Terms of Use (ToU) and Legal Notice

By accessing and using offshore-bank-account.com (“the Service”), you agree to be bound by these Terms of Use. If you do not agree with any part of these terms, you must not use our services.

1. Description of Services

The Site offers the following services:

• Offshore bank account opening
• Creation and consultancy for international company formations
• Invoicing outsourcing
• International tax and financial consulting

Browsing the site is possible without account creation.

Elite Offshore acts exclusively as:

• an administrative service provider
• a general tax advisor
• an international company formation specialist

As part of the company formation process, we may undertake administrative steps with the competent authorities in the relevant jurisdictions on behalf of the client.

However, we do not carry out any declarative, administrative, or tax procedures with the authorities of the client’s country of residence, including their local tax administration.

Each client remains responsible for fulfilling their own declarative and tax obligations in their country of residence.

Our professional services include, but are not limited to:

• Assistance with opening foreign bank accounts
• Invoicing outsourcing services
• Personalized financial consulting
• Incorporation of offshore companies with the option of associated business bank accounts

All services require prior contact with Elite Offshore. This step allows us to collect the necessary supporting documents and tailor our offer to the specific needs of each client.

2. Service Fees and Pricing

Banking Services

• Bank account opening: €700 (all-inclusive service)
• Refund guarantee subject to the accuracy and compliance of documents provided

Invoicing Outsourcing Services

• 12% commission deducted at source from each payment received (bank fees are support by the client)
• The commission applies only to incoming payments processed through our service

Company Formation

• Pricing varies according to jurisdiction and selected services
• Optional services: virtual address, office, nominee directors/shareholders, mail handling, etc.
• A personalized quote is provided after a free consultation

All payment terms are specified on the accepted quote or formal offer. No paid service will be initiated without the client’s express agreement.

3. Payment Terms and Refund

Bank Account Opening

• Full payment is required before service commencement
• 100% refund guarantee: a full refund will be provided if we fail to open your bank account with our partner banks, subject to the compliance of the documents provided

Refunds are processed within 7 business days for eligible claims, except in the following cases:

• Submission of false or fraudulent documents
• Incorrect or misleading information provided
• Failure to meet KYC/AML requirements due to false declarations

Company Formation

• Incorporation fees must be paid in advance
• Payment methods are specified in the quote

Invoicing Outsourcing

• 12% commission deducted directly from processed amounts
• All processed transactions are considered final

4. User Obligations

The User agrees to:

• comply with all laws, public order, and good morals when using the Site
• not use the Site or its services for fraudulent, illegal, or harmful purposes, nor harm third parties or the reputation of Elite Offshore
• provide accurate, truthful, and complete information during any interaction with the Site and keep it updated as required

The User is solely responsible for compliance with the laws of their country, especially regarding the declaration of bank accounts, income, or companies abroad.
It is the User’s responsibility to be aware of and comply with all declarative and tax obligations with the relevant authorities.

Elite Offshore does not provide any declarative or administrative services with the client’s local authorities.

The User guarantees:

• the accuracy and completeness of the information provided
• the proactive updating of their information in case of changes
• the confidentiality of their login credentials (where applicable)

Accounts and KYC/AML Compliance

• Provide accurate and complete information for any account opening or service subscription
• Maintain the confidentiality of access information
• Strictly comply with all KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements

Prohibited Activities

• Use of the services for illegal purposes
• Submission of false or misleading information
• Attempting to circumvent security measures

5. Compliance and Regulation

Elite Offshore strictly complies with:

• KYC (Know Your Customer) obligations
• AML (Anti-Money Laundering) regulations
• International banking standards
• Specific requirements of partner jurisdictions

6. Limitation of Liability

Provision of Services

• Our services are provided in accordance with the highest international and professional standards
• Our liability is strictly limited to the contractual services agreed upon

Documents and Information

We ensure the confidentiality and security of your data.

We are not liable in the event of:

• falsified or non-compliant documents provided by the client
• incorrect information provided
• failure to meet KYC/AML obligations due to the client

Professional Advice

• Our tax advice is provided for informational and general purposes only, based on information disclosed during the consultation
• Our advice does not constitute assistance with the filing of tax returns nor the completion of official procedures with local or foreign authorities
• Final business decisions remain the exclusive responsibility of the client

Third-Party Services and Partners

While we carefully select our partners, we are not responsible for any policies, decisions, or changes in compliance requirements by our banking or service partners.

Regulatory Changes

Elite Offshore disclaims all liability for changes to international banking regulations, local legislation, or KYC/AML rules affecting the provision of services.

7. Termination

Elite Offshore reserves the right to terminate or suspend access to its services in the event of:

• breach of these terms
• suspicious activity
• Elite Offshore’s discretionary decision, without prior notice

8. Modification of Terms

Elite Offshore may amend these terms at any time. Continued use of the services after modification constitutes acceptance of the updated terms.

9. Governing Law

These terms are governed by international banking laws and the regulations applicable to offshore financial services.

10. Contact and Contact Information

For any questions about these terms or to request a personalized quote, please contact our team via the contact page.

11. Privacy Policy and GDPR

The collection and processing of your personal data are governed by our Privacy Policy.
For rights and guarantees specific to EU residents, please refer to our GDPR (EU) page.

12. Owner Identity

Company name: Elite Offshore LTD
Address: PO Box 126, Port-Vila, Vanuatu

13. Hosting Provider

Host: Hostinger
Address: Hostinger, UAB, Jonavos g. 60C, Vilnius, 44192, Lithuania

14. Publishing Director

Publishing Director: Marcus Lee

Last update: April 17, 2025