Business
Open a professional bank account in the UK

Open a professional bank account in the UK

Bank account in the UK Despite what we you can read on internet, the opening of a bank account in the United Kingdom is no longer possible for non-residents, and professional accounts is not an exception! But why this refusal from the British banks? The problems of...

Why create an offshore company

Why create an offshore company

What is an offshore company? An offshore company is a company that is located outside your country of residence, mostly in a fiscally advantageous jurisdiction. It enables not to pay a lot of taxes and is not allowed to interfere in the businesses of its jurisdiction....

RECENT POSTS

NEW YEAR, NEW NAME, CONTINUED COMMITMENT

Our historical ‘FBS Banking’ trademark was recently acquired by Tradestone Limited, a leading Cyprus based online forex broker (see FBS). Starting 01/01/2021,  our new name is- CALAY Banking™.  Did you know that our previous identity, FBS Banking, was actually made...

Automatic Exchange of Informations – Offshore Taxation

It is in February 2014 that the G20 nations sign the NCEA: Common standard for automatic exchange, premises of a new fiscal exchange agreement. Two years later, almost more than 100 countries are adopting the automatic exchange of information, initially promoted by...

Open a professional bank account in the UK

Bank account in the UK Despite what we you can read on internet, the opening of a bank account in the United Kingdom is no longer possible for non-residents, and professional accounts is not an exception! But why this refusal from the British banks? The problems of...

Banking anonymity: myth or reality?

The fight against tax evasion and money laundering makes banking anonymity increasingly complex and even impossible in some jurisdictions. The automatic exchange of information put in place by the OECD in 2014 is one of the main reason. This agreement forces the banks...

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