Obtaining a financial license in Singapore

Singapore is an island city-state with a population of 5 people. The country is known throughout the world as an economic miracle. It ranks second in Asia in terms of living standards after Japan.

The state has many futuristic skyscrapers and is home to the tallest Ferris wheel on the planet. Singapore attracts many businessmen with an acceptable tax regime, which allows them to successfully conduct business.

Singapore enjoys a stable business environment, sound economic fundamentals, sound policies and financial oversight systems. For this reason, many entrepreneurs from all over the world want to establish a commercial company in an Asian country.

Here are some of the most reliable and safe banks on the planet. The financial sector in Singapore is regulated by the Monetary Authority (MAS). Obtaining a financial license in Singapore necessary to conduct business, in accordance with current legislation.

The E-COMMERCE BROKER company will help you obtain a document for the provision of commercial services. Our specialists know all the subtleties and nuances of the procedure.

What is SVF (Stored Value Facility)?

Singapore license SVF is an analogue of the European EMI. If you decide to operate in a rich, attractive country in the field of electronic payment systems, issuing electronic money, then you cannot do without it.

There are no strict requirements for the applicant in the legislation of the Asian island state. When authorized bodies decide to issue a document for financial activity in Singapore, they are guided by the standards accepted by international society.

Types of SVF:

  1. Single-purpose – provides the opportunity to sell a product/service to its owner. For example, you can accept funds with a document. But you won’t be able to withdraw them to pay for services.
  2. Multi-purpose - the document is devoid of restrictions, like its previous type. The client can deposit funds and make transfers from the account. But, you will need to obtain permission from the local regulator.

The SVF license is very popular among businessmen. Primarily due to the fact that when your depositary balance does not exceed 30 million SGD, you will not be strictly controlled by the regulator.

Obtaining a license SVF happens quickly, the procedure will not take more than two months. Plus, the document makes it possible to provide commercial services in the Asian region.

Assistance provided by specialists of the E-COMMERCE BROKER Company

The services of the E-COMMERCE BROKER Company will help you forget about the need to deal with the legal aspects. We will carry out all actions related to obtaining a financial license. Our services include:

  • company registration;
  • obtaining tax numbers for the provision of commercial services;
  • reporting;
  • opening a bank account.

We offer you a full service for obtaining documentation for doing business. Our specialists have extensive experience in this field of activity. We will support the activities of your company after obtaining the SVF license, we will advise you on issues related to doing business in Singapore.

By cooperating with us, you will receive a license to carry out financial activities in Singapore in the shortest possible time. You can quickly start running a business with high income.


Best business consultant 2020.

Leave a request for a free consultation right now

Leave a request

Fill out the fields below and submit your application. We will contact you shortly.

Sign up Now!

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Leave a request

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Open chat
Hello! What service are you interested in?
We also speak English.