Luxembourg,
Luxembourg National Rating [10], World Rating [382].
Credit Rating :
S&P’s: AA-;A-1+
History:
Established in 1967 as Compagnie Luxembourgeoise de Banque SA. In 1977 changed its name to Compagnie Luxembourg de la Dresdner Bank AG – Dresdner Bank International. The current Banks's name exists since 1989. Ultimate parent company Allianz AG. Member of International Capital Market Association.
Shareholders:
The Bank is a joint stock company, 100% owned by the Dresdner Bank AG, Frankfurt am Main
Types of Accounts:
Private (numbered) and corporate accounts
Opening Balance:
As agreed with the Bank officer, but not less than 10% of the minimum required deposit
Minimum Deposit:
300 000 USD
Service Fees:
Average, typical for the banking services fees set by banks of Luxembourg.
Execution of Payments:
Date of valuation is the next day.
Account Management:
fax + confirmation by phone call, code word
Time of opening a bank account:
Two to four weeks
Personnel:
Russian-speaking also
Credit Cards:
All major payment systems available
Other banking products:
Asset management, global markets, global finance, foreign exchange, project and structured financing, money markets, private banking, syndicated loans and underwriting
Profitability/reliability of investment products:
High
Visit to the Bank:
Not required. But it is strongly recommended – to facilitate the opening of account.
Account Opening procedure:
Interview with the Bank officeк during his/her visit to Moscow (once a quarter)
Required Documents:
Copy of passport, corporate documents
Nature of Accounts:
Private and commercial banking
Our Evaluation (max 10):
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.
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.
