Corporate bank accounts in Yiwu

Once your business licence and company seals are issued, the next practical step is opening the company's bank account. Chinese banks require the legal representative to attend in person with the original licence, the seals and their passport, and each bank applies its own checks on foreign-owned companies.

We arrange the appointment, prepare the paperwork, and go with you to the branch to translate and handle the process. We can open both an RMB account for domestic business and a USD account for receiving payments from abroad.

Banks in China have become notably stricter about accounts held by foreign companies. A company with a real office, a real business scope and a legal representative who actually lives in China has a much easier time than one that exists on paper only — another reason the office you lease matters beyond the registration itself.