of Malaysia. Also, this license is equivalent to the European one. Atomiq Consulting specializes in company registration, license and banking services for FX brokers. Operational Manuals, cP trust one-stop license application service for Labuan Money Broker-Forex License includes the following: * Consultation of your eligibility and procedures based on your profile * Profiling, due diligence and guidance on the preparation of documents * Preparation of Business Plan, Financial Forecast. Transact in foreign currencies of your choice, except with Malaysian Ringgit. The Securities License in Labuan allows you to buy, sell, trade securities such as shares, bonds, options etc. Any changes on shareholders, directors, office location, additional office outside Labuan and outsourcing arrangements required to obtain approval from Labuan FSA. Could you also assist us in establishing a fund management license in Labuan?
To the news list. Latest Regulatory and Operational requirements for Labuan Money Broking Forex License, after approval, is as follows: Minimum paid up capital of RM500,000 (can be in the equivalent in foreign currencies) unimpaired by losses with a certificate of evidence from the banks within Malaysia and Labuan. There are various strong sides of this regulation: First, it is the fastest available Forex/Binary Options regulation and it is possible to obtain it in 2-3 month. Low Tax, incorporate a Labuan company to leverage the Labuan taxation regime to conduct money brokerage business: Self-election of the tax position to enjoy either 3 corporate tax rate (audited accounts is required) or flat tax payment of RM20,000 (USD6,666) for exemption from audited accounts. Labuan Forex Money Broking license, however, does not include the buying or selling of Ringgit and foreign currencies by the broker as principal in such markets. No transactions are permitted to be done with Malaysian residents, other than authorized dealers approved by the Malaysian Exchange Control. Due to recent regulatory changes in Europe and banking difficulties in offshore jurisdictions, many brokers are now considering an FX license in Labuan.