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Obtain Forex Trading Licenses in Seychelles

Updated on Tuesday 16th January 2018

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Obtain-Forex-Trading-Licenses-in-Seychelles.jpgThe forex trading license is normally used by brokers and companies which activate in the business of trading foreign currencies. Because the foreign exchange market registers fluctuations on a daily basis, this can represent a profitable occasion for offshore companies in Seychelles expand their assets. Obtaining the forex trading license involves a simplified process, a matter where our specialists in company formation in Seychelles can provide information. The same team of advisors can help foreign business persons establish offshores in Seychelles.
 

How forex trading license is used in Seychelles

 
To perform operations on the foreign exchange market, a forex trading license is necessary under certain conditions. For instance, if a company is registered in Seychelles and has brokerage business activities in the insular state, then such license is mandatory. If all operations are outside Seychelles even if the company is registered in this country, then there is no need for a license in this matter, especially if the operations are in a state where a forex trading license is not imposed. Please consider that the following matters are the main steps involved in a forex trading license application:
 
•    register a company in Seychelles with at least 2 shareholders, 2 managers and a minimum share capital of $ 50,000;
•    apply with the Seychelles Financial Services Authority for a forex broker license;
•    open a bank account and deposit the minimum share capital.
 
We remind that the company registration process in Seychelles is subject to a fast incorporation regardless of the home country of the business person interested in this jurisdiction.
 

The Special License Company (CSL) in Seychelles

 
The Seychelles Financial Services Authority oversees the financial sector in the insular state, including the brokerage activities for which a forex trading license is necessary. In this sense, one should, first of all, registers a Special License Company (CSL), a necessary status to perform businesses in the financial sector under a forex trading license. Moreover, a company in Seychelles which obtained the CSL can offer advice to foreigners interested in the stock, securities, and forex investments.
 
In matters related to forex trading license and offshore registration in Seychelles, we suggest you contact our team of company incorporation consultants in Seychelles for comprehensive assistance and support.
 
 

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