Bank License- Offshore Bank License

We form companies with a bank for our clients - and/or financial services license, i.e. asset management companies, primarily in the following countries: Germany,Liechtenstein,Switzerland,Belize,Cayman Islands,New Zealand and Sweden.

Learn More: Basic Considerations regarding the Formation of a Bank -Our exposee regarding Bank licences can be downloaded here


Services Bank License- Offshore Bank License:

Our Law firm incorporates banks, financial services institutes in the EEC (Germany, Switzerland and Liechtenstein), USA and Offshore (Cayman Islands, Belize and St. Vincent). Further we set up New Zealand financial services institutes with licence to operate bank business (OFC). For a SWIFT connection you always need an A-licence-bank. On your request we can offer a broad list of services needed to set up a bank with SWIFT:

 

  • Incorporation of the company of the bank
  • Apply for admission to hold an A-licence
  • Setup of a place of business at the jurisdiction of your bank
  • Recruiting of fit & proper personnel for the management of the bank according to international banking law
  • Connecting to a rating agency (Rating, Basel II), e.g. Moodys, S&P
  • Connection to Society for Worldwide Interbank Financial Telecommunication (SWIFT, appointments at SWIFT), Swift-Code and IBAN
  • Connection to deposit guarantee fund
  • Banking Law (general terms and conditions of the bank, credit agreements, due diligence, compliance, etc.)
  • Representative offices or branches in other countries
  • Tax planning and routing of dividends e.g. by setting up a holding


General Information with regard to Bank Licensing, Provision of Financial Services, Asset Management Companies

The licensing prerequisites differ greatly from country to country, in particular with regard to required capital stock of the bank and/or asset management company. The basis is, as a rule, the installation of a stock corporation according the respective laws of the country in which the company is registered, in addition the installation of an ordinary company seat in the country in which the company is registered. This stock corporation applies for a financial service provider and/or bank license. An excellent alternative can be a New Zealand Bank. A New Zealand Online Bank (correct term: New Zealand financial service provider with a banking license) both private persons and companies can offer bank services via the Internet without any restriction on customer numbers, deposit amounts or the number of currencies.

The fees for the foundation of a bank and/or asset management company are based on the country in which the entity is registered and the type of services. To learn more please refer to the individual web pages.

Bank License-Tax Structure

In addition, in the formation of a bank or asset management company tax structuring plays an important role. We take over tax structuring within the scope of the "affiliated companies", for example foreign parent company and domestic subsidiary, formation of a foreign holding to collect domestic dividends exempt from taxes and many more.
 

The Correspondent Bank (Correspondent Bank Account)

We are the only provider in Europe to provide a connection to correspondent banks in Liechtenstein, Switzerland, Singapore or UAE.

Bank License-Banking Software Online Banking

We offer our clients NexorOne online banking software for example: within the scope of the formation of a New Zealand financial services provider company with a license for banking services, installation of an asset management company and/or Swedish Credit Union. The full version of the software provides complete online banking services, it is however only available in English.

Learn More: Basic Considerations regarding the Formation of a Bank