Jun 4, 2020 | Bank account opening, Company formation in Hungary, Low tax company formation, Offshore companies
Yes, up to a certain level, a fintech account provides a solution, especially, when the „normal” commercial banks do not open a bank account for traditional offshore companies. It is obvious, that the lifetime of such offshore companies is over. Today, to implement a... 
May 12, 2020 | Bank account opening, Company formation in Hungary, Low tax company formation
One of the winners of this „COVID-19-situation” are the IT companies and the connected services, industries. We can realize all over the world, that due to the increased demand, the revenue of such IT companies is fastly growing. And we can notice this looking at the... 
May 4, 2020 | Bank account opening, Company formation in Hungary, Low tax company formation
During the period of coronavirus pandemic, we here in the LAVECO Ltd realized, that the clients are looking for solutions, where the company formation and the bank account opening can be done without a personal visit. We have started to sort out such a possible... 
Feb 24, 2020 | Bank account opening, Company formation in Hungary, Low tax company formation
Today, many clients try to achieve the impossible: to open a bank account for a classical offshore (BVI, Belize, Seychelle, Panama, etc.) company. However I try to explain it to the clients already the last 3 years: it has no sense because the banks do not want to... 
Nov 26, 2019 | Offshore companies
First of all, this is a totally illegal method. There is no more classical money laundering formula than if somebody hides the real beneficial owner on purpose and use another one for the registers and submit this data to the bank also. Any bank noticing this fact,...