The application for Canadian license is that we first register the Canadian company for free, and the address and responsible manager are provided by us. The time is 10 working day. After that, the lawyer will apply for a license, and the compliance officer will complete all the information and copywriting qualification in the process of license application, and the time is about 15 working days.
Canadian license does not need to rent a physical address, so there is no monthly maintenance fee. The license needs to be maintained every 2-3 years, and the company can conduct a normal annual review every year.
Canada's FTR license application provides information of directors: identity, high-definition scanned passport or front and back photos, company name (All-British Capital Co., Ltd.), and Archipelago Holdings provides electronic documents or scanned copies of archipelago company registration certificate, articles of association and agent's letter. Canada MSB doesn't need to pay a deposit, and it is fast, with few complaints and good reputation. It is one of the few AA-class licenses in China that do not need to pay monthly fees. At present, among all AA regulatory licenses, Canada FTR MSB license has the highest cost performance.
If you run a business in Canada and provide the following services to the public, you are a currency service: foreign exchange transaction: you can exchange one currency (US dollars for Canadian dollars) for another currency. Payment of funds: the transfer of funds from one individual or organization to another through an electronic fund transfer network or any other place. Exchange or sell money orders, traveler's checks or anything similar: this may also include exchange or sale of traveler's checks or anything similar.