BVI Securities License | Finlaw

BVI Securities License

The British Virgin Islands is home to over 600,000 offshore entities, making it the largest offshore destination in the world. Among these entities are some of the world’s largest and most renowned hedge funds. Since 1984, this stable, British Territory has been a fixture on the global stage as one of the preeminent offshore financial services jurisdictions.

Relying on the United States dollar as its prevailing currency, the British Virgin Islands continues to be attractive not only to asset managers, but also to investors seeking favorable tax treatment and privacy. Corporate income tax has been abolished in the BVI and replaced with a withholding tax applicable only to entities earning domestic income. Moreover, the nation’s Financial Services Commission has remained committed to streamlining corporate and financial services compliance, all at a relatively low cost.

The British Virgin Islands is an ideal location for promoters of Securities businesses. The BVI offers an Securities Principal 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 BVI. In addition, the process of obtaining a license is both cost effective and can be accomplished quickly.

Advantages of a British Virgin Islands 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 British Virgin Islands offer financial service providers with a unique opportunity to participate in the burgeoning offshore securities industry.

BVI Securities License at a Glance

License Securities Principal License
Time to License 2 to 3 Months
Capital Requirement $100,000
Tax Structure No income or capital gains tax
Economic Substance No
Local Director Yes
AML/KYC Yes
Audit Yes

Resources

Description QR code Download
British Virgin Islands Securities Principal License – Information Sheet and Fee Schedule.
BVI Securities Principal License – Application.
BVI Application for approval of Officers, Directors and Compliance Officer.

The British Virgin Islands Securities License Package

  • Establish BVI 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 BVI Financial Services 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 BVI 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 British Virgin Islands Securities License today. Our knowledgeable and skilled professionals are pleased to answer any of your questions.

Belize Securities License

LEARN MORE

Other Expertise