What are the benefits of getting a forex license in Mauritius?Obtaining a forex license in Mauritius offers several benefits. Some of the key advantages include:
Duties of the licensee
Ensure KYC procedures are followed
Multi-currency Accounts (Multi-currency Accounts)
Key risks
Duration: 1-3 months. The first stage includes market research, defining the business model and preparing a comprehensive business plan. At this stage, it is also important to consult with legal and financial advisors to properly understand regulatory requirements and procedures. Preparation of the necessary documentation, including proof of compliance with the authorised capital requirements, is also undertaken at this stage.
Registration and administrative fees
If the value of the property doesn’t exceed 200,000 GBP (approx. 235,000 EUR) – 0%
Does a company in Lithuania have to have a local director?
Under 25-year-old applicants are natural persons