Corporate Sme Bank Account Offshore (sg/hk)

[worldfun]

I've looked around a bit with the usual and not so usual suspects & it seems either:

-it's a lot of effort in paper work and/or 'legwork'

-it's expensive in required balance and/or monthly fees

With these things on the table I was just wondering what everybody is doing if lets say the BVI+HK bank account is not currently an option?

Alternatively it may be an option to setup HK or SG company just to get an easier/better bank account, if that option perhaps over time is more cost effective/smart?

Thoughs?

Or should we just do the easy route of trusting the Thai banks and do a secondary EUR account in country and remit all monies in & hope for the best tax & security wise