Australia
Australia offers attractive business opportunities. Financial services as a whole is an area of business that is in demand and constantly evolving. To do business in Australia, you need to obtain a financial license from the Australian regulatory authorities.
An Australian financial license allows a company to engage in activities that include offering a financial product to clients.
The main activities are:
- receiving and making payments to third parties;
- foreign exchange transactions;
- derivatives;
- financial consulting;
- investing for third parties;
- operations with cryptocurrencies.
The licensing procedure includes:
- registering a company in Australia,
- preparing the necessary documents,
- opening a bank account,
- collecting an application for a financial license and related documentation.
Note that the company may be established by non-residents. For an Australian company, a bank account must be opened with a local bank. To register a company and open a bank account, the client does not need to be personally present in Australia.
A financial company in Australia is required to have directors with the necessary experience and skills in the financial sector. The number of directors depends on the complexity of your business.
The main requirements for obtaining a financial license in Australia are:
- Having an employee with experience in the financial industry;
- Justification for starting such activities;
- A simple business plan;
- Compliance with all directors and founders;
- Availability of funds to start operations;
- Approval by AML Compliance Policy;
- Some additional documents;
Reporting requirements:
- Maybe only a legal address, the physical presence of a real office is not necessary.
- Reporting is mandatory. Accounting reports should be submitted annually. The audit is carried out at the request of the regulatory authorities
- In most cases, it is possible to avoid the requirement for the сapital, if transactions for a particular customer do not exceed 100,000 AUD.
Consult with IT-OFFSHORE specialists on obtaining financial license in Australia. We guarantee quality services at the best price and with the most convenient timing.
Ready-made companies with bank accounts
Or you've already got own business and there is a need to expand the scope of activities. To avoid the loss of time and effort to register juridical individuals, you can arrange a ready-made company. You will have a fully prepared company with a package of documents, which is mandatory for conducting a full-fledged activity.
Companies with licenses
Buying a ready-made company is the best option for operational business development in a new industry, as well as the need to expand the scope of the existing organization increase its scale. Acquisition of a company with mandatory permits and license means the ability to enter a new market in a short period of time.
Banks
Acquisition of a ready-made bank allows you to save time, as well as quickly carry out all reissuing operations. On average, the procedure takes about one day. As a result, the client becomes the head of the bank, which already has a client base, as well as status in the market and ready staff. Our company conducts all operations in accordance with existing legislation.
Funds
Investment fund is a modern investment tool designed for all types of assets. The purpose — managing of assets as well as solving number of tasks in a way that works best for individuals. There is no open subscription, meaning that a private investment fund has a closed structure. This is the most optimal solution for distributing capital through broad instruments.
SEMI for sale
When conducting business related to foreign exchange transactions, electronic money and cryptocurrencies, it may be necessary to open a financial company with a SEMI license. This type of license covers the production of debit cards and cryptocurrencies, the acceptance and sending of payments, the execution of transfers from third parties, and the opening of merchant accounts.
Crypto Offshore
When working with cryptocurrency it is important to choose the right country, where it is most profitable to open a company. Each country has a different attitude towards this type of currency. A country that has a loyal or positive attitude towards cryptocurrency can be called a crypto-offshore.
