Steps to Obtain the License

Hereby we would like to specify the services we are to deliver as your service provider for the subject of this engagement, the team we have assigned to the Engagement, how you will remunerate us and other terms of business governing our relationship.

We will be happy to assist you to in applying for a Securities Dealers License in Seychelles. We have substantial experience in this business and we are proficient in executing the application to the Financial Service Authority (FSA) in a manner that will satisfy the regulator. We prefer to prepare all the documents, including the required business plan, by ourselves.

About Seychelles Securities Dealer License

Permitted Activities

1. Primary Equities
2. Primary Debt Instruments
3. Derivative Instruments (futures, options, forwards, contracts, CFDs and Swaps), on any of the following underlying assets; Equities, bonds, metals, commodities, currencies including cryptocurrency.

This definition also includes a person who holds a restricted securities dealer license.

Permitted Securities

1. Primary Equities
2. Primary Debt Instruments
3. Derivative Instruments (futures, options, forwards, contracts, CFDs and Swaps), on any of the following underlying assets; Equities, bonds, metals, commodities, currencies including cryptocurrency.

This definition also includes a person who holds a restricted securities dealer license.

Conditions to a Securities Dealer License

Activities permitted under the Securities Dealer License are only those that are contained within the license and are limited to only such business as stated. The Securities Dealer must comply with the conditions contained in its license.

The Authority may impose conditions on a licensee which includes:

• Limiting the nature and scope of the business carried on by the licensee, including the type of securities that may be dealt with by the Securities Dealer.
• Specifying whether or not the Securities Dealer may hold client’s assets
• Requiring the Securities Dealer or senior officer or manager of the licensee to acquire and maintain membership of a recognized overseas securities exchange.

Seychelles Securities Dealer License Exemptions

An application for exemption from the requirement to obtain a securities dealer license may be submitted by a securities dealer, licensed under the laws of a Recognized Jurisdiction that meets the requirements of section 45(1) (b)

To qualify for an Exemption the applicant must:

• Be a member of a recognized overseas securities exchange and a Seychelles Securities Exchange
• Be in good standing and hold a current license or other authorization to deal in securities under the laws of a recognized jurisdiction

Due Diligence Documentation Requirements

When dealing with an application The Authority will not grant a license unless it is satisfied that the applicant:

Due Diligence Documentation Requirements

When dealing with an application The Authority will not grant a license unless it is satisfied that the applicant:

During the incorporation process we can start and arrange the application and the business plan that will be submitted to the FSA. Application preparation on our side takes 2-4 weeks. We will need you to provide us with the following documents for each shareholder and director:

‣ Certified passport copy
‣ Certified utility bill in English issued within the last month
- CV (Curriculum Vitae)
‣ Certified academic and professional certificates (if any)
‣ Two professional reference letters
‣ Bank reference letter
‣ Employment Letter from current employer (if applicable)
‣ Police Criminal Certificate (not older than 3 months)
‣ Tax Compliance Certificate (recent) from the place where Directors/Shareholders currently reside or are citizens
‣ Passport photos (two, certified at the back as “true likeness”)
‣ Proof of source of funds for the Shareholder (bank statement showing at least US$50,000 in deposit)

Ongoing Obligations
Tax Obligations and Exemptions

Schedule 3 of the Act grants exemptions and concessions from the applicability of certain legislative enactments.

Application Requirements
Get Started with a Seychelles Forex License

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