USA & US companies

US corporations

Caracteristics

Nominee Director

Apostille

 

BANK

US corporations have to open one or several business checking accounts in the USA or elsewhere in the world. 

In the USA

Opening an account in the USA in the State of incorporation of your corporate is possible, but with certain precautions in order not to loose offshore status.

This bank account will have to be used as an holding account, without commercial transactions such as : 

• Cashing or issuing of letters of credit (LC), stand-by letter of credit (SBLC), bail, bank guarantee
• Trading transactions
• Financial or Stock Market transactions

With these precautions, it is possible to open one or both following accounts in the State of Delaware :

• Business checking account including business debit card (ATM/MAC withdrawal & Visa Card) or cheque book, access to the account via a website.
• Personal account for the manager (same services provided)

An EIN (Employer Identification Number) from the IRS (Internal Revenue Service) is also required.

This number will be the access and security code for the business account link which delivers daily online balance and activity information to your PC.

We are in contact with one the 10 most important US banks.

 

If you want to open an account in an other American State, The procedure is as follows:

The company must have a correspondence address in the State in which the account is to be opened: 

1. It can use the services of a business centre for receiving and sending mail
2. The US company has to be registered as a secondary establishment in a State other than the one it is incorporated in.
3. Opening the business account

It is important to emphasize that this is a difficult and expensive arrangement and should only be chosen if it is absolutely necessary.

 

The rest of the World

A US corporate can have business accounts anywhere in the world, for example : Luxembourg, Gibraltar.. and even in a European country such as France.

A French non-resident account can be opened.

If the corporation is registered, a French resident account could be opened for the French Representative office. 

In any cases, the corporate will have access to means of payment.

Someone who has had chequebook facilities withdrawn in France will be able to have an account with a debit card outside his country.