We will assist you in registering a Money Services Business (MSB) in Canada, for ONLY 13.999.00 EUR, including the company’s Bank Account!
Welcome to your comprehensive solution for launching a fintech business with Canadian MSB registration! Opting for Canadian MSB is a savvy alternative to European PSPs and EMIs, offering distinct advantages for your financial ventures.
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Why Canadian MSB?
Presence in Canada, Clients Worldwide
We have a robust presence in Canada and serve a diverse clientele, from startups and established businesses to unicorn companies around the world. Our services reach clients in Europe, Africa, Latin America, and Asia.
Beyond MSB Registration: Full Operational Support
Our expertise extends far beyond MSB registration. We provide comprehensive support to launch fully operational payment businesses, including the opening of correspondent accounts, establishing remittance corridors, and more.
Fintech Practitioners, Not Just Consultants
We are dedicated fintech practitioners with an extensive network of partners and a deep understanding of best practices. This enables us to ensure a seamless and stress-free launch and operation of payment businesses.
The Advantages of Canadian MSB
01 — Dealing in virtual currency
02 — Remitting funds
03 — Issuing or redeeming money orders, traveler’s cheques or anything similar
04 — Foreign exchange dealing
05 — PSP
06 — Issuing cards & IBANs
07 — Crowdfunding platform services
Initial Capital
FINTRAC has not set a minimum initial capital. However, paying a certain amount of the share capital is advisable to show the seriousness of intention for business planning and development.
Virtual office
It is enough to have a registered office. There are no requirements for renting a real office.
Reports to FINTRAC
- MSB must submit the following reports to FINTRAC:
- Suspicious transaction reports
- Terrorist property reports
- Large cash transaction reports
- Large virtual currency transaction reports
- Electronic funds transfer reports
Representation
Representation of passports, utility bill and CV from shareholder’s, director’s and compliance officer’s side. No sanctioned candidates should be involved in the process of obtaining MSB or when MSB is operational.
Benefit from our highly competitive pricing
✔ Full support from A to Z
✔ Obtaining of MSB
✔ Reservation of the company’s preferred name
✔ Canadian LTD registration
✔ Preparation of individual AML Policy
✔ Set of documents (incorporation application, share certificate, certificate of incorporation, AoA, Articles of Incorporation, register of shareholders and directors etc.)
✔ Liaising with FINTRAC
✔ Search for Anti-Money Laundering officer
✔ Virtual address for 6 months
✔ Corporate account (per request)
Let our experts guide you through the process of establishing your MSB, nimbly avoiding the bumps in the road.
Other Services
GMC Swedish Trusts / U.S. Money Service Business (MSB)
The entity could be used to manage Cash, Securities or any type of assets, including all cryptocurrency activities, for clients worldwide. Turn-key packages offered with On-line Banking Software (EBANQ), and (optionally) with a U.S. Money Service Business (MSB) Company, and a U.S. Statutory Trust! Starting from EUR 28,000.00.
Financial company setups in Kazakhstan
A “Silk Road” country Financial Services licensed company by the Ministry of Finance for Payment Services Provider, EMI, FX/Brokerage and Cryptocurrencies with accreditation from the National Bank of Kazakhstan.
Service international customers, work without regulators’ intervention and enjoy a maximum of flexibility — conduct your business just like in the good old days.
The affordable hybrid setup for a financial company without any capital requirements – and even Nominee involvements possible.
Seychelles Forex & Brokerage Offshore Licenses (FX)
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Comoros Forex Licenses
Comoros is one of the comfortable locations for business, most notably in the field of investments and finance. Thanks to its favorable geographical location and no income tax, the Comoros attracts numerous investors and entrepreneurs from all over the world who are looking for favorable conditions for the development of their business.
Look to us for your Electronic Money Institution licensing needs!
Whether you’re a seasoned professional in the financial industry, an entrepreneur looking to venture into the digital payment space, or an academic seeking to deepen your understanding of electronic money, EMI Licensing is your go-to resource. Explore our offers in Canada, Lithuania, and United Kingdom.
Establish an offshore presence in the autonomous island of Anjouan, Union of Comoros
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Register for Kahnawake gaming licenses, both online interactive and land based gaming
Kahnawake is a respected gaming jurisdiction in Canada, known for its reliable licensing and regulatory standards. Since 1996, the Kahnawake Gaming Commission has provided a trusted, secure environment for online gaming operators, prioritizing fair play and player protection.
Who We Are
We are Global Money Consultants
By way of background, Global Money Consultants S.A. is an established and reliable provider — since 1985 — of offshore, onshore and international company formation services. Our client base is diverse and includes consultants, expatriates, entrepreneurs, financial institutions, corporations, legal and accountancy professionals and also individual clients.
Looking for help? Get in touch with us
