Brokers wondering how to get a Belize forex license will be happy to recognize that it’s an honestly straightforward process. In contrast to an area such as Cyprus, an IFSC directed brokerage is much quicker to obtain. Further advantages include tax optimization and a jurisdiction with an influential status for financial services administration.
Incorporation & receiving a license: 4 months
Minimum paid-up capital: 387,000 pounds
License charge: 23 000.00 pounds + VAT
License renewal administration fee: 23 000.00 pounds + VAT plus business renewal gov. fee of 850 pounds
BELIZE, an English-speaking nation in the heart of Central America, is a comparative newcomer in the field of global financial co-operation. Following gaining liberation from Britain in 1981, Belize has been attempting to expand its economy away from the farm sector. Belize, therefore, saw the international financial services sector as a window of possibility where it could seek to gain a competing advantage.
Belize has even executed licensing act that is especially focused on forex trading businesses. The stock of such services is governed by the International Financial Services Commission of Belize (IFSC).
To meet the expectations of modern investors around the globe, Belize now offers a full bundle of property vehicles. Due to such development of services, Belize is now a beautiful place for starting a company.
Supplementary Government Charges upon Receipt of the License:
Yearly government payment that should be paid directly to the IFSC 19500.00 pound.
1 Earlier the fee was 4,000.00 pound, starting from 1st of April 2016 the price obligatory to the IFSC is 19500.00 pound.