<p class=“MsoNormal“>In the present article, the <a target=“_blank“ href=“https://www.utip.org/“ target=“_blank“>UTIP Technologies</a> specialists pointed out the
advantages of working without license for forex brokers and common
non-regulated jurisdictions.</p><p>Why registering a forex-company in unregulated areas is worthy?</p><p class=“MsoNormal“>Non-regulated
jurisdictions, also known as offshore zones, are popular because of low or zero
taxation and various perks. Unregulated brokers are free from making a number
of procedures, providing financial reports and doing other activities.
Meanwhile, their licensed colleagues are required to perform it regularly. </p><p class=“MsoNormal“>As
an example, regulatory authorities underway monitoring procedures in the
offshore jurisdictions. But an unregulated broker is immune to it.</p><p class=“MsoNormal“>Benefits of selecting an offshore jurisdiction for company registration:</p><ul><li>A low-priced company registration;</li></ul><ul><li>Coherent procedure for opening a company and further
maintenance;</li><li>A
completely remote registration process, no cost of visiting the country,
maintaining the office and its staff;</li><li>A
minimum set of documents for registration;</li><li>1-month
company registration period.</li></ul><p>Unregulated jurisdiction is the most favorable option
for novice brokers. The reason is that a new entrant can make the most of money
saved on the license. For example, to invest in high-quality lead flow, connect
several payment solutions including a cashier one etc. </p><p>The most common non-regulated
jurisdictions</p><p class=“MsoNormal“>SVG. Saint Vincent and the Grenadines
is one of the most popular countries for conducting Forex activities without a
license. An island nation in the Caribbean Sea. We have already mentioned
that there are many large forex-brokers working there.</p><p class=“MsoNormal“>MI. The Marshall Islands have
no local forex trading regulatory bodies either. This is an island state washed
by the Pacific Ocean. </p><p class=“MsoNormal“>Differences between SVG and MI:</p><ul><li>Price and time: cheaper but longer to register a
company on SVG.</li></ul><ul><li>Set of documents for registration: fewer documents are
required on MI.</li></ul><p class=“MsoNormal“>Needless to say, an
offshore registration has its pros and cons. </p><p class=“MsoNormal“>One of the main advantages the
brokers find offshore jurisdictions cost-efficient, is the taxation system.
Minimal taxes or their absence let companies significantly reduce operating
expenditures. </p><p class=“MsoNormal“>None the less, brokers
should be aware of required professional knowledge and Forex market-experience
for working in the offshore jurisdictions. We are always ready to assist in
registering a company in the offshore jurisdictions. </p><p class=“MsoNormal“>If the question of
registering a company on SVG or MI is relevant to you, we are pleased to give
you a more detailed information. </p><p class=“MsoNormal“> Follow the <a target=“_blank“ href=“https://www.utip.org/#send-message“ target=“_blank“>UTIP website</a> to get more information
about these and other special offers.</p>
advantages of working without license for forex brokers and common
non-regulated jurisdictions.</p><p>Why registering a forex-company in unregulated areas is worthy?</p><p class=“MsoNormal“>Non-regulated
jurisdictions, also known as offshore zones, are popular because of low or zero
taxation and various perks. Unregulated brokers are free from making a number
of procedures, providing financial reports and doing other activities.
Meanwhile, their licensed colleagues are required to perform it regularly. </p><p class=“MsoNormal“>As
an example, regulatory authorities underway monitoring procedures in the
offshore jurisdictions. But an unregulated broker is immune to it.</p><p class=“MsoNormal“>Benefits of selecting an offshore jurisdiction for company registration:</p><ul><li>A low-priced company registration;</li></ul><ul><li>Coherent procedure for opening a company and further
maintenance;</li><li>A
completely remote registration process, no cost of visiting the country,
maintaining the office and its staff;</li><li>A
minimum set of documents for registration;</li><li>1-month
company registration period.</li></ul><p>Unregulated jurisdiction is the most favorable option
for novice brokers. The reason is that a new entrant can make the most of money
saved on the license. For example, to invest in high-quality lead flow, connect
several payment solutions including a cashier one etc. </p><p>The most common non-regulated
jurisdictions</p><p class=“MsoNormal“>SVG. Saint Vincent and the Grenadines
is one of the most popular countries for conducting Forex activities without a
license. An island nation in the Caribbean Sea. We have already mentioned
that there are many large forex-brokers working there.</p><p class=“MsoNormal“>MI. The Marshall Islands have
no local forex trading regulatory bodies either. This is an island state washed
by the Pacific Ocean. </p><p class=“MsoNormal“>Differences between SVG and MI:</p><ul><li>Price and time: cheaper but longer to register a
company on SVG.</li></ul><ul><li>Set of documents for registration: fewer documents are
required on MI.</li></ul><p class=“MsoNormal“>Needless to say, an
offshore registration has its pros and cons. </p><p class=“MsoNormal“>One of the main advantages the
brokers find offshore jurisdictions cost-efficient, is the taxation system.
Minimal taxes or their absence let companies significantly reduce operating
expenditures. </p><p class=“MsoNormal“>None the less, brokers
should be aware of required professional knowledge and Forex market-experience
for working in the offshore jurisdictions. We are always ready to assist in
registering a company in the offshore jurisdictions. </p><p class=“MsoNormal“>If the question of
registering a company on SVG or MI is relevant to you, we are pleased to give
you a more detailed information. </p><p class=“MsoNormal“> Follow the <a target=“_blank“ href=“https://www.utip.org/#send-message“ target=“_blank“>UTIP website</a> to get more information
about these and other special offers.</p>
This article was written by ForexLive at forexlive.com.