{"id":12059,"date":"2016-11-16T16:04:14","date_gmt":"2016-11-16T16:04:14","guid":{"rendered":"https:\/\/www.pfser.com\/litsenziya-foreks-v-belize\/?lang=en"},"modified":"2022-08-09T20:22:42","modified_gmt":"2022-08-09T18:22:42","slug":"forex-license-in-belize","status":"publish","type":"page","link":"https:\/\/www.pfser.com\/en\/forex-license-in-belize\/","title":{"rendered":"Forex License in Belize"},"content":{"rendered":"

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[vc_column_text]Jurisdiction format selection for the registration procedure to get the license for the right to hold Forex transactions is a search of a state with the stable and well-formed political and economic system supported with the excellent entrepreneurship by the government. Belize is such a country and is one of the most open and attractive economic zones for a variety of international transactions. Entrepreneurs who intend to get a Forex license consider Belize as one of the most appropriate and applicable solutions.<\/p>\n

This country is also perfect as a platform for entrepreneurship held by investment companies. Applicable and affordable tax legislation based on the British legal frame is reasonably considered one of the most loyal worldwide. There is the special regulator, the International Financial Commission in Belize that is responsible to issue licenses with concurrent regulation of the services market in this spectrum. On whole, it creates the favorable environment to attract foreign businessmen who seek to hold the legitimate but cost-effective financial activity.[\/vc_column_text]<\/p>\n<\/div>[vc_column_text el_class=”border-gold border-b-1 border-solid max-w-1100 pt-90″][\/vc_column_text][vc_column_text css=”.vc_custom_1634395997692{margin-top: 90px !important;padding-bottom: 50px !important;}”]<\/p>\n

Specificity of the registering<\/h2>\n

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In compliance with the legal framework, the State Commission of Belize on financial services (BFSC) is allowed to function. Thanks to its own financial regulator, the business reputation of a Forex company licensed in the same country can be significantly strengthen. When filing an application for a Forex license with the BFSC, payment of the fee at $ 1,000 is binding. As a rule, the license shall be issued within 1 to 3 months.<\/p>\n

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The BFSC jurisdiction applies to activities of those companies that do their business in the following areas: brokerage operations;
\nOperations with securities; asset management of enterprise and protection thereof; loan granting; insurance; services based on power of attorney and so on.<\/p>\n

BFSC \u2013 financial monitoring and control body acknowledged worldwide. A company that is licensed to trade in foreign exchange (Forex) is obliged to comply with all of the following requirements in its activities: have the share capital of not less than $500,000 US dollars; pay fees in the amount of about $ 25,000 once a year; have their own virtual office; avoid operations with legal entities and individuals acting as residents of Belize; have a staff Director who is a resident of the state; harmonize the regulatory and supervisory structures of all changes in the company and its activities; avoid transactions using the national currency of Belize; submit reports about their activity to supervisory bodies.<\/p>\n

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BFSC license to run the Forex activities is a comprehensive document giving the right to perform a wide range of operations in the brokerage industry while maintaining assets of third parties. It may be obtained for the company only that is registered directly under this jurisdiction. At the same time, it is strictly controlled and required to submit the required reporting on its functioning to the Securities Commission.<\/p>\n

To make the best use of benefits in Belize the following rules should be strictly observed: companies have no right to hold commercial transactions with individuals and legal entities acting as residents of the country; ownership of property within the state is absent; operations in trust, brokerage, banking and insurance markets require prior license granting the rights of the controller in Belize; it is forbidden to transfer their own legal address to use in other companies with foreign participation.<\/p>\n

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Benefits of license<\/h2>\n

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