Banking

A foreign company can open an account with a Kazakhstan bank without establishing a local legal entity, branch or representative office. To do so, the foreign legal entity must be placed on tax registration with the state revenue authorities and obtain a Business Identification Number (BIN), while its director or authorised representative must obtain an Individual Identification Number (IIN).

Kazakhstan's currency regime runs on three separate tracks. A contract registration number is assigned to an export or import currency contract above USD 50,000 — the track that enforces repatriation of proceeds. Registration of capital movement contracts applies above USD 500,000. Notification of foreign bank accounts is mandatory for resident legal entities before any transaction on the account. The statutory basis is Law of the Republic of Kazakhstan No. 167-VI of 2 July 2018 "On Currency Regulation and Currency Control".

Hong Kong’s banking ecosystem for corporate clients consists of three tiers: traditional licensed banks (HSBC, Standard Chartered, Bank of China), eight HKMA-licensed virtual banks, and fintech platforms (Electronic Money Institutions).

The licence is issued. The office is rented. The visa is stamped. The incorporation documents have been notarised, translated, and apostilled. You did everything right — and you are still sitting across from a bank manager hearing: "Your application has not been approved."

A UAE bank account is not simply a place to hold money. For a company registered in the UAE, it is a prerequisite for functioning across multiple dimensions of business operation.

On 30 April 2026, the Central Bank of the UAE (CBUAE), the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), and Abu Dhabi Commercial Bank (ADCB) announced the launch of digital bank account opening services through the 'Tourist Identity' initiative.