Can you guarantee the opening of my offshore company?

[brianK]

I need to know if it is possible that a offshore country can refuse to open a offshore company? If so can a CSP guarantee the opening of a offshore company in a certain offshore jurisdiction?

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Winners never quit and quitters never win....

 

[hugger]

Opening an offshore company is easy.

The difficult part is getting a recognised and respectable‌ bank to open an account with an offshore (tax-haven based) company, especially if the company‍ has a nominee director.

Also, no bank will be keen to offer a Merchant facility⁠ to any such company

 

[JohnLocke]

I agree with hugger, the offshore⁤ company is no problem to incorporate and it is possible to give a 99,9% guarantee⁣ that the company will actually be incorporated.

 

[hugger]

If I buy a Seychelles company with a nominee director (from CCLogic), am I guaranteed‌ a bank account with one of your Cyprus banks?

If the answer is yes, will‍ the nominee director be the signatory to the bank account?

 

[JohnLocke]

No, as you already mentioned yourself, the offshore company i.e. Seychelles company is not the‌ issue the bank account can be. The banks have several requirements that a client need‍ to comply to in order to open a bank account in Cyprus, if he/she fail⁠ they will refuse the account opening. This we can't for any reason not be held⁤ responsible for and for that reason we won't guarantee the account approval. That said, then⁣ the banks in Cyprus are very large and if you are not from a country⁢ with embargo or your are into some prohibited business i.e. pharmacy, gambling, mlm etc. then︀ it will most often not be a problem to get an account approval.

 

[brianK]

Thank you I see, the most important for me is the guarantee for the offshore‌ company, if you fail opening a bank account I will find other countries that will‍ accept my business. Thank you.

 

[warrior]

if someone will give you a guarantee for an approval of a bank account or‌ merchant account then run, run and find a other service:crazy:

 

[marcel]

This is the most stupid question I ever read. A bank is a 3rd party⁠ entity how should someone guarantee an approval it's like saying we are controlling the bank!⁤

 

[stephenbestel]

I can give guarantee that the Bank would open a Merchant Account with an offshore‌ incorporation even with Nominee shareholders and Director. A good bank would accept your business if‍ they find out that it is genuine. I can help if you want

 

[JohnLocke]

I would be courteous if someone make guarantees without knowing my business and without a‌ written pre approval from the Acquiring bank.

Pay attention to the many 3rd party processors‍ that mix not allowed business with legit business, once the bank finds out everyone will⁠ lose their money. These processors disappear as fast as they came.

Also please read the⁤ forum rules stephenbestel! You are not far away from the first infraction.

 

[cosmo]

So offshore company guarantee is not a problem, the bank account will be a problem‌ I guess?

 

[JohnLocke]

True, what we can do is to look‍ into your business case first and ask the bank for a pre-approval after that we⁠ can guarantee the account opening if the business case is exact what the bank has⁤ seen. After we have opened more than 600 individual bank accounts we have seen much⁣ and I can tell you nothing is always as presented to us when it comes⁢ to bank account opening.

 

[stephenbestel]

Lol..bankers are not to be blamed sometimes. Usually bank in offshore jurisdiction have 3 audits‌ (Internal, Hired, Regulator). And each one will pester about KYC documents and monitoring in place‍

 

[cosmo]

Means what? How it change that you can guarantee a⁠ bank account approval?

 

[stephenbestel]

Sorry was commenting on Admin in fact. Well if I have KYC‍ of the Shareholder, BO, Directors and a business plan, I can do something for the⁠ guarantee with banks

 

[cosmo]

That make sense.. I just wonder what you will do if someone has some sort‌ of funny business going behind the scene, will you refund him when you or the‍ bank find out?

 

[stephenbestel]

After opening of account, if banks find out that something is fishy..I will try to‌ find out whether this is true...If its the case, no refund...

 

[moneymaker]

So it is no guarantee it is actually what everyone does!

 

[stephenbestel]

Was wondering if you opened your bank account finally.