Start An E-Money Business In Canada:
Acquire Ready-to-Operate Money Services Business
Building a money services business (MSB) from the ground up can be time-consuming and fraught with uncertainty. Buying an existing MSB saves time enabling you to focus on growth and innovation rather than the initial setup.
The key is to purchase a Canadian MSB that has been setup properly by an experienced Canadian lawyer and work with a reputable Canadian law firm that can also provide you with Canada-specific legal and regulatory expertise after you complete your purchase.
Why You Should Choose A Ready-to-Operate
Canadian Money Services Business?
In the fast-paced realm of finance, speed-to-market is crucial, and prudent risk management is paramount. As such, buying a ready-to-operate Money Services Business (MSB) in Canada is an excellent option for many businesses. This turnkey solution comes with a host of advantages, including a proven track record, established regulatory compliance, and immediate revenue generation. Acquire the MSB and start business the same day!
When purchasing a Canadian MSB, it is important to work with Canadian lawyers who have extensive experience in Canadian law. Patrola Law is one of Canada’s leading law firms with respect to MSB registration and FINTRAC related compliance matters. Patrola Law has prosecuted the MSB applications for the Canadian MSBs that are available for purchase, ensuring all work has been done properly. Patrola Law’s work includes the related corporate work and creation of required MSB compliance programs. All work has been completed by experienced Canadian lawyers with almost 2 decades of experience. Our firm stands behind its work, and provides continued legal support after the purchase is completed.
Benefits of Ready-to-Operate Canadian Money Services Business
Ready-to-operate MSBs reduce the uncertainty of going through the application process. If all of the application and compliance program work was completed by a reputable Canadian law firm like Patrola Law, there is reduced risk of issues arising in later audits, compared to work done by non-Canadian consultants or lawyers.
A ready-to-operate MSB can start generating revenue almost immediately after acquisition. There's no need to go through a lengthy application process in order to start doing business.
Navigating the complex regulatory landscape in the financial sector can be a significant barrier to entry. A ready-to-operate MSB has already obtained the necessary regulatory approvals and has established compliance protocols, saving investors time and effort.
Ready-to-operate MSBs often have well-defined operational processes in place. You can benefit from these efficiencies, which can lead to cost savings and improved profitability.
Ready-to-operate MSBs allow you to start capturing market share far more quickly than if you were to go through the MSB application process.
PACKED LEGAL SERVICES
Ready-to-operate MSBs may include packaged legal services for on-going or future work, which can help reduce costs in the long-run.
How to Acquire a Ready-To-Operate Canadian Money Services Business (MSB)
Schedule a consultation with Patrola Law to discuss the availability of a ready-to-operate MSB, purchase price, and steps
Enter a non-binding letter of intent for the purchase of a ready-to-operate MSB
Complete your due diligence and remove any conditions precedent
Entrust Your Legal Matters to
A Reputable Canadian Law Firm ╴Patrola Law
We will guide you throughout your business voyage, from inception to IPOs, acquisitions, and beyond. We provide legal services on a wide breadth of corporate, regulatory and intellectual property matters and can help you as you grow your business.
Our clientele spans the globe, affording us a deep understanding of international business matters.
At Patrola Law Corporation, our focus is on delivering premium legal services tailored to the unique needs of startups, visionary entrepreneurs, and established corporate entities. Our unwavering dedication to your success is underscored by our extensive experience representing clients from across Canada and around the globe across a diverse spectrum of business law matters.
Our legal team is composed of seasoned Canadian lawyers who comprehend the nuances intrinsic to the financial sector and regulatory landscape in Canada
We provide legal services on a wide breadth of corporate, regulatory and intellectual property matters and can help you as you grow your business
READY FOR BUSINESS?