Singapore
The Singapore SVF (Stored Value Facility) license is analogous to the European EMI financial license. The license is great for a business that involves opening a payment system, issuing electronic currency.
The advantage of jurisdiction is the absence of strict requirements for the applicant. When making decisions to issue licenses, authorized bodies refer to international standards.
Obtaining a Multi-purpose SVF license in Singapore allows you to create your own payment system. The license provides a wide range of solutions for your business!
This license covers the following activities:
- provide merchant services;
- issue electronic money;
- issue prepaid cards;
- open electronic and mobile wallets;
- provide other financial services.
The main advantages of a license in Singapore:
- Worldwide recognized jurisdiction.
- The license implies the use of cryptocurrency for exchange.
- Can be equated to electronic means of payment and electronic money.
- The possibility of turnover in the secondary market is not limited.
- No restrictions on the circulation of electronic money.
Our services include:
- Opening a company to a resident of Singapore.
- Assistance in obtaining a residence permit.
- Obtaining a license "Multi-purpose SVF".
- Filing documents.
- Assistance in opening an account at a local bank.
- Help in drawing up the AML.
* We also provide assistance in the selection of personnel - an AML officer who is needed to work in this area.
Terms
From one to two months.
For more information and pricing, please contact our specialists. We are happy to answer all your questions!
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.
