CySEC License Modifications

Cyprus is the leading jurisdiction for Forex companies providing access to the European Market

Why CySEC? Why Cyprus?

01A CySEC license is highly respectable Worldwide

Capitalise on the prestige and reputation as a CySEC Regulated Firm and overcome payment solution challenges

02Minimal Initial Capital Requirements

Depending on type of License, the Capital requirements can be as low as EUR 50 000

03TaxFree Dividends

Dividend income is unconditionally exempt from Income Tax. Corporate Tax is one of the lowest in the world.

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CySEC LicenseA CySEC License may be modified

STP License or MM License? Safekeeping? Anything!

A CySEC license may be modified in different ways to fulfill certain needs or conditions. For example, a Market Maker License with capital requirements deficiencies may need to renounce its DOA (Dealing on Own Account License) in order to become STP and lower the capital amount. This is often seen through Suspensions of License Decisions on the CySEC website. Suspensions can be partial or total, temporary or permanent/final decision. A modification can also be done the other way around, an STP wishing to become a Market Maker thus applying to CySEC for a License Extension. There are many other modifications that can be done to the CySEC license and most of variations of license are possible. Our team of experts can work out the best type of license that suits your business needs.

A license extension involve a series of actions and procedures that require the Regulator’s approval. Such actions are usually accompanied by some conditions that must be fulfilled. The same way a CIF is entitled to extend its license, a CIF is also entitled, at any time, to Voluntarily Renounce, Partially or Totally its license. Almost all license modifications are subject to CySEC’s approval and come with conditions and deadlines, however the Renouncement of a License, especially the Total one, involves a bit more complicated procedure than the one of the extension and comes with serious consequences for non-complying cases. Nothing is difficult and complicated for our experts though and there is no problem without solution. Connect with us to find out what we can do for your business!

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WHAT WE DOWe make it easy

PricingIn uncertain times, it's important to stay focused on the future

With many types of service providers and high competitive Forex market, it can be confusing to know which one is right for you, so we’ve outlined some of the basic below.

We Value RelationshipsThere's more ahead than just financial goals for us

We work to understand your issues and are driven to ask better questions in the pursuit of making successful work.

Leverage agile frameworks provide a robust synopsis for high level overviews. Iterative approaches to corporate strategy foster collaborative thinking to further the overall.

Value proposition organically grow the holistic world view of disruptive innovation via workplace diversity and empowerment. We work with the win-win option.

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Why reinvent the wheel? Buy Ready!READY BUSINESS PLAN, POLICIES AND MANUALS

We bring the breathe of our experience and industry knowledge to help you succeed with your company.
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