Cyprus Binary Options License

The Republic of Cyprus is a stable democracy and member of the European Union and British Commonwealth. Since the its entry into the European Union, Cyprus has dedicated considerable resources towards building a robust financial services sector. As a result, the relatively small nation is widely recognized by the offshore financial services community as a favorable jurisdiction.
Today, Cyprus is home to over 500 licensed financial institutions and thousands of offshore companies. The nation offers a competitive tax rate of 12.5% – one of the lowest rates found in the European Union. Moreover, as a European Union Member, all Cyprus financial services licenses give the holder access to each member state as well as members of the Commonwealth.
The Republic of Cyprus is an ideal location for promoters of Binary Options businesses. Cyprus offers a Financial Dealers License 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 Cyprus. In addition, the process of obtaining a license is both cost effective and can be accomplished quickly.

Advantages of a Cyprus Binary Options License

Binary options allow traders to benefit from global market volatility and, accordingly, there has never been a better time to own Cyprus 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 Dealers License, Cyprus offers a cost-effective, risk free alternative for starting a licensed binary options brokerage.

Cyprus Binary Options License at a Glance

License CySEC Registration
Time to License 4 to 5 Months
Capital Requirement €125,000
Tax Structure 12.5% Percent 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.
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.

Cyprus Binary Options License Package

  • Incorporation of Cyprus 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 binary option 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 Cyprus CySEC Registration
  • Representation before licensing regulatory authority, banks and liquidity providers

Contact the Cyprus Binary Options License Experts

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

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