Hello There, Chris here from EMPIRE Global
Partners, discussing the Kazakhstan Forex Exchange License.
A Kazakhstan Forex Exchange License is the pathway to open a foreign currency trading
business. Forex Trade is a lucrative business with billions of dollars being traded on the
foreign currency market every day. In fact, it is the largest financial market in terms
of the trading volume. With a Forex Exchange License, you can establish a forex trading
website or mobile application and receive customers from permitted jurisdictions across
the globe. A number of associated activities can be conducted on the Forex Market including
providing clients the ability to conduct margin trading activities.
If you want to expand beyond forex, the flexible nature of the license means that businesses
can provide a wide range of additional services including payment services, cryptocurrency
exchange, financial consulting, depository agent activities, and merchant services, through
a single license. A license for a Kazakhstan Forex Exchange
is issued by the Kazakhstan National Bank and the Ministry of Economy of Kazakhstan.
The documentation requirements for a Kazakhstan Forex Exchange License are minimal. There
are no requirements for office, staff, business references or a compliance officer. There
is also no minimum paid-up capital requirement. There is a possibility of 100% foreign ownership
and the Tax rate can be reduced to close to 0% through permitted structuring
The fee for an application for a license varies on a case to case basis but is considered
being among the most cost-effective in the world. A license is generally granted within
6-8 weeks of submission of a fully completed application. If you are interested in learning
more about a Kazakhstan Forex Exchange license and how it can help your business, please
get in touch with us and one of our dedicated team of experienced professionals will assist
you through the entire process of obtaining a license.