Legalization of brokerage activities in Saint Lucia

Saint Lucia is an island country in the eastern Caribbean Sea. It is a jurisdiction with a steadily developing economy and significant potential for growth. Thanks to favorable business conditions, political stability, a developed financial services sector, and picturesque landscapes, Saint Lucia has undeniable advantages for entrepreneurs and companies.

Obtaining a license for any type of financial service, including brokerage, forex, and crypto services, allows both companies and individual brokers to legally conduct brokerage activities in the financial markets.

What are the advantages of a Saint Lucia broker license

• Fast licensing timelines: around 2-3 weeks after submitting documents;
• The license is issued to companies from any jurisdiction, except sanctioned countries and countries on the FATF black list;
• No requirements for charter capital contributions;
• Legalization is available for both the B2C and B2B segments;
• The license is issued for 1 year and renewed annually;
• No requirements for accounting and auditing.

What are the mandatory requirements

• Company registration in accordance with the legislation of the Eastern Caribbean Currency Union member territory;
• At least 2 individuals as director and at least 1 shareholder;
• Creation and maintenance of an effective compliance system;
• Registration of an office in this jurisdiction;
• At least one employee with principal and representative licenses;

What is needed to obtain a broker license in Saint Lucia

To obtain a license in Saint Lucia, it is necessary to submit documents:

• A certified copy of the passport of each company director and shareholder;
• Confirmation of address, these can be utility bills or a personal account statement no older than 3 months for each director and shareholder;
• Letter of recommendation from a lawyer, accountant or banker (we will help prepare);
• Business plan (we will help compile).

IT-OFFSHORE specialists provide support in the legalization of brokerage activities in Saint Lucia.

What is included in the cost:

• Initial annual comprehensive due diligence check;
• Annual maintenance of backups in accordance with requirements;
• Payment of state fees and duties for legalization;
• Obtaining a legal opinion;
• Preparation of KYC and AML guidelines;
• Full support at all stages of the process;
• Delivery of documents to a convenient address.