Administration, Accountancy & Banking

SCF has a dedicated team of administrative, accountacy & banking experts to help run your Company

Where SCF Legal & Corporate Management Services Limited has been appointed company managers then we can arrange for banking facilities from a wide range of institutions around Europe and indeed the rest of the World. In addition, our consultants can discuss the exact administrative, accountancy and nominee and management services that your company will require in order to make it succeed both from a business and fiscal perspective.

Banking Options

Opening up a bank account is now far more difficult than before 9/11 and in effect means that virtually all major clearing banks in the EU now want a licensed trust company (such as the SCF Group) to oversee corporate bank account management. In addition, if confidentiality is required, recent legislation in many countries (including the UK) now mean that it is often advisable to use a bank from a country other than one from your place of fiscal residence.

 
Banking Option 1 - Employing no nominees and owning a company directly; this is the easiest method but directly links a company to you. This structure may not be suitable for all purposes and could potentially have negative tax consequences.

No Cost

Banking Option 2 – Use a Company with licensed nominees to open up a bank account for your company with you known to the bank as the ultimate beneficial owner - A consultant will advise on the best location depending on your requirements.

Cost  €750.00

€300.00 p.a*

*This is to cover administrative costs involved in keeping copy statements, signing any documents to maintain but not upgrade Corporate Banking Facilities. For other services pleae discuss with your Consultant.

Banking & Accountancy Option 3 – This includes the provision of licensed corporate nominees, the opening of an account with a UK/EU clearing bank, the application for a debit card, access to the corporate account manager between 9-5.30, 5 days a week, up to 100 input and output transactions, preparation of corporate accounts to trial balance + quarterly reports - Essential for all trading non-passive companies.

Cost €1,500.00 p.a