Right Way offers registration of your own capital management company or  banking license. If you are planning to provide financial or banking services - please review the following information carefully.

Capital management company allows you to receive, manage and invest other peoples assets. That means you can e.g. open an investment fund without any personal references, without time wasting application periods and without security deposits but with limited liability. You are even allowed to open sub-accounts for your clients. But people investing money usually do not request such services. They have to transfer the funds into an account owned by the capital management company itself. The company is allowed to issue guarantee certificates. 

As the USA and organizations such as OECD and FATF are putting all offshore jurisdictions under pressure it has become extremely difficult to obtain licenses for financial activities. Especially the recent changes have been very negative. Most jurisdictions have stopped to further issue banking licenses or now only accept international reputed banks as applicants for local sublicenses. Other jurisdictions now require several million US dollars as reserve fund paid to the national bank without granting any interest. This of course has strengthened those dealers that market licenses for lowest fees on the Internet. We do not want to talk about competitors and their way of doing business. However, if somebody charges you less then the official governmental fees or if somebody offers you licenses out of countries that stopped issuing them years ago you can be sure it is fraud. Nobody can promise you a license for EUR 10,000 or even less nowadays. 

Time has changed. Two or three years ago one could choose between many different options to find a license for the lowest rates and requirements. Today one has to investigate carefully in order to find authorities willing to issue a license for acceptable conditions and requirements. This is why we have started years ago to provide an alternative solution: a capital management company. Because of its wide range of allowed activities this company should be carefully watched. Below we have listed the most important facts about capital management companies on the on hand side and banks on the other. 

Capital Management Company

The capital management company allows you to receive, manage and invest other people's assets, issue ATM debit cards etc. In other words you can obtain a license to conduct almost all financial services within a very short application time and without any reserve funds or paid up capital.  

Capital Management Company is used for a variety of purposes:

• Accept deposits outside the controlled environment. This is an increasingly popular activity, particularly for foreign currency deposits.
• Book transactions which do not fall within the domestic jurisdiction such as large internationally syndicated loans particularly where the participating banks are located in various jurisdictions.
• Make loans which are tax effective to their clients.
• Avoid onerous debt-equity ratios and lending restrictions applicable in the more severely regulated jurisdictions in which they operate.
• Issue debit/credit cards
• Provide their clients with banking secrecy.

Such companies are created to handle external borrowing or to consolidate intra-group finance or banking transactions. Corporations involved in international trade may use a Capital Management Company as a foreign or multi-currency management centre. Eurocurrency market underwriting are often raised through captive offshore banks or finance companies.
The activities of international finance companies also fall within the category of offshore banking. These activities may include external loan raising, provision of confirming finance to clients and group entities, discounting or factoring of intra-group and other debts, and tax effective intra-group loans.

The leasing of equipment through an offshore based captive finance company is another useful offshore banking concept. This activity may be for the purpose of providing vendor lease finance to group customers or to fund group asset acquisitions.

The incorporation takes 1 week. The incorporation fees for Capital Management Company are EUR 21,000 including 12 month maintaining fees and EUR 2,000 from the second year. The companies are fully active and can conduct all its allowed activities for those basic fees.

As additional service a cor. bank account is available for a one-time fee of EUR 2,500.