LEGAL DISCLAIMER - FINANCIAL LICENSES
LEGAL DISCLAIMER | BL CORPORATE SERVICES LTD
ABOUT THIS INTERNET SITE
Information contained in this Internet site does not constitute an offer of products or services in any jurisdiction in which such distribution is not authorized or which are not available for distribution in the jurisdiction of the reader of this information.
Due to the international regulations on the prevention of drug trafficking and money laundering, BL strictly implements Due Diligence guidelines. While we respect and honor the confidentiality of our corporate clients, we are committed to undertaking thorough due diligence of both our clients' identities and the nature of their businesses.
It is our obligation not just to undertake a full and proper due diligence of our clients' and their current needs, but also to monitor and ensure that their business activities do not breech any international regulations.
2nd STEP DUE DILIGENCE
Once our internal Due Diligence has been processed with the information we could gather, you are ready to be introduced to our collaborating, accredited and licensed Management Companies or Corporate Services Providers, Legal Representatives or Financial Institutions. These institutions will then carry out once more their very own Due Diligence / KYC and AML checks before the mandate is officially accepted and the introduction is successfully finalised.
Please note that we reserve the right not to accept clients.
RESTRICTED JUSDICTIONS OF APPLICANTS AND/OR SETUPS
According to our AML / CFT Compliance Program, v.01/2021, and also in regards to the international prevention rules to combat Money Laundering and Terrorism Financing we are regretting for not being able to onboard customers / applicants from the following jurisdictions (citizens and/or corporate entities):
Moldova, Iran, Iraq, Syria, Libya, Yemen, Afghanistan, Albania, Bangladesh, India, Pakistan, Kosovo, Serbia, Bosnia and Herzegovina, Nauru, Somalia, North Korea, Northern Cyprus, People's Republic of China, Russian Federation, Chechnya, Belarus, Ukraine, Rumania, Venezuela, Cuba, Latvia, Estonia, Lithuania, Bulgaria, Mauritius, Kosovo, Turkmenistan, Uzbekistan and Territories of Russia occupied in violation of international law (Crimea, Abkhazia, Nagorno-Karabakh, South Ossetia, Donetsk/Luhansk, Transnistria).
Requests and Inquiries sent from one of those countries mentioned above will remain unanswered. The same applies to applicants with citizenships of one of those countries above mentioned, even if residing abroad in a not restricted country.
Our policies for prohibited access to our services also include worldwide Political Exposed Persons or third parties acting on behalf of them.
The current list of the Monitored Jurisdictions of the International Financial Task Force applies and can be visited here: https://www.fatf-gafi.org/countries/#other-monitored-jurisdictions
BL is not a bank, nor does it provide banking services. BL offers international company formation, corporate administration services, and bank/broker introductory services and account opening assistance through third parties only. This website is only used for promotional marketing purposes of BL and is not intended to portray that this is the site of a bank, financial institution or being itself a licensed or regulated Corporate Services Provider or Management Company (MC). BL connects customers and Corporate Services Provider which are in an exclusive partnerships with BL Corporate Services Ltd in the respective jurisdiction(s).
BL delivers all services through accreditated, regulated and licensed third parties such as banks, corporate services providers, legal representatives, MCs, accountants etc. The strength of BL is to consult and inform customers before they start a licensing application process and/or company formation setup with the respective counterparts. KYC and AML checks will be conducted before BL is onboarding any kind of client. BL makes sure that customers will end up with high reputable corporate services providers / MCs and payment institutions. All partners have been checked with BL.
In the following jurisdictions BL is providing the services through professional CSPs, banks, legal representatives, MCs, accountants etc. All services are considered to be third party services, but under permanent control and monitoring of the BL Group, which will be your guide and primarly contact point until the onboarding process with the respective MCs, CSPs, lawyers etc have been finalised successfully. We will introduce you directly the competences but still assist you as your introducing partner during the entire setup process. The jurisdictions where third party services are being carried out through CSPs, MCs etc. are: Bahamas, BVI, Cayman Islands, Seychelles, South Africa, Malaysia, Vietnam, Japan, Vanuatu, Cook Islands, UAE, United States of America, Kazakhstan, Republic of Georgia, European Union in general.
All prospective clients should consult a properly qualified tax professional in their own country to determine their own tax implications prior to embarking on any strategy described in this website. Since laws in each country are different, constantly change and can be subject to different interpretations by courts of law, any information herein regarding tax minimization needs to be verified by such competent counsel.The information contained in this publication is for guidance only and should not be relied upon without obtaining appropriate advice having regard to the client's direct personal circumstances.
No responsibility for loss occasioned directly or indirectly to any person acting or refraining from acting wholly or partially upon or as a result of the material in this publication or for any error in or omission from this publication can be accepted by the publisher or any author, editor, contributor or consultant or any company referred to herein.Nothing in this publication is intended nor should it be interpreted as, in any way, sanctioning, advocating or condoning directly or indirectly the commission of any unlawful act or omission by any person or company in any jurisdiction or the use of offshore structures for any illegal or fraudulent purpose.This publication is made available on the understanding that neither the publisher nor any author, editor, contributor or consultant or Internet service provider or any company referred to herein is not engaged in rendering legal, accounting or other professional advice or services.
All material included in our web site is for informational purposes only and may not reflect the most current legal developments, verdicts or settlements. The information should in no way be taken as an indication of future results. The material contained herein is not offered as legal or any other advice on any particular matter. The Firm and the contributing authors expressly disclaim all liability to any person in respect of anything and in respect of the consequences of anything done or omitted to be done wholly or partly in reliance upon the whole or any part of the contents of the BL website.
Transmission of this information is not intended to create and receipt does not constitute an attorney-client relationship between BL and the user or browser. No client or other reader should act or refrain from acting on the basis of any matter contained in the BL website without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue. BL nor any of its subsidiaries or affiliates are responsible for any third party contents which can be accessed through the website.
Neither BL nor any of their parent companies, subsidiaries, employees, consultants, advisors or affiliates are responsible for the failure of any client to comply with their domestic laws and reporting requirements.
Last amended: April, 27th, 2021
BL Corporate Services Ltd - The Management
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