How do I verify my business in Hong Kong?

To open a Wise Business account in Hong Kong, we need to verify your identity and your business details.To start the verification process please initiate a transfer from your business account. 

We also need to verify your personal information, so we’ll ask you to send us a photo of your ID document and in some cases a selfie.

Currently, we’re unable to support trust, charity and non-profit organisations in Hong Kong. 

Sole trader

For your sole trader business you need to submit the following information and documents:

• Business name and address. If you’re operating at a different address, you need to submit it as well

• Business category and details of business activities

• Business owner’s information (name, date of birth, country of residence)

• Business registration certificate (BR)

Partnership

If your business is a partnership you need to submit the following information and documents:

• Business name and address. If you are operating at a different address, you need to submit that as well.

• Business category and details of business activities

• Partners’ information (name, date of birth, country of residence, ID document type, ID document number, nationality)

• Business registration certificate (BR), partnership registration document or partnership deed

Limited company

If your business is a limited company you need to submit the following information and documents:

• Business name and address. If you are operating at a different address, you need to submit that as well. You need to make sure the address  is up to date.  

• Business category and details of business activities

• Directors’ information (name, date of birth, country of residence)

• Information of any shareholders who own 25% or more of the company. Shareholder information includes: name, date  of birth, country of residence, ID document type, ID document number, nationality.

• Latest annual return, or incorporation form if your company is new

What if I’m not the owner/director of the business?

If you’re not the owner of the business, you’re required to submit an authorisation letter. This is to confirm that you’re authorised to use and communicate with Wise on behalf of the business. You can download a template of the authorisation letter and have it ready when we ask for it.