Offshore bank licence

Opening an offshore bank in a foreign jurisdiction requires obtaining a license. This particular type of activity belongs to the category of those that necessarily fall under the licensing procedure. As practice shows, it is at this step that many legal entities often face major difficulties, since each jurisdiction may have its own requirements. At the same time, there are also differences in the process of issuing a license. If you turn to the specialists of our company for help, you can apply for a license as soon as possible and choose the most suitable jurisdiction.

If we consider all licenses of offshore banking institutions, they can be conditionally divided into the following categories:

1. General - the peculiarity of such licenses is that, if available, a banking institution has the opportunity not only to perform the process of providing services in an offshore zone, but also to obtain licenses in offshore jurisdictions. The bank receives restrictions on working in a certain territory.

The choice of a particular category may depend on many related factors.

The main advantages of an offshore bank license

The main advantages of an offshore bank license include the following:

• the ability to manage cash flows on a legal basis;
• a legal entity significantly improves its own image;
• the process of issuing bonds;
• the provision of loans and credit lines;
• the ability to open a fairly flexible bank account;
• gaining access to financial markets and banking information.

How to get an offshore bank license? But this includes the following:

• Charter;
• The legal form of the banking institution and its name;
• Business and bank references;
• Director's information;
• Passport information of all shareholders;
• Currency type and share denomination;
• Share type;
• Banking company reserves;
• Security and capital structure;
• Supporting documentation on the payment of the authorized capital;
• Data on investment resources;
• Offered services;
• Information on the auditor and agent;
• Applications for licenses;
• Business plan.

What services can be obtained from our company?

If you need to obtain an offshore bank license, you can contact our specialists who are ready to provide such popular services:

• conducting a thorough analysis of those jurisdictions that will be suitable for opening an offshore bank;
• selection of the most optimal jurisdiction;
• creation of a company;
• preparatory process related to the collection of all documents;
• comprehensive services aimed at obtaining a license as soon as possible;
• professional support from specialists after the license is obtained.

Therefore, in order to avoid mistakes during this important action, it is better to seek the help of real professionals.