Corporate Account In A Classic Offshore Jurisdiction In Antigua With A Bank That Has Competitive Banking Fees And Is Strongly Regulated.
Trying to open a new international corporate account with this Antigua private bank will not be easy on your own, so be sure of opening your account by using the expert services of the Offshore Pro Group. This bank in Antigua and Barbuda has a number of advantages for you:
- Antigua and Barbuda is a tax haven
- Competitive bank fees and charges
- The jurisdiction is classic offshore
- Choose from two types of account
- Remote opening of your corporate account means no travelling to Antigua
- Availability of credit and debit cards
- Multi lingual online banking
To start all of this off just connect with us through email email@example.com so that we can prepare to provide you with the professional guidance and advice that will be needed to successfully establish your new international corporate account with this Antiguan bank. We have provided a lot of information for you and a questionnaire that we need you to respond to fully please Selecting The Right Non Resident Corporate Account From The Experts.
Why You Should Consider The Jurisdiction Of Antigua And Barbuda For Your Corporate Account
Antigua and Barbuda are two separate islands under the same governance situated in the Leeward Islands of the West Indies in the Caribbean. Antigua is the much larger of the two islands and Barbuda lies off of its coastline. Antigua gained its independence from Great Britain in 1981 and these days the population is around 72,000 people.
English law forms the basis for the judicial system in Antigua and Barbuda and it uses a unitary parliamentary system for governance. Executive power is wielded by the government alone whereas legislative power is provided through the government and the two Chambers of Parliament. The country uses the East Caribbean Dollar (XCD) as its official currency and this is pegged to the US Dollar (USD) at a rate that varies. The official language is English.
Antigua has seen its economy grow in recent years and a lot of this is down to the increase in foreign investment. The number one economic sector is tourism and the country has many attractions to offer the tourist. The country is a member of the Organization for Economic Cooperation and Development (OECD) and it is both socially and politically stable.
Antigua and Barbuda is a classic offshore jurisdiction that is well known right across the world. The country is also a tax haven and there are a number of tax benefits. Non resident corporate accounts will not be taxed and any revenue that is obtained from overseas is not subject to taxation. Levy estate taxes or inheritance taxes are not applied either.
Financial institutions and banks in Antigua are under the stringent regulation of the Financial Services Regulatory Commission (FSRC). The vision of the FSRC is to regulate and closely supervise the Antiguan financial services sector to ensure stability and be fully compliant with international banking standards. Its aim is to make Antigua a first class international financial center that is renowned worldwide.
To maintain even tighter control over the financial institutions of Antigua, the FSRC is constantly reviewing its monitoring practices and systems. The financial reputation of Antigua and Barbuda is its first priority. There is zero tolerance of illegal monetary practices such as terrorism financing and money laundering. The FSRC monitors financial institutions very closely to ensure that these activities never take place.
Antigua and Barbuda is an attractive jurisdiction for your international corporate account when you take into consideration the growth of the economy and the social and political stability. The very stringent banking regulations and the close scrutiny of the FSRC means that you can be certain your assets will be well looked after in the country.
Why This Bank In Antigua For Your International Corporate Account?
The bank in Antigua is modern and uses the latest technology and tools to serve the requirements of the market. The clients of the bank are treated very well, and it always aims to provide the most comprehensive range of financial and banking services to satisfy the needs of its clients.
All of the bank’s representatives have been through extensive training and they will provide a high degree of personal attention to their clients so that they can deliver a premier service to them. Once you become a client, the bank personnel will quickly get to know you and will want to fully understand your business and personal financial aims. The philosophy of the bank is heritage preservation and discretion.
The bank’s mission is the growth of its client’s wealth which leads to the overall growth of the bank itself. It aims to do this within a framework that is legal, ethical and socially responsible. The vision is achieved through the provision of high quality financial services and products that have intelligence. All of this is under the umbrella of good corporate governance and responsibility when it comes to risk management.
Values that the bank strongly believes in include creativity, resource management that creates efficiency, using wisdom in all of its day to day operations, being constantly honest and ethical and ensuring that proactive steps are taken to enhance the wealth of its clients to maintain the future development of the bank.
You will be able to establish a brand new non resident corporate account with this Antiguan bank with the expert advice provided to you by the Offshore Pro Group. As soon as your corporate account has been set up there will be several banking and financial services made available to you.
The Corporate Banking Services Provided By This Antigua And Barbuda International Bank
It is entirely possible to open your international corporate account with this Antiguan bank remotely with the professional help of the Offshore Pro Group. You will not have to make any travel arrangements to visit Antigua and meet with banking staff there.
Your current account for your corporate account can be a choice of two. The “Blue” current account is a classic style of account which offers no interest on balances. It is designed to be used by businesses for day to day operations, and there is no limit to the number of transactions that can be executed through this account. You will be issued with a MasterCard debit card so that you can have complete access to your funds at all times.
The other current account available is the “Black” account and this is designed to be used for part of your business activities and to manage a portion of your capital. Interest is accrued each day on the account balance and is paid out at the month end. This account is also supplied with a MasterCard debit card for access to your capital.
Credit cards can also be applied for from this bank and they have a number of advantages. With the MasterCard logo on them they can be used for purchases at millions of places across the globe that accepts MasterCard as a form of payment. Three credit cards are on offer and these are gold, platinum and black. If you have a Black current account you can apply for the Black credit card.
Payroll cards are also available from this bank. These can be provided to all employees to avoid the need to wire salaries or cut checks for each individual. They are MasterCard branded so they can be used for cash withdrawals at ATM’s and also to purchase goods and services almost anywhere. Employees do not have to have a bank account to use these cards as they are pre paid and it is a lot safer than being paid by cash.
The bank will allow you to access your new international corporate account through its highly secure Internet banking service. This means that your account can be accessed from anywhere on a 24/7 basis. The service is multilingual and English and Spanish is available. You will have full control of your corporate accounts with this service and you will also be able to track credit card transactions and balances.
Once your choice of current accounts has been made you will be required to make a minimum deposit of 5,000 US Dollars (USD) if you have selected a blue account or 10,000 US Dollars (USD) if the Black account has been chosen. Your corporate accounts will also be subjected to minimum balance requirements to avoid additional charges by the bank and these balances are at least 5000 US Dollars (USD) for a Blue account and at least 10,000 US Dollars (USD) for a Black account.
The bank will levy fees for account maintenance and all transactions and these fees can often be subject to change. Your Offshore Pro Group expert will be able to provide you with the most current list of fees so please ask them to do this. If you would like us to help you with negotiations with the bank for the best fees, then please request this from your consultant.
Below Is The Step By Step Instruction List For The Certain Opening Of Your International Corporate Account
The step by step list that you see below contains the actions that are required for the smooth opening of a non resident corporate account in this Antigua and Barbuda bank. Pease go through these steps in the right order:
- Step number one is to establish contact with us using this email firstname.lastname@example.org and after we receive your email we will begin to offer you the expert guidance that is necessary for you to open your international corporate account in Antigua successfully. Step number two is to complete the questionnaire on this informative page in full, so that we have all of the information that we need to help you The Experts Advise On The Correct Choice Of International Corporate Account.
You may already be aware that having a solitary non resident corporate account can mean that you will face a number of risks. These risks can be alleviated with the opening of another non resident corporate account the risks of holding just one non resident corporate account.
- We will provide our expert services to you so that you will be able to open an international corporate bank account in Antigua. We respectfully request a one off payment for our professional assistance of 2999 Euros (EUR). Payments through Western Union, Bitcoin, Money Gram, Web Money, direct bank transfer and credit cards are all acceptable.
- To open a corporate account, certified (notarized) documents in English (or a certified translation) for Authorized Signatories, Director’s, Shareholder’s and Ultimate Beneficial Owners must be provided:
- A certified copy of the holder’s passport that bears the ID photograph and has been signed
- A certified copy of a government issued national ID card with ID photograph (if this applies)
- Bank references (two)
- Personal references (two)
- Original utility bill for electricity, cable, gas, telephone or water that includes full street address and post code
- Financial statement ( bank statement acceptable)
The following corporate documentation must also be provided:
- Copy of the Establishment Register, all Modifications and Effective
- Certificate of Good Standing (if company is older than 1 year)
- Copy of RIF (Current) or equivalent if available
- Financial Statements
- A Power of attorney for opening and managing an account, if the person’s rights to open /disposal account are not clear from the constituent documents of the company
- Copy of Deed of Trust (in case of Nominal Shareholder)
Once you have all of these documents in place please send them over to us and they will be thoroughly examined to ensure that they meet with the requirements of the bank. If they do we will send them off to the bank fast. It will take the bank in Antigua approximately 15 working days to establish your new international corporate account.
Be sure to act now and start your application for a new Antiguan international corporate account with this bank. Send an email to us now email@example.com so that we can begin to assist you.