Bahamas Securities License | Finlaw

Bahamas Securities 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 no capital gains tax. 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 Securities businesses. The Bahamas offers a Dealing in Securities License which covers all related Securities activity, including acting as a broker of equity and debt securities – including United States listed equities. The licensure is recognized world-wide and many top international Securities broker-dealers are 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 Securities License

In recent years, increasingly complex regulation and an erosion of financial privacy rights in major financial centers such as the United States and United Kingdom have started to drive securities trading offshore. In fact, each day billions are traded in non-traditional, offshore securities exchanges which tend to offer favorable price discovery, comparable volume and lower trading fees. Established offshore financial markets such as The Bahamas offer financial service providers with a unique opportunity to participate in the burgeoning offshore securities industry.

Bahamas Securities License at a Glance

License Dealing in Securities License
Time to License 3 to 4 Months
Capital Requirement $120,000
Tax Structure No income or capital gains tax
Economic Substance Yes
Local Director Yes
AML/KYC Yes
Audit Yes

Resources

Description QR code Download
Bahamas Securities License – Application
Bahamas Securities License – CFD Addendum
Bahamas Securities License – Annual Report

The Bahamas Securities License Package

  • Establish Bahamas private company limited by shares

  • Preparation and drafting of shareholder and officer agreements.

  • Preparation and drafting of narrative business plan.

  • Preparation and drafting of current financial statements.

  • Preparation and drafting of 3 years financial projections.

  • Preparation and drafting of personal financial statements for owners.

  • Preparation and submission of application with the Securities Commission.

  • Preparation and drafting of responses to regulatory authority

  • Identification and engagement of auditor and prime broker.

  • Facilitate opening of bank accounts and payment processors.

  • Preparation and drafting of AML/KYC policies and procedures.

  • Preparation and drafting of client agreements and disclosures.

Contact the Bahamas Securities License Experts

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

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