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We can assist you in obtaining a Forex license from jurisdiction we listed below. We will advise you where it is best to apply for a Forex license and provide you with full services including: company formation, compliance advisory, all the essentials requirements to start a Forex company, merchant account and business account opening, nominee directors, office service etc. The procedure of applying for a Forex license can be difficult without professional firm. Using a professional firm to help you through the entire license application process can ensure that you follow all the correct procedures and supply the correct documents to the regulatory authority.
In this post, we will also compare the conditions, requirements and set up costs for various offshore forex licenses in BVI, Vanuatu and Seychelles. What are the difference between the requirements to obtain a forex license in BVI, Vanuatu and Seychelles? The first difference is that 3 of those licenses are offshore licenses that is to say BVI and Vanuatu. In the case of Seychelles, the license is not offshore per se as the company applying for the license is not an IBC but a local company which explain why the requirements are different. The second difference will be the capital with BVI requiring the highest capital at 100,000 USD and Vanuatu the lowest capital at 2,000 USD. BVI and Vanuatu have easier requirement as none required local office or local employees. Seychelles will required all of it.
For inquires on company formation Saint Vincent and the Grenadines, please visit our page here
For inquires on company formation British Virgin Island, please visit our page here
For inquires on company formation Seychelles, please visit our page here
|Capital in USD||50,000 USD||2000 USD||1,000,000 USD|
|Local Office Required||Not required||Not required||Not required|
|Local Representative or Agent Required||Yes||Yes||Yes|
|Local Employees or Compliance||Yes||Not required||Not required|
|Setup costs||45,000 USD||27,500 USD||55,000 USD|
|Bank Account||In Seychelles||In Vanuatu||In EU or Asia|
|Merchant Account or PSP Option||Yes||Yes||Yes|