1
Company Registration Requirements
A company must be legally registered in the U.S. with a valid business license and relevant documents. A U.S. registered address is required. The company name must end with LTD, INC, etc., and must not duplicate any existing registered name.
2
Shareholder and Director Requirements
Number of shareholders and directors and their shareholding ratios must be confirmed. Shareholders and directors may be individuals or legal entities with no nationality restrictions. Valid ID (passport or national ID) of all shareholders and directors must be provided.
3
Business Scope Requirements
The types of money services (digital currency trading, forex exchange, money transfer, etc.) must be clearly defined. Each business type must be described separately with clear operational workflows, including fund receipt, processing, and settlement.
4
Financial Requirements
Initial capital must be legally sourced with supporting documentation available upon regulatory request. A sound financial management system must be in place, including accurate accounting records and financial statement preparation in accordance with U.S. GAAP. Regular financial reports (e.g., annual reports) must be submitted to regulators to demonstrate financial condition and business operations
1
Company Documents
Certificate of Incorporation, business license, Articles of Association, and list of shareholders and directors
2
Business Plan
Detailed description of business model, target customers, service scope, revenue sources, etc.
3
Risk Management Policy
Strategies, measures, and procedures for risk management
4
AML/CFT Measures
Anti-money laundering and counter-terrorism financing policies, procedures, and internal control mechanisms
5
Financial Statements
Recent financial statements demonstrating financial condition and operating capacity
6
Director and Shareholder Information
ID documents (passport or national ID), contact details, and resumes of directors and shareholders
