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Showing posts from August, 2025

Hong Kong Bank Account in 2025: New Rules and Smart Solutions

Opening a  bank account  has become noticeably more complex in 2025. While Hong Kong remains a top choice for global entrepreneurs, startups, and expats, new compliance rules are changing the game. Banks now demand more documentation, deeper due diligence, and clearer business justifications even for straightforward cases. It’s no longer enough to present your company incorporation papers. Banks may request proof of overseas operations, supplier contracts, invoices, and business plans. These requirements aim to reduce financial crime and meet global standards, but they also slow down and complicate access for legitimate business owners. For foreign entrepreneurs or remote teams without a physical presence in Hong Kong, the process can be especially daunting. Language barriers, unfamiliar regulatory expectations, and delays from incorrect documentation all add to the challenge. Smart Solutions Through Professional Services This is where a  bank account service  become...