Alternatively, we can help you to setup a company in Countries where a financial license is not required, like
Saint Vincent. For obvious reasons this is a much cheaper and quicker option. However, please note that the
reputation of these jurisdictions might make it harder to acquire larger clients; moreover opening a bank
account for an unlicensed entity offering financial services is usually challenging.
Finally, please note that due to recent changes in their regulations, requirements and procedures, we no
longer advise our clients to apply for a license in the following jurisdictions: BVI, Seychelles, Mauritius, New