Offshore banking – the instrument for privacy and tax exemption!
Bank Account Assistance Services
Offshore Banking is an increasingly secure, stable and reliable banking option and can help gain a strategic presence in an emerging financial market.
Those hoping to undertake Offshore Banking can do so in a relatively quick time.
Investors undertaking Offshore Banking can track their transaction worldwide via Internet banking, which is offered with most of the Offshore bank accounts. There are also no funds transfer restrictions.
With recent legislation, governments worldwide have achieved significantly more access to banking information.
EPRO offers a safe, legal and tax-free account structure providing complete anonymity and fully legal tax exemption. We can establish a unique structure whereby the account is held in the name of a specially-formed offshore corporation, which is legally exempted from all taxes, book-keeping, auditing or reporting.
Having an offshore company as official account holder is a crucial point. Opening a foreign account under a private name would not cease your obligation to list it in your tax declaration. You could simply “forget” to declare it and hope nobody finds out – but it is clearly tax evasion and some risk of exposure will always remain. The offshore company by its nature does not have to pay any taxes. Therefore, having the company filed as anaccount holder you can honestly state you are not owning any overseas accounts whilst the actual control over the account is sole with you.
