Belize Forex License
Belize is an attractive jurisdiction for your Forex (FX) company; it has over the years been a stable jurisdiction, well organized in terms of legal and financial matters, and without significant delays in matters of bureaucracy.
Setting up a forex (FX) company in Belize is regulated by the Belize International Financial Services Commission (IFSC) which is responsible for licensing and regulating Belize Forex Brokers. Belize, being a tax haven and a pioneer location for offshore services, offers tax free operations and high levels of privacy to the owners of a Forex Company registered and licensed in Belize.
The Facts for Belize Forex Companies
You need a local Belize company with its' Memorandum of Association being specifically drafted to operate as a Forex Broker.
You need to prepare and submit an application to the IFSC, accompanied by numerous documents, certificates and manuals (operations manual etc.).
The Company/Applicant has to deposit a minimum amount of US$ 500,000 to a local bank in Belize, and remain therein as paid up share capital.
A resident Director is mandatory.
No interview is required and you do not need to travel to Belize.
Obtaining the Forex license in Belize is a relatively quick process, and not too complicated, however a legal representative is a requirement. Our team of regulatory lawyers and consultants, offering a "one-stop-shop" package of services, can assist you on the whole set up, on drafting of all necessary documents and manuals which will accompany the application, on the licensing process and for on-going compliance requirements. We can further assist you on the Bank account opening in Belize, as well as on the appointment of a local Director.
For more details as to how can we help you, please contact us now.