Comoros Islands Forex License

Comoros Islands Forex License

The Comoros Islands, situated in the Indian Ocean, are emerging as a top choice for international forex businesses seeking favorable regulatory environments. This group of islands, located southeast of Africa and northwest of Madagascar, offers a cost-effective and efficient option for obtaining a forex license compared to jurisdictions facing increased regulatory scrutiny. Discover why the Comoros Islands are becoming a preferred destination for forex startups.

Our “Company & Forex License in Comoros Islands” package provides comprehensive services to streamline your Brokerage & Clearing House License application:

  • Expert compilation, drafting, and submission of all necessary documents.
  • Extensive support in structuring and managing your licensed entity, including regulatory engagement.
  • Formation of an International Business Company.
  • Corporate secretarial services for compliance and efficient governance.
  • Facilitation of government fees for the license application.
  • Handling of legal consent processes.
  • Launch your forex business with confidence in the Comoros Islands. Contact us today to get started! Unlock your forex licensing potential in Comoros with our tailored package.

Discover the compelling advantages of obtaining a forex license in the Comoros Islands:

Adaptability and Responsiveness: The Comoros regulatory framework is internationally recognized for its adaptability to market changes and emerging risks, offering a flexible environment for forex businesses.

Cost-Effectiveness: Compared to other jurisdictions, obtaining a forex license in the Comoros Islands is more affordable, with lower licensing fees and operational costs, contributing to higher profitability.

Swift Licensing Process: The Comoros Islands offer a streamlined licensing process, allowing forex businesses to launch operations quickly and capitalize on market opportunities promptly.

Favorable Taxation: Offshore companies in the Comoros are not subject to Corporate Income Tax or Capital Gains Tax on asset sales, leading to significant tax savings for forex traders and investors.

No Withholding Tax on Dividends: Dividends distributed by offshore companies are usually exempt from Withholding Tax, reducing tax burdens for forex businesses.

No Exchange Control Restrictions: There are no exchange control restrictions in the Comoros Islands, enabling free movement of funds in and out of the country without regulatory hurdles. This facilitates access to international financial markets and diverse trading opportunities.


Learn about forex regulations in the Comoros Islands, where each island—Mohéli, Anjouan, and Grande Comore—operates with full autonomy, establishing its own regulatory framework.

Forex businesses often opt for licensing from regulators based in Mohéli and Anjouan. The Mwali International Services Authority (MISA) oversees forex licensing and supervision in Mohéli, maintaining a light-touch approach with straightforward legal requirements for applicants.

Anjouan, recognized as an offshore financial center, is regulated by the Anjouan Offshore Finance Authority (AOFA). AOFA ensures the integrity of the financial sector by enforcing regulations on financial conduct, client fund protection, and transparency.

Consider these regulatory landscapes when establishing your forex business in the Comoros Islands. Our team at Regulated United Europe can provide tailored advice to guide your decision-making process. Discover the potential of the Comoros for your forex operations today!

In the Comoros Islands, financial regulatory authorities enforce specific rules to ensure compliance and transparency within the financial sector:

Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT): This includes robust implementation of know-your-customer (KYC) policies and processes to prevent illicit financial activities.

Client Fund Protection: Measures such as segregating client accounts from operational accounts safeguard client assets in cases of insolvency or financial difficulties.

Dispute Resolution: Financial institutions must adopt appropriate mechanisms for fair and impartial dispute settlement between institutions and clients.

Financial Reporting and Audit: Maintaining accurate financial records and submitting regular reports to regulatory authorities ensures transparency and accountability.

These regulations are essential for maintaining integrity and trust within the financial industry in the Comoros Islands. Compliance with these rules is vital for forex businesses operating in this jurisdiction. Contact us to learn more about navigating regulatory requirements for your forex venture in the Comoros Islands.


Understanding the types of forex licenses available in the Comoros Islands is essential for forex businesses seeking legal operations within or from this jurisdiction:

Offshore Forex License: Ideal for businesses primarily serving clients outside the island or the Comoros Union. This license type is cost-effective with fewer regulatory requirements, attracting international clients and enabling various forex trading activities.

Onshore Forex License: Designed for businesses targeting local or regional clients within the specific island’s jurisdiction or the entire Comoros Union. Onshore licenses often involve stricter regulatory compliance and specific jurisdictional requirements.

Two prominent types of Comoros forex licenses include:

International Brokerage License (MISA): Granted by Mohéli’s regulatory authority, MISA permits diverse financial activities such as stock brokerage, futures trading, and contracts for difference (CFDs). This license is recognized by international banks, facilitating banking relationships and operational flexibility.

International Brokerage and Clearance House License (AOFA): Offered by Anjouan’s regulatory body, AOFA enables businesses to access financial markets and execute trades on behalf of clients efficiently. It also allows for clearing and settlement services, ensuring smooth transaction finalization.

Choosing the right license depends on business objectives and target markets. Consult our experienced legal team at Regulated United Europe to evaluate your unique business case and make informed decisions regarding Comoros forex licensing.


To obtain a Comoros forex license, applicants must fulfill specific requirements tailored to their intended license type, island jurisdiction, and business nature. Here are key general requirements for Comoros forex license applicants:

Company Establishment: Establish a local company within the desired island jurisdiction for operations.

Minimum Capital: Meet minimum capital requirements set by the regulatory authority (approximately 24 million KMF or 50,000 EUR, subject to variation based on license type and scope of operations).

Due Diligence Process: Undergo background checks for company directors and key personnel to ensure credibility and absence of criminal involvement.

AML/CFT Commitment: Demonstrate commitment to implementing robust Anti-Money Laundering/Counter-Financing of Terrorism (AML/CFT) policies and procedures, including client identity verification and transaction monitoring.

Risk Management: Establish effective risk management procedures to protect client funds and ensure financial stability.

Fees: Pay a license application fee (starting from 1.9 million KMF or 3,800 EUR) and annual license fee (starting from 1.2 million KMF or 2,400 EUR).

Required Documentation for Comoros forex license application includes:

  • Articles of Association and Memorandum of Association
  • Comprehensive business plan detailing proposed forex trading activities, strategies, risk management, and financial projections
  • CVs and copies of passports for founders, directors, and key personnel
  • Proof of financial capability (e.g., bank statements) to meet capital requirements
  • Audited financial statements for the past few years
  • Ownership structure breakdown, including shareholder details
  • AML/CFT compliance documentation
  • Technology infrastructure details (trading platforms, cybersecurity measures)
  • Compliance manual outlining regulatory adherence
  • Operational plan detailing forex business activities
  • Proof of insurance coverage (errors and omissions or client fund protection)

Navigating these requirements requires careful preparation and adherence to regulatory standards. Contact our team for tailored guidance on securing your Comoros forex license efficiently and compliantly.


Establishing a forex company in the Comoros Islands, particularly as an International Business Company (IBC), offers simplicity, flexibility, and tax advantages to non-resident owners. Here’s a streamlined guide on how to establish an IBC in the Comoros Islands:

Main Requirements for a Comorian IBC:

  • At least one shareholder (individual or legal entity)
  • At least one director who can be the same as the shareholder
  • A registered agent and office address on the chosen island
  • Steps to Open an IBC in the Comoros Islands:
  • Check Company Name Availability: Ensure your chosen company name complies with local naming regulations.
  • Appoint a Registered Agent: This agent will act as the company’s local representative and receive official communications.
  • Draft Necessary Company Documents: Prepare required documents demonstrating compliance with national regulations.
  • Submit Documents and Pay Fees: Send all documents to the registered agent and pay incorporation fees specified by the business registry.
  • Company Registration: The registered agent submits the documents to the relevant registrar of companies on the chosen island.
  • Apply for Forex License: After company registration, apply for a forex license from the regulatory authority on the chosen island.
  • Open Bank Account: Establish a bank account for the IBC to manage finances locally or internationally.
  • Register with Tax Authorities: Complete registration with local tax authorities.

Required Documents for IBC Registration:

  • Memorandum of Association and Articles of Association
  • Notarized copies of passports for shareholders and directors
  • Proof of address for shareholders and directors
  • Comprehensive business plan
  • Proof of minimum required capital possession
  • Information about the registered agent
  • Compliance documents outlining adherence to regulations, including Anti-Money Laundering/Counter-Financing of Terrorism (AML/CFT)
  • Legal opinion letter confirming legality and compliance with laws
  • Proof of paid registration fees

The registration process can be conducted in English, simplifying communication with regulatory authorities. Physical presence in the Comoros Islands is not required, enabling entrepreneurs and investors worldwide to establish an IBC without extensive travel. Contact us for tailored guidance on setting up your forex business in the Comoros Islands efficiently and compliantly.


Applying for a forex license in the Comoros Islands is a streamlined process known for its efficiency, typically taking 2 to 4 weeks for approval. Follow these steps to secure your Comoros forex license:

Steps to Apply for a Comoros Forex License:

Prepare Required Documents: Gather all necessary documents specified by the regulatory authority of the chosen Comorian island.

Pay Application Fees: Submit applicable application fees as required.

Submit Application Package: Complete the application form and submit it along with all required documents to the regulatory authority.

Undergo Due Diligence Checks: Expect to undergo due diligence and background checks as part of the application review process.

During the application review, the regulatory authority may request additional information or clarifications if needed. To expedite the process, consult with our experienced legal team who will guide you through the application to ensure completeness and compliance with regulations.

Upon approval, the regulatory authority will issue your forex license, enabling you to commence forex operations in the Comoros Islands swiftly and efficiently.

Secure your Comoros forex license with confidence. Contact us for expert assistance in navigating the application process and launching your forex business successfully in this advantageous jurisdiction.

Continued Responsibilities for Forex License Holders in the Comoros Islands

After obtaining a forex license in the Comoros Islands, licensees must adhere to ongoing requirements to ensure compliance with local regulations and operate legally. Here are the essential ongoing obligations for Comoros forex licensees:

Record-Keeping: Maintain accurate and comprehensive records of all transactions, client information, and financial activities as per regulatory guidelines to ensure transparency and accountability.

Financial Reporting: Submit periodic financial statements, transaction reports, and compliance reports demonstrating continuous adherence to national regulations.

AML/CFT Compliance: Implement robust Anti-Money Laundering/Counter-Financing of Terrorism (AML/CFT) procedures, including Know Your Customer (KYC) practices, to conduct thorough due diligence on clients, verify identities, and monitor transactions for unusual or suspicious patterns.

Risk Management: Continuously enhance risk management procedures aligned with local regulations, including setting exposure limits, employing hedging techniques, and devising liquidity risk management measures to ensure financial stability and meet client demands during market volatility.

If you’re considering starting a forex trading business and obtaining a forex license in the Comoros Islands, our team at Regulated United Europe can assist you in incorporating a forex company and navigating the license application process. We also offer guidance on finding a viable forex license for sale and purchasing a ready-made solution efficiently.

With our dedicated legal advisors, tax experts, and financial accountants, you can embark on establishing a forex business in the Comoros Islands with ease, transparency, and confidence. Contact us today to schedule a personalized consultation and lay the groundwork for enduring success in the forex industry. Start your journey towards forex business success in the Comoros Islands with expert support and guidance!


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