Licenses in Mwali/Moheli
Mwali (Moheli) Licenses
We support your project from initial setup to a compliance-ready structure aligned with your business model, regulatory expectations, and practical operations.
Send requestWhy Mwali
Mwali (Moheli) operates under the Mwali International Services Authority (M.I.S.A.) — a dedicated offshore regulator offering a flexible and cost-efficient licensing environment for international businesses.
Fast Setup
IBC incorporated in up to 4 business days. License activated within 2 weeks of first payment.
Tax-Free Zone
No taxation on income derived outside of Mwali. No security deposit required.
Privacy
Director and shareholder information is not publicly disclosed.
Multiple Activities
Crypto, gaming, brokerage, trust, insurance, and banking — all under one regulatory framework.
Stated Capital
M.I.S.A. issues licenses with a stated capital — no need to prove it separately.
Low Bureaucracy
Streamlined process with minimal administrative burden and straightforward KYC requirements.
Beyond Incorporation
A Mwali IBC serves as a base entity — but incorporation alone is not sufficient for real operations.
A functional licensed business typically requires not only a license, but an effective AML/CFT framework, as well as alignment with banks, payment providers, and counterparties. Without these elements, the legal structure may not be suitable for real operations.
That is why our packages are structured to go beyond company registration and license application. We support clients in building a compliance-ready operational structure, including AML/CFT documentation tailored to their specific business model.
Mwali licenses are subject to annual renewal. Artlex Consult provides annual maintenance support to assist clients in staying compliant and ready for renewal.
Select Your License Type
All packages include applicable M.I.S.A. government fees, IBC incorporation, and compliance documentation. Select the license category to view relevant packages.
Registration Package
For startups, OTC operations, wallet services, and early-stage crypto platforms.
- IBC incorporation (M.I.S.A.)
- Crypto license application & support
- All government & application fees
- Corporate registration documents
- Registry activation
- AML/CFT Policy
- KYC & Customer Identification Procedure
- Sanctions Screening Policy
Suitable for: crypto startups, OTC operations, proprietary trading, wallet services.
Send requestOperational Compliance Package
For businesses planning to work with banks, PSPs, institutional partners, or third-party providers.
- Customer Risk Assessment Framework
- Transaction Monitoring Framework
- SAR/STR Escalation Procedure
- Record Keeping & Retention Policy
- Internal AML controls structure
- AML governance documentation
- Compliance onboarding guidance
Suitable for: exchanges, custodial businesses, brokerage platforms, investor-facing operations.
Send requestGaming Registration Package
For online casinos, sportsbooks, poker platforms, and crypto gaming operations.
- IBC incorporation (M.I.S.A.)
- Gaming license application & support
- All government & application fees
- Corporate registration documents
- Registry activation
- AML/CFT Policy
- KYC & Customer Identification Procedure
- Sanctions Screening Policy
Suitable for: online casinos, sportsbooks, poker platforms, crypto gaming operations.
Send requestGaming Compliance Package
For operators expecting PSP onboarding, payment gateway reviews, or higher transaction volumes.
- Customer Risk Assessment Framework
- Transaction Monitoring Framework
- SAR/STR Escalation Procedure
- Record Keeping & Retention Policy
- Internal AML controls structure
- AML governance documentation
- Compliance onboarding guidance
Suitable for: operators scaling operations, seeking PSP or banking relationships.
Send requestBrokerage Registration Package
For forex operations, asset management, custody services, and international brokerage activities.
- IBC incorporation (M.I.S.A.)
- Brokerage license application & support
- All government & application fees
- Corporate registration documents
- Registry activation
- AML/CFT Policy
- KYC & Customer Identification Procedure
- Sanctions Screening Policy
Suitable for: forex, proprietary trading, payment processing, asset management, custody.
Send requestBrokerage Compliance Package
For businesses planning institutional partnerships, bank onboarding, or investor-facing operations.
- Customer Risk Assessment Framework
- Transaction Monitoring Framework
- SAR/STR Escalation Procedure
- Record Keeping & Retention Policy
- Internal AML controls structure
- AML governance documentation
- Compliance onboarding guidance
Suitable for: securities brokerage, fund management, underwriting, transaction clearing.
Send requestTrust Registration Package
For businesses handling inter-company transactions, treasury operations, and internal settlement structures.
- IBC incorporation (M.I.S.A.)
- Trust license application & support
- All government & application fees
- Corporate registration documents
- Registry activation
- AML/CFT Policy
- KYC & Customer Identification Procedure
- Sanctions Screening Policy
Suitable for: third-party payment processing, inter-company treasury, startups not qualifying for a full banking license.
Send requestTrust Compliance Package
For businesses planning operational banking and PSP relationships requiring enhanced compliance documentation.
- Customer Risk Assessment Framework
- Transaction Monitoring Framework
- SAR/STR Escalation Procedure
- Record Keeping & Retention Policy
- Internal AML controls structure
- AML governance documentation
- Compliance onboarding guidance
Suitable for: existing financial services businesses handling third-party or inter-company business.
Send requestGeneral Insurance Package
Authorises insuring risks of different parties across various risk categories.
- IBC incorporation (M.I.S.A.)
- General Insurance license application
- All government & application fees
- Corporate registration documents
- Registry activation
- AML/CFT Policy
- KYC & Sanctions Screening Policy
Suitable for: general insurance operations covering third-party risks.
Send requestRestricted (Captive) Insurance Package
Typically used for insuring risks of related parties and group structures.
- IBC incorporation (M.I.S.A.)
- Restricted Insurance license application
- All government & application fees
- Corporate registration documents
- Registry activation
- AML/CFT Policy
- KYC & Sanctions Screening Policy
Suitable for: captive insurance structures, insuring risks of related entities.
Send requestBanking License Support — Class B
Typically for in-house treasury functions and limited deposit-taking activities.
- IBC incorporation (M.I.S.A.)
- Class B license application support
- All government & application fees
- Corporate registration documents
- Enhanced due diligence preparation
- Core AML/CFT documentation
- Governance structure review
Suitable for: businesses requiring in-house treasury or limited banking functions.
Send requestBanking License Support — Class A
For banks looking to accept deposits from the general public with full operational scope.
- IBC incorporation (M.I.S.A.)
- Class A license application support
- All government & application fees
- Full AML/CFT & governance framework
- Business plan & capitalisation review
- Enhanced compliance assessment
- Ongoing regulatory interaction support
Suitable for: full-service banking operations, deposit-taking institutions.
Send requestAnnual Compliance Retainer
Maintain your license with confidence. Each year, we review and update your AML/CFT documentation to reflect any changes in M.I.S.A. requirements or your operational model — ensuring your structure remains compliant and renewal-ready.
- Annual review and update of AML/CFT documentation
- Monitoring of M.I.S.A. regulatory changes
- Up to 2 compliance consultations per year
- Renewal readiness confirmation
Licensing Process
A straightforward four-step process from application to active license status.
Application & KYC
Submit your application with required KYC documents. Verification by M.I.S.A. takes up to 3 business days.
First Payment
Once approved, you receive an invoice for the first payment. A registration date is scheduled approximately 2 weeks later.
Registration
Your company is added to the M.I.S.A. online registry. You receive all corporate and registration documents plus the second invoice.
License Activated
Upon confirmation of the second payment, your license status is updated to Active on the official M.I.S.A. website.
KYC Documents Required
All documents must be recent (issued within 3 months).
Application Form
Completed and signed application form provided by Artlex Consult.
Passport
Valid passport of all directors and shareholders.
Proof of Address
Utility bill or official document confirming residential address of all directors and shareholders.
Bank Statement
Recent bank statement of all directors and shareholders (within 3 months).
Corporate Documents
If a director or shareholder is a legal entity, full corporate documentation of that entity is required.
Frequently Asked Questions
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Are government fees included in the package prices?Yes. All listed prices include applicable M.I.S.A. government fees (application fee + annual license fee + IBC registration fee). There are no hidden regulatory costs.
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How long does the licensing process take?IBC incorporation takes up to 4 business days. License activation typically takes up to 2 weeks from first payment. A fast-track service is also available on request.
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Is a security deposit required?No. Mwali jurisdiction does not require a security deposit. M.I.S.A. issues licenses with a stated capital, which means there is no need to prove capitalisation separately.
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Can I hold multiple licenses under one IBC?Yes. Holders of any existing Mwali license can apply for an additional Crypto license at a preferential rate. Contact us for details on multi-license structures.
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Does Artlex guarantee bank account opening or PSP onboarding?No. Artlex Consult does not guarantee bank account opening, PSP onboarding, or approval by third-party institutions. Our compliance packages are designed to maximise your readiness for these processes, but outcomes depend on your specific business model and the assessment of the relevant institution.
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What happens after the license is issued?All Mwali licenses are subject to annual renewal. We offer an Annual Compliance Retainer to help you maintain AML/CFT documentation alignment and ensure renewal readiness without any unexpected compliance gaps.
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