Comoros is one of the luxurious locations for biz, in particular, in the field of investments and finance. Thanks to its favorable geographical location and the absence of income taxes, the Comoros attracts numerous investors and entrepreneurs from all over the world who are looking for favorable conditions for the development of their biz.
The Forex industry is one of the key sectors of the Comoros economy. Many monetary services companies are opening offices in the islands to gain access to this important market. Regulation of forex brokers in the Comoros is carried out by the Ministry of Finance and Budget, which is responsible for granting licenses for activities in this area.
Obtaining a Comoros forex licence can be beneficial for forex brokers as it allows them to position themselves in the international forex market and offer their favors to investors worldwide. The Comoros license also allows brokers to attract clients from different countries and conduct investment transactions without paying income taxes.
Achieving a Forex broker license in Comoros has several advantages:
In order to obtain a permission for Forex activities in the Comoros Islands, certain requirements must be met. The most important of them are the following:
To obtain a Forex license in Comoros, the applicant must provide the following documents and information:
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