A current account for your offshore company can be opened within 1 day, depending on the jurisdiction and activities of the company. The timing of opening in a prestigious bank may be affected by other factors such as the company’s turnover, partners for incoming and outgoing payments, the client’s willingness to make a deposit.
We have excellent business relations with the best banking institutions in Europe, Asia, and offshore jurisdictions, we will provide support for opening an account from the initial stage of forming an application to gaining access to the account.
The main advantages of opening an account in an offshore bank:
- Access to world markets for trade and investment purposes.
- Making international payments is very simple and convenient without currency control.
- Support for multi-currency accounts including USD, EUR, GBP, SGD, HKD, AUD, etc.
- High level of confidentiality.
- Availability of specialized or customized products/services.
- Round-the-clock access to Internet banking, debit / credit card.
To open a bank account, you will need the following list of documents:
1. Company documents:
- Certificate of incorporation of the company.
- Memorandum and Charter.
- Share certificates.
- Certificate of good condition of the company, if the company is more than 12 months.
- A corporate structure that defines the ultimate beneficial owners.
- Business license (if available in any industry, for example, in the field of financial services).
- POA (if any).
- Declaration of trust (if any)
2. Personal documents of each director, shareholder, designated secretary, authorized person and ultimate beneficial owner
- Identity card: a copy of a valid passport (the passport must have the signature of the passport holder, and it must coincide with the signature in the application form, notarization is required.
- Proof of residential address: original or notarized copy of utility bill.
- Confirmation of banking history: original or notarized copy of the certificate from the bank.
- Resume of the beneficiary of the company.
3. If the shareholder is a corporation (legal entity), provide the documents to the company.
- Copy of the documents of the legal entity (certificate of registration, memorandum of association, charter, etc.).
- A copy of the corporate register (which should include the register of shareholders, directors and secretary received).
- Overview of the corporate structure.
- Goodstanding certificate or incumbency certificate.
4. Additional documents on the company’s activities (at the request of the bank)
- Bills, contracts, your existing company.
- Information about service providers with your successful partners/suppliers.
- Any documents confirming your business reputation.
Depending on the bank and the type of activity of the company, the list of documents may vary.
