Nova Fiduciary Services Limited

Bank Account Opening

Hong Kong has a very organized banking infra-structure with no restriction for fund flow in or out of Hong Kong bank accounts. Identity and transaction information are is transparent of the account holder. The advantage of opening Hong Kong Bank account is as follow:

  • Minimum bank account balance compared to offshore banks
  • Reasonable monthly administrative services fee
  • User friendly online system
  • Various international banks
  • Allow deposit and withdraw fund by cash or by transfer via any Hong Kong branch office of banks

Visiting Hong Kong

  • If there is only 1 director, such director must visit bank in person for business meeting
  • If there are more than one director, at least two director needs to attend meeting

For Individual

  • Original passport
  • Original residential address proof valid within 3 months

For Company

  • Incorporation documents (e.g. Certificate of Incorporation, M&A etc to be certified by qualified professional)
  • Bank may request invoice, brochure, contract etc to show the business background.
  • Business plan to explain business activities and nature of business etc for account opening approval ; as well as certified true copy of residential address proof and ID/passport are required
  • Note: Different banks have different requirements for account opening

For more information, please contact NOVA for further assistance.