GFSC Global provides full Post Licensing support:
- AML/ Compliance support, Risk management support, Legal services
- Internal and External audit services
- Capital Adequacy Calculation, ICAAP
- In–house Seminars and Trainings
- Registration of Branches, Rep. Offices worldwide
- Legal opinions
- CRS and FATCA reporting
- DPO & GDPR advisory services
Licenses are granted by the Cyprus Securities and Exchange Commission (“CySEC”) under the Law 87(Ι)/2017.
Below please find features of the particular license categories in more details:
Feature/Category | TYPE A- Cyprus Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments | TYPE B- Cyprus Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments | TYPE C- Cyprus Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments | Tied Agent- Cyprus Investment Firm License |
Type of company required to be eligible | Ltd company | Ltd company | Ltd company | Physical person or Legal Person |
Corporate taxation | 12,5% | 12,5% | 12,5% | * |
Minimum paid-up statutory capital | 730,000 EUR | 150,000 EUR | 50,000 EUR | Not required |
Main requirements | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | The Tied Agent should be approved by a Cyprus Investment Firm or from an EEA State |
Timeframe | A completed application is normally decided upon CySEC approval within 6-9 months from the date of the final filing | A completed application is normally decided upon CySEC approval within 6-9 months from the date of the final filing | A completed application is normally decided upon CySEC approval within 6-9 months from the date of the final filing | A completed application is normally decided upon CySEC approval within 1-2 months from the date of the final filing |
Government fees | 7,000 EUR* | 7,000 EUR* | 7,000 EUR* | 3,000 EUR |
GFSC GLOBAL can offer as well the following services in relation to the license application, which include:
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, Capital Adequacy calculation
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
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 categories in more details:
Feature/Category | Investment Services License Class 1 | Investment Services License Class 1 Minus This category is for investment firms which provide services, including (3) and / or (6) of Section A of Annex I to MiFID II and whose consolidated assets are larger than EUR 5 billion but less than EUR 15 billion and is subject to a decision with respect to this classification by the MFSA. | Investment Services License Class 2 This residual class of investment firms that do not fall under Class 1, Class 1 Minus nor Class 3. With this class, license holders are authorised to provide one or more of the following investment Services: | Investment Services License Class 3 This category is for small and non-interconnected investment firm. |
Type of company required to be eligible | Domestic company | Domestic company | Domestic company | Domestic company |
Corporate Taxation | From 5 to 35% | From 5 to 35% | From 5 to 35% | From 5 to 35% |
Minimum paid-up statutory capital | EUR 750,000 | EUR 750,000 | EUR 150,000 | EUR 75,000 |
Main requirements | – Minimum of three directors required, two of whom must be local and one being Independent. – Physical office or registered address and qualified staff required. – AML and MLRO Officers required to be local. – Audited Financial Statements required annually. | – Minimum of three directors required, two of whom must be local and one being Independent. – Physical office or registered address and qualified staff required. AML and MLRO Officers required to be local. Audited Financial Statements required annually. | – Minimum of three directors required, two of whom must be local and one being Independent. – AML and MLRO Officers required to be local. – Audited Financial Statements required annually. | – Minimum of three directors required, two of whom must be local and one being Independent. Physical office or registered address and qualified staff required. – AML and MLRO Officers required to be local. – Audited Financial Statements required annually. |
Timeframe | As regards the time frame for obtaining the license, a completed application is normally decided upon by the MFSA within 9-12 months from the date of filing. | As regards the time frame for obtaining the license, a completed application is normally decided upon by the MFSA within 9-12 months from the date of filing. | As regards the time frame for obtaining the license, a completed application is normally decided upon by the MFSA within 9-12 months from the date of filing. | As regards the time frame for obtaining the license, a completed application is normally decided upon by the MFSA within 9-12 months from the date of filing. |
GFSC GLOBAL can offer as well the following services in relation to the licence 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, Capital Adequacy calculation
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
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 categories in more details:
Feature/Category | TYPE A- Latvia Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments • Execution of orders on behalf of clients • Portfolio management | TYPE B- Latvia Investment Firm License covers one or more of the following services: •Reception and transmission of orders in relation to one or more financial instruments • Execution of orders on behalf of clients | TYPE C- Latvia Investment Firm License covers one or more of the following services: •Reception and transmission of orders in relation to one or more financial instruments • Execution of orders on behalf of clients | Tied Agent- Latvia Investment Firm License |
Type of company required to be eligible | Ltd company | Ltd company | Ltd company | Physical person or Legal Person |
Corporate taxation | 20% | 20% | 20% | * |
Minimum paid-up statutory capital | 730,000 EUR | 125,000 EUR | 50,000 EUR | Not required |
Main requirements | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | The Tied Agent should be approved by a Latvia Investment Firm or from an EEA State |
Timeframe | A completed application is normally decided upon FCMC approval within 3-4 months from the date of the final filing | A completed application is normally decided upon FCMC approval within 3-4 months from the date of the final filing | A completed application is normally decided upon FCMC approval within 3-4 months from the date of the final filing | A completed application is normally decided upon FCMC approval within 1-2 months from the date of the final filing |
Government fees | * | * | * | * |
GFSC GLOBAL can offer as well the following services in relation to the licence 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, Capital Adequacy calculation
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
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 categories in more details:
Feature/Category | TYPE A- Bulgaria Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments • Execution of orders on behalf of clients • Portfolio management | TYPE B- Bulgaria Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments • Execution of orders on behalf of clients • Portfolio management | TYPE C- Bulgaria Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments • Execution of orders on behalf of clients • Portfolio management | Tied Agent- Bulgaria Investment Firm License |
Type of company required to be eligible | Ltd company | Ltd company | Ltd company | Physical person or Legal Person |
Corporate taxation | 10% | 10% | 10% | * |
Minimum paid-up statutory capital | 730,000 EUR | 125,000 EUR | 50,000 EUR | Not required |
Main requirements | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | The Tied Agent should be approved by a Bulgaria Investment Firm or from an EEA State |
Timeframe | A complete license application is normally decided upon FSC approval within 6 months from the date of the final filing | A complete license application is normally decided upon FSC approval within 6 months from the date of the final filing | A complete license application is normally decided upon FSC approval within 6 months from the date of the final filing | A complete license application is normally decided upon FSC approval within 1-2 months from the date of the final filing |
Government fees | 3,200 EUR- 5,100 EUR * | 3,200 EUR- 5,100 EUR * | 3,200 EUR- 5,100 EUR * | * |
GFSC GLOBAL can offer as well the following services in relation to the licence 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, Capital Adequacy calculation
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
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 categories in more details:
Feature/Category | TYPE A- Lithuania Financial Investment License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments •Execution of orders on behalf of clients • Portfolio management | TYPE B- Lithuania Financial Investment License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments •Execution of orders on behalf of clients • Portfolio management | TYPE C- Lithuania Financial Investment License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments •Execution of orders on behalf of clients • Portfolio management | Tied Agent- Lithuania Financial Investment License |
Type of company required to be eligible | Ltd company | Ltd company | Ltd company | Physical person or Legal Person |
Corporate taxation | 15% | 15% | 15% | * |
Minimum paid-up statutory capital | 730,000 EUR | 125,000 EUR | 50,000 EUR | Not required |
Main requirements | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | The Tied Agent should be approved by a Lithuania Investment Firm or from an EEA State |
Timeframe | A complete license application is normally decided upon Bank of Lithuania approval within 6 months from the date of the final filing | A complete license application is normally decided upon Bank of Lithuania approval within 6 months from the date of the final filing | A complete license application is normally decided upon Bank of Lithuania approval within 6 months from the date of the final filing | A complete license application is normally decided upon Bank of Lithuania approval within 1-2 months from the date of the final filing |
Government fees | EUR 947 | EUR 947 | EUR 947 | * |
GFSC GLOBAL can offer as well the following services in relation to the licence 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, Capital Adequacy calculation
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
Licenses are granted by the National Bank of the Republic of Belarus under the provisions of the Law No 277 of April 28, 2006, on Securities Market.
Below please find features of the particular license category in more details:
Feature/Category | Forex Trading License |
Type of company required to be eligible | Ltd company |
Corporate taxation | 18% |
Minimum paid-up statutory capital | 100,000 USD |
Main requirements | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management |
Timeframe | A complete license application is normally decided upon National Bank of Belarus approval within 2-3 months from the date of the final filing |
Government fees | 7,000 EUR |
GFSC GLOBAL can offer as well the following services in relation to the licence 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, Capital Adequacy calculation
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
Licenses are granted by the Central Bank of Ireland (“CBI”) under the provisions of the Markets in Financial Instruments Directive, Directive 2014/65/EU of the European Parliament and of the Council (“MiFID”).
Below please find features of the particular license categories in more details:
Feature/Category | TYPE A- Ireland Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments | TYPE B- Ireland Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments | TYPE C- Ireland Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments | Tied Agent- Ireland Investment Firm License |
Type of company required to be eligible | Ltd company | Ltd company | Ltd company | Physical person or Legal Person |
Corporate taxation | 12,5% | 12,5% | 12,5% | * |
Minimum paid-up statutory capital | 730,000 EUR | 125,000 EUR | 50,000 EUR | Not required |
Main requirements | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | The Tied Agent should be approved by an Ireland Investment Firm or from an EEA State |
Timeframe | A complete license application is normally decided upon CBI approval within 3-4 months from the date of filing | A complete license application is normally decided upon CBI approval within 3-4 months from the date of filing | A complete license application is normally decided upon CBI approval within 3-4 months from the date of filing | A complete license application is normally decided upon CBI approval within 1-2 months from the date of filing |
Government fees | * | * | * | * |
GFSC GLOBAL can offer as well the following services in relation to the licence 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, Capital Adequacy calculation
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
Licenses are granted by the Polish Financial Supervision Authority (“KNF”) under the Act on trading in financial instruments.
Below please find features of the particular license categories in more details:
Feature/Category | TYPE A- Poland Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments | TYPE B- Poland Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments | TYPE C- Poland Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments | Tied Agent- Poland Investment Firm License |
Type of company required to be eligible | Ltd company | Ltd company | Ltd company | Physical person or Legal Person |
Corporate taxation | 19% | 19% | 19% | * |
Minimum paid-up statutory capital | 800,000 EUR | 125,000 EUR | 50,000 EUR | Not required |
Main requirements | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | The Tied Agent should be approved by a Poland Investment Firm or from an EEA State |
Timeframe | A completed application is normally decided upon KNF approval within 6-9 months from the date of the final filing | A completed application is normally decided upon KNF approval within 6-9 months from the date of the final filing | A completed application is normally decided upon KNF approval within 6-9 months from the date of the final filing | A completed application is normally decided upon KNF approval within 1-2 months from the date of the final filing |
Government fees | 4,500 EUR | 4,500 EUR | 4,500 EUR | * |
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, Capital Adequacy calculation
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
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 particular license categories in more details:
Feature/Category | TYPE A- UK Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments | TYPE B- UK Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments | TYPE C- UK Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments | Tied Agent- UK Investment Firm License |
Type of company required to be eligible | Ltd company | Ltd company | Ltd company | Physical person or Legal Person |
Corporate taxation | 19% | 19% | 19% | * |
Minimum paid-up statutory capital | 730,000 EUR | 125,000 EUR | 50,000 EUR | Not required |
Main requirements | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | The Tied Agent should be approved by a UK Investment Firm or from an EEA State |
Timeframe | A completed application is normally decided upon FCA approval within 8-12 months from the date of the final filing | A completed application is normally decided upon FCA approval within 8-12 months from the date of the final filing | A completed application is normally decided upon FCA approval within 8-12 months from the date of the final filing | A completed application is normally decided upon FCA approval within 1-2 months from the date of the final filing |
Government fees | 1,500 GBP* | 1,500 GBP* | 1,500 GBP* | * |
GFSC GLOBAL can offer as well the following services in relation to the licence 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, Capital Adequacy calculation
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
Licenses are granted by the Mauritius Financial Services Commission under the provisions of the Securities Act 2005.
Below please find features of this particular license category in more details:
Feature/Category | Full Dealer License (with no underwriting) |
Type of company required to be eligible | GBL |
Corporate taxation | 3% |
Minimum paid-up statutory capital | 1,000,000 Mauritian rupees (approximately USD20,000) |
Main requirements | – 2 directors (locals), 1 Executive Director, – Compliance, MLRO and Deputy MLRO Officers (locals), – Local office, through our office in Mauritius – Bookkeeping (local), – Audited Financial Statements, through local Auditor |
Timeframe | A complete license application is normally decided upon FSC approval within 4-5 months from the date of filing |
Government/License Processing Fee & Annual Fees | 5,800 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, Tax Calculation
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
Licenses are granted by the Cayman Islands Monetary Authority (“CIMA”) under the provisions of the Securities Investment Business Law.
Below please find features of the particular license category in more details:
Feature/Category | Brokerage License |
Type of company required to be eligible | Formation of Cayman Islands exempted company, or other similar entity |
Corporate taxation | 0% |
Minimum paid-up statutory capital | 125,000 USD |
Main requirements | Minimum 2 directors (1 local), Compliance & AML Officers (locals), quarterly statistics calculation, bookkeeping/audit, qualified personnel, Annual on- site inspection of business premises by CIMA |
Timeframe | A complete license application is normally decided upon CIMA approval within 6-8 months from the date of filing |
Government fees | 12,732 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 Statistics, preparation for the On-site Inspection
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
Licenses are granted by the Financial Services Commission (FSC) under the provisions of the Financial Services Commission Act, 2023 and the Securities Industry Act, 2021 (SIA).
Below please find features of the particular license categories in more details:
Feature/Category | Trading in Securities License | Brokerage, Consultancy, Advisory Services License | Asset Management License |
Type of company required to be eligible | IBC | IBC | IBC |
Corporate taxation | 1,75% | 1,75% | 1,75% |
Minimum paid-up statutory capital | 500,000 USD | 50,000 USD | 25,000 USD |
Main requirements | Minimum 2 directors (1 local), Compliance & AML Officers, bookkeeping/ audit, audited financial statements, physical office | Minimum 2 directors (1 local), Compliance & AML Officers, bookkeeping/ audit, audited financial statements, physical office | Minimum 2 directors (1 local), Compliance & AML Officers, bookkeeping/ audit, audited financial statements, physical office |
Timeframe | A complete license application is normally decided upon FSC approval within 2.5-3 months from the date of filing | A complete license application is normally decided upon FSC approval within 2.5-3 months from the date of filing | A complete license application is normally decided upon FSC approval within 2.5-3 months from the date of filing |
Government fees | 26,000 USD | 6,000 USD | 6,000 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
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
Licenses are granted by the Monetary Authority of Singapore (“MAS”) under the provisions of the Securities and Futures Act (CAP.289).
Below please find features of the particular license category in more details:
Feature/Category | CMS License |
Type of company required to be eligible | Singapore LLC company |
Corporate taxation | 17% |
Minimum paid-up statutory capital | Depends on services to be provided. Range is from 50,000 SGD to 5,000,000 SGD |
Main requirements | Minimum 2 directors (1 local), Compliance & AML Officers, qualified personnel, bookkeeping/audit, audited financial statements, physical office |
Timeframe | A complete license application is normally decided upon MAS approval within 8-10 months from the date of filing |
Government fees | 1,000 SGD |
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
Licenses are granted by the Australian Securities and Investment Commission (“ASIC”) under the provisions of the Corporations Act 2001.
Below please find features of the particular license categories in more details:
Feature/Category | AFS License | Representative of AFS License |
Type of company required to be eligible | Australian LLC company | Individuals, legal entities, partnerships, or a group of individuals and/or legal entities that are the trustees of a trust. |
Corporate taxation | 27,5% | 27,5% |
Minimum paid-up statutory capital | 1 million AUD | Not required |
Main requirements | Minimum 2 directors (1 local), qualified personnel, AML/CFT registration, capital adequacy calculation, bookkeeping/audit, audited financial statements, physical office | • If it is an individual- to be well qualified in order to act as an authorized representative |
Timeframe | A complete license application is normally decided upon ASIC approval within 7-9 months from the date of filing | A complete license application is normally decided upon ASIC approval within 5-6 months from the date of filing |
Government fees | 7,500 AUD | * |
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, Capital Adequacy Calculation, 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
Licenses are granted by the Financial Services Authority (“FSA”) under the provisions of the Seychelles Securities Act 2007.
Below please find features of the particular license categories in more details:
Feature/Category | Securities Dealer License | Investment Advisor License |
Type of company required to be eligible | Seychelles LLC company | Seychelles LLC company |
Corporate taxation | 1.5% | 1.5% |
Minimum paid-up statutory capital | 50,000 USD | 25,000 USD |
Main requirements | Minimum 2 directors, minimum 2 shareholders, professional indemnity insurance, Compliance Officer (local), qualified personnel, tax calculation, bookkeeping/audit, audited financial statements with local auditor, physical office | Minimum 2 directors, minimum 2 shareholders, professional indemnity insurance, Compliance Officer (local), qualified personnel, tax calculation, bookkeeping/audit, audited financial statements with local auditor, physical office |
Timeframe | A complete license application is normally decided upon FSA approval within 4,5 – 5 months from the date of filing | A complete license application is normally decided upon FSA approval within 4,5 – 5 months from the date of filing |
Government fees | 5,750 USD | 5,250 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, Tax Calculation, 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
Licenses are granted by the Securities Commission of the Bahamas (the “Commission”) under the provisions of the Securities Industry Act of 2011.
Below please find features of the particular license category in more details:
Feature/Category | Broker Dealer License |
Type of company required to be eligible | Bahamas LLC Company |
Corporate taxation | 0% |
Minimum paid up statutory capital | 300,000 USD |
Main requirements | Minimum 2 directors, Compliance & AML Officers (locals), qualified personnel, bookkeeping/audit, audited financial statements with local auditor, physical office |
Timeframe | A complete license application is normally decided upon Securities Commission approval within 2-4 months from the date of filing |
Government fees | 7,700 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
The securities and CFDs dealing activities in Labuan are mainly regulated under the Labuan Financial Services and Securities Act, 2010 (“LFSSA”) and Labuan Islamic Financial Services and Securities Act, 2010 (“LIFSSA”) as IBFC and regulated by the LFSA.
Below please find features of this license in more detail:
Feature/Category | Money Broker License |
Type of company required to be eligible | Labuan Company |
Minimum paid-up statutory capital | RM 500,000 to be maintained in a local bank after the approval of license |
Main requirements | • 2 Directors with experience |
Taxation | 3% of audited net profit |
Government/Regulatory Fees | License application fee USD 2,500 |
Timeframe | 3-4 months from the date of submission of a complete application |
GFSC GLOBAL can offer additional services in relation to the license application, which include:
1) Assisting with obtaining a Professional Indemnity Insurance policy;
2) Provision of Executives directors, if needed;
3) Provision of nominee shareholders, if needed;
4) Provide on-going services, such as accounting, audit, bookkeeping, quarterly reporting;
5) Opening additional operational bank accounts (worldwide);
6) Provision of GDPR services & ISO certification services.
Licenses are granted by the Securities and Futures Commission (“SFC”) under the provisions of the Securities and Futures Ordinance [Cap. 571].
Below please find features of the particular license category in more details:
Feature/Category | Leveraged Foreign Exchange Trading License (Type 3) |
Type of company required to be eligible | Hong Kong LLC Company |
Corporate taxation | 8.25% or 16.5% depending on the amount of profits |
Minimum paid-up statutory capital | If the entity is an approved introduced agent, trader, or a futures non-clearing dealer- 5,000,000 HKD Any other case- 30,000,000 HKD |
Main requirements | Minimum 2 directors (1 local), Compliance & AML Officers, qualified personnel, capital adequacy calculation, bookkeeping/audit, audited financial statements with local auditor, personal presence |
Timeframe | A complete license application is normally decided upon SFC approval within 6 months from the date of filing |
Government fees | 129,730 HKD |
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, Capital Adequacy Calculation, 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
Licenses are granted by the Securities and Exchange Commission of Cambodia (“SECC”) under the provisions of the Law on the issuance and trading of Non- Government Securities.
Below please find features of the particular license category in more details:
Feature/Category | Securities Dealer License |
Type of company required to be eligible | Cambodia LLC company |
Corporate taxation | 20% |
Minimum paid-up statutory capital | 1,000,000,000 KHR |
Main requirements | Minimum 2 directors, Compliance & AML Officers, qualified personnel, bookkeeping/audit, audited financial statements with local auditor |
Timeframe | A complete license application is normally decided upon SECC approval within 5-8 months from the date of filing |
Government fees | * |
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
Licenses are granted by the National Bank of Georgia (“NBG”) under the provisions of the Law on Securities Market.
Below please find features of the particular license category in more details:
Feature/Category | Brokerage & Trading in Crypto License |
Type of company required to be eligible | Georgia LLC Company |
Corporate taxation | 15% |
Minimum paid-up statutory capital | 100,000 GEL- 150,000 GEL |
Main requirements | Minimum 2 directors, minimum 2 shareholders, Compliance & AML Officers, qualified personnel, bookkeeping/audit, audited financial statements with local auditor, physical office |
Timeframe | A complete license application is normally decided upon NBG approval within 3-4 months from the date of filing |
Government fees | 6,000 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
Licenses are granted by the Gibraltar Financial Services Commission (“GFSC”) under the provisions of the Gibraltar Financial Services (Markets in Financial Instruments) Act.
Below please find features of the particular license categories in more details:
Feature/Category | TYPE A- Gibraltar Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments | TYPE B- Gibraltar Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments | TYPE C- Gibraltar Investment Firm License covers one or more of the following services: • Reception and transmission of orders in relation to one or more financial instruments | Tied Agent- Gibraltar Investment Firm License |
Type of company required to be eligible | Ltd company | Ltd company | Ltd company | Physical person or Legal Person |
Corporate taxation | 10% | 10% | 10% | * |
Minimum paid-up statutory capital | 730,000 EUR | 125,000 EUR | 50,000 EUR | Not required |
Main requirements | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | Physical office, qualified personnel, Compliance Officer/AML Officer, Internal and External Audit, Accounting, Risk Management | The Tied Agent should be approved by a Gibraltar Investment Firm or from an EEA State |
Timeframe | A complete license application is normally decided upon GFSC approval within 4-5 months from the date of filing | A complete license application is normally decided upon GFSC approval within 4-5 months from the date of filing | A complete license application is normally decided upon GFSC approval within 4-5 months from the date of filing | A complete license application is normally decided upon GFSC approval within 1-2 months from the date of filing |
Government fees | 10,661 GBP- 17,961 GBP * | 10,661 GBP- 17,961 GBP * | 10,661 GBP- 17,961 GBP * | * |
GFSC GLOBAL can offer as well the following services in relation to the licence 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, Capital Adequacy calculation
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
Licenses are granted by the Isle of Man Financial Services Authority (“IOMFSA”) under the Financial Services Act 2008.
Below please find features of the particular license category in more details:
Feature/Category | Investment Firm License |
Type of company required to be eligible | Isle of Man LLC company |
Corporate taxation | 0% |
Minimum paid-up statutory capital | 25,000 GBP |
Main requirements | Minimum 2 directors, Compliance & AML Officers (locals), qualified personnel, bookkeeping/audit, audited financial statements with local auditor, physical office |
Timeframe | A complete license application is normally decided upon IOMFSA approval within 4-6 months from the date of filing |
Government fees | 2,127 GBP * |
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
Licenses are granted by the Malaysia Securities Commission (“MSC”) under the Capital Markets and Services Act 2007.
Below please find features of the particular license category in more details:
Feature/Category | Capital Market Services License |
Type of company required to be eligible | Malaysian LLC company |
Corporate taxation | 24% |
Minimum paid-up statutory capital | Depends on services to be provided. Range is from 50,000 RM to 100 million RM |
Main requirements | Minimum of 2 directors, Compliance & AML Officers, qualified personnel, capital adequacy calculation, bookkeeping/audit, audited financial statements with local auditor, physical office |
Timeframe | A complete license application is normally decided upon MSC approval within 3-4 months from the date of filing |
Government fees | 100 RM |
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, Capital Adequacy Calculation, 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
Licenses are granted by the Financial Services Board in South Africa (“FSB”) under the provisions of the Financial Advisory and Intermediary Services Act 37 of 2002.
Below please find features of the particular license category in more details:
Feature/Category | Category I FSP license (STP type) | Category II FSP license (MM type) |
Type of company required to be eligible | South Africa LLC Company | South Africa LLC Company |
Corporate taxation | 27% | 27% |
Minimum paid-up statutory capital | Not required | Not required |
Main requirements | • Minimum 2 directors (1 should be local) | • Minimum 2 directors (1 should be local) |
Timeframe | A complete license application is normally decided upon FSCA approval within 12 months from the date of filing | A complete license application is normally decided upon FSCA approval within 12 months from the date of filing |
Government fees | 13,971 ZAR | 13,971 ZAR |
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 service
The brokerage activities in Kazakhstan are not regulated thus, there is not any requirement to obtain any license for the particular type of activities.
Below please find features of this particular category in more details:
Feature/Category | Brokerage Company |
Type of company required to be eligible | KAZ company |
Corporate taxation | 0% |
Minimum paid-up statutory capital | There is no minimum amount but usually the authorized paid-up capital is up to 1,000 USD |
Main requirements | Minimum of 1 director and 1 shareholder |
Timeframe | The registration of a KAZ company is normally completed upon AFSA approval within 7-14 working days from the date of filing. |
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, Tax Calculation
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
Our professional fees for the above-mentioned services depend on the combination of services chosen and are available upon request.
An applicant for the license must be an Kenya company, and once the company is in place, we will apply to the Capital Markets Authority (CMA) for the IF license to provide regulated products and services.
Below please find features of this particular license category in more detail:
Feature/Category | Investment Firm License |
Type of company required to be eligible | Limited Liability Company by Shares |
Corporate Taxation | 30% |
Minimum paid-up statutory capital | 300,000 USD -500,000 USD depending on investment services to be provided. |
Directors | Local Directors (Minimum 3) – at least 1 should be physical person, 1 independent non-executive and 2 Executive Directors |
Shareholders | Minimum 3 shareholders and Beneficial Owners |
Main requirements | Local Physical office Compliance /MLRO Professional Indemnity Insurance Policy Local legal Counsel Local Dealer with at least 3 years of experience Local External Audit, Accounting, Annual Audited accounts & filing, qualified personnel |
Timeframe | A complete license application is normally decided upon CMA approval within 6 months from the date of filing |
Government fees | License application fees: USD 125 License fees: USD 1000 |
GFSC GLOBAL can offer as well the following services in relation to the licence 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 External Audit, Legal Services
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
Our professional fees for the above-mentioned services are dependent on the combination of services chosen and are available upon request.
Licenses are granted Regulated by Securities & Commodities Authority in Abu Dhabi under Federal Law of 2000.
CAT1 Dealing in Securities, including categories:
– Trading and clearing broker
– Global markets trading broker
– Unregulated derivatives and spot forex trading broker
– Trading broker
– Securities dealer
Below please find features of the particular license category in more details:
Feature/Category | Dealing in Securities License (CAT1) |
Type of company required to be eligible | Mainland Dubai, DIFC, ADGM |
Minimum paid-up statutory capital | AED 30 Million |
Corporate Taxation | 9% |
Main requirements | • min 2 local directors (fit and proper) • local Compliance • local office • External Audit • Risk Management |
Timeframe | As regards the timeframe for obtaining the license, a completed application is normally decided upon SCA approval within approximately 6 months from the date of the final filing. |
GFSC GLOBAL can offer as well the following services in relation to the licence 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, Capital Adequacy calculation
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
Our professional fees for the above-mentioned services depend on the combination of services chosen and are available upon request.
Licenses are granted Regulated by Securities & Commodities Authority in Abu Dhabi under Federal Law of 2000.
CAT2 Dealing in Investments, including categories:
– Investment Fund Management
– Family Office
– Portfolio Management
– Fund Administration
– Managing a profit-sharing investment account
Below please find features of the particular license category in more details:
Feature/Category | Dealing in Investments CAT2) |
Type of company required to be eligible | Mainland Dubai, DIFC, ADGM |
Minimum paid-up statutory capital | Starting AED 1 million to AED 35 million depending the category |
Main requirements | • min 2 local directors (fit and proper) • local Compliance • local office • External Audit • Risk Management • Investment Operations Manager |
Timeframe | As regards the timeframe for obtaining the license, a completed application is normally decided upon SCA approval within approximately 6 months from the date of the final filing. |
GFSC GLOBAL can offer as well the following services in relation to the licence 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, Capital Adequacy calculation
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
Our professional fees for the above-mentioned services depend on the combination of services chosen and are available upon request.
Licenses are granted Regulated by Securities & Commodities Authority in Abu Dhabi under Federal Law of 2000.
CAT5 Arranging & Advise, including categories:
– Financial Consulting
– Financial Adviser
– Listing Adviser
– Introducing
– Promotion
Below please find features of the particular license category in more details:
Feature/Category | Arranging and Advise (CAT 5) |
Type of company required to be eligible | Mainland Dubai, DIFC, ADGM |
Minimum paid-up statutory capital | AED 500,000 |
Corporate Taxation | 9% |
Main requirements | • min 2 local directors (fit and proper) • local Compliance • local office • External audit |
Timeframe | As regards the timeframe for obtaining the license, a completed application is normally decided upon SCA approval within approximately 6 months from the date of the final filing. |
GFSC GLOBAL can offer as well the following services in relation to the licence 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, Capital Adequacy calculation
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
Our professional fees for the above-mentioned services depend on the combination of services chosen and are available upon request.
Licenses are granted by the Dubai Financial Services Authority (“DFSA”) to carry out the Financial service of Dealing in Investments as Principal and arranging Deals in Investments.
Below please find features of the particular license category in more details:
Feature/Category | DFSA CATEGORY 2 License (CAT 2 MM) |
Type of company required to be eligible | DIFC company |
Minimum paid-up statutory capital | USD 2,000,000 |
Main requirements | Physical office, Board Directors, |
Timeframe | As regards the timeframe for obtaining the license, a completed application is normally decided upon DFSA approval within 7-8 months from the date of the final filing. |
GFSC GLOBAL can offer as well the following services in relation to the licence application, which include:
1) Opening of operational and clients bank accounts (worldwide)
2) Assistance with recruitment of personnel (e.g. Executive Director(s), Nominee Shareholders, other required qualified personnel)
3) Provide outsourced services, such as Accounting, Bookkeeping, External Audit, Quarterly & Annual reporting
4) Assistance with finding local premises, if required
5) Assistance with Trademark & Brand Name registration
6) Provide in-house trainings/seminars
7) Provide Legal Opinions
8) Provide DPO & GDPR Advisory services
Our professional fees for the above-mentioned services depend on the combination of services chosen and are available upon request.
Licenses are granted by the Dubai Financial Services Authority (“DFSA”) to carry out the Financial service of Dealing in Investments as Principal and arranging Deals in Investments.
Below please find features of the particular license category in more details:
Feature/Category | DIFC CATEGORY License (CAT 3A STP) |
Type of company required to be eligible | DIFC company |
Minimum paid-up statutory capital | USD500,000 |
Main requirements | Physical office, qualified personnel, 1 Senior Executive Officer – UAE resident, Compliance Officer and AML Officer – UAE residents, Internal and External Audit, Accounting, Risk Management |
Timeframe | As regards the timeframe for obtaining the license, a completed application is normally decided upon DFSA approval within 3-4* months from the date of the final filing. * The timeframe to be confirmed. |
GFSC GLOBAL can offer as well the following services in relation to the licence application, which include:
1) Opening of operational and clients bank accounts (worldwide)
2) Assistance with recruitment of personnel (e.g. Executive Director(s), Nominee Shareholders, other required qualified personnel)
3) Provide outsourced services, such as Accounting, Bookkeeping, External Audit, Quarterly & Annual reporting
4) Assistance with finding local premises, if required
5) Assistance with Trademark & Brand Name registration
6) Provide in-house trainings/seminars
7) Provide Legal Opinions
8) Provide DPO & GDPR Advisory services
Our professional fees for the above-mentioned services depend on the combination of services chosen and are available upon request.
Licenses are granted by the Dubai Financial Services Authority (“DFSA”) to carry out the Investment Fund Services.
CAT 4 Investment Advisor License, including categories:
– Advising on Financial Products
– Arranging Deals in Investments
– Arranging Credit and Advising on Credit
Below please find features of the particular license category in more details:
Feature/Category | DIFC INVESTMENT ADVISOR LICENSE (Category 4) | ||||||
Type of company required to be eligible | DIFC company | ||||||
Minimum paid-up statutory capital | USD 10,000 | ||||||
Main requirements | • Physical office • Board of Directors • 1 Senior Executive Officer (SEO) – local • Compliance Officer (CO) and MLRO Officer – local • Finance Officer (FO) – local • Internal and External Audit, Accounting – local • Risk Officer | ||||||
Government Fees |
|
GFSC GLOBAL can offer as well the following services in relation to the licence 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, Capital Adequacy calculation
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
Our professional fees for the above-mentioned services depend on the combination of services chosen and are available upon request.
The relevant Licence is issued under the provisions of Vanuatu’s financial legislation and are granted by the Minister of Finance upon application to the Vanuatu Financial Services Commission (VFSC).
Please find below the features of the particular licence category in more detail:
Feature/Category | Brokerage Licence (Categories A-B-C) |
Type of company required to be eligible | VIC |
Taxation | 0% |
Minimum paid-up statutory capital | USD 50,000 deposited for Categories (A-B-C) |
Financial statements disclosure to VFSC | Audited financial statements |
Main requirements | • AML/Compliance officer |
Government Fees Description/Licence Category | |
Licence Processing and Applications Fee (one off) | USD 3,000 per category – to be able to offer services as a market maker. The amount is payable to VFSC |
Annual Licence Fee | Same as above |
GFSC GLOBAL can offer additional services in relation to the licence application, which include:
1) Provision of nominee directors, if needed;
2) Provision of nominee shareholder, if needed;
3) Accounting/bookkeeping services;
4) Reconciliation and tax calculation services;
5) Audit services;
6) Opening additional operational bank accounts (worldwide).
An applicant for the license must be a Comoros IBC company, which we will form for you, and once the company is in place, we will apply to the Anjouan Offshore Finance Authority. This License is subject to any variations of the “Government Notice No 004 of 2005” or “The Government No.5 of 2005”.
Below please find features of the Brokerage and Forex category in more detail:
Feature/Category | Brokerage and Forex |
Type of company required to be eligible | IBC |
Corporate Taxation | 0 |
Minimum paid-up statutory capital | 0 |
Main requirements | 1 Director 1 Shareholder |
GFSC GLOBAL can offer additional services in relation to the license application, which include:
1) Opening additional bank accounts (worldwide)
2) Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), traders, etc.)
3) Provide OUTSOURCED services, such as Accounting, Bookkeeping, Internal Audit, External Audit, Capital Adequacy calculation
4) Compliance support services – Outsourced
5) Risk Management – Outsourced
6) Assistance with finding premises
7) Preparation of all required documents
8) Provision of GDPR services & ISO certifications services.
Our professional fees for the above-mentioned services are dependent on the combination of services chosen and are available upon request.
The company will be regulated by FSU (Financial Services Unit) of Dominica.
Below please find features of the FX Dealer category in more detail:
Feature/Category | FX Dealer Sub – License |
Type of company required to be eligible | Domestic Company |
Corporate Taxation | 0 |
Minimum paid-up statutory capital | 50,000USD |
Main requirements | 1 Director 1 Shareholder |
GFSC GLOBAL can offer additional services in relation to the license application, which include:
1) Opening additional bank accounts (worldwide)
2) Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), traders, etc.)
3) Provide OUTSOURCED services, such as Accounting, Bookkeeping, Internal Audit, External Audit, Capital Adequacy calculation
4) Compliance support services – Outsourced
5) Risk Management – Outsourced
6) Assistance with finding premises
7) Preparation of all required documents
8) Provision of GDPR services & ISO certifications services.
Our professional fees for the above-mentioned services are dependent on the combination of services chosen and are available upon request.
The brokerage activities in St Lucia are not regulated thus, there is not any requirement to obtain any license for the particular type of activities.
Below please find features of this particular category in more details:
Feature/Category | International Business Company (IBC) |
Type of company | Company limited by shares |
Corporate tax | 0% |
Minimum capital | 0 |
Main requirements | Minimum of 1 Director and 1 Shareholder |
Timeframe | 3-4 days after the approval of the name & 10 days for delivering the documents |
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) Provision of nominee directors and shareholders, if needed.
3) Legal opinions and registration of Trademarks worldwide.
4) Services of Virtual Office, Real estate worldwide.
5) Immigration/ citizenship Services,
6) Any other services mentioned on our website, www.gfscglobal.com
7) Our professional fees for the above-mentioned services depend on the combination of services chosen and are available upon request.
In order to carry out Forex activities in this jurisdiction, you must have Official Permission and License. FFMC License is regulated by the Reserve Bank, under Section 10 of the Foreign Exchange Management Act 1999.
Please find below the features of the particular license category in more details:
Feature/Category | Full Fledged Money Changers (FFMC) License. |
Type of company required to be eligible | Registered company in India as a legal entity, under the Companies Act 2013. |
Corporate taxation | Tax for local companies is around 32-42%. |
Minimum paid up capital | Approx. 41,000-42,000USD |
Main requirements | ▪ 2 Qualified Directors, 1 to be Local. ▪ Minimum 2 Shareholders, no Locals. ▪ Local qualified Compliance Officer and AML Officer. ▪ Physical Local Office required. ▪ Audited financial statements are obligatory and has to be done by Indian licensed Auditor. |
Timeframe | Approximate timeframe can take from 12 months to 1½ year. |
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), Nominee Shareholders, other required qualified personnel)
3) Provide outsourced services, such as Accounting, Bookkeeping, External Audit, Quarterly & Annual reporting
4) Assistance with finding local premises, if required
5) Assistance with Trademark & Brand Name registration
6) Provide in-house trainings/seminars
7) Provide Legal Opinions
8) Provide DPO & GDPR Advisory services
Our professional fees for the above-mentioned services depend on the combination of services chosen and are available upon request.
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