Formation of approaches to the functioning of the bank in the context of sustainable development
The world community is unanimous about the need to make changes in the functioning of banks and an understanding of their role in the financial market. So, according to V.V.…

Continue reading →

Theoretical aspects of cash and settlement services for individuals and legal entities
The banking system is a combination of credit institutions and various types of national banks operating through a monetary mechanism. Commercial banks are banks, service organizations, as well as their…

...

Deutsche Bank leaves Latvia
Recently, Deutsche Bank has received several heavy blows to its reputation and pocket. He was accused of helping with money laundering, fraud and tax evasion. And then they wrote out…

...

Offshore World Bank Almanac - Canada
Canada is not a traditional offshore jurisdiction. Taxes in Canada are higher than in the US, and you are unlikely to open an account in Canada remotely without special knowledge…

Continue reading →

doing everything

How to open a foreign bank account that will not be closed due to the lack of confirmation of registration of this account in the tax

Many foreign banks, which still open accounts for non-residents, are beginning to demand documents that taxes on amounts in the account as personal income have been paid. Some foreign banks are even starting to demand a certificate from the clients from the Russian Federation on the fact of informing the tax authorities of the Russian Federation about the existence of an account abroad. Naturally if
A foreign bank account for the FTS lately is something like a red rag for a bull. Continue reading

Bank accounts in the UAE: changes and innovations

Unfortunately, in the UAE there are only a few banks that work with offshore, it is:
Emirates NBD, and the bank requires that the average monthly account balance be maintained at least $ 137,000;
United Arab Bank, and the bank requires that the average monthly balance on the account be maintained at least $ 100,000;
RAK Bank, and the bank requires that the average monthly account balance be maintained at least $ 275,000.
In addition, in order to apply for opening accounts of offshore companies in these banks, the owner of the company (shareholder) must be a resident of the UAE – in order to have a rationale for why you need a bank account in the UAE. Continue reading

Brunei Offshore: Will Brunei offshore jurisdiction suit you?

Offshore Brunei – a tiny state that bites into the territory of Malaysia and wins not only a place under the sun, but also millions of investments. The country has one of the highest per capita income levels and offers interesting offshore opportunities for international business.
By the way, despite the wealth, sneezing on the street is not worth it – a fine is written for it.
ofsor (Offshore Brunei – fined for sneeze, not bank secrecy)
General data about Brunei Continue reading