Bahamas Binary Options License | Finlaw

Bahamas Binary Options License

Located a mere 80 kilometers southeast of Florida, The Bahamas has historically been a hub for U.S. and European asset managers. The stable, democratic island-nation hosts a cadre of the world’s largest financial services firms. An estimated $800 billion is managed through The Bahamas and assets under management continue to grow as financial professionals find solace in the country’s flexible regulatory scheme.
The Bahamas continues to be an attractive offshore jurisdiction today as it shed its previously well-earned reputation as a tax haven. However, The Bahamas nevertheless offers zero income tax and zero tax on capital gains. Voluminous banking options combined with membership in the British Commonwealth makes The Bahamas an attractive locale for obtaining financial service licenses that give the holder near-global access.
The Bahamas is an ideal location for promoters of Binary Options businesses. The Bahamas offers registration under the Securities Industry Act which covers all related binary options brokerage activities, including acting as a direct broker as well as an introducing broker. The licensure is recognized world-wide and many top binary option exchanges and brokers are becoming licensed in The Bahamas. In addition, the process of obtaining a license is both cost effective and can be accomplished quickly.

Advantages of a Bahamas Binary Options License

Binary options allow traders to benefit from global market volatility and, accordingly, there has never been a better time to own a Bahamas Binary Options Brokerage. The global binary options market exceeds $100 billion. Once dominated by unregistered and unlicensed operators, increasing pressure from regulators and banks have moved the market to a commonly regulated framework. With its robust financial services framework, The Bahamas offers a cost-effective, risk free alternative for starting a licensed binary options brokerage.

Bahamas Binary Options License at a Glance

License Dealing in Securities License
Time to License 4 to 5 Months
Capital Requirement $120,000-$300,000
Tax Structure Zero Tax on Offshore Profits
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type. QR Code download arrow

The Bahamas Binary Options License Package

  • Incorporation of Bahamas offshore corporation
  • Arrange for local registered officer and local directors, if required
  • Draft corporate bylaws, minutes and owner share issuances
  • Establishment of corporate bank account suitable for forex operations
  • Establishment of merchant service account for accepting credit and debit cards
  • Draft requisite business plan, financial statements and financial projections
  • Draft requisite Anti-Money Laundering & Know-Your-Customer policies
  • Arrange for requisite surety bond
  • Prepare and process application for registration under the Securities Industry Act
  • Representation before licensing regulatory authority, banks and liquidity providers

Contact the Bahamas Binary Options License Experts

Trust our over fifty year’s combined experience in creating innovative solutions for our clients. Contact the binary options license experts at FinLaw to begin the process of obtaining your Bahamas Binary Options License today. Our knowledgeable and skilled professionals are pleased to answer any of your questions.

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