South Africa FSCA Derivatives License

License Fee: 90,000 USDT

Operational Structure Requirements:

• Appointment of one local director

• Appointment of one Key Individual

• Registered local office address

• Appointment of one local compliance officer

• Engagement of a local management company for ongoing administration and maintenance

Ongoing Operational Costs:

• Total monthly operating expenses are approximately 5,000 USDT

Regulatory Notes:

• No regulatory margin requirement applies after the account is opened

• An annual regulatory filing and audit must be submitted to the FSCA, with an estimated additional cost of USD 4,000–5,000 per year

Timeline:

• The complete license transfer process is typically finalized within one week