Forex License Vanuatu
Activities in the financial service market require a special license. Specialists who work in the Forex-industry or in the binary option section have an opportunity to obtain financial licenses by offshore company registration in the Republic of Vanuatu. This license confirms status as a high-level international service provider and inspires customers’ trust.
Company Activity in Vanuatu is regulated by ”Companies Act” and "International companies Act." An Offshore registered as an International or Foreign company is not subject to taxation.
Vanuatu Financial Services Commission (VFSC) performs the functions of regulation and supervision of financial institutions in the country. IT OFFSHORE company provides services regarding investment or brokerage company registration, opening a bank account, it also renders assistance in obtaining a license in compliance with all the VFSC requirements.
The license is issued for the following activities:
- Asset Management
- Advisory Service
- Trading in Forex
Our service package includes the following:
- Payment of government fee for company registration in Vanuatu;
- Registered address in Vanuatu;
- Government licensing fee;
- Registered agent services;
- Delivery of documents to the requested address.
Stages of obtaining a license:
Company Registration (minimum one director of any residence - individual or entity) is required, there are no requirements for a secretary or local registered office.
Completing the forms and applying to the Financial Services Commission of Vanuatu with a request for obtaining Security License which includes Forex activity.
Payment of government fees (VFSC) for filing a license application and licensing fee.
In the event of registration approval one can successfully obtain a license.
The cost of the license is $8299, the cost of registering your company is $1700.
The cost of company and license renewal is $335 per month (the price includes the local Director Service). The cost of yearly license renewal is $4,000 including the mandatory payments, renewal fees, nominal address, as well as director services and office.
The sum includes:
- Expenses incurred durign company registration
- Providing a registered address
- Government fee for license renewal
- Registered agent services
- Support during the entire license registration procedure from the moment of documents submission to the Commission up to obtaining a license.
- Setting up a package of documents for obtaining a license
- Delivery of documents to the requested address
Timeframes for obtaining a license:
The timeframe of company registration with Forex license is 2-3 months.
Minimum of one director (individual or entity) with no residency requirements
Secretary not required
In order to register a company with the right to obtain a Security License, the director must have duly documented experience in the financial sector, a high level of educational and good professional reputation.
Nominee service is possible.
Locally registered office is not required for company establishment in Vanuatu.
Registered Capital Requirements
To register a company with a brokerage license in Vanuatu the adequate amount of registered capital is $2000.