2023-10-08 11:28
Regulators： SCB
Regulatory region： Bahamas
License Type： MM
Application price (USD)： *****
Application frequency： 4months
Maintenance costs (USD)： *****
Platform
Exhibition
Agent
Recruitment
EA
Industry
Market
Index
Hong Kong | 2023-10-08 11:28Regulators：
SCB
Regulatory region：
Bahamas
License Type：
MM
Application price (USD)：
*****
Application frequency：
4months
Maintenance costs (USD)：
*****
Company summary：
Timeframe: within 3-4 months Minimum capital requirement: Investment Dealer and Agent – USD 300,000 Investment Agent – USD 120,000 Overview No company may carry on or has purpose to carry on securities business in or from the Bahamas unless that company is duly registered with the Securities Commission of the Bahamas (hereinafter Commission). The above mentioned Commission is the national body responsible for the licensing of all types of financial dealers in Bahamas. An applicant for a Forex License is required to submit the appropriate application to the Commission.
Product details：
Benefits of Bahamas Forex company: No Corporate Income Tax No Personal Income Tax Dividend income from foreign investments is not taxable Royalty income is not taxable in the Bahamas There are no tax returns required No Information Sharing Low Annual Fee Requirements A physical office in the Bahamas is required An appointment of a local CEO and compliance officer also required A physical presence as well as local directors are prerequisite for obtaining this license.