A Securities Token Exchange License opens the possibility to be a key player in the rapidly growing world of tokenized securities. With various forms of securities including shares, bonds, and debentures being issued in the form of security tokens, a securities token exchange is similar to a stock exchange for the future.
A Securities Token Exchange can also be used to conduct a Securities Token Offering which is similar to an initial token offering for securities. A Kazakhstan Securities Token License allows you to join a new but high potential market.
If you want to expand beyond cryptocurrencies, the flexible nature of the license means that businesses can provide a wide range of additional services including payment services, foreign exchange, and securities dealing, financial consulting, depository agent activities, and merchant services, through a single license.
A license for a Kazakhstan Security Token Exchange is issued by the Kazakhstan National Bank and the Ministry of Economy of Kazakhstan. The documentation requirements for a Kazakhstan Security Token Exchange License are minimal. There are no requirements for office, staff, business references or a compliance officer. There is also no minimum paid-up capital requirement. There is a possibility of 100% foreign ownership and the Tax rate can be reduced to close to 0% through permitted structuring
The fee for an application for a license varies on a case to case basis but is considered being among the most cost-effective in the world. A license is generally granted within 6–8 weeks of submission of a fully completed application.