This Hong Kong company is founded by an offshore company, usually a Seychelles company, which will be the shareholder of the Hong Kong company. The company will open a bank account in Hong Kong and could have as director an individual of any nationality and country of residence with the understanding that both the director and the beneficial owner of the company should be present in Hong Kong for the bank opening. The Seychelles company, with no public access on director and shareholders register, not only add a shield of privacy but also offer the opportunity to open a second bank account (with additional fees required) to receive the dividends of the Hong Kong company.