Financial Licenses in
Sahrawi Arab Democratic Republic

International Business Companies, Banking Licenses, Trustee & Asset Management Licenses, Insurance Licenses, eGambling Licenses, Brokerage Licenses from the Sahrawi Arab Democratic Republic (SADR) – Regulated, fast, cost-effective!

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Welcome to a new frontier
for offshore business!

At the Central Reserve Authority of Western Sahara, we are committed to regulating and overseeing the financial services sector with integrity. By adhering to global compliance standards, our mission is to position Western Sahara as a leading international financial hub.

Since our establishment in 2017, we have been dedicated to managing and supervising the international financial services industry and non-bank institutions. By unifying regulation and supervision under one authoritative body, we align with global best practices to foster a secure and thriving financial ecosystem.

What is Western Sahara?

Western Sahara is a territory with a unique status, featuring an area known as the Free Zone. This zone was proclaimed by the Polisario Front on February 27, 1976, and is administered independently from the rest of the territory. The temporary capital is Tifariti, moved there in 2008.

Western Sahara is recognized as a full member of the African Union. In 1999, the region adopted a new Constitution, shaping a governmental structure similar to the parliamentary systems found in many European countries.

The highest political office in Western Sahara is the President. Brahim Ghali, born on September 16, 1948, currently holds this position. He was elected on July 9, 2016, during elections held in the Sahrawi refugee camps in Tindouf, Algeria. President Ghali succeeded Mohamed Abdelaziz following his death on May 31, 2016.

The governmental framework includes a Council of Ministers led by the Prime Minister, a judicial branch with judges appointed by the President, and a legislative body known as the Sahrawi National Council. The judiciary comprises trial courts, appeals courts, and a supreme court, ensuring the administration of justice throughout the Free Zone. The government of Western Sahara asserts sovereignty over the entire territory, although its administrative control is primarily within the Free Zone.

Western Sahara Facts

History of Western Sahara

Western Sahara, previously a Spanish colony from 1884 until 1976, entered a period of contention following Spain’s withdrawal. The territory, known for its historical ties to nomadic tribes, proclaimed its independence through the Polisario Front, a Sahrawi nationalist movement. This declaration marked the beginning of a prolonged conflict primarily with Morocco, which also claims sovereignty over the region.

The conflict saw initial hostilities with both Morocco and Mauritania. However, Mauritania renounced its claims in 1979, following a peace agreement with the Polisario Front. The dispute with Morocco persisted, focusing on efforts by the Polisario Front to establish sovereignty over what it terms as “liberated areas” while referring to Moroccan-controlled zones as occupied territories.

As of 2016, the recognition status of Western Sahara has been complex. At one point, it was recognized by 85 UN member states, although 37 of these countries later withdrew their recognition. The United Nations itself does not recognize Western Sahara as a sovereign state, though it is a full member of the African Union (AU). In a significant move reflecting the contentious status of Western Sahara, Morocco withdrew from the AU in 1982, objecting to the AU’s recognition of Western Sahara. Morocco only rejoined the AU in 2017.

Politics of Western Sahara

The office of the President is the highest office in country. The president is responsible for appointing the prime minister or premier. Brahim Ghali is the incumbent president while Abdelkader Taleb is the premier. The government consists of a council of minister led by the prime minister, a judiciary branch whose members are appointed by the president, and the parliament, which is officially titled the Sahrawi National Council.

Since its establishment in 1976, the government has evolved from an ad hoc structure to a functional government. The ministries are headed by ministers and are fully functional. The judiciary is well established with trial courts, the court of appeal and the Supreme Court. Even though it is not recognized as a democratic state, the country has banned the death penalty.

In 1999, Western Sahara adopted a constitution similar to European constitutions. The constitution recognizes the Sahrawis as Africans, Arabs, and Muslim people.

Banking and Brokerage

International Banking License

Embark on international banking business with us. Obtain licenses categorized as Class I or Class II, each with specific capital and deposit requirements tailored to your financial goals.

International Gambling License

For organizations offering games of change, we issue gambling licenses, imposing stringent standards to uphold integrity and financial stability within the industry.

Brokerage Companies

Explore our licensing opportunities for forex brokers, regulated under the insurance and Brokerage Act 2017, ensuring transparency and compliance in your operations.

Crypto License

Dive into the world of virtual currencies with our crypto licenses. Manage cryptocurrency exchange and depository wallets, leverages the opportunities presented by this innovative and evolving sector.

International Insurance License

International insurance businesses thrive under our oversight, licensed under the IBC Act. We outline specific requirements to support your successful operation in Western Sahara.

International Trust Corporations

Pioneer international trust business by applying for Class I or Class II licenses. Navigate through specific capital requirements and customer restrictions, tailoring your services to meet the needs of our jurisdiction.

Get started with a financial license in
Sahrawi Arab Democratic Republic!

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