What it takes to obtain Securities dealer (FX/CFDs), VASP in Seychelles: the regulator, minimum capital, local substance, typical timeline and how hard it is to open a corporate bank account, based on regulator publications as of October 2026.

Lower capital and costs, but banks and counterparties may scrutinise offshore licensees closely. Real management and compliance are essential.

Key facts (October 2026)

Capital and fees are taken from regulators' rules and publications (October 2026), in local currency, and are confirmed case by case before applying.

What to consider

• Securities dealer: US$3,000 application, US$6,000 annual licence fee (after the 2024 amendment).
• Since 2024 applicants must evidence permission to solicit or accept clients in their clients' countries; serving Japanese residents requires Japanese registration.
• VASPs are licensed under a 2024 Act and need a staffed local office and a resident director.

FAQ

What is the minimum capital for a financial licence in Seychelles?

Securities dealer US$100k paid-up (doubled in 2024) / VASP exchange US$100k. Requirements can rise with the activities and size of the business.

How long does licensing take in Seychelles?

FSA standard: 30 working days from a complete application. Missing documents extend the timeline, so preparation matters.

Do I need staff or an office in Seychelles?

2+ directors incl. one full-time resident; local office. Nominee-only structures are not accepted; real management and compliance are expected.

Can I open a corporate bank account in Seychelles?

Capital must be held with a Seychelles bank or a bank in an FSA-recognised jurisdiction. We recommend preparing banking in parallel with the licence application.

Other options in Offshore centres