US Tax Free LLC
US Bank Account with
JPMorgan Chase and Bank of America
Remote Bank Account Opening

Inclusions:

US LLC Incorporation Services
Nominee US LLC Manager
Nominee US Resident Account Signatory
US Business Bank Account with JPMorgan Chase and/or Bank of America (remotely)
Application for US EIN number with Internal Revenue Service (IRS) *
Registered Office in the State of Formation
Mail Forwarding Services
Exclusive Telephone Line in the State, any of those listed below
Roaming Services **
Local Registered Agent, as legally required –
Corporate Management and Compliance services under USA Laws, including and preparing annual Filings and Reports

* As legally required for bank account opening in USA
** To divert all calls to your own phone number outside US
As required to receive bank SMS codes to confirm transactions

US States where you can register your LLC

Delaware LLC
Florida LLC
New Jersey LLC
New Mexico LLC
New York LLC
Colorado LLC
Kentucky LLC
Michigan LLC
Mississippi LLC
Nevada LLC

JPMorgan Chase and Bank of America
Advantages
The 2 largest banks in USA

Because of strict U.S. banking regulations it is very hard for a non-resident to open bank account without a visit to the USA.

Taking into account that trip to the U.S. could be exhausting, time-consuming and expensive it’s a good idea to have someone professional in the United States who could take care of your American business day-to-day activity, including banking.

At TBA we open business operating accounts by becoming a member of client’s current or newly established company. The controlling interest is held by the client, and we are listed as a Manager or CFO with 0% ownership interest.

It allows us to form bank accounts and ensure the LLC remains in good standing. Please note that we remain the only signer on the account until non-resident owner(s) can come to the United States to change it, should they wish to become the direct and sole signatories on the account, and sole Managers on the LLC.

JPMorgan Chase and Bank of America
Corporate Accounts

Business account opened with JPMorgan Chase, a major U.S. bank under your American company name with full banking functionality.

You will be able to receive payments from your U.S. or international clients; send funds to your home country or anywhere in the world; set up Stripe, PayPal or other merchant account; work with Amazon, Shopify and other e-commerce tools; do almost everything any U.S. company can do.

Service type Corporate Account
Financial institution type Top 1 U.S. Bank
Business checking account Yes
Remote opening Yes
Internet banking Yes
Debit card Yes
Platinum status * Yes
Opening time 5 business days
Minimum initial deposit $100
Domestic ACH & wires Yes
International transfers Yes
Can be used for Amazon or Shopify Yes
Can be used for Stripe or PayPal Yes
Account under your company name Yes
U.S. company required? Yes

* All our clients get Platinum status with Corporate Account option:
– All incoming wires are free of charge (instead of $15 fee)
– $0 account fees
– Four outgoing wires are free of charge (instead of $25 fee for U.S. and $40 fee for
international wire)

** Maintenance fee covers:
– Platinum status (for Corporate Account only)
– Ensuring account compliance, to preserve long term account sustainability
– Resolving online banking support issues
– Visiting bank offices to sign additional documentation where required
– Forwarding bank mail
– Attending to issues raised by bank on the account
– Insurance global for being an account signatory

If your business has special needs in terms of international wire transfers, bank of choice, processing time and so on, let us know.

We help open Platinum business accounts at JPMorgan Chase and Bank of America, remotely, within 1-week time only.

JPMorgan Chase and Bank of America
Platinum Account Status

All our clients get Platinum status which means:

– All incoming wires are free of charge (instead of $15 for all incoming wires)
– Zero account fees
– Four outgoing wires per month free of charge (instead of $25 fee for domestic and $40 fee for international outgoing wires)

Our services include LLC (Nominee) Manager, Account Signatory and ongoing account maintenance and compliance

JPMorgan Chase and Bank of America Accounts
How they work

You can wire and receive funds from almost anywhere in the world except, of course, “classic“ no go locations like North Korea or Iraq. We have clients who wired funds to countries like Oman without a problem.

We also welcomed a prospect from Russia’s “Forbes 30 Under 30” on board without any resistance from these banks.

The US LLC (Limited Liability Company) opening the account with JPMorgan Chase, will be fully owned by the client (Member), while we shall act as the Manager of the US LLC and respective Account Signatory.

However, and while a signer on the account, the account will be fully managed by the Client, while the appointed signer on the account will be fully available to usual and regular required personal visits to the branch to complete some paperwork or fix eventual issues.

With our maintenance service while acting as signer on the account, client has Platinum status which means there are no bank fees. Client can receive and send wires free of charge. In a usual scenario if they sent four outgoing international wires, they would pay $160 in fees ($40 each). Through us it will be zero.

Our appointed signatory on the account will remain as a signer until Client can come to the US to replace him, should that be Client’s decision and wish. If client would like to open bank account by visiting the USA, we will welcome you at our nearest JPMorgan Chase branch.

Whichever the option, Client can operate the account freely using online banking app or website.

How to operate and confirm transactions with
JPMorgan Chase and Bank of America accounts

Both JPMorgan Chase and Bank of America, they send SMS with verification code to client’s US phone number. For US number, should you need, we shall take care to provide you a local US exclusive number, to receive JPMorgan Chase SMS and automatically divert/forward it to your own local number outside US.

To offer you the necessary legal protection and comfort dealing with us, and somehow mitigate risks we have a Consulting Agreement which restricts money usage by the Nominee Signatory. Copy will be released upon your request, should you be interested to proceed, and before you take your decision.

In terms of Taxation in USA

Client doesn’t have to pay US taxes, since will operate via a US LLC – Limited Liability Company; this LLC can be registered at any US State but must report to IRS by filing forms 1120 and 5472. We can help preparing and filing such regular reports.

Is bank account opening guaranteed?

Yes. But if you had any problems with U.S. banks in the past this may take some time for us to figure out the proper solution.

How is it guaranteed?

We act as your U.S. representative in a bank. Banks are more loyal and less suspicious about U.S. residents comparing to non-resident applicants.

What documents and information do you require?

Documents

– formation certificate of US company
– EIN
– passport for each founder
– proof of residential address for each founder

Information:

– nature of business
– ownership structure
– business email

Our Services

TBA Services before you deal directly with the bank by yourself:

Independent advice to help you build the right LLC ownership structure;
Support regarding due diligence requirements;
Assistance with filling in the required forms;
Provision of properly legalized corporate documentation where applicable;
Representing you before the bank in the course of account opening;

– We guarantee you will get JPMorgan Chase Platinum status
– Constantly working with compliance to be sure that account is in good standing and won’t be shut down
– Resolving issues with the bank that require personal visit
– Resolving issues fast with the help of fellow bank management
– Real US office address for the bank (US banks often close foreign-owned accounts with virtual office as a place of business so we use our office address to comply with the bank and keep account open)
– Handling paper checks
– Virtual CFO consultation

Why TBA

What separates us from our competitors is that our services don’t end with the registration of your company. We offer a wide range of additional services others can’t or just won’t offer, such as lifetime free support.

Whilst most providers either specialise on personalized consultation at relatively high rates or run bulk registration factories without any support, we want to offer the positive aspects of both types.

Therefore TBA combines professional advice, worldwide registration services, reasonable fees, customized order processing, lifetime support and fast processing. Where others see company formation services as a bulk registration with no support and no individual assistance, we do care about your business needs.

Should you have any question or matter
You would like to discuss or clarify with us

Or

Should you like to receive further Information
About our services and fees, …

Our multi-lingual team of business advisors is happy to assist you with all upcoming questions and issues in relation to your company.

You may call or email us, and we will be happy to assist you in a fast and efficient manner.

You can also come and visit us at our Limassol offices to discuss issues face to face if you prefer. Just arrange an appointment and we will be happy to meet with you.