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Requirements for founders
a company that does not submit reports and does not confirm its Sub-Stens in Cyprus may be liquidated;
The Forex market is one of the most active financial markets in the world, and Georgia is gradually becoming an attractive centre for foreign exchange transactions. The Government of Georgia has developed a number of requirements for obtaining a forex trading licence aimed at ensuring transparency, security and compliance with international standards in this sector. This article discusses the key requirements for obtaining a forex trading licence in Georgia that every potential investor needs to know.
A favorable tax system
Conclusion

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The investor compensation rule is crucial in terms of protecting clients from losses incurred by the bankruptcy of a broker. Pursuant to MiFID II, in such cases clients in the EEA, including Cyprus, are covered up to 20,000 EUR, while clients residing outside the EEA are eligible for 1,160 EUR. In Cyprus, the function is performed by the Investor Compensation Fund (ICF), provided that a broker is a member of the fund. All non-professional investors-clients of an ICF member who are covered by the ICF for claims against such member, arising out of the covered services provided by the member, can apply for compensation, regardless of their legal status, nationality, or place of residence.
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The type of license for which it’s submitted
The formation of a crypto company can take up to four months, which also includes obtaining a trading license.

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