IBC company with corporate bank accountS | gbo-il en - your single corporate services source

 What are the benefits of forming a company with corporate bank account?

  • Strict confidentiality and privacy, with no public records of ownership
  • No corporate taxes
  • No accounting or annual filings in most cases
  • Protection from lawsuits
  • Protection from unwarranted snooping of your finances
  • The opportunity to store funds in multiply currencies outside of your home country.
  • Online access 24/7 from anywhere in the world
  • Low fees

Banks are usually not situated in the same country or jurisdiction as the account holder or investor.

The location of the banks, situated in tax havens, provide account holders with the benefits of extensive asset security, protection and privacy.

These jurisdictions also often allow for easing of limitations of the different types of offshore banking accounts available, and how they can be managed.

This results in decreased regulation and often leads to a considerable reduction in tax liability. We will focus only on those jurisdictions who have demonstrated that they provide significant benefits as mentioned above.

Locations of banks are on islands –  for example the Caymans or Channel islands, or in countries like Switzerland.

Where Should an ohore Bank Account be Established?

Choosing the proper jurisdiction for banking is very important.  Banking goals should be assessed, the benefits whether in taxation or confidentiality should be weighed and then the jurisdiction should be chosen.

There are a few jurisdictions that do not manage and regulate their banking institutions well, however, the informed investor or advisor will not recommend these jurisdictions to their clients.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *

Need more information ? contact us

Ygal alon 65 st, Tel Aviv, Israel

 | Skype: gbointernational | Phone: +972 351042570 |  Email: [email protected]


The opinions expressed on this page are the views of the author(s) and do not necessarily reflect the views of GBO International Financial Services (“GBO”). Responsibility for the information and opinions expressed lies entirely with the author(s). We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the information, products, services, or related graphics contained on this page for any purpose. Any reliance you place on such information is strictly at your own risk. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website and/or reliance on any content contained therein
GBO does not provide any tax consultation and the information provided should not be seen as a substitute for professional consultation with the appropriate experts. We do not take responsibility for any harm caused as a result of using the information provided herein. All the information provided on this site is general and is not intended to pose a particular opinion and/or be seen as legal advice. You may not duplicate, copy, photograph, record, translate or transmit any of the material on this site without the written permission of the site owners.

Please read our Terms of Service, Privacy Policy and Use of Cookies.

The website belong to

GBO International financial Services ltd 2011