International Brokerage & Clearing House License

International Brokerage & Clearing House License


This website provides information about a government issued International Brokerage and Clearing House License which allows the license holder to engage in activities such as brokering, issuing and underwriting of securities, asset management, transaction clearing, fund management, payment processing, currency trading and financial advisory.

Please review the License section of our website for details about application procedure, due diligence requirements and relevant license fees.


The International Brokerage & Clearing House License introduced in 2007 allows for the license holder to engage in activities such as:  

  • Stock Brokerage
  • Securities Brokerage
  • Financial Advisory
  • Asset Management
  • Fund Management
  • Custody Services
  • Transaction Clearing
  • Payment Processing
  • Currency Trading (FOREX)
  • Issuance of Securities
  • Underwriting of Securities  

In order to apply for a license the applicant must first establish an International Business Company (IBC) in Comoros. This process takes approximately 48 hours from receipt of the relevant documentation. The IBC should have a minimum of one director who can be of any nationality and resident anywhere. The IBC should have a minimum of one shareholder which can be an individual also acting as director or a Company registered in any other jurisdiction.

The IBC applying for a license should have a minimum capital of EUR 250.000.


The license described on this website is issued by the Offshore Finance Authority of Anjouan, Union of the Comoros. The Islands of Comoros are located in the Mozambique Channel in the Indian Ocean. Nearby offshore jurisdictions and popular tourist destinations include the Seychelles and Mauritius. Comoros experienced a period of political instability after gaining independence from France in 1975, with individual islands declaring independence from the Republic. The period of instability and uncertainty was ended through the Fomboni Accord in 2000, through which each island was given autonomous status within a Union. Comoros has enjoyed political stability and a healthy economic growth since the creation of the Union. Growth sectors include the offshore financial services industry and international tourism.

Comoros Country Facts:

Official Language:French
Government:Federal Republic
Independence:From France 1975
Independence Declared:1975
Independence Recognition:1975
UN member since:1975
Area:2,170 km2
Currency:Comorian Franc (KMF)
Time Zone:UTC +3
Calling Code:+269
Internet TLD:.KM


The government of Anjouan passed several new laws in 2005 in order to create a modern and attractive legal framework for international business as well as to ensure that the jurisdiction is in compliance with international regulations and recommendations relating to anti money laundering and anti terrorist funding measures. The mission of the Offshore Finance Authority is to maintain a business friendly environment with light regulation while respecting international conventions and standards. The following laws were adopted in 2005:

Exchange of Information Act – 001 of 2005
Registered Agent and Trustee Licensing act – 002 of 2005
Registered Agent and Trustee Licensing Regulations – 002A of 2005
Offshore Finance Authority Act – 003 of 2005
International  Business Companies Act – 004 of 2005
International Business Companies Regulations – 004A of 2005
International Bank Act – 005 of 2005
International Bank Regulations – 005A of 2005
International Insurance Act – 006 of 2005
International Insurance Regulations – 006A of 2005
Internet Gaming Act – 007 of 2005
Internet Gaming Regulations – 007A of 2005
Anjouan Money Laundering Prevention Act – 008 of 2005

For further details, please visit the official website of the Offshore Finance Authority and the Government of Anjouan:

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