Bank Account Opening for a Subsidiary

A subsidiary company is a company that is owned by other companies. The materials for opening a bank account in Hong Kong for a subsidiary is as follow:

  1. A board minute of the parent company authorizing the incorporation of the subsidiary, and authorizing its directors / a director to sign for and on behalf of the subsidiary;
  2. An organizational chart showing the relationship between the subsidiary, the parent company, and the shareholders of the parent company;
  3. A copy of the Memorandum and Articles of Association of the parent company, certified by the directors;
  4. An Apostile / the original of the Certificate of Incorporation of the parent company;
  5. The certificate of Incumbency of the parent company;
  6. A bank reference letter for the parent company;
  7. The director’s declarations for the subsidiary and the parent company, accompanied by Hong Kong CPA letters;
  8. Identity proofs and residential addresses proofs:
    1. If the parent company is a private company, identity proofs and residential addresses proofs of the majority shareholders of the parent company;
    2. If the parent company is a public company, its web site and stock symbol.
  9. If the document is not in English, it must be translated and certified by the translator;
  10. If the original documents can not be provided, the notarized photocopies of the documents are acceptable.
  11. Bank account opening documents for the subsidiary

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