Expected time frames
From preparing the application to opening the bank account, here are the four steps to anticipate.
01 — Prepare the documents
Up to 4 business days from receipt of payment.
The documents are sent by email, then must be printed, signed, and returned by express mail. Please allow at least 1 week for delivery.
If you are in Hong Kong, e-registration allows you to sign the documents on-site.
02 — Register the company
Up to 10 days to obtain the Certificate of Registration.
With e-registration, the company can be registered in less than 5 days.
03 — Open the bank account
Once the company is registered, the business account can be opened.
Allow approximately 1 week for an online bank and up to 1 month for a traditional bank.
04 — Install the accounting software
Billing and accounting software is installed and configured in less than 48 hours.
So you should allow a good month to be fully operational.
