Forex license in Comoros

SBSB Fintech Lawyers provide professional assistance in obtaining a Comoros forex licenselicence, offering comprehensive legal services.

Advantages of Comoros License Forex

Comoros is becoming increasingly popular among potential licensees for several reasons:

• obtaining a license here is significantly cheaper than in other jurisdictions, which is appreciated by startups and small brokers;
• the license covers trading in currencies, futures, stocks, precious metals, cryptocurrencies, asset management services and allows licensees to provide other services worldwide;
• simplified regulatory framework with lenient Comoros forex trading license requirements;
• favorable tax regime and no currency control.

SBSB experts help facilitate the registration process in this jurisdiction and, if necessary, assist with the Comoros forex license for sale.

Requirements for Comoros Forex Trading License

Potential licensees must meet the following requirements:

• registration of a legal entity in the Comoros Islands;
• preparation of AML/CFT/KYC policies and procedures and confirmation of readiness to implement them;
• experience in the forex market;
• the director and owners of the company must undergo a comprehensive check. The director and the shareholder may be the same person — natural or legal. There are no restrictions on the nationality of the director and shareholder.

In accordance with the Forex Licence Requirements Comoros, potential licensees must prepare the following documents:

• business plan with a detailed development strategy;
• founding documents (charter, registration data);
• information about the management, including passport details and certificates of no criminal record;
• confirmation of the payment of the state fees;
• list of services the company plans to provide.

You can learn more detailed information about the licensing procedure from SBSB specialists.

Stages of Obtaining Comoros Fx License

The process of obtaining a license consists of the following steps:

• preparing a document package;
• submitting an application with the prepared documentation to the regulator;
• if necessary, the regulator requests additional information;
• decision-making after reviewing the application.

We recommend contacting SBSB experts specializing in brokerage license issuance in various jurisdictions. Our lawyers provide professional support at all stages of licensing.

Comoros Forex License Cost and Processing Time 

The price depends on the size of the company, mandatory state fees, and the number of additional legal services during the registration process. You can find out the exact cost of the license during a consultation with SBSB experts. The review period for submitted documents can take several weeks.

Get Comoros Forex Broker License with SBSB

If you need to obtain a forex license in any jurisdiction, buy a ready-made solution, or put up the forex broker license for sale in Comoros, contact the experts at SBSB Fintech Lawyers. Since 2013, our lawyers have been providing comprehensive legal support for projects in obtaining brokerage licenses, from document preparation and company registration to successful licensing.