendations
Not required
Description of activity
Brief
Account type
Personal, corporate
Accounts types
Personal; Corporate; Settlement
Required documents
There should be actual and active Chinese phone number (or address in China). Standard set of corporate documents. Plus Certificate of Incumbency (if the company is older than 3 months)
Transaction speed
2-3 business days
Minimum balance
0
Initial founding fee
0
Account opening, possibility
Calculated and perceived
Cost and nuances of account maintenance
Translation cost
Maximum threshold does not exist, but it can be set under a separate agreement with the banker
Enrollment fees
No information
Account maintenance cost
The cost of opening an account is about 5,000 Hong Kong dollars (about 650 USD)
Law&Trust International offers free general consultation for this issue.
With our services you can avoid many legal concerns.