Remote location, very well equipped with corporate infrastructure, banks, lawyers and accountants. The Vanuatu financial services commission (VFSC) is the entity responsible for regulating and supervising the financial industry in the country.
Broker must incorporate as a Vanuatu international company in order to apply for a Vanuatu Forex license. Infrastructure and strict confidentiality for offshore companies combined make Vanuatu quite an interesting location for starting a brokerage.
Complete set up for an unregulated Forex company in st. Vincent and Grenadines island.
Efficient and affordable solutions available to start a Forex brokerage company from the broker’s point of view. Stable, independent and politically free jurisdiction by the organization for economic co-operation and development. Most proffered taxation structures within members of British commonwealth, united nations (UN), international labor organization (ILO) and organization of eastern Caribbean states (OECS).
Complete package including all the mandatory requirements for a successful forex company formation and renewal with Malta financial service association.
A stable and advanced economy, regarded as one of the strongest financial centers in the world. Forming a broker company in Malta offers you numerous benefits ranging from having a broker license issued by a well-recognized regulatory body, to acquiring favorable taxation.
Minimum one shareholding applicant must already be regulated in the provision of financial services to MFSA satisfactory level
Minimum capital requirements: €730,000
Complete package services provided with all mandatory requirements that are crucial for a full registration and renewal with the FCA insuring compliance procedure are set with regulatory body
Establish a brokerage in the united kingdom (via financial conduct authority, London). Providing and advising every step needed to maintain and sustain your brokerage.
London is regarded as one of strongest in fields of foreign investments and hedge funds
FCA, London has regulated highest Forex brokers who are duly authorized with FCA broker license
One of toughest and strongest regulatory procedure to obtain Forex license
Tax rate system:individual tax system starts from 20% / corporate tax is just 20%
United kingdom is the highest contributor in the Forex trading market with $2.6 trillion a day
Complete package services provided with all mandatory requirements that are crucial for a full registration and renewal with the FCA insuring compliance procedure are set with regulatory body
Establish a brokerage company via securities and future commission, Hong Kong.Providing and advising every step needed to maintain and sustain your brokerage.
Hong Kong is consistently regarded as one of the best countries in the world to open up the business due to the high amount of business-friendly policies and has the highest number of foreign companies in the world
Due to which FDI business is at its peak right now in Hong Kong
Tax rate system: individual tax system begins at 2% / tax 16.5%
Complete package services provided with all mandatory requirements that are crucial for a full registration and renewal with CYSEC insuring compliance procedure are set with regulatory body
one of very few highly regulated governing bodies in the Forex industry. Well-governed and most respected jurisdiction to start a financial business, which has very strict government rules and regulation, laid by authorities of CYSEC. The CYSEC broker license gives you the reliability and safety among the European jurisdiction.
Profits, interest, dividends, capital gains and any other related gains arising from disposal of shares in such investments can be freely remitted overseas without any restriction
physical office in Cyprus is mandatory. REQUIRED AT LEAST 2 executive directors and 2 non-executive directors IN company structure. DIRECTORS/NON-DIRECTORS must be domiciled in Cyprus
REQUIRED 2-3 people based in Cyprus THAT can work at BROKERS Cypriot office. Usually,are 1 executive director, accountant/ compliance/back office personEL
COMPLETE package services PROVIDED with all mandatory requirements that are crucial for a FULL registration and renewal with CYSEC INSURING compliance procedure ARE SET WITH regulatory body
Bulgaria is a full member of EU which is controlled and regulated by Financial Supervision Commission (FSC). The licensed organizations are bound to follow rules and regulation set by them from time to time. Apart from the EU Regulators, Bulgaria has some other advantages which create an attraction for many Forex brokerages and makes it a popular choice.
strategic location PROVIDING ADVANCED opportunity for investors ENABLING access TO entire EU and the markets of Central and Eastern Europe
Different tax rate systems: Corporate and Individual Tax: 10% / Dividend Tax: 5% / VAT: 20%
COMPLETE package services PROVIDED with all mandatory requirements that are crucial for a FULL registration and renewal with the FCA INSURING compliance procedure ARE SET WITH regulatory body
get approved by BVI Financial Services Commission, carrying out all the financial service activities including banking, investment services, insolvency and insurance business.
BVI Forex Broker Licenses are valuable regulators for many brokers. All the business registered under BVI FSC needs to abide by all their norms according to Securities and Investment Business Act, 2010. Even though a new Broker who is regulated under BVI FSC and has specific laws and regulations which are relatively new to the financial activity.
Basic requirements (SIBA):
Minimum required 2 directors. ANY NATIONALITY
PREPARE annual audited financial statements (appoint auditor)
Maintain adequate capital resources to conduct business (No minimum REQUIRED BY SIBA. (DONE case-by-case basis).
appoint a compliance officer and submit a compliance manual (mandatory approved by BVI FSC or apply for an exemption
Maintain Professional Indemnity Insurance (PII) or to APPLY A detailed self-exemption to PII
IFSC, Belize is a regulatory body holding responsibilities of issuing, renewing and regulating Forex Brokerage Companies in Belize jurisdiction. Belize is relatively cost effective and less time consuming than other jurisdictions and hence, considered as Forex licensing hub.
APEXUM ASSISTS YOU in every step of the way to ensure your integrity and confidence during Belize Forex Company Formation. Our complete package satisfies all the mandatory requirements of successful registration of Belize Brokerage Company and in-depth compliance with the IFSC (Belize).
Belize IBC is not subject to any taxes in Belize regardless of source of generated INCOME.
Provides protection against fatuous lawsuits separating ownership from individual liability
Directors or shareholders do not require filing their personal information on public record. An IBC register of shareholders is available for inspection only by shareholders or by order of the Belize Courts at the request of any shareholder
Public filing requirement includes a Memorandum (MOA) and Articles of Association (AOA) only
It is necessary to have a medium that is secured, efficient, reliable and easily accessible anytime, one option to this medium is a bank, to operate legally in a regulated jurisdiction, you need to have a bank account with a local or international bank. Apexum establishes your bank account that satisfies all your transnational needs. Helping brokers open bank account through experienced and professional legal coordinators, Apexum will be with you every step of the way to maintain the integrity of the process.
Apexum establishes your bank account that satisfies all your transnational needs. Helping brokers open bank account through experienced and professional legal coordinators, Apexum will be with you every step of the way to maintain the integrity of the process.
Merchant accounts that suits the requirements of all the major regulatory agencies, relieving a significant burden for a new company, and easing the transition for an existing company changing its regulations.
Streamlining the special requirements and needs of unregulated companies and provide in depth services to help brokers with their banking needs.
Apexums multi-connections and expertise can suit smaller companies seeking lower fees and efficient service.
Apexum helps ensure efficient, secure, transparent international payment processing. Whether a broker is seeking to operate financially offline, online or mobile, any financial transfer can be processed through Apexums merchant account with high grade security and compliance, regardless of the company’s size. In addition to large scale commercial chains and medium-sized companies, we also cater to smaller organizations seeking confident services such as risk management or support.
Apexum supports any business models and processes desired within a broker, providing multiple jurisdiction and currency specific features to suite any financial industry worldwide. Apexum develops a solution that is tailored to specific needs, fulfills the highest standards of security, a PSP which is economical and can be integrated seamlessly. Apexum offers a broad spectrum of credit card acceptance contracts, banking services and innovative prepaid products.
Connected to over 350 acquiring banks and PSP worldwide. Apexum operates all on-boarding procedures, allowing brokers to operate payments reliably and efficiently.
Built to operate and maintain entire payment strategy, multiple integration, platforms and PSP’s with a supportive back office system
Pre-integrated API with multiple local and global payment methods and technology, allowing a broker to accommodate traders payment preferences by Geo-location and language.
PCI DSS secured payment gateway portal, fully built to your brand’s design and user experience, thanks to Apexums flexible technology.
Note: Ad-hoc additional documents may be requested from any authority or institution during the process
Note: Ad-hoc additional documents may be requested from any authority or institution during the process
Note: Ad-hoc additional documents may be requested from any authority or institution during the process
Note: Ad-hoc additional documents may be requested from any authority or institution during the process
Note: Ad-hoc additional documents may be requested from any authority or institution during the process
Note: Ad-hoc additional documents may be requested from any authority or institution during the process
Note: Ad-hoc additional documents may be requested from any authority or institution during the process
Note: Ad-hoc additional documents may be requested from any authority or institution during the process
Note: Ad-hoc additional documents may be requested from any authority or institution during the process
July 13, 2016
All employers want to fill vacancies with best candidates. Who are liable to improve productivity and achieve goals, and reduce the costs associated with absenteeism. So,
The simple answer is: do not use hiring employee. Instead, use employee selection approach.
Most people do not know the difference between hiring employees and employee selection. This lack of distinction leads to problems, such as high turnover rate and low productivity.
Hiring employees is the process by which you review the CVs of the applicants, and then select some candidates, interview them and then explain the job to them. This process seems intact. However, there are big problems with this method.
The biggest problem with the recruitment process is that it relies on general questions that fail to reach the person’s actual ability to do the job.
For example, the question about the strengths and weaknesses of a person does not reflect his ability to do something. People have been trained on how to answer these questions. By the way how do you know the good answer?
A Research shows that this method of recruitment is less effective than employee selection – which means selecting a knowledgeable people to fill a vacant work- and it also includes additional costs in addition to the time needed for re-employment of people for the same vacancy. This leads to reduced productivity, and increased employment costs associated with absenteeism.
In the end, and despite the fact that the selection process is better compared to the traditional method, the problem is that it is not necessary for someone who has succeeded in a similar position to also succeed in this position, because of the difference in work environment and the atmosphere in general.
