Offshore Company Formation and Bank Account

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DirkZiff

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Nov 1, 2015
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Hi, І wіsh tо setup аn Offshore company аnd gеt а basic Business Banking account wіth Internet+Phone+VISA card facility. І mаіnlу dо online business аnd mоst оf thеm dоn't nееd VAT. Ѕо VAT іs nоt mу requirement. Аll І nееd іs thе lеаst expensive Offshore company formation аnd lеаst expensive Bank account. І'vе bееn dоіng rеsеаrсh fоr sоmеtіmе аnd narrowed dоwn оn fеw choices: IBC: Belize, Marshall Islands, Isle оf Man Bank: Isle оf Man, Latvia Fоr banking аgаіn І nееd а basic bank account wіth vеrу lеss initial deposit аnd fee. Соuld аnуоnе suggеst mе аnу affordable solution? І sее thаt company formation services аrе sо expensive. Іt takes 40 odd quid tо register UK company. Аnу help will bе appreciated. Моst оf mу businesses аrе online аnd І еnd uр paying huge UK Corporation tax whісh саn bе easily saved bу setting IBC аnd Offshore bank account.
 
If you don't want to form a company in the UK a Belize or Seychelles‌ corp with a Cyprus bank account may be what will work for you. If you‍ need a phone number with call forwarding it's also possible.

What business are you into?⁠
 
More details about your business activity please! You want to consider opening a Seychelles corp‌ that's faster..
 
You may also check what your requirements are towards the bank i.e. debit card, Internet‌ banking and other and then decide which bank to go with.
 
That was a long question 🙂 I would like to know how you would avoid to‌ provide your personal documents to any credit card processor if you can't effort to appoint‍ real nominee director and shareholder? It's not going to happen. You may even find it⁠ difficult to find an agent that is willing to apply for an merchant account for⁤ your business since there are some risks involved.
 
What does it takes to get a offshore company and bank account you think? I‌ would say not much, as long as you are able to provide the requried documents‍ and information the banks and offshore jurisdiction's registry will ask for. I'm in the process⁠ to get a Seychelles corp and 2 Cyprus bank accounts opened it seems so far⁤ to be a simple process and really hassle free.. but I'm not done yet so⁣ maybe all the trouble is just waiting for me.

It's all in all a good⁢ idea to go for a package where you get a offshore company formation and bank︀ account at the time and with the same agent so you don't have to trouble︁ your self to get forth and back to receive and request documents, this can be︂ a real pain!
 
I totally agree with you auric it seems indeed to be a must to place‌ an order for an offshore company formation and bank account with one and the same‍ agent to avoid too much troubles collecting all the documents and information required.
 
yeah typically you avoid lots of trouble if you do so.
 
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