How to Open an Offshore Bank Account

Any company's business activities are impossible without a bank account. An offshore bank account abroad is one of the perfect options to enable a fully-fledged banking service that will comply with all clients' requirements. Our company can provide complete assistance to open an individual or corporate offshore account in a bank abroad.

Nowadays having a bank account offshore helps to reduce and sometimes even fully minimize various tax payments. An offshore account also ensures a certain level of security, means a higher level of financial protection and the protection of financial transactions on such account.

Opening bank account abroad is quite a challenging process. Such process often entails not only knowledge of the laws, but also awareness and understanding of the legal matters. An account opened in any bank abroad is called "offshore account". The benefits of such account is that it may enables one to substantially reduce the tax payments, whilst ensuring a high level of confidentiality.

In the modern world, the international financial markets are highly developed and for that reason investing through such accounts is proven to be a very advantageous solution. Also, foreign banks' protective measures are quite advanced; therefore the financial transactions conducted through an offshore account have high level of security.

Excellent banking service, loans as well as investment facilities and a broad spectrum of services and financial products – all this implies opening bank account abroad. Often, when making a decision to open a bank account abroad, the terms "offshore account" is often confused with the regular bank account opening abroad in a sound international bank for offshore and onshore company as well as private accounts.

These definitions, however, are fundamentally different. The banks where our company provides you with an opportunity to open offshore accounts, are not just offshore banks, but very reliable western European banks as well as banks in Dubai. Those banks are not only interested in clients acquisition, but also in maintaining bank reputation and safeguarding clients funds.

The funds placed on such accounts are reliably safeguarded in these banks on a current account that is opened abroad for your offshore or onshore company.

An offshore account abroad means safety and reliability. A current account abroad is your opportunity to keep and increase your financial assets, and protection of such funds from third parties claims. You can have access to your account from all over the world, whereby the information about you or your assets is kept by a bank fully confidential. The safety of international banking operations is guaranteed by international banking standards. For that reason, many of our clients prefer foreign accounts. The offshore account in the chosen jurisdiction opened in accordance with the respective legislation is an advantageous solution for success of your business and the safety of your funds. Depending on the country, banks provide various options for opening an account depending on its purpose and activities, therefore it is necessary to compare the banks and make the decision in line with your requirements.

An offshore account abroad can be opened by a natural person as well as by a legal person. The reasons for opening such an account usually are: accumulation of funds, international business financing, investments, access to the essential instruments for trading operations, favorable terms for currency conversion, tax planning, possibility to work effectively on the international markets.

An offshore account – how to open it?

For the start, it is necessary to define the advantageous features of opening bank account abroad. Opening an account abroad will ensure the confidentiality of your data and safety of your investments and savings. In order to make the right decision, it is necessary to analyze and choose the most suitable options for opening a bank account. Those options can vary depending on the types of banks in different countries. Then you must determine what the offshore account is for and for what type of business this offshore account abroad is needed. As a matter of fact, in some banks it is more useful to have a bank account for frequent and fast financial transactions, and in others - for a long-term savings and accumulation of funds.

An international company in a contemporary world can have unlimited number of bank accounts in various banks across the world. Our company, depending on customers' individual requirements, recommends, for example, banks of one type for activities with few large transactions, and of another type - for many smaller transactions. The most important condition when choosing a bank where to open an offshore account abroad is the client's convenience on daily basis when working with such bank.

Offshore account opening abroad is our daily business. Our company is the official and authorized representative of certain banks abroad and we are also qualified to give advice and consultation on choosing a right bank for you.

We have the facilities to prepare all the documents for an offshore account opening and arranging your meeting with a bank representative In the bank of your choice in order to complete the bank account opening abroad.

We regularly advice our clients and handle the issues related to the choice of a suitable jurisdiction for the offshore account opening. In order to receive the detailed information on the offshore account opening abroad, you should contact our specialists via phone or email; After such request you will receive complete information on the subject.

Opening bank account abroad is the logical continuation of the offshore / onshore company registration process. One also ought not to forget about opening a personal account, which can be opened together with the offshore company registration as well as separately.