Getting a Belize Forex brokerage license gives brokerage firms possibilities to be officially present on the market, operate as a regulated party and hold client funds. But all business-activities of each company are subject to stringent regulations, which will have to be supported by appropriate reports sent to a special authority. Belize is suitable as a lucrative space for the work of investment firms. Loyal laws, which are based on the legal model of Britain, make Belize quite appealing and profitable for brokers. The local regulatory institution is International Financial Commission – IFSC, which issues permits and controls this area.
Our firm has been working in the field of launching and licensing business-projects worldwide for plenty of years. We provide comprehensive professional assistance in getting Forex licenses in Cyprus, Estonia, Hong Kong and others.
Let’s consider the main criteria set by official authorities.
Local Laws regarding issuance of permits for Forex-brokers were updated in 2016:
Firms that hold a Belize Forex brokerage license are needed to submit financial statements for quarter-period, and an annual report. A firm secretary can be individual residing anywhere and without nationality normative rules.
Basic documentation what is needed for IFSC:
In addition, the regulator has the right to request supplementary documentation and data if information provided is not enough.
There’re three types of permits for owners of brokerage-companies:
It’s necessary to establish an organization, which is quite simple to do there. Registering a company in this jurisdiction offers several privileges that businessmen should bear in mind.
Loyal laws in force in this jurisdiction give a huge advantage to firms operating here. Getting a Belize Forex license locally provides plenty of other privileges:
Under local law, a simple and fairly quick licensing process is provided.
Our professionals accompany you at every phase of this process, taking on difficult aspects, including interaction with the IFSC. We assist to obtain Forex-licenses in UK, Switzerland and hundreds of EU countries.
Residents of foreign states residing in Belize pay only income tax on funds received locally. All immigrant persons with a banking account not in Belize aren’t covered by foreign income tax.
Our professionals are highly-qualified and very competent in matters of establishment and licensing of firms in jurisdictions worldwide. We’ll be able to solve any issues by providing comprehensive support of specialists at all stages of process of getting a Belize Forex license.
Our experts guarantee fast and high-quality results.
Cost of getting a Belize license Forex always differs, based on the mass of criteria. Specialists calculate the full cost individually, before starting cooperation. We will calculate the most favorable basis for licensing and optimize all means, as well as the time for firm establishment.
Our company has been on the market for a long time, so it has an excellent reputation and a lot of satisfied clients who always come back for new assistance to scale businesses.
Using our services, you will save not only your money, but also time-resources. Trust our professionals! Registering and establishing a firm in any country will be quick and hassle-free.
A Forex license gives entrepreneurs who hold it the official and unrestricted right to act as a participant and service provider in the Forex market. Belize license Forex is required in order to offer clients certain Forex services, the full and specific range of which depends on the type of license. Traders who do not have such a license are not allowed to operate in the Forex market. Activities uncontrolled by the regulator are punishable by penalties.
The local regulator is the International Financial Commission of Belize – IFSC. This body strictly and impartially controls the activities of Forex brokers and issues licenses for this type of activity. To become a holder of such a permit, applicants must demonstrate full and consistent compliance with the established requirements to the IFSC. Only with full compliance with each of the required regulatory points, the regulator approves the application and issues a Belize license Forex.
To conduct legal activities as a Forex broker in Belize, you must obtain the appropriate license. Forex license Belize provides official access to the Forex market and unlimited opportunities in relation to the provision of Forex services. Successfully obtaining a license requires meeting the criteria set by the local regulator.
The total cost of obtaining a Belize Forex brokerage license is calculated individually in each case. Our experts will make the correct calculation for you. We will also make every effort to optimize your budget. Contact us for an initial consultation.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.