Banking, KYC, substance and asset protection that banks can understand.

Client benefit

Concrete client benefits.

• The probability of bank onboarding improves because the file answers compliance questions before they are asked.
• The tax structure becomes practically usable for invoices, investments and distributions.
• Asset protection is separated from abusive concealment or creditor prejudice.
• Family and business payment flows become explainable.
• The same documentation supports banks, tax advisors and later audits.

Tax classification.

Banking/KYC is not a tax rule, but it is tax-sensitive. Inconsistent ownership, unexplained wealth, undocumented distributions or artificial substance can undermine both bankability and tax credibility.

• Beneficial ownership and control.
• Source of wealth/source of funds consistency.
• Economic substance, office, decision-making and contracts.
• Transfer pricing and intercompany payment logic.
• Asset-protection limits under insolvency, fraud and creditor rules.

Ongoing bank and substance maintenance.

The file must be updated when assets move, beneficiaries change, accounts open, companies invoice, or new jurisdictions are added.

• Annual KYC refresh pack.
• Updated UBO and ownership charts.
• Board resolutions, invoices and contract trail.
• Source-of-funds evidence for larger transfers.

Set-up and implementation process.

• Build ownership and control map.
• Collect source-of-wealth evidence and transaction history.
• Prepare business plan and bank narrative.
• Align substance, contracts and payment flows.
• Support onboarding and annual refreshes.

Typical mistakes.

• The bank receives a chart without source-of-wealth evidence.
• Payments flow through entities with no explained function.
• Asset protection is confused with hiding ownership.
• Substance evidence contradicts tax or management position.
• Documents are collected after a bank freezes or rejects onboarding.

What Kanzlei Meyers & Partner AG delivers.

• KYC and bank onboarding pack.
• UBO, source-of-wealth and source-of-funds file.
• Payment-flow and structure narrative.
• Substance file and governance evidence.
• Asset-protection risk note.
• Bank refresh calendar.

Documents for the first review.

• Passports and residence documents.
• Corporate and foundation documents.
• Asset acquisition history and sale contracts.
• Bank statements and investment records.
• Business model, contracts and invoices.
• Existing bank questionnaires or rejection letters.

Result of the initial consultation.

The first review ends with a documented decision file: target structure, tax assumptions, exclusion points, implementation sequence, document list and clear next steps.

• Decision matrix with recommended structure and rejected alternatives.
• Tax and compliance workstream with open points, deadlines and responsible parties.
• Implementation plan for entity formation, banking, governance and ongoing administration.

Legal position and limits.

Bank acceptance cannot be guaranteed. The service prepares a consistent, truthful and tax-aligned file for the relevant bank and structure.

Frequently asked questions.

Book initial consultation