Raymond MO, CPA
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3 videos summarized
1 follower on BriefTube
Last summary: Aug 21, 2026
Open a 0% Tax Hong Kong Company with Bank Accounts Remotely 2026
It is possible to open a Hong Kong company, secure a corporate bank account, and legally claim a 0% tax rate without ever visiting Hong Kong. However, strict legal compliance is crucial. This three-step roadmap outlines how to build this corporate structure remotely. Step 1: Remote Company Formation. Hong Kong is very welcoming to foreign investors; you don't need to be a resident or visit to own a business. Foreigners can be 100% sole shareholders and directors of a Hong Kong Limited Company. The entire incorporation process is digitalized, using e-signatures, and takes only 2-3 working days. While you can be anywhere, a local registered office address and a local Company Secretary are mandatory. To start, you need a valid passport and recent address proof, like a bank statement, without complex notarizations for most founders.
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Bank Rejects Your Payment After Getting Everything? (CPA Explains)
Raymond, a licensed CPA in Hong Kong, addresses the common frustration of banks freezing payments and aggressively questioning transactions. He explains that these freezes are typically triggered by automated algorithms rather than human intervention. To prevent these issues, he identifies three major "red flags" that business owners must avoid. The first flag is an "inconsistent story," where the nature of a transaction does not match the business profile on file. Raymond advises updating the bank whenever a business model pivots. The second flag is the "third-party payer," which occurs when the name on the payment account does not match the invoiced entity. Clients should be instructed to pay only from their business accounts. The third is a "bad reference," where clients include descriptive notes in the payment field that may contradict the business's purpose. To avoid this, use only the invoice number in the reference field.
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