Banking setup in China

China Bank Account Opening for Foreign Companies

A corporate CNY or foreign-currency account is often the step that holds up a China expansion. ChinaMNC helps foreign-owned companies prepare for bank due diligence, assemble the right documents, coordinate legal representative attendance and navigate foreign exchange registration — so your application reaches the bank complete and consistent.

WhatsApp / WeChat: +86 153 1898 8535

Business documents and financial paperwork spread across a desk, representing bank due diligence materials

Document preparation & bank liaison

What we help with

From company setup to a working bank account

Bank account opening rarely happens in isolation. It depends on the structure you register and the paperwork you can produce. ChinaMNC supports the full sequence — and the account itself.

WFOE registration

Wholly foreign-owned enterprise setup with the business scope, registered capital and governance details banks expect to see.

Joint venture structuring

Equity split, capital contribution schedule and documentation for Sino-foreign joint ventures, aligned with banking requirements.

Representative office

Registration of a representative office where a full subsidiary is not the right fit, plus guidance on what such an office can and cannot do.

Corporate bank account

CNY and foreign-currency accounts: bank selection, due diligence preparation, legal representative attendance and follow-up.

Tax & accounting

Bookkeeping, invoicing and tax filing support for the new entity, coordinated with your bank and reporting obligations.

Work visa support

Assistance with work permits and residence documents for foreign staff who need to be physically present to sign at the bank.

How it works

A four-step path to your China account

Each step feeds the next. Gaps or inconsistencies in earlier paperwork are one of the most common reasons bank reviews stall, so we work in sequence rather than in parallel.

Assess & plan

We review your corporate structure, ownership chain, expected transaction flows and currency needs to identify the right entity and banking route.

Prepare documents

Company certificates, notarised and legalised papers, business plan, contracts and KYC forms are assembled and checked for consistency with the bank's due diligence checklist.

Bank review & attendance

We coordinate with the selected bank, brief you on questions that may arise, and plan the legal representative's in-person attendance or permitted alternative where the bank allows.

Activate & register FX

After account approval, we help complete foreign exchange registration and connect the account to your bookkeeping and ongoing compliance routine.

Team of professionals working together at a modern office desk, reviewing documents and planning

Why ChinaMNC

Practical support for cross-border owners

Bank account opening in China is a documentation and communication exercise as much as a legal one. We keep both moving.

  • Bank due diligence preparation We pre-check ownership documents, business rationale and supporting contracts against what banks typically request.
  • Clear English-language communication You deal with one point of contact who explains bank requests and next steps in plain terms.

Contact ChinaMNC

Discuss Your China Setup Directly

Tell us your city, business activity and ownership structure. We will reply on WhatsApp or WeChat with the practical next steps for your case.

WhatsApp / WeChat: +86 153 1898 8535

General information only. ChinaMNC does not provide legal or tax advice.