The Process
Rotuma Forex Licensing
How it works
Rotuma is one of the comfortable locations for business, most notably in the field of investments and finance. Thanks to its favorable geographical location and no income tax, the Rotuma attracts numerous investors and entrepreneurs from all over the world who are looking for favorable conditions for the development of their business.
Overview of Forex license in Rotuma Islands
The Forex industry is one of the key sectors of the Rotuma economy. Many monetary services companies are opening offices in the islands to gain access to this important market. Regulation of forex brokers in the Rotuma is carried out by the Ministry of Finance and Budget, which is responsible for granting licenses for activities in this area.
Benefits of obtaining Rotuma brokerage license
Low capital requirements
Low taxes
Simple registration procedures
Requirements for obtaining offshore forex license in the Rotuma
In order to obtain a permission for Forex activities in the Rotuma, certain requirements must be met.
The most important of them are the following:
Company registration
Before obtaining a permission, a firm must be enrolled in Rotuma and have an office in the country. Registration demands depend on the type of company
Experience
A successful company license requires experience in the Forex industry.
Customer support
The company must have a high level of customer support and provide quality services.
Regulatory Compliance
The company must comply with all regulations and standards set by the Rotuma government and worldwide regulatory organizations. For example, the firm must ensure reliable protection of customer information and comply with capitalization requirements.
Go through the licensing procedure
The company must apply for a Forex license to the relevant Rotuma regulatory authority. A decision on issuing a license may take between 3 and 6 weeks.
To obtain a Forex license in Rotuma
The applicant should contact our support team to explain their requirements. Based on this, they will receive the full list of necessary documents and information.
F I J I O F F I C E
91 Gordon St, Suva, Fiji
(4th floor Ra Marama Building)
office@rotumalicensing.com
C Y P R U S O F F I C E
Egkomi 2415, Cyprus
Ilia Papakiriakou 46
contact@rotumalicensing.com