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Offshore company with bearer shares, possible and useful?

It is difficult to answer this question and it defiantly depends on who the agency is which will register the company for you, when you have a offshore company registered for bearer shares and you want to open a bank account the bank often requires you to sign on behalf of the company or in most cases, refuse to open a offshore business bank account at all.

You will need some agency which have references in the bank and which has a legal department on hand which can help to convince the bank to open the account.

There are many ways to have the bank account opened even if it is with bearer shares, so don't worry about that.