Despite the situation with COVID-19, we are working as usual and fully provide our services.

A Forex license - Cayman Islands

Cayman Islands is a stable and protected country with a high international reputation. This is a recognized large international financial center, where the financial services industry is concentrated. The government of jurisdiction has created a legislative framework for improving the state’s position and a reputation as a leading international financial center. You have the opportunity to issue a Cayman license quickly.

The leading regulator of financial services in the Cayman Islands is the Cayman Islands Monetary Authority (CIMA).

Read also:
CIMA performs the following functions:
  • a supervision and a regulation of financial services (including foreign exchange brokers);
  • monitors compliance with the rules preventing a money laundering;
  • publishes a regulatory reference book, which indicates policies, procedures and rules of work of regulated brokers and other financial organizations;
  • responsible for managing Cayman Islands foreign exchange reserves;
  • provides advisory services to the government regarding the monetary sphere of activity;
  • provides the assistance to foreign regulatory authorities in the supervision of financial markets;
  • registering licenses in the Cayman Islands.
To obtain a license in the Cayman Islands you need:
  • to register a Cayman company;
  • to provide for the submission of a license a Memorandum and Articles of Association of the company in the Cayman Islands;
  • the minimum number of directors in this business company in the Cayman Islands is three (they can be residents of any state);
  • the minimum size of the authorized capital is announced by CIMA, after the submission of all necessary documents (usually about $100 thousand);
  • the company must have a detailed business plan and a corporate policy is developed.

The process of obtaining a Cayman license is a quite laborious and a complex. Our specialists will help you to set up a commercial firm in the Cayman Islands, to open a Cayman bank account for registered capital, to obtain a Forex license. A brokerage license in the Cayman Islands is issued in 2-4 months.

  • The information outlined in the article is actual at the time of its publication.

  • Please refer to our specialists for checking possible solutions for your business.

  • Still have any questions?

    Fill out the form or contact us as you find convenient: skype, telegram, etc. Our experts will help you resolve the issue.

Are you interested in qualified advice from our specialists on this matter?

Your name user
Your comment comment

Do you want to add an alternative form of communication?

tel add icon telegram add icon skype add icon whatsapp add icon viber add icon
people with bank