SLA Tax Advisory

Banking, KYC & Bankability

Bankable materials for entrepreneurs, holdings and international structures.

Banks review more than forms. They review plausibility, source of funds, purpose, beneficial ownership and substance. SLA Tax Advisory prepares these matters in a structured and confidential way.

Scope

Preparation

KYC Dossier

Structured presentation of persons, companies, participations, assets and purpose of the banking relationship.

Origin

Source of Wealth

Traceable preparation of how wealth was economically generated.

Transaction

Source of Funds

Documentation of specific funds for account opening, deposits or investments.

Plausibility

Bankability Review

Review whether structure, substance, jurisdictions and documents fit from a bank's perspective.

When banks usually look closer

  • Holding, foundation, trust, DIFC Foundation or Free Zone structures.
  • Cross-border assets, several residences or complex ownership chains.
  • Large deposits, real-estate sales, business exits, loans or asset transfers.
  • Wealth from several sources or older evidence that must be reconstructed.
  • Where beneficial ownership, control and decision rights are not immediately obvious.

Typical documents

  • Organisation chart with participations, beneficial owners and control rights.
  • Register extracts, articles, constitutional documents, foundation or trust documents.
  • Source-of-wealth evidence such as sale proceeds, dividends, salary, inheritance, gifts, investments or business profits.
  • Source-of-funds evidence such as bank statements, purchase agreements, loan agreements, distribution resolutions or tax documents.
  • Short description of the structure purpose and expected funds flow.

Outcome

  • Clear overview of persons, entities and funds flow.
  • Prepared document list for bank, trustee, foundation council or service provider.
  • Alignment of tax position, structure purpose and economic reality.
  • Reduced avoidable follow-up questions through orderly preparation.

Clear limits

  • SLA Tax Advisory prepares bankability, documents and communication.
  • Account opening or bank acceptance cannot be guaranteed.
  • Banks decide according to their own risk policy, regulation and internal rules.
  • Reserved legal or tax matters are reviewed by admitted professionals in the relevant jurisdiction.
Prepare banking topic