🇨🇳 China · Business Banking
Opening business accounts, remote banking options, required documents, and fees.
Banks are overseen by the People's Bank of China (PBOC) and the National Financial Regulatory Administration (NFRA). A company needs its business licence to open a corporate bank account.
- A basic deposit account is the company's primary RMB account and is required before others can be opened.
- Cross-border and foreign-exchange transactions are subject to SAFE administration.
- Account opening requires the business licence, legal-representative ID and company seal.
Official authorities
- People's Bank of China (PBOC)
Central bank.
- National Financial Regulatory Administration (NFRA)
Supervises banking and insurance.
Official-information aggregation, not legal advice. Always verify on the authority's own site.
Government portals
- China Government Portal — State Council official portal — policy releases, public services, and government documents
- Ministry of Foreign Affairs — China's foreign policy and consular services — passport, visa, and consular protection info
- National Immigration Administration — Visas, permanent residency, and border control for foreigners entering China
- State Taxation Administration — Personal income tax filing, business tax registration, and VAT invoice verification