Here are presented South African broker companies for sale.
Overview of South African broker companies for sale
Category 1 (non-derivative).
- There is no software included in this package. Bank accounts (both corporate and personal) are held with a local bank.
- Personnel: a key individual, a director, and an anti-money laundering officer. After a change of ownership, employees may stay on. Accountant services are also available upon request.
- There must be a physical office.
- There are no debts, litigation, assets, or clientele.
- It could take up to 7 business days to change ownership.
- Reason for sale: There is no need to continue with this business.
With derivatives, category 1
- There is no software included in this package. Bank accounts (both corporate and personal) are held with a local bank.
- Personnel: a key individual, a director, and an anti-money laundering officer. After a change of ownership, employees may stay on. Accountant services are also available upon request.
- There must be a physical office.
- There are no debts, litigation, assets, or clientele.
- It could take up to 7 business days to change ownership.
- Reason for sale: There is no need to continue with this business.
Fund management and other services are included in category 2.
- This idea has the potential to function as a hedge fund.
- There is no software included in this package. Bank accounts (both corporate and personal) are held with a local bank.
- Personnel: a key individual, a director, and an anti-money laundering officer. After a change of ownership, employees may stay on. Accountant services are also available upon request.
- There must be a physical office.
- There are no debts, litigation, assets, or clientele.
- It could take up to 7 business days to change ownership.
- Reason for sale: There is no need to continue with this business.
Disclaimer: The following is the standard method for entering the DD&SPA stages: all documentation for DD may be submitted with a signed letter of intent, a scan of the possible buyer’s passport, proof of address, and proof of finances. The letter of intent will be arranged with a refundable fee, and the DD should be completed within 10 days. If the DD is satisfied, the final step is to sign the SPA. Companies may be paid in bitcoin or by wire.
Incorporation in a Foreign FSP Jurisdiction – Mauritius
- Financial Service Provider Category I License Type (Sub-categories: Shares & Derivatives)
Date of Issue -2019
- FSCA (South Africa) is a regulatory body.
- Personnel – Director, Key Individual, and Compliance Officer (outsourced) (all willing to remain)
- In Mauritius, there is only one local bank account.
- South Africa’s Exchange Control system does not apply to the corporation.
You can see more interesting offers in the category “Forex Broker License”.
