Paid in share capital for Seychelles forex company?

[rotaro]

I have been informed that we do not need to pay in the share capital for a Forex licensed company in the seychelles! so, how do I need to prove I have the required 1 million USD for the share capital?

[Admin]

As for the verification of the net worth of the client the Act does not seem to provide any guidelines on this. In fact, the definition of a “Professional Investor” seems to put the onus on the investor stating that the person has a net worth exceeding $1,000,000 and must sign a declaration stating same and consenting to be treated as a professional investor. I think to be safe some reasonable proof should be provided which I would accept a letter from the financial advisor, accountant, bank and/or brokerage statements, etc. supporting the claim.



Where real estate is involved it seems it would require a lawyer or accountant to verify the equity in the property