An applicant is required to submit an application of which the submission should include the following:

• A letter of awareness from a competent regulatory authority that supervises the applicant's shareholder/head office.
• A letter of guarantee from the applicant's shareholder or an undertaking from the head office.
• Business plans inclusive of three years' financial projections of the applicant.
• Certified true copy of the Memorandum and Articles of Association of the applicant.
• Certified true copy of the resolutions of the board or minutes of the general meeting, which approve the applicant to apply for a licence.
• Copy of the audited annual accounts of the applicant's shareholder/head office for the three preceding years.
• Applicant's corporate profile, which includes:
• The name, place and date of establishment of the applicant.
• The names, addresses, qualifications and experience of the directors and officers responsible for the overall management of the affairs of the applicant.
• The name and address of each member who holds 10% or more of the voting shares of the applicant.
• Declaration by the applicant on the probity of its directors and officers who are responsible for the management of the applicant;
• Any other information relevant to the application. 

Furthermore, please provide:

• The proposed 3 company names in order of preference.
• Notarized KYC documents of each shareholder, beneficial owner and director not older than 3 months in English.
• Notarized Copies of Diplomas of a Higher Education for each shareholder, beneficial owner, director, and Principal Officer.
• Resume (CV) and Information on relevant background and experience for each shareholder, beneficial owner, director, and Principal Officer.
• Two certified professional reference letters for each shareholder, beneficial owner, director, and Principal Officer.
• Proof of the statutory minimum paid-in capital. 
• Business Plan and financial forecasts for the next 3 years. 
• Company's policies and internal regulations. 

N.B.

• If Shareholders/Directors are legal persons, it is required to submit a full set of apostilled company documents. If a company is operating more than 1 year it is required to submit a certificate of Good Standing.
• If documents are not in English language or language of particular country, a certified translation is required.
• Additional documents may be requested by the Regulator at its discretion.