Licenses are granted by the BVI Financial Services Commission (“BVIFSC”) under the provisions of the Securities and Investment Business Act of 2010. Below please find features of the particular license category in more details:

Feature/Category	SIBF License
Type of company required to be eligible	BVI LLC company
Corporate taxation	0%
Minimum paid-up statutory capital	Depends on services to be provided. Range is from 50,000 USD to 1,000,000 USD
Main requirements	Minimum 2 directors, Compliance & AML Officers, bookkeeping/audit, audited financial statements, physical office
Timeframe	A complete license application is normally decided upon BVIFSC approval within 3-4 months from the date of filing
Government fees	2,500 USD*

GFSC GLOBAL can offer as well the following services in relation to the license application, which include: 1) Opening of operational and clients bank accounts (worldwide) 2) Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), other required qualified personnel) 3) Provide outsourced services, such as Accounting, Bookkeeping, Internal Audit, External Audit, Quarterly & Annual Reporting 4) Provide outsourced Compliance & AML Support services 5) Provide outsourced Risk Management services 6) Assistance with finding local premises 7) Assistance with Trademark & Brand Name registration 8) Provide in-house trainings/seminars 9) Provide Legal Opinions 10) Provide DPO & GDPR Advisory services