Below you'll find a list of all posts that have been tagged as “#CentreO #Business #Entrepreneurevent #Businessadvice #ConnectO”
Commercial Bank Account Opening in Hong Kong Are you having trouble getting a commercial bank account in Hong Kong? You might have noticed the continuous changing of bank rules, new regulations, and compliances. These cause a lot of traditional banks in Hong Kong are turning businesses away. Many clients are expressing to us that they are just running a straightforward e-commerce business or a simple consultation businesses. However, they keep being …
Company information Nature of business/ Industry Nature of products/Services offered Operation & Trade Account information and Anticipated Activity Purpose(s) of maintain the account(s) Expected Source and Origin of Funds Passing through the Account(s) Anticipated Level of Activity ( currency, amount and no. of transactions) Nature of Activities Counterparties ( for funds transferring through the account) Details of Directors/Partners/Sole Proprietor Identification …
KYC (know your customer) has to be followed by every financial institute while dealing with customers. KYC procedure needs to be adhered to by a customer during following instances: While opening a company account in a bank While applying for a credit card or loan Opening safe facility When there are not enough documents with the bank in existing …
Below are the basic factors of KYC that banks are looking at: Jurisdiction of the company. Company’s structure. The nature of business. Expected business activities. Professional reference/bank reference. Justification for needing an account in Hong Kong. Source of funds.
Hong Kong Startup Workshop After running many startup seminars, we decided to be more hands on. Instead of seminar style, we are running in workshop style and be more focus on your particular business. We are going to host a Hong Kong startup workshop, aims for providing in-depth business operation knowledge to those who want to startup their business in …
Being well prepared is very important in having a successful meeting. Meetings are also a major part of most careers, so it can be a big deal! Every hour of every day, in offices around the world, people spend time sitting in business meetings. Good preparation is the key to building confidence for meeting clients. Three basic and easy tricks …