A financial license is a document that
allows you to carry out one or another activity. Thus, the process of issuing a
document, its extension or cancellation, is called licensing. Having the
necessary financial license from the company can guarantee the consumer safety
for the type of product or service that it acquires, since such a document
complies with all the established legal norms of a country.

TYPES
OF FINANCIAL LICENSE

The licensing procedure, depending on the scope of
employment, may be needed absolutely in any country. There are several basic
types of financial licenses:

LICENSE FOR BANKING ACTIVITIES

This type of document is required not only for large
banks, corporations, but also for small companies that are involved in lending
or exchange operations with currency. Positive aspects of processing a banking license:

·        
data protection, both about the corporation, and about their
owners;

·        
optimized taxation and other benefits depending on the
jurisdiction of which country you choose.

BROKER
LICENSE

Having received a brokerage license, the company has
the opportunity to conduct its activities in the trader-markets. Basic requirements for
obtaining a broker license:

·        
selection of the jurisdiction of the country;

·        
choice of regulatory requirements, regarding the capabilities
and needs of the company;

·        
the brokerage company must be established in accordance with the
license;

·        
it is necessary to take into account a number of requirements
before the application procedure (authorized capital, staff, management, etc.).

LICENSE
FOR INVESTMENT ACTIVITIES

Such a license will be necessary for the management of
private, specialized state funds, etc. In order to obtain a license for
investment activities, a fairly large package of documents is needed. The
employees of our company will help to collect, and also correctly prepare for
submission to the regulator all of the documents.

THE
LICENSE FOR ELECTRONIC MONEY. PAYMENT SYSTEM LICENSE

A license of this nature provides the opportunity to
create your own account management systems by the type of PayPal or Applepay.
The payment system license is useful both for banking institutions and for
companies that deal with brokerage, bookmaking, and gambling.

Thinking about working in another country, an
entrepreneur finds himself in a situation in which he will need to study the
laws of the country in which he plans to run his business and, possibly,
compare with other jurisdictions, and this will take a lot of time and money.
Our team will help to minimize your costs from a legal point of view and start
the main task – doing business – in the shortest possible time.

We will help you in selecting the right type of
financial license, as well as in selecting the jurisdiction to properly start
your project.

For over five years we have been advising our clients
in the field of corporate law, international tax planning, finance,
international licensing and integrated business support in more than 40
countries.

We will be glad to help you.