The trust is a contractual relationship in which the original owner of the asset (the settlor) transfers all or part of its assets to the trustee, with the purpose that the trustee: manages, administers, exercises ownership rights, preserves and increases its value, contributesthe assets to the beneficiary or group of beneficiaries specified by the settlor. There are three participants in fiduciary management: the trustee (fiduciary), the beneficiary and the settlor (property owner). All three can be natural people or a legal entity. All three roles can be filled by more than one person, and this is usually the case with trustees and beneficiaries.

There are multiple reasons for an Offshore Bank Account. Lower Taxes, Strict Privacy Rules, Asset Protection, Safest Offshore Banks and Low Corruption are just a few benefits for entrepreneurs going offshore. We will help you on how to open an offshore bank account legally outside of your home country. We show you how to find the best offshore banks in the world. What we recommend is fully compliant with the laws in your home jurisdiction and the laws in the chosen offshore jurisdiction.

International Tax Planning require extensive local and global knowledge in areas like double taxation treaties, witholding taxes, permanent establishments, location of management and control, transfer pricing, BEPS, EU laws and regulations. Prime's team of experts can taylor tax efficient and compliant corporate structures to fit your business, both SME and large international corporations. We have the best team of consultants, lawyers, and accountants to take care of your company's registration procedures.

Offshore Company Registration can benefit entrepreneurs from tax minimisation or safeguard assets with a low or no-tax offshore jurisdiction with corporate laws that maximise financial privacy for both individuals and corporations. Prime Business Consulting Kft has a team of experienced professionals including accountants, bankers and lawyers that assess emerging offshore destinations for company formations. We assist you with all aspects of offshore company registration, including virtual offices at prestigious locations and offshore bank accounts with the world's leading financial institutions.

Whether you are an investment service provider, a commercial bank, or opening an offshore bank account, we offer our clients a full range of financial institutions. Companies registered for favorable locations generally have access to financial services anywhere in the world, so there is no obligation to open a bank account in the country where the company is incorporated.