We don’t see any significant reasons why not. Therefore, if you are interested in this option (and not the account in the bank of Sierra Leone), expect the following costs: EUR 720 + additional costs that you cannot exclude. The first figure refers to mandatory payments: a fee, the cost of the registration, an account with the local bank, the preparation of a package of documents, and an interview with the bank. In addition, consider the costs of a nominee director (EUR 600), preparation of mandatory reporting (EUR 7,200), and delivery of documents by courier (EUR 80). The last item of expenses is flight and hotel accommodation if a personal visit is required to open an account.