What are the types of corporate banking?

There are four types of corporate banking based on the type of product and service that is being offered – Retail Banking, Commercial Banking, Corporate Banking, and Private Banking. Read more: Open Offshore Bank Account WISE Smarter Banking

How does the corporate banking system work?

The Corporate Banking System works directly with the company or the corporation in order to provide them loans, credit, savings accounts, and checking accounts that have been specifically designed for corporate entities and not individuals.  Read more: Open Offshore Bank Account

What is a Limited Liability Company?

A Limited Liability Company is a combination of a corporation and a partnership. An LLC, just like a corporation, provides limited liability to its owners from being personally responsible in case the business fails. It also lets the profits pass through so that they can be taxed like the owner’s personal income, just like a … Read more

What is a One-Person Company (OPC)?

A-One Person Company is a type of company that has been incorporated by a single individual. It is also known as a sole proprietorship which is run by one person and there is no distinction between the owner and the business. Read more: Sole Proprietorship

Does a company have to issue shares?

A company issues shares in order to raise capital. Issuing shares help a company raise money from investors for its growth and development which provides the investor part ownership in a company. Read more: Company Share Capital