Hello refers to the account set up by the enterprise abroad. At present, such accounts are often set up by low-tax countries and high-tax countries to achieve the purpose of tax avoidance. International common offshore account opening place:-Isle of Man, where many famous wealth management companies in the world have their capital accounts. -London's oldest and most developed capital market, 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. Recently, it has been highly praised by European and American companies because Hong Kong is more confidential than London. -Singapore is similar to Hong Kong, but the supervision is stricter, and offshore and onshore businesses cannot be completely consolidated. -The financial centers in Cayman, Seychelles, British Virgin Islands and other places are pure offshore ports with good confidentiality, but they do not necessarily have services under letters of credit. -Luxembourg and Belgium are located on the European continent, with large countries and few resources. Attracting hot money is the main way for them to make profits. Offshore account can be opened in Hongkong (such as HSBC, Standard Chartered, Bank of China, etc.). ) or open an account in China (such as Shanghai and Hongkong Bank, Shenzhen Development Bank, China Merchants Bank, Shanghai Pudong Development Bank, Ningbo International Bank, etc.). ). This bank account opened in China is called offshore account, which is equivalent to a bank account opened abroad. There is little foreign exchange control in the mainland, and foreign exchange is free to enter and exit. Personal foreign currency accounts can withdraw funds, and it is very convenient to settle international trade such as letter of credit transfer and telegraphic transfer collection. In addition, the operation of bank online banking is very convenient. Characteristics of offshore account 1. Free transfer of funds: the customer's offshore account is equivalent to an account opened in an overseas bank, and funds can be freely transferred from offshore account. 2. The deposit interest rate and variety are not restricted: the deposit interest rate and variety are not restricted by domestic supervision, which is more favorable than the similar deposit interest rate of overseas banks and has flexible access. 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: The China government is exempt from deposit interest tax on the interest earned from offshore deposits. The actual net income of offshore deposits is even more impressive. 4. Improve the comprehensive operation efficiency of domestic and foreign funds: We can make full use of the full-service characteristics of banks that can provide onshore business and have the functions of overseas banks, 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.