Bank Services
Nearly half of all banking transactions (by value) in the world today is made by means of an offshore financial center, directly or indirectly. Business Supplies / KIMAB has established relationships with a number leading international banking institutions.
We will forward you to the right bank contact abroad or in Sweden.
Among the advantages of banking services through an offshore center that we can offer are:
• High level of personal service
• Confidentiality and integrity
• No withholding taxes
• Access to the international capital market
• Provision of international investment
• Individually designed financial products
• Loans in various currencies, including the Swedish kronor
• Bank transfers abroad
• Internet banking
• Personal and business debet/credit cards
Among the banks within our extensive contactnetwork are:
• Barclays Bank PLC
• National Westminster Bank PLC
• Lloyds Bank PLC
• Midland Bank PLC
• Safra Bank
• Credit Suisse
• BPCA (Banu Popuplaire de la Cote d `Azur)
• Handelsbanken Int.
• FBME Bank
• Compagnie Monégasque de Banque
Services in jurisdictions
Incorporation
Registered corporate office of jurisdiction
Each company shall have a registered office to which legal documents and acts can be sent or delivered.
It is also possible, if the customer so prefers, to use the same address as our office in England as the
customer's company address.
In most jurisdictions there is an obligation to keep records of the company's shareholders, directors and
officers and a copy of the company seal/logo at the registered office.
KIMAB offer local representation, an agent in the jurisdiction in which the company is incorporated in
case so is required by law.
The internal auditor and external auditor
Each company is obliged to appoint an internal auditor.
This person is an official of the company with responsibility for the company registry and following the local law.
An external auditor can be provided as well.
Preparation and submission of annual accounts
Companies must submit annual accounts to the local authorities. At the same time a registration fee is due as well.
In some jurisdictions accounts audit is required. Late submission of annual accounts results in penalties and, possibly,
exclusion from the register. The financial statements typically contain information about the board, secretary, registered
office, share capital, loans and any other financial information.
Correspondence and billing
Letters, faxes and phone messages can be sent to the company's registered office and dealt with there.
Mail, faxes and other messages can be forwarded. Correspondence can be kept until the clients contact us.
Invoices can be printed and mailed from the registered office. This service is included in the annual fee, with
the exception when it is rendered frequently on a regular basis.
Visa applications
We assist with visa applications.
Legal services, finance, tax issues, accounting, management
We offer services within in law, finance, tax, accounting, management. In addition, we can arrange
contact with local specialists in these fields.
Banking relationships
We work with banks worldwide.
Among various services we can provide are new bank accounts and related advice.
Board members, management, etc.
Documentation
Board of directors, shareholders, sharehold and share transfer, the original certificate,
the board's responsibility, control, ownership, confidentiality, authorized signatory,
instructions to the bank, and much more is included in our range of advice and services.
Privacy
All correspondence between us and our clients are treated confidentially.