Are there any specific requirements or minimum balance obligations for maintaining a corporate bank account in Hong Kong?

Most Hong Kong corporate bank accounts require a minimum balance to avoid monthly fees:

• HSBC: Approximately HK$5,000 average daily balance

• Other major banks: Similar requirements ranging from HK$5,000-HK$50,000 depending on account type

Additional considerations:

• Monthly maintenance fees if minimum balance is not maintained

• Transaction fees for certain banking activities

• Annual review requirements

• Foreign currency account options with separate minimum balance requirements

Our Hong Kong company secretary services can help ensure you meet all deadlines and compliance obligations. Non-compliance can result in penalties, disqualification of directors, or even company deregistration.

📞 Call us at +852 2127 4237 or 📧 email us at comsec@imsg.com.hk — we’re here to make corporate support simple.