Forex business activities have become highly regulated over the last few years. Now if a company offers Forex Brokerage services to its clients (Corporate or Personal), the company must be issued with a Forex Broker License.
Further, international banks will not accept account applications from unlicensed companies unless companies or individuals trade own funds only.
Obviously, all jurisdictions, both onshore and offshore, have the ability to grant a Forex Broker License to qualified applicants. Generally, onshore jurisdictions impose much higher capital requirements on applicants and consequently the costs of setting up in those jurisdictions is very high when compared to some of the offshore financial centres.
Offshore jurisdictions offer many interesting possibilities because: a) Many will allow a Forex Brokerage to operate free of tax on profits and b) It is possible to set up without the need to maintain a physical presence within the jurisdiction other than that which can readily be provided by a service company such as ourselves.
Vanuatu has become increasingly Popular among Binary Options and FX Brokers
The Securities License in Vanuatu allows you to buy, sell, trade securities such as shares, bonds, options etc and managed a portfolio of investments for and on behalf of your clients.
This License can be useful for Brokerage firms, mutual or hedge funds etc who may have clients wishing to invest in securities which may not be permissible or must comply with onerous and costly compliance of their resident jurisdiction. Such investments can be done through an entity incorporated in Vanuatu licensed to carry on Securities dealing business thereby bypassing these constraints legally.
In our professional opinion, the best jurisdiction today to Incorporate a Company and Obtain a Forex Brokerage License at a reasonable cost with reasonable capital deposit requirements is Vanuatu.
As one of the world leaders in acquisition of Vanuatu Forex licenses, we offer a full range of corporate services in Vanuatu including license application services and annual support.
Vanuatu offers excellent conditions for establishing a licensed forex business. With low registration costs and rapid approvals it is no surprise that the Vanuatu regulation has become so popular among Forex Brokers.
Since 1998 we have assisted our clients in applying for and obtaining a Licenses in Vanuatu and many other jurisdictions around the world, making us the proven experts in the FX brokerage field.
Vanuatu Forex License
The Basic requirements are:
In order to qualify the following conditions and submissions have to be met:
- Certificate of no criminal record to ensure that there are no criminal records about Authorized Person, Additional Authorized Persons (if any), all Directors/Officers, Shareholders and Beneficial Owners, not older than 3 months;
- Declaration of no history of Bankruptcy for Authorized Person, Additional Authorized Persons (if any), all Directors/Officers, Shareholders and Beneficial Owners, not older than 3 months;
- Notarized Copies of passport(s) for all Authorized Person, Additional Authorized Persons (if any), all Directors/Officers, Shareholders and Beneficial Owners
- Original Bank references for Authorized Person, Additional Authorized Persons (if any), all Directors/Officers, Shareholders and Beneficial Owners; not older than 3 months
- Original or Notarized Copies of utility bills Authorized Person, Additional Authorized Persons (if any), all Directors/Officers, Shareholders and Beneficial Owners, not older than 3 months
- Owner’s Resume & /or CV of Authorized Person, Additional Authorized Persons (if any), all Directors/Officers, Shareholders and Beneficial Owners outlining experience in Forex Brokerage Activities and Qualifications warranting issuance of a license.
- Confirmation Geographic/target market (U.S.A. & other restricted markets not accepted)
Vanuatu Forex License
What does the Vanuatu Forex License package include?
Our package includes everything you need to set up and operate an online Forex Brokerage with a Vanuatu Forex License.
- An Offshore Corporation: Vanuatu is an excellent choice when it comes to incorporating an offshore parent or holdings company. zero-tax status, and one of the world’s friendliest corporate legal environments enable you to conduct your business 100% compliant.
- Preparation of Business Plan
- Preparation of AML Policy
- Vanuatu Forex Brokerage License
- A Corporate Bank Account: We work with a variety of safe and secure offshore banks catering to online Forex Brokerage Business operators.
- 2 Hours Personalized Advice: Need some help or assistance with conducting your business offshore? Want to get favorable conditions when applying for an offshore credit card? Want to know where you can invest your offshore profits for maximum return? … Ask us! We offer the best after-sale support in the industry, and will do our best to assist you with whatever concerns and problems you might have … !
Vanuatu Forex License
All licensed brokers are required to have an AML/CFT Compliance officer. Reporting is required every quarter and annually to the Regulator. We offer basic AML/CFT Compliance Officer services (annually) – 8,400 USD, or Full AML/CFT CO services, where we offer full KYC electronic check through all searchable sources and software (annually) – 15,000 USD which can be payable on quarterly basis.
Vanuatu Forex Brokerage
If obtaining a license to offer Forex Brokerage Services interests you, we encourage you to contact us and we will be happy to assist you with your needs from start to finish.
Contact Us to become a client and get your Vanuatu Forex Brokerage License Today!
Take advantage of our more than 20 years of experience and let us help you every step of the way.
Your business is important to us and we guarantee professional service.