Bank account opening in China - Requirement
Business license issued by State Administration for Industry and Commerce or equivalent license.
Certificate of approval issued by Foreign Economic and Trade Commission (or ministry of commerce) and/other competent authorities.
Enterprise code certificate issued by the state bureau for technology supervision.
State and local tax registration certificate.
Memorandum/Articles of Association and amending supplements.
List of directors.
Completed mandate/board resolution or equivalent document issued by the decision-making body of the company.
Specimen signatures and chops (financial chop is required for RMB time deposit account).
For a company with a multi-layer ownership structure, please provide an organization chart showing shareholding percentage of each entity and each stage in the ownership chain of the corporate structure. Please affix the company's official chop or the signature/chop of the legal representative on the organization chart.
IDs of legal representative or responsible officer. Following documents or relevant information from directors, authorized account signatories, principal shareholders and beneficial owners.
Completed Business Customer Information/Account Opening Form signed by the legal representative and with the company's official chop.
Letter of introduction from a bank or introducer.
Basic information for enterprises issued by State Administration for Foreign Exchange with company's official chop.
Additional documents required for foreign currency account
Foreign Exchange Certificate issued by State Administration for Foreign Exchange (for Foreign Invested Enterprise only).
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Domestic corporate basic information registration and amendment form (for non-Foreign Invested Enterprise).
Account opening registration certificate under capital item from State Administration for Foreign Exchange (for Foreign Currency Account under Capital Item only).
Note:
Staff of banks shall witness signing of the Business Customer Information/Account Opening Form when collecting the documents for account opening.
The Business Customer Information/ Account Opening Form shall be signed and relevant account opening documents should be submitted at designated premises of the Bank. Authorized person(s) representing the enterprise to open bank account(s) should provide proof of authorization together with the original ID(s) of such authorized person(s) and legal representative.
If the account opening entity is not an independent legal person (e.g. a branch office of a company), all the above documentation to be certified by the legal representative should be certified by the responsible person stated in the business license.
Please note that while the above documentary requirements are applicable in general, the exact requirements may differ due to the nature of the entity to open the account. Under certain circumstances, the Bank may request additional and/or different documents to satisfy regulatory and/or due diligence requirements.
Please notify us promptly of any subsequent changes to the above information after the account has been opened and provide relevant document proof.
Where updates of the subsequent changes to the above information and/or relevant document proof have not been provided within a reasonable period without a reasonable reason, the Bank may suspend the conduct of business for the account holder.



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