Licensing

🇻🇬 British Virgin Islands Forex License British Virgin Islands (BVI) often referred to as “offshore tax heaven” is one of the most popular forex jurisdictions due to absence of profit, corporation and capital gains tax.

‍🇧🇬 Bulgaria Forex License Bulgaria has a strategic location, allowing investors to access the entire EU and the markets of central and Eastern Europe. Bulgaria has a predictable and stable economy and government, and boasts the lowest corporation tax in the EU at only 10%. In order to provide brokerage services it is required to become an Investment Intermediary regulated by the Financial Supervision Commission of Bulgaria.

‍🇨🇰 Cook Islands Money Changing-Remittance License Cook Islands offers three types of licenses for international companies with different business activities. Combined license is the one to be chosen if you wish to conduct Forex brokerage business.

🇨🇾 Cyprus Forex License Cyprus offers a very well established environment for a Forex broker firm. It is a well-known and is one of the top choices in the EU for acquiring of a financial license. It follows very strict rules and regulations as implemented by the financial services authority of Cyprus (CySEC – The Cyprus Securities and Exchange Commission)

‍🇲🇺 Mauritius Global Business License (GBL) & Investment Dealer License The proposed company will hold 2 types of licenses, namely an Investment Dealer License under the Securities Act 2005, Securities (Licensing Rules 2007 & the Financial Services (Consolidated Licensing and Fees) Rules 2008 and Global Business License (GBL) under the Financial Services Act.

‍🇳🇿 New Zealand Forex License There is a unique type of license called Financial Service Provider or FSP in New Zealand, which is considered a well-reputed onshore jurisdiction, therefore, it is not blacklisted by any country around the world or any foreign financial institution. Moreover, it is a member state of the OECD and WTO.

‍🇻🇨 Saint Vincent and the Grenadines Forex Company Formation Business in St. Vincent is well-known unregulated Forex jurisdiction with its’ tax-exempted entities, with strong asset protection structure and high level of confidentiality.

‍🇿🇦 South Africa Forex License The Financial Services Board of South Africa (FSB) is a supervisory body of financial services industry in South Africa under the Financial Advisory and Intermediary Services Act 37 of 2002 (FAIS Act). The company that intends to conduct Forex business on a discretionary basis must obtain a Category II Discretionary FSP license with FSB.


‍🇻🇺 Vanuatu Dealer's in Securities License Vanuatu is a great place for launching forex brokerage company due to its low capital requirements and variety of tax benefits.

🇨🇷 Costa Rica Gambling License Costa Rica is an independent country located in Central America and is bordered by Nicaragua to the north, Caribbean Sea to the east, Panama to the southeast and Pacific Ocean to the west. Costa Rica is popular for the low company setup expenses and absence of online gambling regulation and licenses.

‍🇨🇼 Curacao Gambling License Curaçao is one of the oldest and most politically stable providers of regulated eGaming services.

‍🇬🇮 Gibraltar Gambling License The location of Gibraltar and the important role of Tourism in its economy prompted the Government to look into gambling as a new source of revenue. Gibraltar has been one of the pioneers in relation to the licensing and regulation of online gambling services.

‍🇲🇹 Malta Gambling License Malta is part of the European Union which makes it a very attractive jurisdiction to obtain a gambling license in. It comes with tax incentives and an expert work force.

🇪🇪 Estonian Cryptocurrency Exchange License Recently a new regulation framework has been approved that sets out a requirement of authorization for providing services of the exchange of virtual currency against a fiat currency and provision of a virtual currency wallet service.

🇪🇪 ICO company in Estonia Recently, a lot of project developers and businesses have drawn their attention to cryptocurrencies and initial coin offerings (ICO) in order to raise capital for various types of projects. Starting your ICO company in Estonia is a great choice due to the local remote maintenance administrative tools, which mean minimal bureaucracy level, and due to the absence of any specific regulation on ICOs by the Estonian Financial Supervisory Authority (EFSA). However, it is highly recommended that ICO Companies completed an analysis of their planned activity in order to clarify whether the particular ICO project complies with Estonian legislation.

‍🇸🇬 Singapore Crypto License Increasing popularity of token offerings/ICO companies reflected in the guidance of the Monetary Authority of Singapore (MAS) of August 1, 2017. According to the latest announcement of its regulatory position regarding tokens, MAS provides two routes, the choice of which will depend on details of particular business.

‍🇬🇧 UK Crypto Exchange Company Formation Starting your Crypto Exchange company in the UK is a great choice due to the absence of any specific regulation of the industry by the Financial Conduct Authority. However, it is highly recommended that Crypto Exchange Companies completed an analysis of their planned activity in order to clarify whether the particular Crypto Exchange project complies with the legislation of the United Kingdom.

🇰🇾 Cayman Islands Securities Investment Fund License The Cayman Islands are located in western Caribbean, and are known as one of the major financial centers in the world. In contrast to classic offshore jurisdiction, Cayman financial services industry is well-regulated thus having very positive reputation among investors.

‍🇭🇰 Hong Kong Type 9 (Asset Management) License For individuals and corporations seeking to enter the securities and futures markets of Hong Kong, the Securities and Futures Commission (SFC) is the gatekeeper of standards, administrating the SFO (Securities & Futures Ordinance). SFO stipulates regulated activity and provides detailed definition for each of them, Type 9 license covers the provision of a service to manage a portfolio of securities or futures contracts for another person.


‍🇱🇺 Luxembourg Investment Fund License Luxembourg is one of the most experienced and dynamic global investment fund centers in Europe. The success of the country can be attributed to political stability, the encouragement to foreign capital and investment, favorable and well-defined legislation, availability of multilingual staff and professional expertise.

🇧🇸 Bahamas Payment Services Provider License The Bahamas is an attractive location for Payment Service Providers’ (PSP) institutions for a number of reasons. Due to the great number of advantages, the amount of licensed Payment Service Providers (PSP) in Bahamas has significantly grown over the past few years.

‍🇱🇹 Lithuania Payment Institutions License In order to provide payment services a payment institution is to be licensed by the Bank of Lithuania. A Lithuanian licensed payment institution may perform services such as money remittances, payment transactions, cash deposit and cash withdrawal services, and other closely related to those services. However, a payment institution may not accept deposits from unprofessional market participants and issue electronic money.

‍🇲🇺 Mauritius Global Business License (GBL), PIS For the eighth consecutive year, the World Bank's 2016 Ease of Doing Business report ranks Mauritius 1st among African economies and 32nd worldwide out of 189 economies in terms of ease of doing business, making Mauritius the leader in economic freedom for the region of Sub-Saharan Africa.

‍🇻🇨 St. Vincent and Grenadines International Banking License Saint Vincent and the Grenadines grants fair opportunities for setting up an International Bank as well as provides great business advantages – Banks are exempt from any taxes. Registration of International banks is governed by the International Banks Act of 2004 and Regulations. Supervision body for International banks is the Financial Services Authority.

‍🇻🇺 Vanuatu International Bank License Issue of the International Bank license and regulation of the business activities undertaken by the licensees fall under the International Banking Act of 2002 and are controlled by the Reserve Bank of Vanuatu.