Banking & Opening Accounts

fit to all sizes and types of companies within the island.

Our assistance to Banking

Finding the appropriate banking solution is not always easy, especially when you are in the igaming business or any other innovative, tech driven industry. This said, having the right banking services to support your business both from an investment, but also from an operational perspective is key to the success of your business. Gaming regulators across the world make it mandatory to have a functional bank account prior to issuing a gaming licence, making this one of the most important pre-licensing requirements.

Opening a bank account or obtaining other basic banking services is a laborious process, which requires the submission of due diligence documents, source of wealth and funds declarations and other documentation required during the Bank's onboarding stage.

Finding the right partner to assist you in this journey can make a huge difference to your business.

PAYMENTS AND BANKING SERVICES OFFERED

At IGA Group we can assist your business in finding the right banking solution for all your igaming requirements. Our network of contacts and partners comprises a number of payment, financial and credit institutions which can handle the needs of international businesses and international transactions.

We provide direct integration with support platforms that have hundreds of different gateways via APIs. Platforms which are both flexible and scalable according to the business needs.  All our partners are compliant with EU requirements, and have state of the art technology, with inbuilt, customisable, auditing and reporting systems.

Our aim, is to make a complex process simple, by using our wealth of knowledge and experience to provide a bespoke solution to your business, through our international partners.

Our bank account opening service

• Assistance with finding the right bank in Malta or elsewhere
• Introduction to the bank
• Assistance with the compilation of documents, due diligence, etc
• Opening of local, European or offshore bank account in any denomination
• Application for cheque books
• Application for credit card facilities
• Application for online banking facilities

Why Malta?

A cost and tax efficient jurisdiction

Over a number of years, Malta has established itself as an excellent stepping-stone for doing business with Europe and the rest of the world, with a Government which welcomes foreign investors.

Taxes in Malta are very advantageous, with specific fiscal incentives aimed at making the jurisdiction attractive for foreign direct investment (FDI). Employment tax credits, R&D tax credits, soft loan financing and bank guarantees are amongst the most beneficial Government incentives offered in Malta, with the possibility to lower corporate tax to an effective tax rate of just 5%, considered to be a key differentiator.

Malta’s strategic geographic location situated exactly at the centre of the Mediterranean, with just a couple of hours’ flights from major European cities, coupled with a highly skilled and international workforce, make Malta the ideal place to run your business.

Ancillary services offered by IGA Group

Company incorporation services Provision of registered office
Directorship and Company secretary services Opening of Bank Accounts
Changes in the Board of Directors; Mergers or Acquisition of companies and/or new businesses;
 
The increase reduction of the nominal or issued share capital of the licensee or the increase or reduction of its voting share capital or any material change in voting rights;
The sale of a company, which may include a gaming licence, and the respective approvals required by the different Authorities;
Assignment or transfer of shares between different companies located in different jurisdictions and in possession of licences from multiple jurisdictions.