After a Hong Kong company is registered, it can open an account in a bank in the name of the company. Opening banks include: HSBC, ANZ, CITI Citibank, Shenzhen Development Bank, China Merchants Bank, Shanghai Pudong Development Bank, Bank of Communications, etc. All the above banks can open offshore account, and they can operate capital transactions after opening an account. The biggest advantage of offshore account is that foreign exchange collection is not controlled by domestic foreign exchange administration departments, and the amount of foreign exchange collection is not limited. There is no restriction on overseas cash withdrawal, while domestic cash withdrawal can be converted into RMB cash withdrawal by transferring it to personal account. The maximum amount of domestic foreign exchange settlement is 2WRMB, and the maximum amount of cash withdrawal within one year is 5WUSD, which is equivalent to RMB 34 w. If you think this limit is too small, you can open more accounts to solve this problem. Another way is to directly transfer the money to the domestic company account through offshore account, depending on your operation method. If it is not necessary, you don't have to do this, because once the domestic enterprise account is paid, you need to pay 25% enterprise income tax. Offshore account, a Hong Kong company, can also help domestic companies reduce tax losses. For more details, please contact Tina Tushun Investment. Professional establishment of Hong Kong companies, American companies, British companies, Seychelles companies, BVI should belong to Virgin, Cayman, Japanese companies, Samoa companies, Brunei companies and so on. www.shtosu.cn