Corporate account
Opening
One of the primary goals for the business after successful license obtainment is reliable bank account opening. Acquiring a corporate account for any form of legal entity is a critical necessity, and in today’s landscape, initiating a partnership with a financial institution can prove to be a complex enterprise. Legalaes have bank solutions for regular business, as well as for high-risk business.
Banks identify high-risk business as Crypto, Forex, Gambling and Fintech industries. What makes it logical since mentioned business activity assets have exhibited a high degree of volatility, and present risks for banks.
Therefore, approach for opening bank account for high-risk business must be taken serious and must be entrust to professionals, to describe and provide correct documentation, because often if bank refuses first application, second try is not possible in the same financial institution.
Also, important to note, that even if shareholder is foreigner or is out of EU/EEA borders, it is still possible to open bank account, since Legalaes have partnership agreement with Financial Institutions and can provide international solutions. Based on your company’s corporate structure, business operations, and risk profile, we can promptly assess the likelihood of success with specific banks.
We can also introduce you to suitable financial institutions, guide you through the necessary steps to successfully open an account, and even handle the entire process on your behalf, from completing the application to the actual opening of the business account.
High-Risk businesses
consider:
Crypto business activity
Forex business activity
Gambling and online casino
Investments and remittances
Brand new company with foreigner shareholder
Legalaes process
01
Priorities Assessment
We conduct a thorough analysis of your specific business requirements.
02
Business Model Analysis
We study carefully your company’s legal structure and operating activities to tailor our approach accordingly.
03
Financial Institution Selection
We provide you with a carefully curated list of financial institutions that align with your needs for your further consideration and application.
04
Corporate Structure Consultation
We offer guidance on optimizing your corporate structure to meet the expectations of banks and financial institutions.
05
Business Plan Support
We assist you in the preparation, adjustment, and formalization of your business plan and description of operating activities, ensuring they meet the criteria required by financial institutions.
06
Document Requirements
We provide list of essential documents you need to gather and prepare for the application process, streamlining the application procedure for your convenience.
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