Hello There, Chris here from EMPIRE Global
Partners, discussing the Kazakhstan Securities
Broker-Dealer License.
A Securities Broker-Dealer License enables
an individual or a company to deal with securities
which include shares, debentures, bonds, and
other forms. A highly valued permission, it
enables businesses to deal in securities on
behalf of others and accept funds from clients
in permitted jurisdictions. The license also
enables acting as a market maker or as an
agent to find clients for securities and also
to act as an investment consultant.
Additionally, if you want to expand your business
to other financial activities, the flexible
nature of the license means that businesses
can provide a wide range of additional services
including payment processing, cryptocurrency
exchange, financial consulting, depository
agent activities, and merchant services, through
a single license.
A license for a Securities Broker-Dealer is
issued by the Kazakhstan National Bank and
the Ministry of Economy of Kazakhstan. The
documentation requirements for a Kazakhstan
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 Securities Broker-Dealer
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.
