Money Service Business (MSB) Payment Processing – Currency Exchange
We can offer a complete entity package complete with Federal registration as a Money Service Business (MSB). Business activities can include but are not limited to:
● Money Transmission (Payment Services)
● Crypto/Fiat Exchange
● Foreign Exchange (Forex)
The MSB is often used as a legal vehicle in combination with our Swedish Trust Companies in order to widen the range of permissible financial activities.
Our MSB package includes:
● Company documentation in English
● Registration with IRS for Employer Identification Number (EIN)
● Registration with FINCEN as Money Service Business (MSB)
● AML/CFT Policy and Compliance Program
● Resident Agent and registered office fees (year 1)
Total cost for legal entity package: EUR/USD 18,500 50% payment of legal entity fees are due upon ordering, with the remaining balance due upon the finalized registration of the Company in accordance with your instructions. Payment of our fees is accepted in EUR, USD, GBP, USDT, ETH, BTC and XRP.
MSB Company Structure
Minimum amount of partners/founders: 1
Qualification requirements: none
Minimum paid up capital: none
Timeframe for new formation: 4 weeks
We choose to structure the MSB as a Limited Liability Company (LLC) in Montana, USA. Montana is the only US state with no state level regulation or license requirements for MSB’s. This means that you only need to register with FINCEN on a federal level. This helps to keep the structure cost effective and straightforward while obtaining the same legal capacity as any state licensed MSB. It should be noted that if you plan on offering financial services in other US states, you will need to comply with state licensing requirements in those jurisdictions.
Questions? Please send a message to firstname.lastname@example.org.
This document is intended to be confidential and only for use by the company or individual to whom it is addressed. You should not copy it or use it for any purpose, nor disclose its contents to anyone else. Any information contained in this document is intended to be general in nature and should not be taken as tax, financial, or legal advice in any jurisdiction. The recipient should obtain legal, tax and financial advice in any jurisdiction in which he, she or the company intends to transact business.