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Investment account

 

Open account

 

An investment account is a current account linked to a securities account. It is used to transfer money in transactions to securities and deposit services. An investment account is particularly intended for transactions in funds, stocks, bonds, and ETFs.

A private individual can postpone taxation of the investment income by using an investment account. For that purpose, the transactions with financial assets must be made through an investment account only. As long as you do not withdraw the earned income from the investment account, tax liability is not created. Learn more about tax liability

Features

 

  • Recommended for transactions in funds, stocks, bonds, ETFs, investment deposits, unit-linked life insurance contracts (concluded after 1 August 2010), derivatives
  • An opportunity to defer the payment of personal income tax
  • Convenient transparent transactions in various financial instruments
     

Pricing

Service Price
Opening, monthly maintenance fee, closing Free of charge

An investment account is suitable for you if:

 

  • You do not intend to use the earned investment income immediately
  • You want to freely change the securities without paying immediately the personal income tax on the capital gains 
  • You commit to declare your investment income on your own
     

You do not need an investment account if:

 

  • You plan to use the earned profits  to cover your daily settlements rather than to invest it
  • You are using only deposit services (savings account, term deposit), and save for your 3rd pension pillar with life insurance. In these cases, there is no option of deferring the personal income tax payment (you can keep paying PIT as you have done so far)
  • You invest into pension fund or funded pension agreements, unlisted shares and units of companies
     

At the time of acquisition, the financial assets must conform to the following conditions

 

  • Trading with the financial asset must take place in an EEA or OECD member state
  • The shares or units of foreign investment funds and securities of foreign countries must be acquired through a credit institution, investment firm or fund manager, located in an EEA or OECD member state
  • Financial supervision is exercised over the fund manager or market
  • Financial assets may be acquired also as a gift or estate

Not sure how to start? Our consultants can help.

  • You can consult online via video meeting
  • Review of your financial situation
  • We will recommend solutions based on your situation and needs

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