Licenses in South Africa

South Africa offers licenses for gambling operations, payment services, forex dealing, cryptocurrency exchanges, investment management, and insurance through FSCA, National Gambling Board, and SARB supervision. Getting approved takes six to eighteen months with capital requirements between ZAR 500,000 and ZAR 50 million ($27,000-$2.7 million), 27% corporate tax, stringent BEE compliance requirements, and access to Africa's largest financial market serving as gateway to Southern African Development Community.

Legarithm handles the entire licensing process in South Africa. We take care of all the regulatory paperwork, BEE structuring, compliance systems setup, local company establishment, and manage ongoing reporting to the authorities.