Bank Accounts Offshore

Bank AccountsOffshore
Vanuatu Bank Account
Vanuatu Bank Account
from 890 €
  • Work with non-residents
  • Great offshore banking
  • Good for high risk business
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Seychelles Bank Account
Seychelles Bank Account
from 490 €
  • Work with non-residents
  • Great offshore banking
  • Good for high risk business
more
Saint Vincent & Grenadines Bank Account
Saint Vincent & Grenadines Bank Account
from 540 €
  • Work with non-residents
  • Great offshore banking
  • Good for high risk business
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Saint Lucia Bank Account
Saint Lucia Bank Account
from 540 €
  • Work with non-residents
  • Great offshore banking
  • Good for high risk business
more
Mauritius Bank Account
Mauritius Bank Account
from 510 €
  • Work with non-residents
  • Great offshore banking
  • Good for high risk business
more
Belize Bank Account
Belize Bank Account
from 540 €
  • Work with non-residents
  • Great offshore banking
  • Good for high risk business
more

More info

Bank Accounts Offshore — Open an Offshore Account

For businesses, opening offshore bank accounts is an overlooked option. We tend to associate offshore jurisdictions with tax evasion. It used to be true: companies would move funds in countries where no one could check their statements, so they could avoid taxation. But we have come a long way since these days. Complete bank secrecy is close to non-existent today. The OECD have implemented the Tax Information Exchange Agreements and the strong states and institutions have pressured offshore countries to take part in it.

The financial institutions in the tax havens changed their standards. They used to open an account for whoever came at them with a bit of cash to save. Nowadays, entrance conditions are set and some kind of businesses or suspicious companies will often get turned away.

Why open a bank account offshore for my company?

Unlike a popular belief, it is still an attractive option in many cases. There are no such things as “too many bank accounts”, especially within financial institutions that are working with all the main currencies in the world.

Many possible use cases for an account opened in an offshore jurisdiction:

  • receiving and sending payment from and to countries that are not accessible from your domestic account;
  • get a corporate and merchant account for a high-risk activity;
  • serve as a “before-tax” pocket to spread the income to the relevant entities of a multi-entity corporation;
  • arbitrage the fees for sending and receiving money;
  • opening an account for a company set in a country where you are not residing, and where the banks do not want to work with a non-resident company;
  • protection of your assets;
  • a possibility to safeguard your money in case of an account getting closed.

No setbacks and many potential benefits.

In which offshore country should I open an account?

As for company formation, offshore jurisdictions are competing to provide the best corporate services to non-resident investors and entrepreneurs. The best thing to do is always to question an advisor, such as our experts at LegalBison. All of our specialists have a minimum of 7-8 years of experience in corporate services. Do not hesitate to send a request.

So why should you open a Seychelles bank account for example? It is cheap, quick and easy to do. You can be provided with a working solution with a minimal involvement of time and money, so you can operate in the best delays.

But what if you were concerned about stability and reputation ? Then you may open a Belize bank account. It might be more expensive and take a little bit longer, but then you benefit from the very solid financial system of Belize.

What if I need to buy assets and receive clients' contributions for my newly registered fund? You might want to look into a Mauritius bank account. Mauritius is one of the main financial centers of Africa. Their financial institutions are used to manage investment matters and to deal with different kinds of assets.