Business - Bank accounts
The use of bank accounts is different for a company as the need of services is different to the private investor. The businessman willing to add safety and confidentiality to its assets should use an offshore company and a corporate account, this vehicle being different from the beneficial owner. More important, an offshore company is confidential, and does not pay any tax, does not maintain book-keeping, and has no audit or reporting. The best juridictions for this purpose are: BVI, Cyprus, Delaware, Mauritius and Seychelles. We can incorporate your own offshore company and open the related bank account within a short time. It is possible to form a limited company in Europe for the entrepreneur, with a low tax rate. But the use of an offshore company is sometimes badly seen. To avoid it, some company formation is available, with a European company for the front office and an offshore one for the back office. The use of a European holding could be a wise choice, associated with offshore or European companies. The formation of a Swiss company, like a S.A. or a holding company in the right Swiss place is prestigious and can realize savings about taxes.
This
first step may
be the start of an outsourcing wealth in Europe. This type of account
is opened, generally, as an individual, and could be protected by the
banking secrecy in Austria, Belgium, Luxembourg and Switzerland. Some
jurisdictions allow the opening of such account in the name of an
offshore company, or trust, or foundation to increase legal protection
and confidentiality. *
Switzerland:
no requirement of physical presence. An account can be opened remotely
with a copy of identification and certification of signature. Some
banks require the physical presence of the account holder. Several
types of accounts are available, like current, deposit, or for
securities, the later with a private bank for wealth management.
Banking secrecy. *
Luxembourg: physical
presence of the beneficial owner is mandatory. Wealth management
account from EUR50,000 of assets in a private bank. Offshore structure
like a company, a trust or a foundation available to increase safety
and confidentiality. Banking secrecy. *
Latvia: no
requirement of physical presence. A bank introduction is available
through our company. Credit card is available like Visa Gold with a low
security deposit. Banking secrecy. *
Cyprus:
no requirement of physical presence. It is possible to open an account
with an offshore company, including Delaware; or trust or foundation.
As a corporate vehicle, a European holding and its account is available
for corporate tax planning. *
Mauritius: no
requirement of physical presence. A corporate account could be opened
with a Mauritius GBL 1 company (Resident status) or a GBC 2
(Non-resident status), or a trust which present many advantages. A
private account could be opened in the following currencies: GBP, USD,
EUR, CHF and AUD. *
Seychelles:
no requirement of physical presence. Fast track for an association
between a Seychelles company and its bank account, for investment or
international operations of commerce. *
Delaware:
no requirement of physical presence. Formation of the Delaware Company
and the opening of a corporate account in an
EU jurisdiction. This is perfect for high confidentiality and
respectability.
*
Singapore:
no requirement of physical presence. Formation of an offshore Company
and opening of a corporate account with a large international bank.
Local wealth management available. Phone:
+41 78 873 58 45