Belize Forex License
Belize is an independent parliamentary constitutional monarchy within the British Commonwealth. The nation has long been known for its financial stability, pegging its local currency directly to the volatility of the United States dollar. In recent years, the government of Belize has made largely successful efforts to transition the focus of the nation’s economy from staple commodities to financial services. This has included the introduction of the Belize Forex license.
Belize has long been recognized as a tax haven, offering zero taxes on offshore profits. The country’s banking infrastructure is also popular among sophisticated professionals who find the relative privacy of Belize to be largely unrivaled. Moreover, the nation’s international business corporation regime and court structure makes it one of the most attractive locations for asset protection. As a result, many Forex brokers have sought to obtain a Belize Forex license.
Belize is one of the most prominent jurisdictions for obtaining a forex license. A Belize forex license gives the holder the ability to act as both an introducing forex broker and direct broker. Moreover, the license is well regarding among forex traders due to Belize’s strong regulatory reputation. Banking opportunities for Belize-license forex brokers is ample both within Belize and throughout the globe. The Belize forex license is also coveted for the streamlined application process and reasonable cost to obtain and maintain the license.
Advantages of a Belize Forex License
Aggregate daily trading volume in the Forex markets exceeds $4 trillion. The streamlined and cost-effective process in obtaining a Belize Forex license can place you in this lucrative market in as little as three months. With increased volatility in the global currency markets, spreads have increased – and with that so have Forex brokers’ profitable to the tune of over $1 billion annually. As such, smaller Forex brokers are capturing tremendous returns owning just a small piece of this lucrative market.
Belize Forex License at a Glance
|License||Trading in Foreign Exchange|
|Time to License||3 to 4 Months|
|Capital Requirement||Approx. $50,000|
|Tax Structure||Zero (0%) Percent Tax on Offshore Profits|
Belize Forex License Package
- Incorporation of Belize 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 the Belize Forex license
- Representation before licensing regulatory authority, banks and liquidity providers
Contact the Belize Forex 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 Belize Forex License today.
Our knowledgeable and skilled professionals are pleased to answer any of your questions.
Call contact us here.for your free consultation or