Global turnkey solutions in 2023
For our Clients who need immediate corporate solutions, Healy Consultants offers turnkey fast solutions. Within a week, we will supply our Client i) an already established company registration number and address and ii) an already approved corporate bank account with e-banking activated.
Please click the link headings below for more information:
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Why turnkey solutions
To provide comfort to our Clients, all Healy Consultants turnkey solutions are accompanied with:
- Some Clients need new companies swiftly for various reasons including i) requiring business bank accounts to immediately receive sales income and ii) closing important sales contracts. In such scenarios, it is not practical for our Clients to go through the process of registering new companies and opening new corporate bank accounts. A process that can take several months;
- To meet the demands of these Clients, Healy Consultants is always busy registering new companies and opening new corporate bank accounts and putting them in inventory for future Client needs. For this inventory of companies, Aidan Healy is the sole shareholder and director and bank signatory. From the date of incorporation, these entities are dormant;
- In the weeks following sale of the Healy Consultants turnkey solution to our Client, Healy Consultants emails our Client legal and bank forms for their signature, to change the corporate structure to your preferred shareholders and directors and bank signatory.
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Asia Pacific turnkey solutions
Country Cost (US$) How long to obtain: Registration number How long to obtain: Bank account number How long to obtain: Internet banking How long to change: The corporate structure? How long to change: The bank signatories? Detailed project plan Draft invoice Brunei 14,850 1 week 1 week 2 weeks 3 weeks 3 weeks View invoice PDF Cambodia 25,190 1 week 1 week 1 week 1 month 2 months View invoice PDF Hong Kong 15,415 1 week 1 week 1 week 2 weeks 2 weeks View project plan PDF View invoice PDF India 26,795 1 week 1 week 2 weeks 3 weeks 3 weeks View project plan PDF View invoice PDF Indonesia 64,100 1 week 1 week 1 week 2 weeks 1 week View project plan PDF View invoice PDF Singapore 16,610 1 week 1 week 1 week 1 week 2 weeks View project plan PDF View invoice PDF South Korea 19,301 1 week 1 week 1 week 3 weeks 6 weeks View invoice PDF -
Europe turnkey solutions
Country Cost (€) How long to obtain: Registration number How long to obtain: Bank account number How long to obtain: Internet banking How long to change: The corporate structure? How long to change: The bank signatories? Detailed project plan Draft invoice Armenia 17,500 View invoice PDF Bulgaria 14,045 1 week 1 week 1 week 1 week 1 week View invoice PDF View invoice PDF Czech Republic 17,410 View invoice PDF Estonia 11,740 1 week 1 week 2 weeks 3 weeks 3 weeks N/A View invoice PDF Germany 39,800 1 week 1 week 1 week 3 weeks 3 weeks N/A View invoice PDF Hungary 18,510 View invoice PDF Ireland 12,470 1 week 1 week 1 week 2 weeks 3 weeks View invoice PDF View invoice PDF Italy 18,700 N/A View invoice PDF Latvia 13,040 1 week 1 week 1 week 2 weeks 2 weeks View invoice PDF View invoice PDF Lithuania 13,125 1 week 1 week 2 weeks 2 weeks 2 weeks View invoice PDF View invoice PDF Luxembourg 55,170 1 week 1 week 3 weeks 1 week 1 week View invoice PDF View invoice PDF Netherlands 25,970 N/A View invoice PDF Norway 21,710 1 week 1 week 1 week 1 week 2 weeks View invoice PDF Poland 12,660 1 week 1 week 1 week 1 week 2 weeks View invoice PDF View invoice PDF Romania 14,870 1 week 2 weeks 4 weeks 3 weeks 6 weeks N/A View invoice PDF Spain 14,689 1 week 1 week 2 weeks 4 weeks 1 week N/A View invoice PDF Switzerland 17,950 1 week 1 week 1 week 2 weeks 3 weeks View invoice PDF View invoice PDF UK £13,540 1 week 1 week 1 week 3 weeks 3 weeks View invoice PDF View invoice PDF -
Africa/Middle East turnkey solutions
Country Cost (US$) How long to obtain: Registration number How long to obtain: Bank account number How long to obtain: Internet banking How long to change: The corporate structure? How long to change: The bank signatories? Detailed project plan Draft invoice Dubai 38,500 1 week 1 week 1 week 4 weeks 1 week View project plan View invoice PDF Kenya 18,500 1 week 1 week 3 weeks 1 week 2 weeks View project plan View invoice PDF Mozambique 20,890 1 week 1 week 1 week 1 week 2 weeks View project plan View invoice PDF Nigeria 24,890 1 week 1 week 1 week 1 week 1 week View project plan View invoice PDF Ras Al Khaimah Offshore (UAE) 26,600 1 week 1 week 1 week 4 weeks 4 weeks View project plan View invoice PDF South Africa 17,730 1 week 1 week 3 weeks 1 week 1 week View project plan View invoice PDF Tunisia 29,710 1 week 1 week 3 weeks 4 weeks 3 weeks View invoice PDF -
America turnkey solutions
Country Cost (US$) How long to obtain: Registration number How long to obtain: Bank account number How long to obtain: Internet banking How long to change: The corporate structure? How long to change: The bank signatories? Detailed project plan Draft invoice Argentina 27,050 1 week 1 week 3 weeks 1 week 2 weeks View invoice PDF View invoice PDF Brazil 63,300 1 week 1 week 3 weeks 1 week 2 weeks View invoice PDF View invoice PDF Mexico 39,300 1 week 1 week 3 weeks 1 week 2 weeks View invoice PDF View invoice PDF Uruguay 27,435 1 week 1 week 3 weeks 3 weeks 3 weeks View invoice PDF Venezuela 58,960 4 weeks 4 weeks 3 weeks 10 weeks 10 weeks View invoice PDF -
Accounting and tax considerations
The primary purpose of the turnkey solution product and service is to help Clients’ immediately close deals and sign sales contracts. A turnkey solution is not designed to facilitate tax avoidance. It is important our Clients’ are aware of their personal and corporate tax obligations in their country of residence and domicile; and they will fulfill those obligations annually. Let us know if you need Healy Consultants help to clarify your local and international annual tax reporting obligations.
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Corporate bank account considerations
- There is a 25% probability the new bank signatory will need to travel to meet the bank. As always, Healy Consultants will aggressively negotiate a travel exemption for our Client;
- Healy Consultants will provide full disclosure to international banks re i) the change in company business ii) the expected bank inflows and outflows iii) change of shareholders and directors and iv) change of beneficial owners. The banks’ internal Legal and Compliance Department need to complete their detailed due diligence procedures;
- The name of the already approved corporate bank account is that of the existing ready-made company. It is acceptable to change the company name and business activity, and keep the same corporate bank account number. Consequently, our Client is not forced to use the existing name of the shelf company for their customers;
- Healy Consultants will only change the bank signatory after 100% of Client due diligence documentation is received by courier. Only after the sole bank signatory is legally changed to our Client, can you remit funds into the corporate bank account;
- Realistically, our Clients’ will be able to log into e-banking within 7 weeks from the time Healy Consultants supplies the corporate bank account number, as outlined in the following table:
Task Time Comments Our Client signs the bank forms to appoint themselves as sole bank signatory and courier returns to Healy Consultants Singapore office. Week 1 Our Client will need to visit their local bank branch to witness their signature. Healy Consultants will provide full disclosure to international banks re i) the change in company business ii) the expected bank inflows and outflows iii) change of shareholders and directors and iv) change of beneficial owners. The banks’ internal Legal and Compliance Department need to complete their detailed due diligence procedures. Week 2 Depending on our Client business and nationality, there is a 25% probability the bank will reject the appointment of the new bank signatory. The bank legally approves the new bank signatory. Depending on our Client’s nationality and the nature of their business, the banks may take up to 4 weeks to approve and change the new bank signatory of the existing corporate bank account. Week 4 The bank Legal and Compliance Department complete their internal detailed due diligence and mail Healy Consultants a formal letter confirming our Client is the sole bank signatory. The bank couriers the new e-banking tokens to Healy Consultants office we immediately activate internet banking on our Clients' behalf. Week 6 It takes two weeks for the bank system to generate the new passwords and tokens for the new bank signatory. Usually our Clients' asks us the activate on their behalf. Healy Consultants activates e-banking and sends a courier to our Client preferred address. Week 7 It usually takes 4 days for a courier to reach our Client. Usually our Client rings us to guide them to login to e-banking to insert their own preferred usernames and passwords. Healy Consultants legally changes the company name (if required). Our Client will need to sign bank forms and courier return to us. Week 9 Healy Consultants informs the bank to change the company name on the corporate bank account. Healy Consultants informs the bank of the new company business activity, including expected cash inflows and outflows. Our Client will need to sign bank forms. Week 11 Healy Consultants informs the bank of the new shareholders and directors and beneficial owners. Healy Consultants appoints our Clients' preferred shareholders and directors to the shelf company. Week 13 We will email our Client and the bank an extract of the Singapore public register. Healy Consultants couriers our Client a complete company kit comprising original corporate documents. Week 14 The Client engagement is complete.
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Conclusion
- Healy Consultants will supply our Client independent evidence to confirm the turnkey solution corporate structures are dormant and unused since the date of company registration, including bank statements and letters of confirmation from lawyers and accountants;
- Healy Consultants will only change the bank signatory after 100% of Client due diligence documentation is received by courier;
- Our Client is not allowed to use the bank account till the bank signatory is changed.
