The Basic requirements are:
An applicant for a brokerage license must submit the following information for assessment by the Central Reserve Authority of SADR:
Details of the applicant’s capital structure;
Notarized copies of passport(s) of each beneficial owner/director/shareholder.
Proof of address (Bank Statement, Utility Bill, e.g.) of each beneficial owner/director/shareholder.
It is required for the business owner, the Board member, the real beneficiary or the proprietor to submit a statement from the penalty register in one’s country of origin or an equivalent document issued by a judicial or administrative authority confirming the absence of penalties for crimes committed against government authorities, money laundering crimes or another deliberate crimes no earlier than three months ago and certified by a notary or in another similar way and legalised or approved by the certificate replacing legalisation (Apostille), unless otherwise provided by an international treaty.
In order to start an application process please download an application form, fill it in the correct way and send it back to info@advisorycorpws.com
We assist our clients in every step of the license obtaining process.
Application form
Timeframe:
1. Booking the name of the company –
1 day
2. Bank approval: Upon receipt of application fee, approved
application forms and KYC documents (scans ok to initiate) –
3-4 weeks
3. When the funds are received and confirmed, the CRA of SADR
may take
2 days to register and
notarise the license.
What Is Included With Your Forex (Brokerage) License
The registration of the Forex (Brokerage) license
Name check
Legal verification
Company filing to gain legal protection
Preparation and registration of the license application
documents
Filing and registration with notary and government officials
Certification by notary
Registration and license certificates
Board meeting minutes documents
Bank account opening resolution
Power of attorney
Director registration
Shareholder register