Tag: Business and Finance

What is CRS?

CRS or Common Reporting Standard is a globally accepted standard for the automatic exchange of financial information. It was developed by the Organisation for Economic Cooperation and Development (OECD).

CRS requires that banks and other financial institutions identify it’s customers tax residencies and report financial accounts held directly or indirectly by foreign tax residents to local tax authorities. It also requires tax authorities (in participating countries) to exchange this information.

There are 104 countries that accepted this standard and new participants join each year.

Is there still countries where this set of rules do not apply?

The answer is yes!

Serbia is still not one of 104 countries that signed AEOI convention. It is not even on the list of countries that set a date to join.

Benefits of such system are obvious.

What also should be highlighted when talking on this subject is the fact that there are 27 banks currently operating in Serbia.

Most of them are branches of major European, Russian, Turkish and worldwide banking groups and they are able to provide full range of banking services.

Those are the main reasons that Serbia is considered as one of the most interesting destinations for individuals and companies that are planing business relocation and tax optimization.

More and more companies, not only from EU and CIS countries, but also from jurisdictions that have been until recently considered as safe havens, are now looking for better and safer solution.

Many of them found that solution in a form of local Serbian company or by establishing a branch of an existing foreign comapny in Serbia.

And for many of them Welcome to Serbia is the key part of the solution.

You can contact us for more information today!

Call us at + 381 60 0622942
Write us at online@welcometoserbia.org
We help you protect your funds.

OUR NEW BESTSELLER!
GET 36% OFF NOW
ON BANKING PACKAGE OFFER
SWISS BANK ACCOUNTS + SERBIAN BANK ACCOUNTS

What are the advantages of a Swiss bank account?

We manage to partner with a bank which made accessible Swiss bank accounts to almost anyone and not only to millionaires. Since we are living in countries with volatile governments, unstable banking systems and unfriendly regulations this is a must have for any wealthy person who wants to preserve its own independence.

With CRS protection solution, we managed to help the clients to preserve good old PRIVACY.
At the same time, easy and straightforward process of opening a bank account has become a major selling point of our banking multi jurisdiction package.

The main benefits of Swiss bank accounts
– the low levels of financial risk and high levels of privacy and security they offer
– the Swiss economy is one of the most stable in the world and has not been involved in any conflicts in
hundreds of years.
– Swiss law requires that banks have high capital requirements and strong depositor protection, which
practically ensures that any deposits will be safe from financial crisis and conflict.
What types of bank accounts are offered in Swiss bank?
Swiss bank offers both personal and business accounts.
Do I need to be physically present in Switzerland to open an account?
It is possible to open a bank account in Switzerland remotely.
What documents do I need?
Here is the documentation required:
• Passport
• Proof of residence (residence permit, work visa, etc)
• Proof of address such as a recent utility bill
• Documentation explaining the origin of your funds with simplified compliance procedure
Can I open an Swiss bank account for my old offshore company?
We can certainly do this. This type of account can be used only for investments however in combination with bank account in Serbia, you will be able to do any kind of commercial operations.

Conditions, regulations and bank policies are constantly changing so do not hesitate to use this
opportunity in order satisfy your banking needs.

What are the advantages of a Serbian bank account?
The main benefits of Serbian bank accounts
– Serbia is NOT part of the Automatic Exchange of Information convention.
– Account available in USD, EUR, CHF, TRY, RUB, GBP, CAD, DKK, JPY, SEK
– Trade finance instruments Letter of Credit, Bank Guarantee, SWIFT payments are offered by several
local banks
– E-banking (support available in English), M banking, Debit cards
– Back to back (cash deposit) loans
– Easy sale with Serbian banks E-commerce service (Merchant accounts)
–  Cash handling
–  Anonymous credit cards
–  Open your personal bank account just in 1 day
– Business accounts can be opened in 7 – 10 days
–  Simple and easy compliance procedures

We work with many International banks in Serbia and we will pick the proper one for you.
Our Premium service approach includes:
– Full legal support by our in house licenced lawyers
–  24/7 support in English, Russian, Spanish and Turkish
–  Consultation by ex-bankers from our team regarding your business structuring
Why should I have Switzerland and Serbian bank accounts?
– the best long-term solution at this moment combining the safest and most flexible banking systems
nowadays
– Swiss bank account for access to prime financial products and capital markets, accumulating wealth
and Serbian bank account for all commercial activities without restriction
– free transfer money between banks in Switzerland and Serbia

OPEN AN BANKS ACCOUNTS IN SWISS AND SERBIA NOW FOR ONLY EUR 9.900!
Please contact us for more information.
Email: info@swissinternationalpartners.com

SWISS INTERNATIONAL PARTNERS AND WTS
OFFER YOU SPECIAL LIMITED TIME BANKING PACKAGE OFFER!
OUR NEW BESTSELLER!
SWISS BANK ACCOUNTS + SERBIAN BANK ACCOUNTS
What you get with our banking package

– PERSONAL SWISS BANK ACCOUNT
– CORPORATE SWISS NON-RESIDENCE BANK ACCOUNT EUR 4,900
– BRANCH OFFICE IN SERBIA WITH 3 BUSINESS ACCOUNTS EUR 7,900
– PERSONAL BANK ACCOUNT IN SERBIA EUR 2,900

TOTAL EUR 15.700
GET 36% OFF NOW EUR 9.900

Our recommendation would be BANKING PACKAGE + ULTIMATE CRS PROTECTION (Serbian Residence) EUR 4,900
(Since Serbia is not part of CRS no information is exchanged about account of
Serbian residents)

Please contact us for more information.
Email: info@swissinternationalpartners.com