Banking Structures

The evolution of your business demands setting your own financial structure which allows running banking business thus to minimize costs. Gaining of an established bank is a labour-intensive and difficult process, nowadays it is quite hard to open correspondent accounts for the banks of that kind.

ESEConsultCorp. can provide extensive information concerning forming a complete financial structure with the account system and license for the financial business.

Our offer is based on the idea “to go” service which includes: the accounts (in 15-20 different banks), direct merchant, producing company cards and obtaining the license.

At the present moment we offer the following variants.

The First Decision
The Republic of Mauritius

The most optimal decision – is to establish your own financial company in the Republic of Mauritius and to get the license of the Financial Services Commission.

The advantage consists in the following facts – they do not speak much about this republic and having this company it is quite easy for you to open accounts in Moslem countries because the fifth part of the population (17%) of the republic is Moslems. (About 50%   are Buddhist and this fact does not “frighten” European banks). The legislation is based on the English one.

The presentation of statutory documentation is not required by the existing legislation of the Republic of Mauritius, so you can minimize costs for audit and maintenance of the company.

The outlook is 4-5 years.

The fee for this decision (incl. the procedure of receiving the license, bank accounts and merchant) is US $ 138 000.

The Second Decision
New Zealand

The jurisdiction of New Zealand is not commonly known, the legislation is based on the English one. Concerning its distance from Europe there are no strict requirements of the presentation of annual returns or audited accounts or main tenancy or any other statutory documentation. The main task here is to prolong the license and registration. And it is necessary to be cautious working with Australian citizens because some limitations are set for them.

The outlook is 3-5 years.

The fee for this decision is US $165 000.

The Third Decision
Great Britain

English financial company with the department and office in Scotland LP (as equivalent for English LLP). Within 2 years the legislation of Great Britain will become tougher concerning low taxation companies.

The cost of the forming a company is US $ 120 000 + current expenses. (It is hard to calculate the complete price for this service because there are requirements to represent the statutory documentation and annual audit report).

In comparison with the jurisdictions listed above this variant is quite expensive because of the payments which are hard to plan or foresee. The outlook is termless.

Due to introducing amendments into the legislation of Great Britain and necessity to get legal advice of the lawyers this service of our company is most expensive concerning the maintenance and monthly payments for a proper functioning of the company.

The advantage – is an undoubted reputation and stability of a political system in the country of registration.

The Fourth Decision
The Republic of Panama

The registration of a financial company in the Republic of Panama is the most popular trend at the moment. The outlook is 1-2 years; there will be observed sufficient tightening of the financial laws. This service is ideal for a short-term projects which are planned for 1-1,5 years.

The fee for the forming a financial structure is US $ 90 000.