Zurich

Kyiv

London

Tallinn

Vilnius

New York

AFSL license obtaining in Australia for sale

Published:

March 4, 2021

Share it:

This is a new investment opportunity - Obtain Your AFSL(Australian Financial Services Licence) with Professional Support . Please check out the main details regarding this proposal below.

Australian Financial Services License (AFSL) is a unique instrument which is used by a various financial institutions worldwide

By having AFSL for your business you will be able to conduct following activity:

– offer multi-currency accounts

– over-the-counter foreign exchange contracts

– electronic money remittance services

– Debit Card issuance and service

– Crypto Currency accounts and payments

– Insurance services

– Loans and Finance

– Forex

– Investment products

Applying and obtaining AFSL is not an easy process. It requires a proper preparation of all documents, business plan, cash-flow forecast, compliance procedures, outsource procedures, internal policies and other important required documents. Our services includes drafting of all needed paperwork by a professional legal specialists.

One of conditions of obtaining AFSL (for most activities under this license) is registration with AUSTRAC – regulating body for a compliance. This is an additional procedure which is not as complex as license itself, but also requires substantive input.

REQUIREMENTS:

Australian company
At least one local director with financial operations background
Financial stability of shareholders
Clean criminal record worldwide

NOT REQUIRED:

Australian shareholders
Minimum capital
Security deposits
Insurance
Audit

TIMEFRAME:

Paperwork preparation usually takes 3-4 weeks.

AFSL Application review and approval – 1-3 months. The less shareholders – the faster process.

As a standard we indicate 3 months to have license approved and issued.

TAXES:

Taxation in Australia is a complex procedure which can be avoided by using specific accounting software XERO, which would automatically calculate all tax obligations and allows to make necessary adjustments to comply with business activities. Normally there is a NIL tax on most services provided to clients outside Australia. (specific rates for activity can be sourced from our partner-accounting firm)

The AFSL Package we offer includes:

– AFSL paperwork and application

– Company registration

– Australian Bank Account (AUD, EUR, USD)

– AUSTRAC Membership (3 months)

– Nominee Local Director (1 year)

– Office allocation and setup (Desk, PC, phones, printer, signage etc.)

– Office lease (1 month)

– Secretary allocation and employment (1 month wages)

– Company simple website development for AFSL purposes

– First tax department reporting at the end of the year

For details: Julia.z@eternitylaw.com / Telegram @juliazhil

Please feel free to join our telegram channel in order to keep updated for the new offers and ready-made companies for sale.

Every week we have new jurisdiction to offer a ready-made turn-key solution! We work worldwide.

Please contact us to get more information regarding companies on sale.

You could be interested

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.