Comoros International Brokerage & Clearing House License

The Comoros International Brokerage & Clearing House License is issued by the Offshore Finance Authority of Anjouan, Union of the Comoros.

 

Key Features

The International Brokerage & Clearing House License introduced in 2007 allows for the license holder to engage in activities such as:

  • Stock Brokerage

  • Securities Brokerage

  • Financial Advisory

  • Asset Management

  • Fund Management

  • Custody Services

  • Transaction Clearing

  • Payment Processing

  • Currency Trading (FOREX)

  • Issuance of Securities

  • Underwriting of Securities

 

Legal Requirements

Requirements                                      Description

  • Corporate  vehicle permitted     International Business Company

  • Local physical office required     No

 

Share capital or equivalent

         Minimum paid up capital         EUR 250,000

 

Directors Minimum number           1

  • Corporate directorship allowed    Yes

  • Local director required                   No

 

Shareholders

  • Minimum number                          1

  • Corporate shareholders allowed  Yes

  • Local  shareholders required        No

 

Service Providers Required

Company Secretary                            Yes

 

Tax Treatment

Income derived from sources outside Comoros are tax exempt

 

Duration to Set Up

about 6-8 weeks

 

Distinctive Benefits of Licence

  • Privacy – strict laws concerning bank confidentiality protects the interests of clients

  • Asset protection – assets deposited into a client’s account are protected against forfeiture

  • Tax protection – favourable tax regime

 

The Smith & Smith Advantage

  • End to end comprehensive service

  • Speedy and efficient service

  • Expert advice on structuring options

  • Dedicated ongoing compliance support

  • Extensive network pool of service providers

  • We connect the Comoros Bank with your fully licensed financial service provider in the free zone of Georgia or Kazakhstan. This is the super hybrid solution.

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