Role of Private Banking For Offshore Company

Normally, a company refers to an entity engaged in some business like partnership,corporation and consultancy. Whereas, offshore means outside the nation jurisdiction. So, offshore company means a company running under a jurisdiction outside one's own jurisdiction. For example, for an Australian citizen,BVI is offshore jurisdiction . An offshore company offers greater financial privacy by means of private banking/offshore banking. Private banking provides secure techniques and more attention to high net worth individuals who have huge amount of liquid assets as compared to an average person. such individual's account are not maintainable by retail banks easily. Here private banking comes into picture. They are private in the sense that they never disclose client's account publicly except in case of some serious legal issue. Services/benefits of private banking: • zero/low-level tax services • asset-protection • financial privacy • Internet banking • inexpensive International ATM cards • free account maintenance service • unlimited deposits and withdrawals Learn more about how offshore company incorporation can help with your protection needs by calling act-offshore.com . We form thousands of offshore companies every year, helping thousands of investors with their protection and privacy needs with services of some offshore and onshore banks: • Swiss bank account : Swiss private bank accounts have few superior features that makes a corporation to choose their services. Swiss private banking is world's the most prestigious banking. They allow people to open private bank account only with $300,000 USD to deposit. Swiss private bank accounts ensure excellent growth in business and personal revenue for longterms. • Cyprus bank account : Cyprus has the lowest tax rates out of the 25 European Union member states, making it an incredible offshore center. Cyprus is not considered the perfect location for everyone, as it has signed up to meet the exacting requirements of the EU Savings Tax Directive. However, Cyprus offshore is still very appealing, having over 17,000 offshore companies in Cyprus. The Cyprus banking and legal system are are well regulated. • Hong Kong bank account : Hong Kong offshore banking is popular due to Hong Kong’s excellent reputation as a financial center. they are able to open a Hong Kong corporate bank account quickly and easily. The initial deposit for a Hong Kong corporate bank account is US$2,000 • Luxembourg bank account :An offshore savings bank in Luxembourg is quite easy to open, once required documents are available. Initial deposit to open a Luxembourg private bank account is just 150,000 Euro. Act-offshore has healthy relationship with partners of these banks which assists our clients to open an offshore account easily and quickly. The documents needed by banks are : completed registration form, address proof like passport/identity card, proof of source of investment/funds, summarized business plans of client. Banks may demand additional documents for verification and authorization purposes. Thus, Creating an IBC, is now an easy step process.

 Act-Offshore provides world's most secure offshore services like Offshore Bank Account,Cheap International ATM cards,Offshore Company Formation, International Business Company,Private Banking etc.

BVI company Formation

Some people misinterpret the term offshore as “tax heaven” . But its not true. Offshore generally means “far from shore”. In terms of company formation,it means formation of company away from home jurisdiction. A person may want his company formation in another jurisdiction to take benefits from their jurisdiction. A well structured offshore company formation plan is simple and provides financial privacy for business.

Act-offshore is an offshore incorporation services firm located in British Virgin Islands. we provide clients with services that maximize business profits and revenues with full financial protection. For an offshore company formation, client has to get registered with BVI company. BVI (British Virgin Islands ) is an oldest internationally recognized offshore center. BVI has an independent and healthy leagl system while maintaining common laws of British territory. Many other offshore jurisdictions based themselves on the BVI laws before developing their own corporate laws.

Company formation steps:

• Registration: client can register by either filling online registration form or download it and fax it. For shell companies, you use same form.
• Verification: On receiving your order form, we will contact with client and confirm all information provided by client. Provide accurate contact detail, Otherwise, company formation process to be hanged.
• Documentation: As required by law, we will ask client for some documents like passport or identity card, proof of address etc. Client's information is kept confidential. it is not disclosed in public.
• Payment receipt: client needs to send payment receipt along with documents.
• Document set: we will prepare set of your corporate documents which includes the standard logical sequence of documentation: original Certificate of Incorporation, Memorandum of Association, Articles of Association, appointment of Directors and the allocation of shares, share certificates, copies of the Registrar of Directors and the Registrar of Shareholders. Your documents are signed by agents on your behalf.

BVI company is the International Business Company (IBC). IBC’s are very popular and well known for their flexibility and tax free services.



Services /features of BVI company :

• It provide services for business,E-commerce,Consultants,International business,holding movable or non-movable properties,Stockbroker.
  
• BVI is regulated under the Business Companies Act 2004.
• BVI offers high level of Confidentiality. No officer name is disclosed to the registrar during company registration.
  
• No annual auditing and accounting is needed.
• Their standard currency is USD(US$).
• BVI has a fast and efficient Registration process .it take only 1-2 days to finalize registration.
• Efficient communication medium
• no secretary is required for BVI companies.
• BVI requires Minimum of 1 Director and Shareholder.
• Minimum documentation requirement. A certified copy of your passport (or identity card), and proof of domicile dated less than 3 months are required only.
• To make a document legally acceptable abroad, second-level certification of public documents is done. This is called Apostille legalisation.

We have many offices and branches in many countries. So,we provide services directly without any intermediary. Using our extensive network of professional contacts, we are able to provide qualitative and competitively-priced offshore company formation solutions.

Act-Offshore provides offshore Company Formation, asset protection trusts BVI Company, International Business Company, offshore companies and structures; company management and secretarial services; international trusts and foundation management; offshore banking accounts and technical support services for the international investor.