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Obtaining a banking license in the Comoros in 2020
Obtaining a license in the Comoros is a new opportunity for entrepreneurs, who want to apply a license for a payment system in the Comoros. Islands are located on the Mozambique Channel in the Indian Ocean. The Comoros intend to become one of the leading offshore centers, that will issue international banking licenses.
You can register a company in the Comoros and obtain a Comoros license with the help of IQD Consulting lawyers. Such licenses are allocated in the Comoros:
You can open a company in the Comoros in a few days, register a banking license in the Comoros for at least 3 weeks. The obtainment a Comoros banking license is a fairly quick procedure due to the lack of bureaucracy. It provides the ability to register a payment system in the Comoros. Obtaining a Comoros Class B permit is possible only for a local company.
If you decide to start a business in the Comoros, and also obtain a Class B license in the Comoros for your activity, the authorized capital of the company must be at least $100,000. The minimum number of shareholders and directors must be at least one. The company must have a secretary available.
Currently, in order to obtain a banking license in the Comoros, it is worth noting, that all banking licenses issued as a Class B are valid for 1 year.
Offshore international business companies, that obtaining banking licenses in the Comoros, can manage cash flows, use payment or deposit services.
You can receive for personal advice on obtaining a license in the Comoros with IQD Consulting lawyers. Use any form of feedback.
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