To store your business income separately from personal or other types of profit, it is necessary to open a stand-alone bank account – this is not dependent on the nature of your business. A bank account on behalf of the business makes transactions legitimate. However, depending on the way the business is officially created, business bank accounts can have different features. Corporate bank accounts have the most academic requirements, yet provide more features and have fewer restrictions.

A business or corporate bank account can be created for any kind of business organisation, including a Corporation (Corp), Limited Company (Ltd), International Business Company (IBC) or any kind of partnership.

Limited liability is one of the main types of corporation. Business assets are divided from the owner’s liability and assets, which means the corporate bank account offers protection of business assets that a regular business account may not. It depends on what kind of business for which the account is opened.

In order to assist our customers professionally, we work closely with leading reliable banks worldwide. Offshore Desk provides services not only to create accounts with the most reliable banks in more than 25 countries worldwide, but also helps significantly to choose the right bank, which can become a partner with specific place of registration and special activities.