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Banks

 

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):

 

 

 

Ireland Will Not Budge On Corporate Tax Rate

5/20/2012 7:07:00 AM

Hiking Ireland’s corporation tax rate is not in the country’s interests, Prime Minister Enda Kenny has said, a sentiment backed up by his deputy and Finance Minister, who have also stressed that Ireland remains firm in its position on the tax.
read more >>

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