Forex License in Anjouan
The Anjouan International Brokerage and Asset Management License, also called the Anjouan Forex License, is an enabling framework, suitable for many business models.
- Cheap and fast licensing
- Tax-free jurisdiction
- Low AML-KYC requirements
- Wide range of allowed activities
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Forex regulation/legislation in Anjouan
The Anjouan International Brokerage and Asset Management License is issued by the Anjouan Offshore Financial Authority (OFA). The authority of this official regulatory body is inscribed in law by the Offshore Finance Authority Act of 2005. The same authority oversees other financial licenses in Anjouan: crypto license, gambling license, insurance license and banking license.
Anjouan is an island in the Comoros, an archipelago located East of Africa. Anjouan is considered an offshore jurisdiction and a tax haven, but also a growing HQ for providers of financial services worldwide, thanks to business-friendly laws and licensing frameworks.
What you need to know about the Anjouan Forex license
The official designation of the Anjouan Forex license is the International Brokerage and Asset Management License. Though we talk about a Forex license for the sake of simplicity, such licenses provide companies with the legal ability to offer a very large range of investment and brokerage services.
As for other financial activities, Forex, brokerage and asset management (under the same license) is supervised by the Anjouan Offshore Finance Authority. The Anjouan broker license is granted for international business purpose and it is actually prohibited by law to offer financial services to the public in Anjouan.
The Anjouan FX license is a typical offshore Forex license, combining a lighter regulatory framework with beneficial business conditions (no taxes, no strict enforcement of compliance requirements) until the annual licensing fees are properly paid.
Anjouan Forex license: Process & Timeline
Anjouan may be the simplest jurisdiction for getting an offshore Forex license. The process is very straightforward, going from registering a company to applying for the license, while drafting and collecting the required documents.
The whole process is also fairly fast for such a license. One shall expect around a week for forming the company and about a month for the complete licensing process. This gives overall duration going from 1 to 2 months, which is the fastest for Forex licenses worldwide. Note that the fast unrolling of the process is dependent on the provision of the necessary document.
Types of Forex licenses in Anjouan
There is a single type of Forex license in Anjouan, under the official designation of International Brokerage and Asset Management License. This license covers a very vast amount of business activities.
Below is a non-exhaustive list of possible activities with the Anjouan brokerage license:
- Forex Trading Platform Operation
- Securities Trading
- Asset Management Services
- Forex Trading
- Commodities Trading
- Mutual Fund Management
- Investment Fund Establishment
- Wealth Management Services
It stands noting that despite being a Forex license, this license allows for investment and asset management services as well. The common designation of Forex license may be misleading, so stay assure that if your goal is to provide portfolio management services to your clients (for example), this is the right framework for you.
Positive results, positive feedback
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Best company for Crypto Licenses! Kudos to the team for making the incorporation of our company really smooth
The team of LegalBison was very helpful and fast in supporting my company’s structural set up. They are undoubtedly top-level experts when it comes to licensing and registrations in the crypto and web3 industry. Highly recommend!
I highly recommend Legal Bison to any entrepreneur or business seeking top-notch services for their company formation. Their commitment to excellence and customer satisfaction is truly commendable.
As a result of the fruitful cooperation with LegalBison, Yellow Card obtained a VASP registration, fast and without any legal complications.
LegalBison excels at adapting to challenges and demonstrates a perfect understanding of our business needs.
LegalBison helped us navigate a space that’s often uncertain and complex, which gave us the confidence to move forward with our project.
Packages Forex License in Anjouan
LegalBison simplifies the process of getting a Forex brokerage license in Anjouan with packages that include everything necessary to get started.
Our team of experienced professionals to assist you with any question and project pertaining to FinTech projects.
+44 20 4577 0974
Experienced crypto and FinTech MLRO with company structuring and PI onboarding.
+44 20 4577 0974
Get your Anjouan Forex company running with only the necessary elements.
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Company registration in Anjouan (IBC)
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Legal corporate address
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Set of corporate documents
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Assistance with the Anjouan International Brokerage and Asset Management License application
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Drafted AML-KYC policies and procedures
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Legal documents package for your website
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Assistance in searching and appointing an AML officer/MLRO
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EU-based AML courses for up to three participants
The package we advise for most of our clients, with a high satisfaction rate.
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Company registration in Anjouan (IBC)
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Legal corporate address
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Set of corporate documents
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Assistance with the Anjouan International Brokerage and Asset Management License application
-
Drafted AML-KYC policies and procedures
-
Legal documents package for your website
-
Assistance in searching and appointing an AML officer/MLRO
-
EU-based AML courses for up to three participants
A package including LegalBison’s assistance with compliance duties.
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Company registration in Anjouan (IBC)
-
Legal corporate address
-
Set of corporate documents
-
Assistance with the Anjouan International Brokerage and Asset Management License application
-
Drafted AML-KYC policies and procedures
-
Legal documents package for your website
-
Assistance in searching and appointing an AML officer/MLRO
-
EU-based AML courses for up to three participants
What is possible with the Anjouan International Brokerage and Asset Management License
Forex brokerage platform with a Forex license in Anjouan
As indicated from its classification as a Forex license for the sake of simplicity, the Anjouan broker license permits the operation of a Forex brokerage platform and associated services. This include the provision of currency for currency trading, margin trading and leverage.
The framework encompasses the most popular assets that one may expect to find on a Forex trading platform: CFDs, commodities, stocks, etc. The Anjouan FX license greenlights virtually every type of financial asset, permitting their trading by the company’s clients.
Asset management with a Forex license in Anjouan
As indicated in the official denomination of the framework (Anjouan International Brokerage and Asset Management License), a licensed company can provide asset management services to their clients. A licensed Anjouan asset management company can then constitute and manage investment portfolios on behalf of their customers.
The Anjouan Forex license may be one of the simplest and cheapest offshore investment license on the market. This fact is leveraged by entrepreneurs setting up funds, sometimes using new financial technologies, including cryptocurrency.
Securities and Derivatives issuance with a Forex license in Anjouan
A company holding a Forex license in Anjouan is entitled with the right to issue financial instruments such as securities and derivatives. The Anjouan licensed company can then proceed to offer these products over the counter for trading for their clients.
It is also authorized to issue crypto derivatives with an Anjouan Forex license, an investment product that is in high and rising demand.
Granting loans with an Anjouan Forex licensed company
The activities of lending and borrowing are authorized in the scope of the Anjouan license.
Intrinsically, this authorizes providing leverage trading to clients of the Forex platform. This allows end clients to borrow money from the company to increase their position on a trade (even though there may not be an actual loan with any movement of fund but merely a trade setting).
Software development of the Forex platform ensures that the borrowed money doesn’t end up in debt for the Forex company, by making margin calls. Such features are included in famous Forex trading platform softwares such as MetaTrader.
Safekeeping securities and financial assets with an Anjouan brokerage company
Extending on the asset management (as well as trading platform) nature of the Anjouan license, a company holding such an authorization has the right to custody and safekeeping of the assets of their clients.
Private banking services with an Anjouan licensed company
Typical private banking offers account and asset management for high net worth individuals.
Such an activity is possible in Anjouan, though some complementary services (such as day to day banking or insurance) do require additional licensing, also in Anjouan.
- Forex Trading Platform
- Asset Management
- Securities & Derivatives
- Lending
- Asset Custody
- Private Banking
Forex brokerage platform with a Forex license in Anjouan
As indicated from its classification as a Forex license for the sake of simplicity, the Anjouan broker license permits the operation of a Forex brokerage platform and associated services. This include the provision of currency for currency trading, margin trading and leverage.
The framework encompasses the most popular assets that one may expect to find on a Forex trading platform: CFDs, commodities, stocks, etc. The Anjouan FX license greenlights virtually every type of financial asset, permitting their trading by the company’s clients.
Asset management with a Forex license in Anjouan
As indicated in the official denomination of the framework (Anjouan International Brokerage and Asset Management License), a licensed company can provide asset management services to their clients. A licensed Anjouan asset management company can then constitute and manage investment portfolios on behalf of their customers.
The Anjouan Forex license may be one of the simplest and cheapest offshore investment license on the market. This fact is leveraged by entrepreneurs setting up funds, sometimes using new financial technologies, including cryptocurrency.
Securities and Derivatives issuance with a Forex license in Anjouan
A company holding a Forex license in Anjouan is entitled with the right to issue financial instruments such as securities and derivatives. The Anjouan licensed company can then proceed to offer these products over the counter for trading for their clients.
It is also authorized to issue crypto derivatives with an Anjouan Forex license, an investment product that is in high and rising demand.
Granting loans with an Anjouan Forex licensed company
The activities of lending and borrowing are authorized in the scope of the Anjouan license.
Intrinsically, this authorizes providing leverage trading to clients of the Forex platform. This allows end clients to borrow money from the company to increase their position on a trade (even though there may not be an actual loan with any movement of fund but merely a trade setting).
Software development of the Forex platform ensures that the borrowed money doesn’t end up in debt for the Forex company, by making margin calls. Such features are included in famous Forex trading platform softwares such as MetaTrader.
Safekeeping securities and financial assets with an Anjouan brokerage company
Extending on the asset management (as well as trading platform) nature of the Anjouan license, a company holding such an authorization has the right to custody and safekeeping of the assets of their clients.
Private banking services with an Anjouan licensed company
Typical private banking offers account and asset management for high net worth individuals.
Such an activity is possible in Anjouan, though some complementary services (such as day to day banking or insurance) do require additional licensing, also in Anjouan.
Take the first step — for free
Do you intend to get a Forex license in Anjouan and don’t know where to start?
Contact our legal team and schedule a free call for the initial review of your project. Our experts will draft a complete licensing solution for you.
Send a request now for faster response.
International Brokerage and Asset Management License in Anjouan
The basic requirements for obtaining an Anjouan Brokerage and Asset Management License are as follows:
- Registration of an International Business Company (IBC) in Anjouan
- Domestic legal address
- AML-CFT documents compliant with the Anjouan Money Laundering (Prevention) Act of 2005
- Business plan
- Description of the operations’ systems and platforms
- Legal corporate documents
- Application & annual licensing fee
- Types of licenses
- Licensing process
- Company registration
- Taxation
- Obligations
Different types of Forex licenses in Anjouan
The Anjouan Offshore Financial Authority grants a single type of Forex license: the International Brokerage and Asset Management License. This license allows for a very wide range of activities.
Despite its large coverage of financial services, businesses applying for this license are expected to describe their activities in a business plan, when preparing for application.
This makes the overall process significantly simpler, as the scope of the framework is very wide, and the regulator can immediately say if the planned activities enter this scope or require modification.
Process to get a Forex license in Anjouan
The licensing process for the Anjouan International Brokerage and Asset Management License is classical: a company must be registered, proper documentation must be prepared and an application file with a licensing fee must be carried out to the regulatory authorities. Chances of success and swiftness of the process are significantly higher with the assistance of an experience legal team who is in regular contact with the regulatory authorities.
The complete process takes 1 to 2 months, depending on the level of services required and the quickness in providing all the necessary document to your designated project manager at LegalBison.
Company formation in Anjouan for a Forex license
The registration of an International Business Company (IBC) in Anjouan is a requirement to apply for the Anjouan Forex license.
LegalBison includes the incorporation of a company in Anjouan in all of its service packages and provides you with a complete set of corporate documents.
Taxation of Anjouan Forex companies
Anjouan has a 0% corporate income tax rate for its companies.
This tax rate applies at the condition that the company does not do business within Anjouan itself (in the sense that it does not offer its services to residents of Anjouan). This condition is also a legal requirement of the Forex license.
Obligations to fulfill with an Anjouan Forex license
Typically, Anjouan Forex licensed companies have two main obligations to take into account: annual renewal and compliance.
The license must be renewed every year with a file (carried out by LegalBison as part of our services) and a fee. The fee may be subject to change by the OFA and will be communicated to you by our consulting team in the planning stage.
Compliance means having basic AML-KYC policies and procedures drafted out, complying with the Anjouan AML law.
Alternative Forex Licenses to Anjouan
Here is a curated list of alternative licenses and top jurisdictions for Forex business and the likes.
Forex License in Seychelles
on request-
Operate a Forex platform
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Securities dealer and exchange
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Investment funds
Forex License in Mauritius
on request-
Give financial advice
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Manage portfolios
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Issue securities
Crypto License in Anjouan
on request-
Very fast licensing process
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Low requirements
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Recognized by banking institutions
Anjouan Insurance License
on request-
Simple requirements
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Low cost
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Wide coverage of activities
About the Forex license in Anjouan
The cost of a Forex license in Anjouan is significantly lower than for other offshore Forex licenses, making it very affordable and attractive. The exact cost ranges in the five figures. Contact our consulting team for a personalized assessment and a definitive quotation.
Yes, but this may require an additional license in the form of a crypto license. Check in with a consultant in order to assess the possible requirement (or absence thereof) of additional authorizations.
Yes, typically the full set-up requires about 2 months. It can be less, provided that the applicant is swift in answering to his dedicated LegalBison project manager and providing the required document and information.
Get your free consultation today
Our experts will guide you into designing the best possible solution for your Anjouan Forex project. Tailored advice and quotation for your business. Reach out now for a free primary consultation within 24 business hours.
Our team of experienced professionals to assist you with any question and project pertaining to FinTech projects.
Experienced crypto and FinTech MLRO with company structuring and PI onboarding.
