Can a self-employed person deposit payments for jobs into a personal bank account?

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  1. #1

    Can a self-employed person deposit payments for jobs into a personal bank account?

    Reason I ask is that I now earn so little from my sole-proprietorship business it is no longer cost-effective to keep paying HK$2,300 for an annual Business Registration Certifiate. As a result will have to close my HSBC commercial banking account

    Anyone know if I can simply start paying cheques - typically worth around HK$15K per month - into my HSBC personal account?

    FWIW, am a permanent HK resident and haev been with HSBC for around 30 years


  2. #2

    Join Date
    Apr 2003
    Location
    Hong Kong
    Posts
    4,044

    yes