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Banks

 

History:

The Bank was established as a product of two austrian Raiffeisen banks (Kleinwalsertal and Vorarlberg) in 1998.
The parent bank in Kleinwalsertal, being the largest Raiffeisen bank, was established in 1894 and by 2004 was managing the assets in amount of 2,3 billion Euro. The bank received numerous awards and occupies first places amongst  notable companies specialized in asset management

Shareholders:

75 % is held by Raiffeisenbank AG (the largest Raiffeisenbank in Austria); and 25% is held by Raiffeisenbank Vorarlberg

Types of Accounts:

Personal, corporate

Opening Balance:

100 000 ЕURO/ USD

Minimum Deposit:

100 000 ЕURO / USD

Service Fees:

280 Swiss Franks annually
To manage capitals with public funds the bank charges: 1 % of 0-10 million SWF upon depositing and 0,6 % annually thereafter
Securities depositing: 0.1 - 0.3 % of deposited value annually.
Transaction fees may vary upon agreement with the bank

Execution of Payments:

The Bank is flexible towards special conditions of payment execution.

Account Management:

As agreed: by phone, fax or personally

Time of opening bank account:

7-10 days, after the bank receives all required papers

Personnel:

Russian, English, German-speaking

Credit Cards:

MasterCard ЕURO, USD, CHF – for personal accounts;
ЕURO, CHF for corporate clients

Other banking products:

Capital investments in shares of reputable banks or companies globally (bonds, shares, obligations and certificates)
Lombard credits
Private insurance programs

Visit to the Bank:

Not required, however recommended
The bank officer pays monthly visit to Moscow

Profitability/reliability of investment products:

Interview with the bank’s officer goes along with signatory of bank’s forms and  certification of required copies

Account Opening procedure:

Passport,  documents confirming the income: balance,  tax declaration, corporate  papers 

Nature of Accounts:

depository

France Publishes 2011 Fiscal Activity Report

5/21/2012 7:27:00 AM

The French finance ministry has recently published its 2011 fiscal activity report, detailing action taken by the ministry last year as part of its fiscal and economic strategy, aimed at promoting sustainable growth.
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FAQ
What is offshore?

The word "offshore" has no precise legal dictionary definition, it simply means "situated or operating in a foreign country or at some distance from the shore" and reflects the fact that most low tax jurisdictions are islands.

read more >>

Portfolio of Laws
- BVI - Trustee (Amendment) Act, 2003

- Cayman Islands - The Companies Law (CAP.22) - (2002 Revision)

- Cyprus - The Income Tax Law of 2002

more laws >>

Comparison Table >>
60 Cannon Street, London, EC4N 6NP,
tel.+44 207-002 1304, +44 207-002 1305, E-mail: gsl@gsl.co.uk
G.S.L. Law & Consulting