At present, many customers have registered companies and opened bank accounts in Hong Kong, but for various reasons,Hong Kong companyBank accounts remain unused and become "zombie" accounts, which are forced to close by the bank. According to the situation of our customers, we have roughly calculated three common situations:

First:Hong Kong companyWhen you open an account, you deposit an account activation fee, but after you open an account2Not used during the year (i.e. no bank statement),2Around the year will be identified by the bank as a "zombie" account, such accounts, the bank will feel that resources, so the bank will be forced to close.

Second, ifHong Kong companyFunds from sensitive countries or regions. In order to avoid risks in advance, banks will choose to close the accounts of companies that do business with sensitive countries or high-risk regions. Because of these sensitive countries or high-risk areas, a considerable part of the money is linked to criminal organizations, doing illegal business. Therefore, in order to avoid risks, banks will forcibly cancel the accounts of such Hong Kong companies.

Third, from2018Most of the world has joined the"CRSTherefore, the bank will conduct an economic investigation on the account holder every year, for example, to know the actual controller of the account, business conditions and other information. If the bank does not reply within the specified time, the account will be forced to cancel.

Therefore, in view of the above problems, first of all, you should make your bank account active. Second, you should pay attention to the bank notice every time you log in to your account and deal with it in a timely manner. You can avoid doing business with sensitive countries and regions as much as possible, and do not do illegal businessHong Kong companyThe bank account was forcibly closed.

CycloseThe company is committed to providing domestic and foreign customers with corporate audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many private enterprises, listed companies and large state-owned enterprises.