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WFOE / Foreign Company Setup

China Company Bank Account Opening Guide

Bank review is smoother when the company prepares KYC and business evidence before the appointment.

Preparation checklist

  • Business license
  • Legal representative identity
  • Beneficial ownership information
  • Business model explanation
  • Expected transaction documents
  • Company seal and contact details

Common bank questions

  • Who owns the company?
  • What products or services will be traded?
  • Who are the customers and suppliers?
  • What is the expected transaction volume?
Practical note: Before consultation, prepare investor information, the expected business activity, product or service details, preferred location, permit questions and the planned staffing or accounting workflow.