Notice* If you are considering opening an offshore bank
account, please read this information first.
Offshore companies are a legal, sensible way for individuals and business owners to
pay less tax. An offshore company can be used to help provide for your family, avoid
inheritance tax, capital gains tax and much more.
Many offshore service providers that are found online are simply resale agents who
offer offshore companies coupled with offshore bank accounts at a cheap price to
attract new clients. What these agents do not tell you is that after you’ve
purchased an offshore company there is a long, complex list of other steps that need
to be taken before you can begin trading and open and operate your corporate bank
We are approached by people every day who have purchased an offshore company
elsewhere only to find they are not able to open a bank account. In any industry,
including offshore finance, there are good, reputable banks and there are poor ones.
There are websites online that pose as banks yet are not, and yet can look extremely
inviting and professional.
Use Recognized International Banks
However, there are international banks who specifically cater for genuine
offshore clients whether corporate or personal, and these banks are established,
profitable and secure institutions that provide a professional service to their
clients on an international basis and in a multitude of languages. These are the
banks that we deal with. There is nothing illegal in having an offshore bank
Before you go ahead please take a look at some of our bullet points
on some of the main aspects involved:
- Offshore companies and offshore bank accounts are perfectly legal. In fact
some of our politicians own and operate offshore bank accounts.
- You might want to think about having your company documents certified by a
notary in the country of its incorporation.
- In order for your company documents to be accepted in any of our offshore
banks they will be required to be sent for the apostile. This is an
international recognition that the documents certified are genuine and a
process we can manage for you.
- If the above has been done then there is no need to travel to open a bank
account, it can done electronically.
- You may need to take tax advice from a experienced professional. Some
accountants are not familiar with the complexities of offshore companies.
- Never buy an offshore company ‘off the shelf’. You do not know what
skeletons it has in its closet.
- Remember that some jurisdictions require you to visit the bank in person.
- Think twice about how you want to structure your new company before
incorporating it. For example, making use of nominee directors as well as
nominee shareholders can add a further layer of protection and privacy to
your entity. If you are a director or indeed a shareholder of a company and
plan to take an income from it then you will need to declare this in the
country that you are tax resident in. You should take professional advice on
- Check the minimum funds required to be deposited in your new offshore bank.
This can range from zero to $50,000 and upwards.
Create your offshore company correctly and safely.
As you can see there are many complex aspects to the process, which is why you
should use the services of a trusted corporate service provider such as JHB
Associates OÜ to manage the entire process for you. Don’t take risks with your
money – allow us to create your offshore company and account in the correct and
We are experts in opening offshore bank accounts for clients. We do things right
the first time. We structure your offshore company in the correct way to enable
you to use it to its full potential and we simplify the process, removing risk.
So if you are thinking about starting an offshore company, forming a trust or
opening an offshore bank account then talk to the experts and be in complete
control of your money.
Call us, email us or complete our online enquiry form to