Open a company
and an account remotely
- We prepare all the necessary documents
- We file them with the authorities
- You don’t pay HK$1,970 government fee
- You don’t have to go anywhere
Register a company
as fast as in 30 minutes
We answer any questions instantly
We’ll solve any issue in a chat or over the phone in a single conversation, no need to wait or switch experts
Follow each step in a personal account
You get a personal account on our platform where you can track progress and store company documents forever for free
Register your business for free
We prepare documents for incorporation and register your company for free. We don’t charge you the HK$1,970 government fee, either.
Up to $10,000 off partners’ services
Online Account
opening with Neat
Neat is fully digital and fully secure. They set up your account, offer multi-currency payments free from currency conversions, and issue cards for you to spend online or offline.
Neat has also won an award from the Hong Kong government for their account opening processes and work with the best cyber security technology to keep your money safe.
No deposits,
no hidden costs
Get a jump start with incorporation only or sign up for our accounting support as well. Our prices are fixed in Hong Kong Dollars. We use Hong Kong Monetary Authority rates to convert them to US Dollars, Euro and Pounds. The exact price you pay in $, € and £ depends on the rate and fees your bank applies.
Neat Business Pricing
Opening a Neat account is free, but they charge you for some of the services like payments or ATM withdrawals. Here are some of the fees you might come across.
Standard Payment to Hong Kong bank account | US$1 |
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USD payment to Hong Kong bank account | HK$30 |
International Payment | HK$90 / US$12 |
FPS Payment from Hong Kong bank account | FREE |
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Express Payment from Hong Kong bank account (CHATS) | FREE |
International Payment | HK$90 / US$12 |
Monthly Fee | FREE |
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Foreign Merchant Fee | 1.5% |
ATM Withdrawal | 2% |
Reward | 1% cash back for all transactions |
Trusted by entrepreneurs worldwide
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Q&A
Can a foreigner be a director and a shareholder of a Hong Kong business?
Yes, Hong Kong allows foreigners to become directors and shareholders of a company registered here. As a foreigner, you can be the only director or hire as many as you need. There is no requirement to have any local directors.
You can be a shareholder as well. You need to have at least one (and as many as 50). They can be people of any nationalities or companies.
Do I need a company address?
Yes, all companies registered in Hong Kong must have a local address. It goes on all legal documents. If you don’t have an office address, use our service. We handle your incoming letters, scan and store them in your East river account so you have easy access to all your documents.
Do I need a Company Secretary?
Every Hong Kong business must have a local resident company secretary. This officer is responsible for keeping your paperwork in order, making sure all changes on the company are processed correctly, on time and in compliance with the local legislation. This role can be performed by an individual or a corporation, known as a body corporate.
How long does it take to register a company?
Once all the documents are ready, it usually takes us less than an hour to register a company. It mostly depends on when you are comfortable with providing all the details, as well as the service hours of the authorities.
What does the process look like?
First, we check that the name you’ve chosen for your business is available. Next you send us your passport copy and details on other directors and shareholders (if any). We prepare all the necessary documents, send them to you for electronic signature, and submit them to Companies Registry (a government entity that registers companies). We then register your company with the Inland Revenue Department which issues the Business Registration Certificate. On your end, it’s just a message thread in a secure chat.
What is a General Employment Visa?
It’s a type of working visa sponsored by a specific company so it can invite foreign professionals. It allows you to work exclusively for that company and come to Hong Kong. Its duration is determined by the length of the contract.
What are the requirements to get a General Employment Visa?
First, you need to have an offer of employment to fill a genuine vacancy. Second, you need to qualify for the job, which means your background, experience, and education should fit the requirements. Normally, the officials look for a first degree in the relevant field. Third, the salary you get should be about HK $40,000-$75,000. Finally, you must have a clean criminal record to be cleared by the security.
What is a Business Registration Certificate?
Business Registration Certificate is a document that every Hong Kong business must have. It specifies all the details of your company. It is issued by the Inland Revenue Department of Hong Kong usually for 1 year and has to be renewed annually.
Does Neat hold a TCSP license?
Yes, Neat does hold a TCSP license, and we partner with TCSP-licensed service providers to carry out the company incorporation and provide corporate services. Our partners charge special rates to Neat customers, which is why we can offer a better rate compared to going to a corporate service firm directly.
What is the base currency of the account?
The Neat Account is a multi-currency account supporting HKD, USD, EUR & GBP as base currencies that you can hold your funds in.
You can receive funds outside of these currencies, but they will be converted to one of the base currencies.
The HKD & USD account share the same set of payment instructions. At the moment, funds will be automatically converted to HKD at the DBS rates if the incoming payment is in a currency other than HKD or USD. Any incoming payments in USD will automatically go to your USD account if you've activated this. You can receive payments from anywhere in the world, except our restricted countries.
The EUR account has its own payment instructions, any payment sent to this account will be converted to EUR. At the moment you can only receive payments from within SEPA.
The GBP account has its own payment instructions, any payment sent to this account will be converted to GBP. At the moment you can only receive payments from within SEPA.
Can I receive and store currencies other than HKD?
The Neat Account is a multi-currency account supporting HKD, USD, EUR & GBP as base currencies that you can hold your funds in.
You can receive funds outside of these currencies, but they will be converted to one of the base currencies.
Will I get payment instructions in my own company name?
Payment instructions for HKD account will have a prefix "Neat" in front of your business name. To view your payment instructions, please follow the below steps:
- Log into your Business Dashboard
- Click on the account/currency you would like to generate the payment instructions for
- Choose the 'Account Info' tab
- Click on 'Copy Payment Instructions'
Please make sure to provide the correct payment instructions for payments to your business account.
What type of companies can sign up for Neat Business?
Neat accepts most types of companies. Besides limited companies, they also accept registered sole proprietors and partnerships.
Companies operating in the below industries are not able to open a Neat Business account.
- Aviation related businesses
- Adult industry
- Arms dealers
- Antique dealers
- Auctioneers
- Cryptocurrency related businesses
- Defence systems
- Foreign exchange related companies
- Gambling & casino related companies
- Shell Companies
- IPTV service providers
- Jewel / Gems / Precious metals dealers
- Nuclear power
- Pawn shops
- Products/services illegal under Hong Kong law
- Pyramid sellers
- Stock, securities and finance companies
- VoIP service providers