It’s a promising environment for investing in FX projects. Low taxes’ rates make it possible to propose a variety of brokerage services there. Forex license in Belize is provided by local regulator, BIFSC; it controls and regulates operations in this industry.
Forex broker license in Belize: privileges & prospects
Getting license to trade Forex in Belize from regional authorities supposes first to pass organization’s registration. Belize’s considered among the most reliable offshore-spaces with a high level of security. By registering firm here, businesspersons can get access to next-mentioned privileges:
- no taxes;
- ensuring data confidentiality;
- registration in a short time;
- it is not mandatory for owners to stay in jurisdiction territory;
- one person can be shareholder and manager;
- board meeting may be appointed beyond state;
- there isn’t currency control at all.
To successfully use all advantages of this state as income-generating platform, it’s important to follow certain rules:
- firm doesn’t work with residents of state;
- executives cannot own real estate in the state;
- businesspersons need to get permission: it’s provided by regulative authorities for brokerage.
Obtaining FX license in Belize is beneficial for these points:
- quick procedure of getting permission comparing with others (90 days);
- large expertise in licensing FX activities;
- lack of excessively strict control over brokerage firms;
- loyalty of local authorities in this commercial direction.
How to register and obtain a Forex license in Belize?
To register organizations is quite elementary and efficient. Businesspersons should fulfill such points:
- collect all required papers from owners and investors;
- select a personal enterprise name not yet available there;
- pay taxes and registration fees;
- enter enterprise in general register.
To successfully complete this process, you must provide such documentations:
- Statute;
- documentary evidence regarding tops’ appointment;
- directors’ details;
- if firm has nominee directors, you’ve to possess an authorized permission to manage firm.
Belize Forex license application
Everyone wanting to get a Forex license needs to follow mandatory rules set by BFSC. It’s essential to collect all needed documentation by contacting controlling authority. Necessary should to be prepared:
- application drawn up and approved by a notary;
- personal shareholders’ information and documents their confirmation;
- passports photocopies certified by a notary, confirmation of where persons live, banking statements and resumes from each management member;
- commercial description.
Every jurisdiction has licensing difficulties, and this state isn’t exception. BFSC sets comprehensive demands only a specially trained person with expertise may handle quickly and without problems.
In case you’ve intention to obtain a Forex license in Belize, please contact our specialists. Our experts help you in resolving any issue related to the transaction, provide full support and offer a lot of options for ready-made businesses for sale.
You can see our current offers in the categories “Cryptocoins and licensing of cryptocurrency operations”, “Ready-made companies”, “Banks for sale” and “Licenses for sale”.