Offshore Banking generally applies to any investor who is interested in setting up an overseas bank account. This could be an investor looking to diversify and keep their investments in more than one place, to invest in financial products not available in their home country, or to invest in a more favorable tax environment to protect their assets.

Monaco Offshore Banking License Legal Requirements

Monaco Offshore Banking License Requirements

Description

General

  • Corporate  vehicle permitted

Monaco Company

  • Local physical office required

No

Directors

  • Minimum number

2

  • Corporate directorship allowed

Yes

  • Local director required

No

Shareholders

  • Minimum number

2

  • Corporate shareholders allowed

Yes

  • Local  shareholders required

No

Service Providers Required

  • Company Secretary

Yes

Accounts

  • Requirements to File

Yes

Monaco Offshore Banking License Tax Treatment

No tax income earned outside of home countries

Monaco Offshore Banking License Duration for set up

2- 3 Months

Monaco Offshore Banking License Distinctive Benefits

  1. Diversification of investments internationally
  2. Favorable tax environment
  3. Heightened banking confidentiality
  4. Access to foreign investments and products

Why US (Key Strengths)

  1. We will advise you on the optimal legal structure for your requirements, size, expectations and circumstances.
  2. Valsen will assist to complete every form for each process in the best way we know how (Based on our many years’ experience with various regulators and service providers across the world)
  3. We are very hands on in the post filing period checking with the regulator and service providers and updating you regularly.
  4. Any queries raised by the regulators and service providers during processing will be quickly synthesized by us and we shall craft the right responses to move the process forward fast.
  5. We have a full in-house compliance support for all compliance requirements with the regulator and service providers