Comoros Mwali International Brokerage and Clearing House License.
A Mwali-based brokerage and clearing house license issued under the Mwali International Services Authority (MISA). Suitable for FX and CFD operators seeking a niche jurisdiction with realistic substance expectations.
Licence overview
Important: JY Global does not act as broker, market maker, principal, counterparty or product issuer. Our role is coordination only.
The licensing process may involve company incorporation, document preparation and regulator review. JY Global's role is limited to project coordination and preliminary compliance input.
Comprehensive guide to licensing
Company structure
- Minimum of one shareholder, who can be a natural person or legal entity
- At least one director (foreign residents are allowed)
Confidentiality
- Beneficial owners' details — not disclosed to the Authorities
- Shareholders' details — not part of public record
- Directors' details — not part of public record
Taxation
Comoros is a 0% taxation jurisdiction.
Accounting requirements
- No requirement to file an annual report
Secretary
Required.
Registered office
Not required.
Steps to obtain licence
- 1Collection and review of documents in accordance with the legislation requirements
- 2Incorporation of the underlying International Business Company (IBC)
- 3Preparation and filing of the licence application package
- 4Liaison with MISA on follow-up queries and final approval
- 5Handover of licence pack and ongoing compliance setup
Standard documents
- Certified copy of passport for each director and shareholder
- Recent proof of residential address (utility bill or bank statement)
- Notarised resume / CV for each director
- Bank reference letter for each director and shareholder
- Professional reference letter (lawyer / accountant)
If holding company (shareholder is a company)
- Certificate of Incorporation of holding entity
- Register of directors and shareholders
- Latest audited financial statements (if available)
* Subject to legal review, eligibility assessment, regulatory approval and local professional advice. No approval or timeline is guaranteed.
Tell us about your structure. We'll tell you what's realistic.
A senior advisor reviews eligibility, beneficial-ownership and substance requirements before any application begins. Initial conversations carry no engagement fee.
3076 Sir Francis Drake’s Highway
Road Town, Tortola VG1110, British Virgin Islands