Belize is an English speaking country in Central America, colonized by the British and gained its independence in 1981 and has ever since done its best to enhance its economy. Belize has become one of the convenient places to do business. Both personal companies and corporate companies.
In 1999, Belize decided to expand its development to the offshore sectors by adding measures in the statute book by including the International Financial Services Commission Act that was and is run by the IFSC body that is the international financial service commission.
This body is responsible for the financial regulations of the country. It ensures regulation of all financial market participation, responsible for exchanges and setting. Enforces economic law and licensing of all businesses. In detail, they monitor business to ensure the public are safeguarded from any illegal financial services within Belize, they enforce all international financial services, and they facilitate the provision of legal services to all foreign companies within the country.
License is provided to investment firms, investment consultants and mutual fund management companies.
Belize forex license is offered to forex broker services and forex business activities.
It can be gained onshore or offshore, but onshore licensing is more expensive than the latter as it offers more capital requirements during applications.
The offshore licensing offers many more benefits such as the business entity can operate tax-free on its profits, and one can put up their business without necessary putting up a building or a physical presence.
Both the onshore and the offshore are provided only to qualified applicants.
One major benefit of this license is that one can open bank accounts to help with your business in Belize, and it also makes making it easier because one can operate their accounts through debit or credit cards.
Belize forex license allows the investor to operate as an online trading platform. Online means more audience.
Clients can open the accounts that they use for trading through your firm.
Your company operates like a forex brokerage firm once you attain this license and of course there are full-service brokerage options.
Managed trading options are also available!
There are various license options, but the most viable, relatively low-cost option is Vanuatu.
The licensing consultancy companies offer advisory services and solutions related to licensing such as the selection of the right jurisdiction to supporting the licensed company.
Belize is probably one of the best countries to start or expand your business.