Maksym Stepanenko
Managing Partner, Crystal Tax
International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.
Are you planning to open an account with a European bank? Then you should think about Liechtenstein. The favorable and stable economic situation in the country attracts foreign entrepreneurs and investors from all over the world, opening up new opportunities for them to work. If you have been thinking about opening an account in such a country, let's get down to the details and find out why you need the help of a specialist.
Lichtenstein's banks are the most reliable and secure in the world. If you decide to place your assets in any of them, you can forget about such a feeling as worrying about finances. But you will open up new opportunities for their multiplication. As well as many other benefits:
Not to mention that by opening a bank account in Liechtenstein, you provide yourself with quality service, access to various banking and financial services. But access to such opportunities will be open to you only on the condition that you are not engaged in the provision of financial services, cryptocurrency, online marketing, bookmaking and online casinos, weapons and art trade. If you comply with these conditions and you are pleased with the offered opportunities, let's figure out what is required to register a bank account.
Let's start with the main thing - with restrictions. There is a category of people who cannot open a bank account in Liechtenstein. These are US citizens or its taxpayers, as well as residents from hot spots, the service is not available. But citizens of European countries, China, Turkey or the CIS are always welcome in Liechtenstein banks. You are required to confirm that the annual turnover on the account will be at least 3-5 million US dollars.
If the annual turnover of payments is more than 250, the bank will require an increase in the amount of the deposit. And the permanent balance cannot fall below 5,000. In addition to compliance with these conditions, it is necessary to collect a huge package of documents, including certificates of the legality of incoming funds. It is worth noting that each individual bank may request other documents, so each situation is individual. All of them must be in English and notarized.
And the banking system will consider your request within three weeks. By choosing to open a bank account in Liechtenstein, you get full protection and safety of personal data, even at the request of other states. Due to this feature, they are so scrupulous in their choice of customers. If you want to get the desired result, you should seek the help of an experienced team.
This is exactly what you will find at the consulting firm Crystal Tax. Choosing us, you provide yourself with assistance and solutions to any problem from a whole team of experienced and qualified lawyers, financiers and accountants. Without the need for your personal presence, they will easily provide access to multicurrency transactions, fixed deposits, and the SWIFT system.
With our help, you can open any type of account, get physical cards and determine the appropriate type of settlement currency. In addition, they will help you figure out the type of card, because each service has its own cost. Together with this, our team of specialists provides:
But the main reason why you should use the services of the Crystal Tax team is that we save you time, nerves and effort that you can spend on more pleasant things, achieving the result you need at that moment.</ p>
If this is exactly what you were looking for, sign up for a consultation and we will help you get what you want!
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.