South Africa – FSP Licence (Category 1.13)
South Africa – FSP Licence (Category 1.13)
Main Details:
• Licensed Financial Service Provider issued in 2023
• Licence category: 1.13
- Includes shares and crypto-related permissions
• No existing book of business
• No active clients
Regulatory & Capital:
• No fixed capital requirement
- Capital based on operational expenses
• Share capital structured as 1,000 shares
- Nominal value: one rand per share
Operations & Staffing:
• Local staff already in place
• Operational structure ready for transition
Banking:
• Local bank account available
• Support possible for opening additional local accounts
Ownership & Timing:
• Ownership transfer possible within 2 weeks
• Name change completed within an additional 2 weeks
Additional Information:
• Financial information available upon request after NDA/KYC
Financials (USD)
Asking Price Not Disclosed
Converted From EUR
Exchange Rate $1.17
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