Originally Posted by Webby

There are hundreds of offshore banks with websites which accept account applications - they need to be followed-up with, normally, notorized corp documents and some history about the company and principals - "know your customer" policy which applies to all banks.

It does not cost $1200 or anything to open a bank account - they want the biz or not?

Assuming your location is real in your profile - there is little purpose (other than for rare exceptional reasons) in operating offshore facilities if you are a US citizen. The privacy benefits are wiped with required tax filings to the IRS - answer that question incorrectly and it becomes illegal. (Obviously same as failing to report worldwide income).