Question 2: How to set up a Hong Kong company by linking offshore account with an onshore account, and then open a bank account, or entrust a foreign trade company or a factory with import and export rights as an agent? You sign contracts with customers in the name of Hong Kong companies, and also sign contracts with agents in the name of Hong Kong companies. The goods are directly exported to the customer's destination by the agent export company, in which the goods are bought and sold by the agent export company in name. Then the Hong Kong company sells it to foreign customers and asks them to remit the money to the account of the Hong Kong company. This part of the money includes the cost and profit of the goods, and the cost part is called to the export agency or factory for verification and tax refund. Part of the profit is left in the company account in Hong Kong and can be transferred to the personal foreign currency account.
You can refer to this passage. Kaishan is happy to serve you.
Question 3: How to pay offshore account from the onshore account? Is the domestic onshore account an individual or a company? Companies need to declare their inward and outward remittances. If the personal remittance amount is small, you can directly purchase foreign exchange and remit it to offshore account. Individuals go to the bank to purchase foreign exchange, and then get remittance information from offshore account (offshore account number, bank information, etc.). ) The bank will charge it to your account. There are no restrictions on the import and export of foreign exchange in offshore account.
Question 4: Can the onshore accounts of overseas branches exchange funds with offshore account? Absolutely. Offshore account does not have any foreign exchange control, and its qualification belongs to overseas accounts. Whether this offshore account is opened in the name of a branch or the head office, it can be directly remitted to the account of the local branch. No problem, welcome to inquire, I am a professional offshore company registration.
Question 5: What is offshore account? 1. offshore account refers to an account opened in an overseas bank. Customers can freely transfer funds from offshore account without foreign exchange control in their own countries. It is legal for bank customers to hold offshore bank accounts as long as they disclose information about offshore account and pay taxes according to their personal income.
For example, a British registered company opens an account in Hang Seng Bank in Hong Kong, which is offshore account, and a British registered company opens an account in Mainland China Bank of Communications, which is offshore account.
2. Bank offshore account serves overseas natural persons, legal persons (including overseas investment enterprises registered in China), international organizations and other economic organizations, including overseas branches of Chinese-funded financial institutions.
3. The operating currency of offshore banks is limited to freely convertible currencies.
4. Funds remitted to overseas accounts, funds remitted from overseas accounts and funds between overseas accounts can be freely allocated and transferred.
Question 6: What does offshore account of HSBC mean? 20 points offshore account is also called OSA account, and the account opened by overseas institutions in the offshore business department of domestic banks qualified as offshore bank according to law belongs to overseas accounts; Offshore account only opens accounts for companies, not personal accounts. Compared with NRA accounts, offshore account is less subject to foreign exchange control. From the perspective of capital security, offshore account is safer and the supervision of the State Administration of Foreign Exchange is not so strict.
In the financial field, offshore account refers to the bank where depositors open accounts outside their country of residence. On the contrary, banks located in the country where depositors are located are called onshore banks or domestic banks.
I advantages of the account
1. Freedom of fund allocation:
A customer's offshore account is equivalent to an account opened in an overseas bank, and he can freely transfer funds from offshore account without domestic foreign exchange control.
2. The deposit interest rate and variety are not restricted:
The deposit interest rate and variety are not restricted by domestic supervision, and are more favorable and flexible than similar deposit interest rates of overseas banks. In particular, large deposits can be customized according to customer needs in terms of interest rate and term, which is flexible and convenient.
3. Exemption from deposit interest tax:
China * * * is exempt from deposit interest tax on the interest of offshore deposits. The actual net income of offshore deposits is even more impressive.
4. Improve the comprehensive operational efficiency of domestic and foreign funds:
It can make full use of the full-service characteristics that banks can provide onshore business and overseas banking functions, reduce the comprehensive cost of funds, speed up the turnover of domestic and foreign funds, and improve the efficiency of fund use.
5. Domestic control and overseas operation:
Offshore account can operate through online banking.
Second, the shortcomings of the account.
1. Offshore banks are also common places for criminals to launder money, so they have a bad reputation.
2. Encourage residents to avoid or evade taxes.
3. Being away from the depositor's residence may bring inconvenience to the depositor's service.
4. The minimum deposit for opening offshore account is generally high, so it mainly serves people with higher incomes.
Third, the role of accounts.
1. Banks are located in countries or regions with low tax rates, so they can be used as tax havens.
2. The countries where offshore banks are located have stricter requirements for protecting depositors' privacy.
3. Avoid the supervision and management of account activities in the depositor's country, such as prohibiting the opening of anonymous accounts.
4. Protect the deposit when the country where the depositor is located is politically or economically unstable.
Four. Place of establishment
1. Many well-known wealth management companies in the Isle of Man have capital accounts here.
2. The oldest and most developed capital market in London, the merger of offshore account and onshore accounts.
Hong Kong and London are very similar. Many China enterprises set up offshore companies to open accounts there, which is especially highly recommended by European and American companies, because Hong Kong is more confidential than London.
4. Singapore and Hong Kong are similar, but the supervision is stricter, and offshore and onshore accounts cannot be completely merged.
5. The financial centers in Cayman, Seychelles and British Virgin Islands are pure offshore ports with good confidentiality, but they may not have services under letters of credit.
6. Luxembourg and Belgium are located in the European continent, with large countries and few resources. Attracting hot money is the main way for them to make profits.
Question 7: What is an offshore account? In the financial field, offshore account refers to the bank where depositors open accounts outside their country of residence. On the contrary, banks located in the country where depositors are located are called onshore banks or domestic banks. Offshore account is the most important tool for offshore companies. Offshore account has the following advantages: 1) It solves the problem of collecting commission or collecting and paying on behalf of others. Many customers use offshore companies to set up offshore account, in order to solve the problem of collecting commission or collecting and paying on behalf of others (SOHO). Taking advantage of offshore account's nature as offshore account, it is more convenient to master funds by evading domestic foreign exchange controls; 2) The example of offshore account's flexible use of foreign exchange assumes that your offshore company account contains foreign currency. When you pay your counterparty, the funds can be directly transferred from the offshore company's foreign currency account, without using RMB to purchase foreign exchange at the central rate of BOC. This can avoid the loss of exchange difference and save the examination and approval time of each foreign exchange. At the same time, it will not be affected by changes in domestic foreign exchange policies; 3) Without this foreign exchange control, the funds are freely allocated for international trade. Whether it is import or export, the free receipt and payment of foreign exchange is very important. Offshore account is equivalent to an account opened in an overseas bank, not a domestic local account, and can freely transfer funds from offshore account, which is not restricted by the laws of China and is not managed by the Banking Regulatory Bureau and the State Administration of Foreign Exchange; 4) Exemption from deposit interest tax China * * * is exempt from deposit interest tax on the interest earned by offshore deposits. The actual net income of offshore deposits is more considerable; 5) Customers who control overseas operations in China can use online banking or telephone to operate offshore account, including daily wire transfer and transfer. 6) Convenient international settlement of enterprises Since offshore account is not controlled by domestic laws and regulations, customers can live in the mainland of China to handle all settlement business and fund remittance business of overseas companies at home and abroad, thus reducing operating costs and improving the efficiency of fund use. Does paypal support cash withdrawal in offshore account?
Question 8: What is offshore account and how to handle offshore account and offshore account? It refers to the account opened by a Hong Kong company or other overseas company in a bank other than the place of registration. For example, after setting up a company in Hong Kong, it plans to open accounts in banks in Shenzhen, Shanghai, Beijing, Malaysia and the United States. This is the so-called offshore account.
Offshore account is the most important tool for offshore companies. Offshore account has the following advantages:
1) is not subject to foreign exchange control and funds are freely allocated.
In international trade, whether it is import or export, the free receipt and payment of foreign exchange is very important.
Offshore account is equivalent to an account opened in an overseas bank, not a local account in China. You can freely transfer funds from offshore account, which is not restricted by the laws of China, and is not managed by the Banking Regulatory Bureau and the State Administration of Foreign Exchange.
2) Flexible use of foreign exchange
For example, if you have an offshore company account with foreign currency in it, then when you make a purchase payment to a trading partner, the funds can be directly transferred from the offshore company's foreign currency account, without using RMB to purchase foreign exchange according to the central parity of the Bank of China. This can avoid the loss of exchange difference and save the examination and approval time of each foreign exchange. At the same time, it will not be affected by changes in domestic foreign exchange policies.
3) Solve the problem of collecting commission or collecting and paying on behalf of others.
Many customers use offshore companies to set up offshore account, in order to solve the problem that enterprises or individuals (SOHO) collect commissions or collect and pay on their behalf. Taking advantage of offshore account's nature as offshore account, it is more convenient to control funds by evading domestic foreign exchange control.
4) Exemption from deposit interest tax
China * * * is exempt from deposit interest tax on the interest of offshore deposits. The actual net income of offshore deposits is even more impressive.
5) facilitate the international settlement of enterprises
Since offshore account is not regulated by domestic laws and regulations, customers can live in the mainland of China to handle all settlement business and fund remittance business of overseas companies at home and abroad, thus reducing operating costs and improving the efficiency of fund use.
6) Domestic control and overseas operation of the account, including daily wire transfer and transfer, can be operated online.
5. Promote international trade and avoid tariff barriers.
For details, please consult Hong Kong Yongxing Certified Public Accountants.
Question 9: Dear, what is offshore account? What's the difference with overseas accounts? Thank you! Hehe, in finance, offshore account refers to a bank where depositors open accounts outside their country of residence. On the contrary, banks located in the country where depositors are located are called onshore banks or domestic banks. A customer's offshore account is equivalent to an account opened in an overseas bank, and he can freely transfer funds from offshore account without domestic foreign exchange control.
For China, offshore account must be offshore account. Offshore account is regarded as an overseas account.
Question 10: Overview of the difference between offshore RMB and onshore RMB. Offshore refers to RMB deposited in bank accounts outside Chinese mainland, while onshore refers to RMB deposited in banks in Chinese mainland.