parallax background

Australia Authorised Representative License

Australia Authorised Representative License

As an authorized authorized representative of AFSL in Australia, AR license allows the same financial services to be provided under the service conditions of the affiliated financial license, and enjoy the reputation of the affiliated license. Besides, the application process is fast, low cost, and relatively simple to maintain. Therefore, different brokers are more willing to choose to apply for an AR license.

Key Features

Based on the service conditions of the affiliated AFSL, AR licensee can provide services not exceeding the scope of the AFSL. The scope of AFSL available for applications as authorized representatives generally can be, but is not limited to:
  • Accept and transmit funds
  • Execute orders on behalf of the clients
  • Provide deposit and payment products
  • Dealing in financial products
  • Make a market for financial products
  • Provide general financial product advice

  • Legal Requirements:

  • Minimum 1 local directors and 1 Shareholder (corporate shareholding is allowed), Fit and proper
  • Company Secretary
  • Registered Office

  • Documentation Requirement:

    For each beneficial owner, shareholder, director:

  • A notarized copy of passport
  • A notarized copy of utility bills/ proof of address within three months

  • Clean criminal records
  • Bankruptcy check
  • Educational qualification certificate, CV dated and signed (if client has its own director)
  • Shareholding company certificate, company registration and constitution
  • Shareholding company ultimate beneficial owner and director notarized copy of passport, utility bills/ proof of address within three months

  • UCG Services

  • Company formation
  • License application document preparation assistance
  • Provision of registered address
  • Application lodgment to ASIC
  • Liaising with AFS licensee
  • Maintanence after application success

  • The UCG Advantage

  • End to end comprehensive service
  • Speedy and efficient service
  • Expert advice on structuring options
  • Dedicated ongoing compliance support
  • Extensive network pool of service providers

  • Duration to Set Up

    1 month