Seychelles
The Seychelles Securities Act 2007 provides the legal framework for the provision of securities dealer services. A Seychelles Forex License allows your company to trade securities as a principal (for your own account) or as an agent (on behalf of clients).
The regulatory authority is the Financial Services Authority of Seychelles - FSA.
This license is particularly beneficial to companies around the world who deal and/or trade in the area of securities.
The license covers the following activities:
- Issuing your own Managed Account Products;
- Carry out trading on behalf of others etc;
- Collecting Deposit of third parties;
- Offering to trade (self-trading or managed) in Forex or CFD;
- Creation of your own price and fee schemes (managed account fees, profit shares, spreads, mark-ups etc).
The time of approval is 14-18 weeks after successfully submitting all documents to FSA.
Requirements:
In order to apply for a Seychelles Forex License company will have to meet the following requirements:
- Have a local company in Seychelles with a registered capital of $50,000.
- A company must have minimum of 2 directors with relevant experience in securities.
- Have an operating office in Seychelles.
- Hire a local compliance officer.
The advantages of a Seychelles license are the following:
- SDL can provide banking services, such as creating its own FX or CFD-related products and accepting deposits from clients;
- SDL in Seychelles has no limit on the number of clients;
- Low capital requirement / no blocked capital. The required capital to obtain a license is only $50,000. This amount must be kept in a bank account in Seychelles (e.g. with local lawyers) and can be withdrawn as soon as the license is issued. It can also be used for company formation, infrastructure activities, etc;
- The company is allowed to publicly offer its FX services on its website, etc.
The process of obtaining a license are the following:
- Due Diligence and KYC checks;
- Checking of the name in the registry;
- Questionnaire preparation for the company;
- Company registration;
- Once the application is ready, we will submit it to the Seychelles FSA;
- Communication with FSA.
Ready-made companies with bank accounts
Or you've already got own business and there is a need to expand the scope of activities. To avoid the loss of time and effort to register juridical individuals, you can arrange a ready-made company. You will have a fully prepared company with a package of documents, which is mandatory for conducting a full-fledged activity.
Companies with licenses
Buying a ready-made company is the best option for operational business development in a new industry, as well as the need to expand the scope of the existing organization increase its scale. Acquisition of a company with mandatory permits and license means the ability to enter a new market in a short period of time.
Banks
Acquisition of a ready-made bank allows you to save time, as well as quickly carry out all reissuing operations. On average, the procedure takes about one day. As a result, the client becomes the head of the bank, which already has a client base, as well as status in the market and ready staff. Our company conducts all operations in accordance with existing legislation.
Funds
Investment fund is a modern investment tool designed for all types of assets. The purpose — managing of assets as well as solving number of tasks in a way that works best for individuals. There is no open subscription, meaning that a private investment fund has a closed structure. This is the most optimal solution for distributing capital through broad instruments.
SEMI for sale
When conducting business related to foreign exchange transactions, electronic money and cryptocurrencies, it may be necessary to open a financial company with a SEMI license. This type of license covers the production of debit cards and cryptocurrencies, the acceptance and sending of payments, the execution of transfers from third parties, and the opening of merchant accounts.
Crypto Offshore
When working with cryptocurrency it is important to choose the right country, where it is most profitable to open a company. Each country has a different attitude towards this type of currency. A country that has a loyal or positive attitude towards cryptocurrency can be called a crypto-offshore.
