Generally speaking, HSBC entertains the account opening for limited companies incorporated in Hong Kong or overseas but the documents required and the relevant administrative fees charged varies with different jurisdictions. Bank policy will affect as well.
Hong Kong incorporated limited company – Bank account opening documents
- (1) All documents’ copies provided to HSBC must be certified by the following persons:-
(a) members of the special team for Anti-Money Laundering Action as authorized by HSBC or relevant certified public accountant / lawyer / counter bank / notary public; or
(b) members of Hong Kong Institute of Chartered Secretaries ; or
(c) its branch manager.
- (2) Signature specimen: Authorized Signor must sign on all document copies (with his / her full names clearly stated below ), dated with position ( title ) in the company. The Authorized Signors certify the copies and state the total no. of pages.
- (3) Not less than the quorum (Director(s) or Beneficiary(ies)) presents during the bank account opening process
A. Corporate documents
- 1. Certificate of Incorporation or Certificate on Change of Corporate Name (if any);
- 2. valid Business Registration Certificate;
- 3. Memorandum and Articles of Association with relevant resolutions adopted (if any);
- 4. any subsequent changes (Changes ( Appoint / Resign ) in directors or secretary) (Form D2A), shares allotment (Form SC1) and/or any share transfer documents (if any)
- 5. newly incorporated company
i. the company search documents for immediate previous 6 months
ii. Company incorporation form (Form NC 1 / NC 1G) / First Secretary / Director notification (Form D1)
iii. Latest immediate 6 months proof for directors / shareholders / ultimate beneficiaries
- 6. company incorporated for more than 1 year
i. the company search documents for immediate previous 6 months
ii. latest Annual Return (AR 1)
B. Documents to be provided by any two directors, all authorized signor(s) and all ultimate beneficiary(ies)
- Identitication Document and Nationality proof
C. Documents to be provided by any two directors, authorized signor(s) and any two ultimate beneficiary(ies)
- Residential address proof
- Permanent address proof (if different from residential address proof)
D. Documents to be provided by all director(s)
-Full name, identity card and identification documents
E. Initial deposit and bank account opening documents
- a cheque in the amount of HK$ 10,000 as initial deposit for the bank account, companysearch fees and the administrative fees for bank account opening
- Authorization letter, bank account opening and signature cards
F. Documents to be provided the relevant company
1. if the company is owned by corporate: an organization chart with each hierarchy clearly stated the incorporation country, country place of business, shareholding percentage and its ultimate beneficiary(ies) certified by director.
2. if the company is owned by trust/funds
(a) the trust deed or the relevant registration register in the country or a certified copy certified by the professional administrator of the trustee or lawyer for the following particulars:-
- date of trust
- establishment / settlement date of the trust
- the jurisdiction and the governing law or regulations of the trust
- any identification number given by the government (i.e. for tax filing)
- the identification information of the trustee (full name, date of birth, nationality, identity and number)
- the identification information of the administrator or guide
- the identification information of the beneficiary
(b) the identity card documents or address proof of the trustee (in its capacity as beneficiaryof the trust)
3. if the director(s) or authorized signor(s) of the company is a corporate
- a board meeting resolution setting out the authorized operators to operate the bank account for and on behalf of the company
- specimen signature
- the company’s registration documents or relevant documents
- all legal documents showing the list of directors with their particulars
- documents certified by members of the special team for Anti-Money Laundering Action as authorized by HSBC or relevant certified public accountant / lawyer / counter bank / notary public
- any two directors and all authorized persons submitted documents
Overseas incorporated limited company – Bank account opening documents
- (1) all documents submitted to HSBC must certified by the following persons:-
(a) members of the special team for Anti-Money Laundering Action as authorized by HSBC or relevant certified public accountant / lawyer / counter bank / notary public; or
(b) members of Hong Kong Institute of Chartered Secretaries; or
(c) its branch manager.
- (2) Signature specimen: Authorized Signor must sign on all document copies (with his / her full names clearly stated below), dated with position (title) in the company. The Authorized Signors certify the copies and state the total no. of pages.
- (3) Not less than the quorum (Director(s) or Beneficiary(ies)) presents during the bank account opening process.
A. Documents to be provided by any two directors, all authorized signor(s) and all ultimate beneficiary(ies)
- Identity Document and Nationality proof
B. Documents to be provided by any two directors, authorized signor(s) and any two ultimate beneficiary(ies)
- Residential address proof
- Permanent address proof (if different from residential address proof)
C. Documents to be provided by all director(s)
-Full name, identity card and identity documents
D. Documents to be provided by overseas company:
E. Initial deposit and bank account opening documents
- a cheque in the amount of HK$ 10,000 as initial deposit for the bank account, company search fees and the administrative fees for bank account opening
- Authorization letter, bank account opening and signature cards
F. Relevant documents to be provided by the company
1. if the company is owned by corporate: an organization chart with each hierarchy clearly stated the incorporation country, country place of business, shareholding percentage and its ultimate beneficiary(ies) certified by director.
2. if the company is owned by trust/funds
(a) the trust deed or the relevant registration register in the country or a certified copy certified by the professional administrator of the trustee or lawyer for the following particulars:-
- - date of trust
- - establishment / settlement date of the trust
- - the jurisdiction and the governing law or regulations of the trust
- - any identification number given by the government (i.e. for tax filing)
- - the identification information of the trustee (full name, date of birth, nationality, identity and number)
- - the identification information of the administrator or guide
- - the identification information of the beneficiary
(b) the identity card documents or address proof of the trustee (in its capacity as beneficiary of the trust)
3. if the director(s) or authorized signor(s) of the company is a corporate
- - a board meeting resolution setting out the authorized operators to operate the bank account for and on behalf of the company
- - specimen signature
- - the company’s registration documents or relevant documents
- - all legal documents showing the list of directors with their particulars
- - documents certified by members of the special team for Anti-Money Laundering Action as authorized by HSBC or relevant certified public accountant / lawyer / counter bank / notary public
- - any two directors and all authorized persons submitted documents
Bank accounts opening in Hong Kong, the administrative fees charged are as follows:-
1. for company incorporated in Hong Kong, the company search fee HK$ 300.00, other administrative fees HKD 800.00
2. for company incorporated overseas, the company search fee HK$ 2,000.00, other administrative fees HKD 2,500.00