Forex Broker Licence in Vanuatu

Vanuatu Forex License

Forex licensing requires the applicant to comply with certain requirements and conditions and submit a set of documents. Business owners choose Vanuatu for obtaining such a license as the Financial Services Commission (VFSC) has established the most favorable conditions for licensing companies in this jurisdiction. The regulatory authority may grant a license of one of three classes, each of which provides business owners with certain privileges and advantages.

A Vanuatu Forex license can fall into one of the following categories:

  • A — access to certificates of deposit, bonds, loans, and debt stocks
  • B — authorization to deal with options and futures, including futures contracts
  • C — opportunity to work with precious metals, commodities, shares, as well as contracts providing the possibility to purchase securities.

To discuss a project

Company registration in Vanuatu

It is necessary to register a local and an international companies in Vanuatu, for which a license will subsequently be issued. You should select the name of the company, indicate the participants and provide their documents in order to register a company.

Account opening

The company needs to open a bank account in order to deposit the share capital. Opening an account is a complex process that should be entrusted to professionals. In order to open an account, you should to collect a package of documents and competently conduct further negotiations.

Contribution of authorized capital

The exact amount of authorized capital depends on the type of the license. The beneficiary must provide documents on the source of origin of funds contributed as authorized capital upon bank's request.

Hiring required employees

The company must have key positions employees, some of them must be local. We will help with the search and selection of employees. Also, we can help with a residence permit obtaining obtaining for non-resident director.

Office rent

One of the mandatory requirements is office rent. We will select a budget option that meets the requirements.

Preparation of documents for applying for a license

It is necessary to prepare a business plan, and policies. In addition, application forms must be filled out. The client will only need to provide a basic information, on the basis of which we will prepare documents, taking into account local legislation.

Filing an application

It is necessary to submit an application to the regulator after preparing the company and documents. After submitting an application, you must be ready to answer additional questions from the regulator. We will take care of timely and competent answers.

Obtaining a license

The company receives a license after successfully passing the previous stages. At the same time, it must begin work within six months from the date of receipt of the license. Otherwise, the license may be cancelled.

No items found.

What are the advantages of having a Vanuatu Forex license?

If a company is licensed, it can:

  • Work with customers worldwide.
  • Offer banking, brokerage, and commodity trading services.
  • Advertise its products and services without any limitations.

Vanuatu Forex license also provides a wide range of opportunities to conduct various operations in the financial market. Among the available instruments are options, bonds, shares, and so on.

A company must make a VFSC deposit of VATU5,000.000 (about USD50,000). The money is not frozen in the account and can be used later for business development.

What you need to get a Vanuatu Forex License

If you want to license your company, you must fulfill certain requirements of the local regulator — the VFSC. First of all, you need to pass a check for compliance with specific criteria. In particular, the reputation, financial stability, and experience in the financial sector, which must be a minimum of five years, are checked.

In addition, you must:

  • Provide a detailed business plan for the company.
  • Register an office in Vanuatu.
  • Contribute the full amount of the authorized capital at the time of licensing.

For a Vanuatu forex license to remain valid, it is necessary to file financial reports annually.

The licensing process has many other nuances and peculiarities, so we recommend contacting our specialists. They will advise you on licensing Forex companies in Vanuatu and also deal with obtaining this permission directly.

directions of services
No items found.
Free initial consultation on legal issues, related to the daily activities of the business
To discuss a project
Countries are

Frequently Asked Questions:

Let's discuss ‍your project
Your message
Thank you for your message!

We will contact you soon and give a detailed answer

Oops! Something went wrong while submitting the form

This website uses cookis to improve user experience.