Maksym Stepanenko
Managing Partner, Crystal Tax
International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.
Revolut is a payment system that has been operating since 2015. It includes the following services:
Currency is converted at the exchange rate. This is the main feature of Revolut, which distinguishes it from others. To manage your account, use a special convenient mobile application. In it, you can do all operations and control the account.
Nice bonus - cash can be withdrawn for free at any ATM.
There is only one minus - an extra charge on weekends for expenses abroad. Exchange currency in advance when planning a trip on Saturday and Sunday.
With this payment system, you will have a UK checking account. On the balance sheet, you can keep 29 different currencies of the world (!). This makes Revolut a convenient and flexible payment tool.
If you used to pay a commission when shopping abroad, you can forget about it with this means of payment. It is very convenient for those who travel a lot and often. And above all, it is designed for mobile people.
In addition, group storage can be considered an advantage of this payment system - use the card together with relatives and friends.
Revolut is on its way to becoming a full-fledged bank. In 2018, the payment system received a license from the European Central Bank. The functionality of the account is not inferior to classic bank accounts and even surpasses it.
You should open an account with Revolut, if only because the UK banking system is considered one of the most reliable in the world.
The app is password and fingerprint protected. You can instantly freeze or unfreeze the card in the application if it is forgotten in an untrusted place, lost or stolen. You can turn online payments on and off, set a spending limit on the card.
All questions can be directed to the support team via the in-app chat.
Maksym Stepanenko
Managing Partner, Crystal Tax
International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.
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Our advantages
Corporate structuring, company registration in Ukraine and abroad, tax and reporting, migration, bank accounts, DUNS and NCAGE codes. We run the whole project, from choosing the solution to the finished documents.
Confidentiality terms are set out in our contract. We do not pass information about a client or their project to third parties, except where the law expressly requires it.
We compare jurisdictions against your business task: tax regime, reporting, substance requirements and access to banking. On the call we go through the upsides and the limits of each option.
We name the timeline for every step before the work starts — it depends on the jurisdiction, the registrar and the bank. Personal data is used only to deliver the service.
We handle the correspondence with registrars, government bodies and banks and answer their requests ourselves. From you we need documents and signatures.
We take each case to the finish: if an authority or registrar comes back with remarks, we revise the documents at no extra charge. The fee is calculated for your task before work starts.