Vanuatu Securities Dealers License and Permission

The Vanuatu FX Securities Dealers License enables you to become fast a regulated FX & Securities dealer and also enables your client base direct access to all your products and services. Services that may be offered/rendered by you as a regulated FX & Securities dealer might be: Forex Services; Asset Management Services; Bonds; Certificates of Deposit and various other products & services.

Types Of Business Licence in Vanuatu

You can apply for a Principal’s license or a Representative’s license and basically requires to provide a set of basic information for the applicant. Both Licenses are being granted by the Vanuatu Financial Services Commission (VFSC) under the Vanuatu Ministry of Finance auspices. Basically, the Act has two functions: (a) firstly to regulate issuance of the license of Securities Dealer and (b) secondly to impose penalties for physical persons or bodies corporate dealing in securities without a permission, or fraudulently inducing other parties to invest monies into securities.

The legal regulations of Vanuatu give a broad definition of Securities, hence allowing to operate with:

• shares in the share capital of a corporation; or
• an instrument that creates and acknowledges the indebt securities that is issued by a corporation or a public office including:
• debentures; or
• debenture stock; or
• loan stock; or
• bonds; or
• certifications of deposit; or
• a right, despite whether or not conferred by warrant, to subscribe for shares or debt securities; or
• a right under a depositary receipt; or
• an option to acquire or dispose of any security falling within any other provision of this Act; or
• a right under a contract for the acquisition or disposal of the relevant securities under which the delivery is to be made at a future date and at a price agreed when the contract is made in accordance with the terms of that contract; or
• the proceeds of Foreign Exchange or FOREX; or
• the proceeds of precious metals; or
• the proceeds of commodities.

Benefits Of Securities Dealers Licence In Vanuatu

You can benefit from this license because it permits the holder to manage the portfolio of investments and to operate with securities (sell and buy) for the client or even on his behalf with all above of products/Services.

• A Vanuatu licensed firm may be offering bank-like services, Forex (FX) services and commodity trading & brokerage services
• A Vanuatu licensed firm may be accepting clients from all the world
• A Vanuatu licensed firm is paying a very low “entry fee” to the Government for obtaining the license
• A Vanuatu licensed firm may be advertising its services & products in any way it might be deemed appropriate for it under the circumstances
• You do not need to travel to Vanuatu to conduct the application process;

Requirements

• AML/CTF Manual for your business
• Business Adequacy: including, Business plan, 3-year financial projections
• Operational & Statutory: including Company formation, Website content, operations control procedures.
• Deposit to Vanuatu government 50,000 US$

Procedure & Timeline

Stage Preparation, Less than 1 weeks

• Collation of due diligence, business documentation planning.
• Formation Vanuatu International company

Stage 1 – Application, from 2 to 3 WEEKS

• Business Adequacy, combine with all related application form
• Evaluation of application documents by Vanuatu Financial Services Commission (VFSC)
• Issuance of Licence and Commencement of your Business.

Multistream International services to get your license of Vanuatu FX Securities Dealers License in Vanuatu is 8,900 US$. Contac us for more detail.