Comoros International Brokerage and Clearing House License

The license is issued and regulated Comoros Financial Services Authority in Mwali, autonomous island of the Union of the Comoros

Why Choose Comoros;

• Global Opportunities; Access to international financial markets and a diverse client base.
• Cost-Effectiveness - Lower licensing fees and operational costs compared to other jurisdictions.
• Favourable Regulation -A supportive regulatory environment that promotes efficiency and transparency.
• Confidentiality and Privacy - Strong commitment to privacy protection and data security.

Operational Requirements; IBC

• In order to apply for a license, the applicant must first establish an International Business Company (IBC) in Comoros;
• The IBC should have a minimum of one director who can be of any nationality and resident anywhere;
• The IBC should have a minimum of one shareholder which can be an individual also acting as director or a Company registered in any other jurisdiction;
• Minimum share capital is EUR 250,000, it should be either paid-up to the company’s account or presented as a balance of the shareholder’s bank statement balance.

Requirements for Directors and Shareholders

• Notarized copies of operative pages of passport;
• Certified utility bill as a proof of address;
• Bank statement with a residential address as a secondary proof of address;
• Bank reference letter;
• Updated CV;
• Bank statement of the UBO with EUR 250,000 on the balance as a guarantee of share capital payment.

If the holding company is involved (i.e. where shareholder is a company):

• Certificate of Incorporation;
• Memorandum and articles of association;
• Details of Registered Office and Principal place of Business and directors, shareholders;
• Recent set of accounts and Resolution approving Investment/shareholding as appropriate;
• Any corporate brochures;

Personal KYC as per requirements above for all the shareholders/UBOs/directors of the holding company