Company Incorporation in Hong Kong & Bank Account Opening Requirements

1. Hong Kong Company Incorporation Requirements – Within 2 weeks

• At least 1 director (can be foreign; no residency requirement).
• At least 1 shareholder (individual or corporate; 100% foreign ownership allowed).
• A company secretary must be appointed (must be a Hong Kong resident or a licensed corporate secretarial firm).
• A registered office address in Hong Kong.
• Minimum paid-up capital of HKD 1.
• Proposed company name (English or Chinese, subject to approval).
• Identification documents for directors and shareholders.
• Details of business nature and intended operations.

Required Documents for Incorporation

• Passport copy (for foreign directors/shareholders).
• HKID copy (for local directors/shareholders, if applicable).
• Residential address proof (bank statement, utility bill, etc.).
• Company name options (2–3 recommended).
• Shareholding structure details.
• Business activity description.

2. Bank Account Opening Requirements in Hong Kong – within 1-2 months

• Most banks require directors to be physically present for verification; remote onboarding is limited and case‑by‑case.
• Completed bank application forms.
• Certified copies of incorporation documents (NNC1, Certificate of Incorporation, Business Registration Certificate).
• Company secretary documents (including register and confirmation).
• Board resolution authorizing opening of the bank account.
• Business plan or clear business model explanation.
• Proof of business activities (contracts, invoices, website, supplier or client information).
• Minimum deposit depending on bank (commonly HKD 10,000+).

Documents Typically Required by Banks

• Certificate of Incorporation.
• Business Registration Certificate (BRC).
• NNC1 and Articles of Association.
• Company secretary appointment documents & registers.
• Directors’ and shareholders’ passports/ID copies.
• Residential address proof for all directors and shareholders.
• Board resolution for bank account opening.
• Business plan, financial forecasts (optional but recommended).
• Contracts, invoices, or evidence of counterparties.
• Proof of source of funds (SOF) and source of wealth (SOW).