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For foreigners who want to start a business and open a Hong Kong bank account, the process has been simplified with the assistance of company formation service providers who will walk you through the entire process, as follows:
Determine the form and structure of the company you want to start; this will help you with future legal issues, especially tax regulations.
Create your brand by naming your company something that best represents what you have to offer in the market, whether in English, Chinese, or both.
Establish a business bank account. Make sure you have all of the necessary paperwork and prerequisites before applying.