The developer of MetaTrader platforms has updated the list of documents required to access the White Label program. Many companies that do not have such a tool as their own software, turn to the platforms of leading technology providers in the Forex market, such as MetaQuotes Software, through White Label. Recently, MetaQuotes Software, the creator…
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Key Details of this Lithuanian VASP: Licensed VASP: Established in 2021 with full authorization from FNTT. Banking Setup: Active PSP account with a Lithuanian EMI for smooth operations, and a local bank account for tax and salary payments. Financial Stability: No loans or debts, in good standing, compliant with AML/KYC regulations. Legal and Operational Support:…
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South Africa FSP License Bank Account: Includes one local bank account. Personnel: Local director and Key Individual (KI) available to stay post-sale. Transfer Timeline: Quick transfer—1 week for CIPC, 3 weeks for FSCA. Mauritius Full Service Dealer License Bank Accounts: Corporate and client accounts at MauBank. Capital Requirement: €24,000 Total Investment: €227,800 (inclusive of setup…
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+1 (888) 647 05 40A trust in Spain allows the owner of a property to entrust a third party with the management or preservation of certain assets so that they can be transferred to another person at a certain time or generate income while being in circulation in certain commercial transactions. If we talk about inheritance, when transferring assets to a trust, a direct heir and another indirect heir are determined, who inherit each other’s ownership for the transfer of property. Thus, a trust is a commercial entity that allows the owner of the property to instruct a trusted company to protect the property, transfer it to a third party at the appropriate time and invest it for profit. We can say that this is an instrument that is used to replace the ownership of assets. The trust acts as the manager of the property. Below we will look at the main aspects of establishing a trust and obtaining a trust license in Spain.
Our company provides high-quality services for business registration and official certification. We have enormous experience and specialized knowledge, which allows us to achieve the best results for our clients providing Spain trust services. We also have an extensive list of ready-made trusts for sale.
The concept of the functioning of trust structures in Spain is regulated by the Civil Code and the National Bank of the jurisdiction, and establishes that in a trust the grantor ensures that the trustee receives a specific asset with the condition that upon expiration of the term the asset will be transferred or a certain profit will be received from its use. There are three parties to a testamentary trust:
According to Spain trust law, the duties of a trust are as follows.
For more detailed advice, please contact our experts. We will answer all your questions, and also offer options for ready-made trust companies with a license in Hong Kong, Mauritius, Estonia, Georgia and other countries around the world.
So, how to get trust license in Spain? Before it, it is important to conduct a detailed analysis of the legal framework and client trust license requirements Spain in order to be able to choose the most appropriate business tactics.
Trust license fees Spain required to pay range from 1,500 euros, depending on the scope of services under the license and other factors.
Our team of professional lawyers is ready to assist you in licensing your business. Trust license cost Spain varies and is calculated individually by our managers for each client. We will help you open a trust in Luxembourg, Denmark, France, Germany and other countries. Contact us today for professional trust services Spain and tomorrow your business will reach a new level.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.