Forex & Binary Consulting
N. Pirilides & Associates LLC's advisory team is currently one of the service providers that has been reliably successful in obtaining licenses and registering Cyprus Investment Firms, as well as assisting EU Investment Firms to obtain their Binary Options EU regulatory status. Whether you are a broker, market maker, IB or asset manager, our team of advisors will provide you with an all-encompassing service which will assist and promote the planning and structuring of your business. We are also in a position to compare various regulatory jurisdictions and provide assistance as to where it's best to conduct your business from and of course to provide a complete and comprehensive set up package.
The Firm can provide legal assistance to clients wishing to apply for a CIF licence or a binary options licence to the Cyprus Securities and Exchange Commission (the “CySEC”) and anything else related to this application. Our Firm may also provide assistance to clients wishing to get a similar license in other jurisdictions.
Information relating to the establishment and licensing of a Cyprus company as an investment firm regulated by CySEC
Since 2010 our firm has been handling cases and applications of this type and our team possesses extensive experience in the field of registration of Cyprus Investment Firms regulated by CySEC. Due to our long experience in the field, the registration process takes only 4 months after the submission of the respective application file to CySEC.
The consultation for the CySec application includes, among others, the following:
i. Assistance in preparing the CySEC’s License Application for the Company to be allowed to operate as a Cyprus Investment Firm (the “CIF”) with the characteristics applicable to the client.
- Guidance in providing information, documentation and certificates
- Consultation on CIF structure and on initial setup
- Preparation of Internal Procedures Manual in accordance with applicable CySEC regulation
- Preparation of a brief business plan
- Review of the required questionnaires of shareholders, directors and of other departmental officers
ii. Complete and submit on behalf of the Company the necessary/appropriate application to CySEC, and
iii. Follow up the said application up to completion.
Multilysis Services Limited can be of assistance to other practical matters to CIF companies by providing, inter alia, the following services:
- Registration of companies in Cyprus and a large number of other foreign jurisdictions
- Acting as Secretary at an annual fee
- Providing Registered Office facilities at an annual fee
- Providing Directors services at an annual fee
- Providing nominee Shareholder services
- Providing book-keeping services
- Corporate structuring-Management & Administration services
- Tax Consulting
- Services relating to the establishment and operating of bank accounts in Cyprus and abroad etc.
- Arranging for the Audit of companies (Internal & External)
N. Pirilides & Associates LLC and its associates can offer a full range of support to Cyprus Investment Firms following the granting of the CIF authorization. Such services include CIF license activation support, legal support for inter alia drafting of Client agreements, Compliance Officer and Consulting Services Support, Internal Audit Services and regulatory training.
The Firm can also assist clients who wish to get a License in other jurisdictions such as Mauritius (application for an Investment Dealer license), Bulgaria, New Zealand, Belize etc. If you are interested in applying for a license other than a CIF license, contact us by email and we will be happy to assist.