Seychelles Brokerage License

How to Obtain a Securities Dealer License in Seychelles

A Securities Dealer License in Seychelles grants legal authorization to engage in a broad range of securities-related activities, including buying, selling, subscribing for, and underwriting securities, as well as managing investment portfolios on behalf of clients. This license is essential for companies acting as intermediaries in the securities market—whether they are executing client orders, trading on exchanges, or publicly offering such services.
Seychellois regulations provide for both a standard license and a Restricted Securities Dealer License, depending on the scope and nature of the business. In certain cases, companies recognized as overseas brokers and licensed to trade on a Seychelles securities exchange may qualify for an exemption from licensing requirements (designated as Exempt Overseas Securities Dealers).

Company Requirements

To be eligible for licensing, the applicant must be a legal entity incorporated either in Seychelles or in a jurisdiction recognized by the Seychelles Financial Services Authority (FSA). The company must have at least two directors who are natural persons and meet the regulatory "fit and proper" criteria—demonstrating adequate experience, integrity, and professional reputation.
Additionally, the company must employ at least one individual licensed as a Securities Dealer Representative. A minimum paid-up capital of USD 50,000 is required.

Additional requirements for the company

Further requirements include:

Appointing a competent and qualified compliance officer;
Maintaining a physical office in Seychelles;
Establishing internal controls and adequate procedures for recordkeeping and compliance;
Securing professional indemnity insurance in accordance with Section 73 of the Securities Act.

The applicant must also prove financial soundness and the capacity to meet ongoing compliance obligations, including capital adequacy and regulatory reporting requirements.

Required Documentation

An application for a Securities Dealer License must be submitted to the FSA and include the following:

A signed cover letter;
A completed application form;
Proof of payment of application fees: USD 1,500 for the Securities Dealer License and USD 500 for the Representative License;
Certified true copies of the company’s constitutional documents;
Personal Questionnaire Forms for all directors, representatives, the compliance officer, and other key individuals (exempt if the company is publicly listed on a recognized exchange);
Individual questionnaire forms for all shareholders and ultimate beneficial owners who do not hold management positions.
All documents must be submitted in English and properly certified.

Application Process

Once the application and fees have been submitted, the FSA will issue a formal acknowledgment and conduct an initial assessment to ensure completeness. If deficiencies are found, the application will be returned with guidance on required corrections. If complete, the FSA will proceed with a full review, which may include requests for further documentation or clarification.
Upon conclusion of the review, the FSA will either approve the license or issue a rejection. It is important to note that submitting false or misleading information during the application process is a criminal offense under Seychelles law.

Obtaining a Securities Dealer License in Seychelles involves detailed regulatory preparation, comprehensive documentation, and a thorough understanding of legal obligations.

Law&Trust International offers full-scope support throughout the entire proces

From strategic planning and company formation
To regulatory liaison and documentation.

Your reliable partner in obtaining a license

Our team of experienced legal advisors and financial consultants brings years of expertise in financial licensing. We offer turnkey solutions tailored to your needs, including assistance with staffing, opening bank accounts, and organizing operational infrastructure.
Contact us today for a personalized consultation and take the first step toward launching your licensed securities business in Seychelles.