HK Remote Company Formation
Multi-Currency Business Account Included.
Transfer Money with Other Bank Accounts Right Away.
Details
According to the 2020/21 Budget, the Inland Revenue Department (IRD) will waive 1-year Business Registration (BR) fee [HK$2,000 / US$250] starting from 1 Apr 2020 to 31 Mar 2021. Application of 1-year BR Certificate within the waiver period will be free of charge. AsiaBC has already reflected this change on our quotation of All-Round HK Company Formation Package.
Here’s a quick summary of the latest reliefs for enterprises announced by the HK Govt, chat live for any queries!
Note: The levies on BR Certificate and Certificate of Incorporation, which are collected by the IRD and Companies Registry respectively, remain unchanged.
Peace assured. We have been following and fulfilling HK compliance of company registration since 2009.
Why these fin-tech solutions are well-known as the alternative & backup of conventional bank account among startups?
Simplify Account Opening
No directors and shareholders have to visit Hong Kong. The whole process happens on the internet remotely; You can sign up your company’s account anytime and anywhere.
Cut Account Approval Time
Traditional banks ask for proof of business for the “Know Your Client (KYC)” due diligence, they will spend months on the analysis; On the fin-tech platefroms, you only file the application online, and upload the passport and company’s document, the straightforward procedure shorten the lead time to as quick as 1 day.
Manage Account Online
Serving their clients completely online, these fin-techs give you total control of your account and your money through their full-fledged client portal on their websites or mobile apps. You will never be asked to visit their branches or office for sending money or reseting the password.
Get Rid of Upsells
Traditional banks insist on promoting their insurance, saving, loans and investment as value-added services; These fin-techs offer the pure experience of sending and collecting money, you are equipped with the essence to handle transactions and grow.
Country / Industry
Companies and people from some countries cannot join these accounts because of the financial rulings in other jurisdictions. In addition, the fin-techs may reject an applicant because of the business nature carrying on.
Account Limits
Unlike the accounts in conventional banks, the fin-tech accounts are given ceiling on account balance, top-up and transaction because of the legal requirements. (For example: Neat applies balance limit starting at HK$2,000,000 and capping at HK$5,000,000.)
Service Fees
The fin-techs earn from account services. They usually charge on every transactions of your account, and may collect membership fee from their account holders.
Our specialists will touch base with you, and also gift you a FREE Zoom video assessment.