Setup your forex brokerage In Coromos Island

Broker License - Comoros Islands

  • Company formation: Affordable options for company formation and Forex brokerage setup in Comoros Islands.
  • Cost-Effective Jurisdiction: Affordable options for company formation and Forex brokerage setup.
  • Growing Financial Sector: Strong opportunities to start your Forex broker business.
  • Simple Regulations & Low Setup Costs: Minimal regulatory requirements and affordable setup for Forex brokers.
  • Attractive Tax Environment: Favorable tax structure for brokers.
  • Affordable MT5 Servers: Perfect for MT5 whitelabel solutions and minimal administration.
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Benefits



01

Low Costs

Comoros offers low licensing and operational costs for brokers.

02

Tax Advantages

No capital gains tax, no inheritance tax, and a low corporate tax rate.

03

Simple Regulatory Process

Comoros offers a simple licensing process with minimal compliance requirements.

04

Minimal Bureaucracy

Brokers can set up and start operations quickly with minimal delays.

05

Privacy

Strong privacy safeguards for owners and clients.

Regulatory Overview

  • Less Regulated: Comoros offers a flexible environment with fewer regulations for Forex brokers.
  • Basic Compliance: Brokers must follow AML and KYC procedures.
  • Regulatory Oversight: Ensures brokers meet minimal standards for Forex brokerage setup.
  • Client Protection: Focused on safeguarding clients' funds and transactions.
Company Formation In Coromos Island




Requirements


1

Registration of a brokerage firm.

2

Opening a corporate bank account in Comoros.

3

At least two Comoros directors must be appointed.

4

The founders are required to have reliable financial experience.

5

Find a local office and hire staff, including an anti-money laundering officer and an accountant under formal employment contracts.

6

Regular audits.

7

Keep and provide financial statements upon request.

8

Implement a strict anti-money laundering and anti-terrorist financing policy.

9

A minimum share capital of USD 18,000 is required.

10

A comprehensive business plan.

11

Hold regular board meetings in Comoros to comply with local laws.



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