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Can Your Company Open a Non-Resident Corporate Bank Account (NRA) in China?
Manage episode 341357323 series 3382358
Kandungan disediakan oleh Carlo D'Andrea. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Carlo D'Andrea atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
It should come as no surprise for international businesses that receiving payments from their Chinese counterparties can be a long and cumbersome process. This is especially relevant for overseas companies that do not have a permanent establishment in China in the form of a foreign direct investment, such as a limited liability company or a joint venture. Therefore, for the convenience of both Chinese consumers and overseas sellers, certain banks in China offer a special type of bank account which is available to be opened exclusively by non-resident legal entities. This type of bank account is known as a non-resident bank account or NRA, and it can be opened in one of the People’s Republic of China’s (PRC) banks. Lets discuss it more in depth today!
Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD Amazon: https://www.amazon.com/COMMERCE-CHINA-Doing-business-China-ebook/dp/B09N3DZWGB/ref=sr_1_2?crid=2JIWP6K94MO8B&keywords=e-commerce+in+China&qid=1644894411&sprefix=e-commerce+in+china%2Caps%2C318&sr=8-2
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