Licence Particulars

1. Corporate bank accounts: Bank accounts are fully operational.

2. Clear history: no operating customers; Good operating record.

3. Compliance status: Maintain good compliance relationship with FSCA.

4. Financial soundness: no liabilities or other financial burdens.

5. Business opportunities: can engage in a variety of derivatives-related business.

6. Local management team: local directors, local compliance officers and local office space have been deployed.

Price

100,000 USD

Scope of business permitted under licence

The licence may grant the following business rights:

◆Long-term insurance

    ◆ Short-term insurance

    ◆ Pension Business

    ◆ Stocks, money market instruments, bonds and other securities

    ◆ Derivatives

    ◆ Share of pooled investment plan (Collective Investment Schemes)

    ◆ foreign exchange investment

    ◆ Crypto Assets

Advantages of FSCA

Regulatory oversight: The FSCA ensures that licensees comply with relevant laws and regulations and emphasizes fair treatment of customers.

Consumer protection: The license effectively protects consumers from unfair business practices, financial losses and fraud, and enhances overall market confidence.

Reputation and prestige: FSCA licenses symbolize compliance and high standards, helping to increase the attractiveness of the business to potential customers and investors.

Market access: After obtaining a license, you can start business in the South African financial market, bringing more development and expansion opportunities for enterprises.

Professional Development: The FSCA encourages licensed companies to continuously improve their professional standards and keep abreast of industry trends, regulatory changes and best practices.

Steps to Acquire FSCA

Step 1: Collect information

Step 2: Submit the deposit

Step 3: Accept company documents for due diligence

Step 4: Submit Remaining Money

Step 5: Change Company Name

Step 6: Change of Directors and Ultimate Beneficiaries

OUR SERVICES

1. Document collection and processing

We are responsible for collecting, reviewing and organizing all required documents to ensure that the license transfer process is smooth and compliant.

2. Local staffing arrangements

We can assist in locating or appointing local directors and compliance heads to help you meet the FSCA requirements for experience and residence.

3. Bank account opening assistance

Depending on your needs, we can assist you in opening and maintaining the corporate bank accounts required by FSCA licensed companies.

4. Follow-up maintenance

We will continue to provide compliance support after the license transfer is completed, including following up on regulatory developments, conducting annual reviews and guiding license renewal to ensure that your FSCA license remains in good condition.