Vanuatu is a great place for launching Forex & Crypto brokerage company due to its low capital requirements and variety of tax benefits.
Licensing is necessary for providers and dealers working in the field of Forex, options, securities and miscellaneous.
The VFSC established four categories of licenses: FX deliverable and debt instruments (Cat. A); corporate shares, precious metals or commodities (Cat. B); futures contracts and derivative products (Cat. C); and digital assets (Cat. D.). The last is for the brokerage of digital assets, not their issuance, Initial Coin Offerings will not be authorized.
Some keynotes:
- Capital Requirement approx $50,000
- New employees shall undergo obligatory stage of training.
- A physical office in Vanuatu is mandatory
- Local Director required