Valsen Fiduciaries has been the preferred partner for investors seeking to register a credit token business in Labuan. Credit token business is defined as any business where a token, being a cheque, card, voucher, stamp, booklet, coupon, form or other document or thing is given or issued to a person (referred to as “customer”) by the person carrying on the business (referred to as “issuer”), whereby such issuer undertakes that:
- On the production of the token, whether or not some other action is also required, the issuer will supply cash, goods or services on credit; or
- Where, on the production of the token to a third party, whether or not any other action is also required, the third party supplies cash, goods or services, the issuer will pay the third party for them, whether or not deducting any discount or commission, in return for payment to be made thereafter to the issuer by the customer.
Government Fees
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Type of Fees |
Amount |
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|
Annual Fees |
RM 40,000 |
USD 13,000 |
|
|
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Our Services
Valsen offers a suite of services tailored to the unique requirements of each securities dealer or forex brokerage business, accommodating any business model. From inception until the launch of full operations, Valsen has years of experience as a dedicated partner. We offer a comprehensive Turnkey Package that includes:
- Assistance in company formation and obtaining necessary licenses
- Opening of corporate bank accounts
- Multiple front ends with your own corporate branding: MetaTrader 5, Web MT5, MT5 Mobile, MT5 White Label
- Robust and bullet proof MT4 Bridge OMS
- Provision of Enterprise Risk Management Software
- Sourcing of prime Brokerage Service and Institutional Liquidity
- Payment and merchants service solutions for accepting electronic payments
- Provision of virtual hardware hosting
Sourcing of dealing Interface to manage your brokerage clearing account
Why Valsen
- We will advise you on the optimal legal structure for your requirements, size, expectations and circumstances. We have extensive knowledge of a wide range of legal structures in all major jurisdictions. (Securities, Banking, Insurance, Investment Management, Gaming and many more)
- Valsen will assist to complete every form for each process in the best way we know how (Based on our many years’ experience with various regulators and service providers across the world)
- Valsen will assist in preparation of winning business plans based on our superior understanding of regulator expectations and requirements
- We are very hands on in the post filing period checking with re regulator and service providers and updating you regularly. Any queries raised by the regulators and service providers during processing will be quickly synthesized by us and we shall craft the right responses to move the process forward fast.
- We can provide you with fit and proper directors in case you need. We have a wide network of qualified and experienced lawyers, chartered accountants, chartered financial analysts, wealth managers, FX experts, Investment advisors etc. of international pedigree.
- We have a full in-house compliance support for all compliance requirements with the regulator and service providers
- Through our extensive network, we provide sign up services with major service providers including but not limited to; Liquidity providers, technology providers, custodians, prime brokers, legal advisors, auditors, payment gateway providers among others.