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Forex Licence in Seychelles

posted 1 year ago

Many brokers choose a Seychelles FX license to start their licensed activities in the Forex market. SBSB Fintech Lawyers provide comprehensive legal support and assistance at all stages of the licensing process in this jurisdiction.

Benefits of Obtaining Seychelles Forex Broker License

The Seychelles Islands in the Indian Ocean have gained popularity among brokerage projects due to favorable conditions:

  • transparent regulation. According to the Securities Act, trader activities are considered legal after obtaining a license;
  • shorter licensing process. Compared to other jurisdictions, obtaining a license here takes less time — on average 3–5 months;
  • low tax rates. For registered brokers here, the corporate tax rate is 1.5%;
  • operational advantages. After obtaining a Seychelles forex license, licensees can provide clients with IBAN and SWIFT for transfers.

The local regulator, the Seychelles Financial Services Authority (FSA), issues different types of licenses. They differ in the nature of the activity, the list of services, and the volume of operations. Leave a request for consultation, and SBSB experts will help you choose the optimal type of license for your project.

Seychelles Forex Trading License Requirements

The regulator imposes the following conditions on applicants:

  • it is necessary to register a company on the territory of Seychelles, choosing the appropriate form of legal entity;
  • develop internal AML/CFT procedures and hire a specialist to ensure compliance with AML/CFT requirements;
  • confirm payment of the government fee and the availability of the required capital;
  • arrange company insurance.

According to the Forex license requirements Seychelles, you need to prepare the following documents:

  • copies of corporate documentation (memorandum, articles of association);
  • a business plan with a development strategy;
  • data on founders, directors, and shareholders.

You can learn more detailed requirements from SBSB lawyers.

Stages of Obtaining Seychelles License Forex

To legally start operations, you need to:

  • register a company;
  • open a corporate account in a local bank;
  • prepare the required documents and fill out forms;
  • contribute the minimum share capital ($50,000);
  • submit an application to the regulator.

The SBSB team is ready to advise on your questions and assist at all stages of licensing.

Seychelles Forex License Cost

To calculate the exact price of obtaining a license, it is necessary to take into account various factors — the chosen type of license, license fees, government fees, expenses for a local office, and additional services in the support process. SBSB experts also support deals with the Seychelles forex license for sale. Contact us, and you will receive detailed information on the cost of your project.

How to Get Seychelles Forex Trading License as Turnkey Solution

Since 2013, the SBSB Fintech Lawyers team has provided comprehensive legal support for fintech, crypto, and brokerage projects. Our experienced specialists help choose the most suitable type of license, collect and fill out the necessary documents, register a company in the chosen jurisdiction, and open a bank account. Contact us if you are looking for the optimal country for registration or if you are interested in the Forex broker license for sale in Seychelles. Our lawyers offer individual solutions to each client.

 

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Forex Licence in Seychelles

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