Process took about 2 months. It was a simple transaction and we provided all the required documentation. The issue was with the bad advice from the relationship manager. A complete lack of understanding for what bank requires, outright lies to cover up mistakes, ultimately leading to additional costs from our side.
We have a company but I failed to get a bank account with an old agency. After that we change the company's secretary to One IBC and apply for a bank account with Euro Pacific Bank. They consulted me about some things that I have to remove out of my business activities and I had a smooth interview with a banker. I have the account after 3 weeks and now my business runs well. Appreciate their efforts.
I know One IBC through a friend of mine. And I think my friend and I made a good choice. The services were good, I had all documents for my California company within few days. If it weren't for the Pandemic, it could have been only 1-2 days.
I was told we could have a company set up in 2 days, and then a bank account opened. What a LIE! The company was to cost just over $450 + $299 for a bank account. This whole process has cost me just under $3000 USD and to date still no bank account! Lets get into some detail, after paying the $299, I was handed from Jacky (Hong Kong) to Stella (Vietnam) and instructed if I want a bank account I have to pay another $499 or nothing will happen. After disputing this for weeks, I just paid it as I needed a bank account, since then I have been referred to unsuitable, unheard of banks (one bank told me they do not have keycards, internet banking, credit cards, and if i want to deposit or send money it all has to be done by email and wire transfers)... now if you would feel comfortable with a bank like that, then you are crazy.. We are now 3 months into a 2 day process (what i was sold on) and for my business to actually operate, so i can take money from my customers and more importantly pay my staff, i went online and applied and opened my own account. So i though it would be appropriate to ask for a refund for the banking sector of this scam. Well boy was I wrong... I had my calls declined, whatsapp messages ignores, to then finally be told I will not get a refund. So basically I have paid for them to do nothing... It is a well organised scam, where you are bounced from 3 different countries, where they all blame each other, then... top this, they blame you!! Now anywhere in the western world, you would be sued for operating like this, and the option to complain to your local governments, so they can intervene... Not in Asia... I said to Jacky from the Hong Kong office today "Do I need to take this to court to get my money back".. I was told in no short form or pleasant wording, that it will cost me way more than my refund is worth, and good luck! Without sounding like a mad man, I would like to warn you all, that I have now paid thousands for what should of cost about $1000... If you want to save your money, and not become their next victim, please avoid ONEIBC & OFFSHORECOMPANYCORP like the plague, and you should be okay! Thanks for listening.
Well, I can say that I am more than happy with Offshore company corp service. They have highly trained professionals and they do what they say they are going to do.
Their staff are really great people to work with. They are very professional, makes sure to meet their deadlines and very fast-paced workers.
Please don´t do it, it is a Scam. Really bad experience. They will charge you new fees every time they want to do it, even without being using the services. Please avoid issues and don´t lose your money with them.
To summarize...DO NOT USE THEM!!! It took them 2 months to establish the BVI After another 2 months they failed to open us an account at MAU Bank and asked for another $900 to try in 2 other banks Every few weeks they would ask for another document or something ridiculous which drew out the time even further The only person that understood anything or was of any use was our initial contact. All the rest we had to deal with were either Chinese or Vietnamese who either did not understand English or who had no clue what they were doing Response times were excruciatingly long They failed to open a bank account for us and we are still unable to operate since October 2019 I am now asking them why our business activities are not included in the official M&A and their response was.... " The business activity is not disclosed to the government, so they can not confirm this information" So my question is...Why the F**K didn't you disclose it? I have been trying to contact a representative to fix that for 3 weeks now and I get intermittent useless responses and have managed to accomplish nothing till now except waste more time and money. There are a lot of companies out there doing the same service. Look around first and interview them before you contract them. DEFINITELY DO NOT work with IBC!!!!!
I engage for a prolonged period of time with a chap called Michael identified as a general manager who gave me the run around and asked me to given another address that from my UK address, alarm bells ringing instead of providing a 3 day service I have been defrauded of $1569. I then contacted financialfraudsternews.com who confirmed that One IBC Ltd are company that should be avoided. I am devasted by the One IBC fraud and have now contacted my card company as a result
This company keeps milking you for money, adding five times the official amounts. The first impression is that they are pro in the area. After they broke the two working day processing promise i started to suspect something was not ok. John B and Tyler Wong kept responding short, non professional ways. Avoided direct questions. Told me everything i sent was wrong. Asking for more and more money, when they asked for a third transaction i wanted to cancel the whole thing and get my money back, or at least partly. Since then they have not replied, not one more word. Has been a week now. The authorities is involved and the bank has agreed to do a charge-back on the amounts. Stay away from these guys at all costs. If anything they are professional scammers.
So far no bad experience. Sometimes communication is a bit sow but given the time zone it is still within acceptable time frame.
I have been trying to get a corporation setup in Nevis. These people seemed great until you pay the money and expect them to do what they promised. I only wish I had read these reviews before I sent them my money. They constantly ask for more paperwork, ignore you for weeks at a time, make promises and never deliver. I have had to request my money back several times and then you hear nothing back. Complete fraud. They should be in jail.
This company is a group pf scammers ....they just take money
Be careful. They promise a lot but cannot deliver as expected. Extra fees become apparent once you investigate further. Don't take the information on their website at face value. Staff dont seem very savvy. Quick to reply to emails but lacking knowledge. Best avoided.
Wanted to open a company in Singapore. They gave me a quote and I paid everything. Then they remembered that I need to pay additional fees for some service I didn’t even ask. After paying those they said that they cannot find acting director and that I should pay more to get one. At that time I had enough and I wanted a refund. After several months I didn’t receive any money from them. For me they are just common scammers!
They lied throughout the whole process. I'm the beginning (via Skype) they promised to open a bank account for my new HK company in HK. Having paid the fees and travelling to HK for a bank account application with HSBC, the account was not opened. After complaining the denied all responsibility and turned from promising and helping with everything to charging extortionate fees for everything. Instead of using HK and their services we opened a company and account with DBS in Singapore instead. It was a totally different experience and 2 years on I'm happy with changing to SG. Now I get random emails every few months from them threatening that if I don't pay them to do xyz the HK government might fine me or put me in prison. The company is a total joke and only exist to take as much money from you as possible. As per the reviews above please avoid using this company. They serve only their own interests, not their clients.
I used One IBC Limited to form a Hong Kong corporation. Incorporation was easy but I would soon find out that they had mislead me about several issues. The first being that it has recently become very difficult for an offshore company to get a bank account in HK. Additionally, the assistance that they claim to provide in acquiring a HK corporate bank account is self serving. They will only lead you towards banks that pay the them highest commissions. Plus, they will tell you that your application is more likely to be declined if you are not represented by them during the application process. This is a lie, the banks actually don't like them at all and they will get in the way during important post interview communications with the bank. When it comes time to renew registration they will harass you with email even after you tell them you no longer want their services. They will try and threaten you by saying HK authorities will prosecute you if you do not use them! This is ridiculous! I began communicating directly with the HK authorities and they are very helpful. There is good communication available in English and you can file your own documents easily online and for a small fraction of the cost that One IBC will try and charge you. Don't get ripped off by One IBC Limited. In fact, they are not even located in Hong Kong they are located in Vietnam. They are a very shady company.
8 months in and they still haven’t incorporated my company and said it would be done within a week. They keep asking for documents that don’t exist in our country. Perhaps if it’s impossible to incorporate, don’t take our business. What a waste of time and a lot of money!!! Go elsewhere.
Bad service. Keep away. The staff served me already said no for my Cayman Islands company formation application on 2 Oct. But the next day another staff told me incorporated already and made me surprised. totally chaged me USD2929(1629 for service fee, 1300 for government fee), and It's ok for me. One day later, I asked them what kit would give me for the new company. And they told me the list excluding stamp and common seal. It's totally different from I saw before. For that , they changed their online quotation after my complaint. dishonesty. Today, I gave up for complaint, and replied email to them that I would pay the money for stamp and seal, but them never replied. All above are true, I kept all of the emails.
One IBC was a nice agency to work with in China. I hired them to help my start offshore investments and it was nice that they gave me all possible options to choose from. They made sure to provide me with the best possible choice.