HK Bank Account (Personal/ Company)
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As one of financial centers in the world, Hong Kong is an ideal place for making investment and opening bank accounts for investors. However, banks have different requirements on the formalities for and necessary information on opening accounts and it’s known for its difficulty in bank account opening. Cheetah International offer our clients and international investors the opportunity to open accounts in Hong Kong since we have established a strong business relationship with Hong Kong’s international banks and courteously provide bank account opening service.
Why Banking in Hong Kong?
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Business bank accounts in Hong Kong are multi-currency in nature, with secure online banking service.
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Hong Kong dollar (HKD) is officially pegged to US dollar (USD) at around HK$7.80 to US$1, so HKD is seen as de-facto USD in FX market.
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No restriction on foreign exchange remittance, free transfer of funds
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Convenience in settlement of international trades
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No capital gain tax
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No interest tax with a higher actual revenues of deposits
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Free conversion of currencies
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Convenient daily account operation and online bank transactions
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Convenience in getting trade financing from international banks
