Company Registration
BVML can register your company efficiently and cost-effectively in the following jurisdictions through our offices.
Countries Available for Company Setup:
Pricing Structures
Pricing list last updated: March 2024.
ASIA PACIFIC
- HONG KONG ($1500)
- SINGAPORE ($2100)
- MARSHALL ISLANDS ($900)
- SAMOA ($1300)
- LABUAN ($3000)
- VANUATU ($2000)
EUROPE
AMERICAS/CARRIBEAN
- BRITISH VIRGIN ISLANDS ($1000)
- DELAWARE ($750)
- BELIZE ($700)
- CAYMAN ($3500)
- ANGUILLA ($700)
- BAHAMAS ($1500)
MIDDLE-EAST
AFRICA
How Long Does the Registration Process Take?
The time required to register a company varies significantly based on the country where you choose to establish it. Factors such as the necessary documents, the availability of online processes, and the time needed to validate your incorporation all influence the registration timeframe.
With BVML’s company formation services, these delays can be minimized. Some jurisdictions allow for business registration in as little as 1-2 days, while others may take several weeks. For example:
- Hong Kong, Ras al-Khaimah (UAE), or Seychelles: 1-2 days
- London, England: 2 days
- Netherlands or Portugal: Up to 2 weeks
- Dubai International Financial Centre (DIFC): 3-4 weeks
- Kingdom of Saudi Arabia: 2-3 months
(Timeframe excludes bank account opening)
Our expertise ensures a streamlined registration process, helping you launch your business as quickly as possible.
SPECIAL LICENSES
Belize
| License Name | Time frame | Price |
|---|---|---|
| 1. Money Transmission and Payment Processing | 3 – 5 weeks | US$ 7,000 |
| 2. Public mutual fund | 2 Weeks | US$ 6,500 |
| 3. Registration of Fund Manager and Administrator for mutual fund | 3 Weeks | US$ 9,900 |
H.Kong
| License Name | Time frame | Price |
|---|---|---|
| 1. Services-Based Operator (SBO) License | 12 days | US$ 6,400 |
| 2. Money Service Operators Licensing (International) | 9 days | US$ 5,500 |
Singapore
| License Name | Time frame | Fee |
|---|---|---|
| 1. Services-Based Operator (SBO) License | 7 days | US$ 1,200 |
| 2. Singapore Stored Value Facility (SVF) License | 7 days | US$ 3,900 |
| 3. Travel Agency License | 12 days | US$ 1,500 |
Vanuatu
| License Name | Time frame | Price |
|---|---|---|
| 1. Securities/Stock, Forex License | 12 days | US$ 8,000 |
Seychelles
| License Name | Time frame | Price |
|---|---|---|
| 1. Forex trading license | 14 days | US$ 9,600 |
| 2. Payment service provider | 9 days | US$ 10,500 |
Malta
| License Name | Time frame | Price |
|---|---|---|
| 1. I-Gaming License services in Malta | 1 months | US$ 7,000 |
| 2. Malta Alternative Investment Funds License | 2 months | US$ 18,000 |
| 3. Malta Payment Service Provider License | 2 months | US$ 13,000 |
Cyprus
| License Name | Time frame | Price |
|---|---|---|
| 1. E-Money & Payment Institutions | 3-4 Weeks | US$ 9,000 |
A Payment Service Provider (PSP) license is essential for several reasons:
- Legal Compliance: A PSP license ensures that your business complies with the legal and regulatory requirements of the financial authorities in your jurisdiction. Operating without a license can lead to severe penalties and legal actions.
- Trust and Credibility: Having a PSP license enhances your business’s credibility and trustworthiness among customers, partners, and financial institutions. It shows that your company adheres to industry standards and regulations.
- Access to Banking Services: Many banks and financial institutions require a PSP license to offer services like opening merchant accounts, processing payments, and other banking facilities. A license facilitates smoother interactions and partnerships with these institutions.
- Customer Protection: Regulatory bodies often impose strict guidelines on licensed PSPs to ensure the protection of customer funds and data. This helps build customer confidence and trust in your services.
- Market Expansion: A PSP license allows you to operate legally in multiple regions, facilitating business expansion and entry into new markets. It also enables you to offer a broader range of payment services and solutions.
- Operational Security: Regulatory oversight requires PSPs to implement robust security measures and comply with anti-money laundering (AML) and counter-terrorist financing (CTF) regulations, which enhance the overall security of your operations.
- Competitive Advantage: Holding a PSP license can give you a competitive edge over unlicensed operators, as it demonstrates your commitment to maintaining high standards and regulatory compliance.
- Innovation and Growth: A licensed PSP can explore and implement new payment technologies and solutions, fostering innovation and growth within the financial services sector.
In summary, obtaining a PSP license is crucial for legal compliance, enhancing credibility, protecting customers, accessing banking services, expanding markets, ensuring operational security, gaining a competitive advantage, and fostering innovation and growth.
