Package: Shelf Company with Bank Account
In HKincorp, we think that off-the-shelf Hong Kong limited liability companies (ready-made H.K. company) bundled with working Hong Kong business bank accounts (H.K. bank accounts) is the ultimate solution for valuable business and investors around the world who have difficulties in opening of accounts in H.K.
We design this service package to every enterprise, we help business owners to establish hassle-fee H.K. business bank accounts.
Why H.K. bank accounts are difficult to open?
Tightening regulations are making the opening of H.K. bank accounts complicated and time consuming to foreign investors and business:
- The OECD Common Reporting Standard (CRS)
- The US Foreign Account Tax Compliance Act (FATCA)
- The global Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) compliance
- The automatic exchange of financial information (AEOI) implementation
Why go for ready-made accounts, instead of opening?
Do you want to start your business in H.K. right now? No, you cannot.
It is because you have to wait months for your corporate bank account, and your application may be rejected because you fail to pass through the H.K. banks’ know-your-customers (KYC) and customer due diligence (CDD) processes.
Acquiring an existing H.K. company with H.K. bank account is the only solution:
- Faster : no more waiting for banks approval
- Simpler: avoid filing of banks application forms
- Privacy protection: keep your asset from the eyes of regulators
Bundle of H.K. Company & Bank Account:
Solution to KYC and CDD in Hong Kong banks
When you buy a Hong Kong ready-made company with a working corporate bank account, you can take the ownership of the company within a few days from its original owners, but you cannot change the beneficial owner of the bank account to you. It is because the Hong Kong banks apply the same level of KYC and CDD to you which is a problem.
To use a bank account, you need to hire a nominee as your surrogate to hold the bank account as well as your company. The banks do not see you as as the beneficiary owner.
You sign contract with your nominee owner to bound the liabilities between both parties, then you will receive the company documents, the bank account details with your access to its such as online banking login, security device (“digipass”,”token”). Now, you can have all rights to use the company and the bank account.
HKincorp and our partners are holding limited stock of Hong Kong ready-made companies with business bank accounts which are set up but no longer in operation. Since the source of these old companies with working bank accounts are very rare, thus the original owners and the nominee ask for a premium cost.
If you have profitable businesses, you are at the right place to obtain instant access to top-notch banking service for capital management and asset protection at a fiction of cost.
Our team can speak English and Spanish, for enquiy or quotation, feel free to contact us.
This post is also available in Español.