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International brokerage & clearing house
This service is no longer available on Anjouan
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
In order to apply for a license the applicant must first establish an International Business Company (IBC) in Comoros. This process takes approximately 48 hours from receipt of the relevant documentation. The IBC should have a minimum of one director who can be of any nationality and resident anywhere. The IBC should have a minimum of one shareholder which can be an individual also acting as director or a Company registered in any other jurisdiction. The IBC applying for a license should have a minimum capital of EUR 250.000. This capital requirement can be satisfied with a financial guarantee. The entity is 100% tax free on worldwide income. This type of entity can be registered and licensed in less than 7 business days.
The license described on this website is issued by the Offshore Finance Authority of Anjouan, Union of the Comoros. The Islands of Comoros are located in the Mozambique Channel in the Indian Ocean. Nearby offshore jurisdictions and popular tourist destinations include the Seychelles and Mauritius. Comoros experienced a period of political instability after gaining independence from France in 1975, with individual islands declaring independence from the Republic. The period of instability and uncertainty was ended through the Fomboni Accord in 2000, through which each island was given autonomous status within a Union. Comoros has enjoyed political stability and a healthy economic growth since the creation of the Union. Growth sectors include the offshore financial services industry and international tourism.