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Introduction Incorporation Services Bank Account Opening IBC Packages

Copyright © 2008 - 2015.  Pevex-Offshore is a trading name of TMS FZE. Licensed Corporate Service Provider.
 Registered in RAK (Ras Al-Khaimah) UAE. Licence No. L1 04 15 427

 All rights reserved.

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Offshore Blog


Opening an offshore bank account (or even an onshore bank account) for an offshore or Low-Tax company is very different to opening an account in your local high street. The most important reasons are: that in nearly all cases ‘our’ banks will open accounts remotely i.e. without a personal visit, which increases the risk for the bank. In addition offshore banks generally do not lend (unlike retail banks) and therefore are financed by their fees and charges. Please do not expect cheap banking.

Having said that, we offer introductions to a number of reputable banks.

A summary of these banks’ main features, maintenance costs and the costs of basic services can be found on our Bank Comparison page.

We offer a range of Incorporation Services for both offshore and onshore company formation:

Zero-Tax - RAK, Belize, Seychelles, Dominica etc.

Low-Tax - Cyprus, Singapore, Hong Kong etc.


See our wide selection of low and zero tax jurisdictions


Pevex Offshore offers a wide range of company formation services at reasonable cost, and can introduce clients to a range of on- and offshore banks. We also offer a range of good value offshore IBC packages + bank account + business address for those who are “ready to go”.


We offer a complete offshore company formation package consisting of an IBC in one of several jurisdictions, a business bank account  together with a business address from US$1,675. All packages also include a business address in Malaysia. We have three IBC packages on offer:

1. ‘Indian Ocean’, which is a Seychelles company with a bank account in Mauritius (with ABC Bank).

2. ‘Caribbean’, which is a St Lucia IBC together with a St Lucia bank account (BOSLIL).

3. ‘Mix your own’, offers a choice of a Belize, Dominica or Seychelles IBC together with a bank account at one of several banks.


We offer offshore company formation and management services in both Low-Tax countries (Cyprus, Ireland, Hong Kong, & Singapore); as well a selection of Zero-Tax IBC jurisdictions including Belize, Dominica, Seychelles, RAK - UAE, St Vincent, and St Lucia amongst others.

Please click here for a summary of our fees & costs.

Also available are Gibraltar and Guatemala, both of which operate, not as IBCs, but on a territorial taxation basis - similar to Hong Kong.

In most cases IBCs can be set up within a few days, as can Singapore and Hong Kong. Other jurisdictions e.g. Cyprus take about 10 days with Guatemala being the slowest (4 weeks or so).

Anguilla Belize BVI Cyprus Dominica Hong Kong Mauritius Nevis Panama Seychelles Singapore St Lucia St. Vincent RAK UAE
Find out company formation fees & costs
ABC Bank - Mauritius BOSLIL - Bank of St Lucia DBS and OCBC Singapore Meinl Bank - Austria Noor Bank - Dubai Norvik Banka - Latvia Pasta Banka - Latvia
Indian Ocean Package - Seychelles Caribbean Package - St Lucia Mix Your Own Package

Full information about packages

Pevex Offshore was established in 2008 and is now a part of The TMS Group.

It comprises of a successful team of accountants, corporate tax advisors and company managers with long experience and with the emphasis on privacy.

We treat each client individually and provide tailor made services.

Have a look at all our banks

Please click on any of the jurisdictions below for more detailed information.

Please click on any of our featured banks below for more detailed information.

Please click on any of our IBC packages below for more detailed information.


If yes, Please Contact us

Are you a professional advisor looking to set up a company for your client?