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Financial Companies

The financial market is growing rapidly every day while investors are becoming more interested in the industry and at the same time, much more demanding. Many investment firms are being licensed in an increasingly regulated, competitive and demanding environment in retail and institutional markets.

GFSC Global offers Licensing solutions for Forex and Brokerage companies (STP and Market Maker types)  in various jurisdictions such as: Cyprus, Malta, UK, Latvia, Bulgaria, Czech Republic, Ireland, Lithuania, Mauritius, Cayman Islands, Seychelles, Belize, New Zealand, BVI, Singapore, Australia, Vanuatu, UAE (Dubai), Hong Kong, Labuan, South Africa, Cambodia, Isle of Man and many others.

GFSC Global provides full Post Licensing support:

  1. AML/ Compliance support, Risk management support, Legal services
  2. Internal and External audit services
  3. Capital Adequacy Calculation, ICAAP
  4. In–house Seminars and Trainings
  5. Registration of Branches, Rep. Offices worldwide
  6. Legal opinions
  7. CRS and FATCA reporting
  8. DPO & GDPR advisory services

Apply for our Financial Companies Services

Please complete the form and an expert will get back to you within 24 hours.

Regulated Licensed solutions
in the European Union

Licenses are granted by the Cyprus Securities and Exchange Commission (“CySEC”) under the L. 87(I)/2017 regarding the provision of investment services, the exercise of investment activities and the operation of regulated markets. You can apply for either an STP or a Market Maker license.

Below please find features of the STP and Market Maker category in more details:

Feature/Category

Cyprus Investment Firm License

Type of company required to be eligible

Ltd company

Corporate Taxation

12,5%

Minimum paid-up statutory capital

50,000 EUR deposited in Cyprus for STP (without Funds Custody) 

125,000 EUR deposited in Cyprus for STP

730,000 EUR deposited in Cyprus for Market Maker

Main requirements

Physical office, Board of Directors, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management

Timeframe

A completed application is normally decided upon by CySEC within 6-9 months from the date of the final filing.

Government fees

starts from 7,000 EUR

GFSC GLOBAL can offer as well the following services in relation to the licence application, which includes:

1) Opening additional bank accounts (worldwide).

2) Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), etc.)

3) Provide outsourced services, such as Accounting, Bookkeeping, Internal Audit, External Audit, Capital Adequacy calculation

4) Provide outsourced Compliance support services

5) Provide outsourced Risk Management services

6) Assistance with finding local premises

Licenses are granted by the Financial Conduct Authority (“FCA”) under the provisions of the Financial Services and Markets Act (FSMA) 2000.

Below please find features of the STP and Market Maker category in more details:

Feature/Category

Investment Firm License

Type of company required to be eligible

Ltd company

Corporate Taxation

19%

Minimum paid-up statutory capital

50,000 EUR deposited in UK for STP (without Funds Custody)

125,000 EUR deposited in UK for STP

730,000 EUR deposited in UK for Market Maker

Main requirements

Physical office, Board of Directors, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management

Timeframe

A completed application is normally decided upon by FCA within 8-12 months from the date of the final filing

Government fees

starts from 1,700 EUR

 

GFSC GLOBAL can offer as well the following services in relation to the licence application, which includes:

1) Opening additional bank accounts (worldwide).

2) Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), etc.)

3) Provide outsourced services, such as Accounting, Bookkeeping, Internal Audit, External Audit, Capital Adequacy calculation

4) Provide outsourced Compliance support services

5) Provide outsourced Risk Management services

6) Assistance with finding local premises

Licenses are granted by the Malta Financial Services Authority (“MFSA”) under the provisions of the Investment Services Act (Cap. 370 of the Laws of Malta).

Below please find features of the particular license category in more details:

Feature/Category

Investment Services Licence

Type of company required to be eligible

Ltd company

Corporate Taxation

35%

Minimum paid-up statutory capital

50,000 EUR deposited in Malta for STP (without Funds Custody)

Dependent on services to be provided. Range is 125,000 EUR – 730,000 EUR

Main requirements

Physical office, Board of Directors, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management

Timeframe

A completed application is normally decided upon by MFSA within 6 months from the date of the final filing

Government fees

The government fees are depending on the services to be provided and range is between 2,500 EUR- 17,000 EUR

 

GFSC GLOBAL can offer as well the following services in relation to the licence application, which includes:

1) Opening additional bank accounts (worldwide).

2) Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), etc.)

3) Provide outsourced services, such as Accounting, Bookkeeping, Internal Audit, External Audit, Capital Adequacy calculation

4) Provide outsourced Compliance support services

5) Provide outsourced Risk Management services

6) Assistance with finding local premises

Licenses are granted by the Financial and Capital Markets Commission (“FCMC”) under the provisions of the Financial Instruments Market (the Law).

 

Below please find features of the particular license category in more details:

Feature/Category

Investment Firm License

Type of company required to be eligible

Ltd company

Corporate Taxation

20%

Minimum paid-up statutory capital

50,000 EUR deposited in Latvia for STP (without Funds Custody)

Dependent on services to be provided. Range is 125,000 EUR – 730,000 EUR

Main Requirements

Physical office, Board of Directors, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management

Timeframe

A completed application is normally decided upon by FCMC within 3-4 months from the date of the final filing

Government fees

Apart from our professional fee, there will also be license fees payable to the FCMC upon submission of the application.

  

GFSC GLOBAL can offer as well the following services in relation to the licence application, which includes:

1) Opening additional bank accounts (worldwide).

2) Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), etc.)

3) Provide outsourced services, such as Accounting, Bookkeeping, Internal Audit, External Audit, Capital Adequacy calculation

4) Provide outsourced Compliance support services

5) Provide outsourced Risk Management services

6) Assistance with finding local premises      

Licenses are granted by the Bulgarian Financial Supervision Commission (“FSC”) under the provisions of the Markets in Financial Instruments Act of 2007.

Below please find features of the particular license category in more details: 

Feature/Category

Investment Firm License

Type of company required to be eligible

Ltd company

Corporate Taxation

10%

Minimum paid-up statutory capital

50,000 EUR deposited in Bulgaria for STP (without Funds Custody)

Dependent on services to be provided. Range is 125,000 EUR – 730,000 EUR

Main Requirements

Physical office, Board of Directors, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management

Timeframe

A complete license application is normally decided upon by the FSC within 6 months from the date of the final filing

Government fees

The government fees are depending on the services to be provided and range is EUR 3,200 or EUR 5,100

GFSC GLOBAL can offer as well the following services in relation to the licence application, which includes:

1) Opening additional bank accounts (worldwide).

2) Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), etc.)

3) Provide outsourced services, such as Accounting, Bookkeeping, Internal Audit, External Audit, Capital Adequacy calculation

4) Provide outsourced Compliance support services

5) Provide outsourced Risk Management services

6) Assistance with finding local premises                  

Licenses are granted by the Bank of Lithuania under the provisions of the Law on Markets in Financial Instruments of the Republic of Lithuania.

Below please find features of the particular license category in more details:

Feature/Category

Financial Brokerage Firm Licence

Type of company required to be eligible

Ltd company

Corporate Taxation

15%

Minimum paid-up statutory capital

50,000 EUR deposited in Lithuania for STP (without Funds Custody)

Dependent on services to be provided. Range is 125,000 EUR – 730,000 EUR

Main Requirements

Physical office, Board of Directors, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management

Timeframe

A complete license application is normally decided upon by the Bank of Lithuania within 6 months from the date of the final filing

Government fees

EUR 947

GFSC GLOBAL can offer as well the following services in relation to the licence application, which includes:

1) Opening additional bank accounts (worldwide).

2) Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), etc.)

3) Provide outsourced services, such as Accounting, Bookkeeping, Internal Audit, External Audit, Capital Adequacy calculation

4) Provide outsourced Compliance support services

5) Provide outsourced Risk Management services

6) Assistance with finding local premises                              

Regulated Licensed Solutions
In Offshore Jurisdictions

Mauritius is a popular offshore country for companies. Financial companies love it there because of the weak regulation and low taxes. At GFSC Global, we help financial companies get licenses to operate in the country. The minimum capital for an STP no advise company is 600000 Mauritius rupees. For an STP + advise, the minimum capital is 670000 Mauritius rupees and 1 million rupees for a market maker. It takes about 4 months to get a license and a company needs at least two directors. Other services that we offer are compliance, external and internal audits, capital adequacy calculations, and bank accounts among others.

Cayman Islands is a well-known tax haven. Many companies and foundations are registered there because of the low taxes that they offer. Our company is at the forefront of helping financial companies get registered in the island. The minimum capital for a financial company is about $125000 and the timeframe for getting a license is between 3 and 4 months. Using a company like ours can help you get the license as soon as possible.

At GFSC Global, we have a team of competent personnel that have been in the industry for decades. We help companies get registered and audited. We also help them operate in compliance with the law. Other services that we offer are recruitment, bank accounts, virtual offices, and immigration.

Belize is another small country that generates income by attracting foreign companies. The minimum licensing capital for financial companies is $500000 for market makers and $50000 for asset management. Government fees start at $3,000 and the time taken is between 1 and 2 months. Our company help organizations acquire their licenses, register their businesses, be compliant, and have virtual or physical offices.

New Zealand is a country that is well-known for its dairy industry. The country is fast-emerging as a leading financial centre in the Asia-Pacific region. At GFSC Global, we can help to register your company in New Zealand. The minimum capital required for a market maker is NZD 800k and government fees come at NZD 2,000. It takes about 1 and 2 months to obtain a license. The main requirements are a local director, office, and minimum staff.

BVI is a well-known tax haven. It is known because of the many famous companies that are registered there.  The minimum capital required for a financial company ranges between $50,000 and $1 million. Government fees start at $1,000 while the timeframe for a license is 3 to 4 months. The main requirements are an office address, a local director, and audited financial statements. Our company help organizations acquire their licenses, register their businesses, be compliant, and have virtual or physical offices.

Singapore is one of the best-known Asian Tiger countries. It is well-known for the rapid pace of development that have happened. It is also known for its close proximity to China. It is also known for its advanced financial industry. The minimum capital required for financial services companies is $1 million and the time it takes to obtain a license is between 3 and 4 months. Our company help organizations acquire their licenses, register their businesses, handle their bank accounts, be compliant, and have virtual or physical offices.

Australia is another developed country in the Asia Pacific. The country is known for its development and the fact that it has never been in recession for almost three decades. We have a team of lawyers and consultants in our offices in Australia. It takes up to 6 months to have a company registered in the country. Minimum capital starts at about A$1 million and government fees start at $3,000.

Our company help organizations acquire their licenses, register their businesses, be compliant, and have virtual or physical offices.

Vanuatu is a small country that many people have not heard about. The country has a vibrant financial sector because of the reduced regulations. The minimum regulatory capital for a financial services company is $50000 and government fees start at $2,100. It takes between 4-5 weeks to have a license given but this depends on the consultant being used. Our company help organizations acquire their licenses, register their businesses, be compliant, and have virtual or physical offices.

Seychelles is another small country that many people have not heard about. The country has a vibrant financial sector because of the reduced regulations. The minimum regulatory capital for a financial services company is $50000 and government fees start at $5,700. It takes between 2 weeks to have a license given but this depends on the consultant being used. Our company help organizations acquire their licenses, register their businesses, be compliant, and have virtual or physical offices.

Our company also offers licensing assistance in other countries like Hong Kong, United Arab Emirates, South Africa, Labuan, Isle of Man and Belarus.