Send us a request and we will contact you as soon as possible.
Today’s country, which has been a member of the EU from 2004, when supplying the issue of virtual money and remittance systems, must be controlled by the Second Directive of Europe and the demands of the GDPR adjustment. At the state level, the monetary controller (Financial Supervision Committee) has not formed liberal or proscriptive terms, whereas in basic the powers have a negative attitude towards electronic money.
The state provides financial technology with a large proportion of skilled workers. In addition, the labor market is known for low salaries and professionals with relevant experience.
From the sustainable development of the country to the payment service habits of the population and the growing number of migrants in Poland and local residents emigrating to other countries constantly in need of currency exchange, there are several factors that make Poland an excellent market entry for both B2B and service providers B2C.
Authorised electronic money institution license in Poland is required for firms that carry out transfers with virtual money in state. According to the legislation, firms that supply virtual payment favors(in particular, payment on the site), as well as companies that work with e-currencies, must obtain an AEMI permit.
Obtaining the AEMI permit is a straightforward procedure. Interested businesses can contact regulator directly or apply for the permission online. The application process requires providing info about the biz, such as its name, address, and the type of activities it engages in. The business must also provide a list of audiovisual works and favors that it plans to use.
The permissing procedure for virtual money establishment should provide information that allows the identification of directors and persons who directly or indirectly have a significant stake in the firm, indicating the size of the stake they hold.
In addition, the electronic money establishment must supply the KNF with documents and info that will allow it to assess whether the organization and persons mentioned above guarantee the prudent and stable administration of the AEMI, in particular:
In order for a remittance structure to comply with the EU Second Directive, the following conditions need to be met:
What is covered by each category of info and documents listed in points above is provided by the current Regulation of the Minister of Finance, Funds and Regional Policy regarding the detailed amount of information and the type and form of documents attached to the request for permission to operate as a domestic remittance establishment from November 13, 2020 (Legal Gazette of 2020, item 2225), issued on the basis of Part 3 of Article 61 of the UUP.
Perhaps you relish a thought of starting a business in Great Britain. Then, buying a shelf company could be the first thing coming to your head. Being already incorporated, such “ready-made firms” have never been used. They’re waiting for their owner who can put them to work. It could be you. For some entrepreneurs, such…
Switzerland has always been known for its stable and investor-friendly financial system. Nevertheless, for the last time, this country has been facing constant international pressure to make sure that the country’s financial strength is not used illegally for money laundering and terrorist financing. For nearly ten years, Swiss watchdogs have made a number of tweaks…
A solid legal foundation is essential in the world of digital assets. A crypto license is a key part of building a trusted business, and as rules become clearer, choosing the right jurisdiction is the first critical step. Many entrepreneurs look for a crypto exchange license for sale to accelerate their market entry. This guide…
Starting a business in Switzerland gives you access to the safe and prestigious market. The first stage in choosing a legal settlement in this country is to decide the suitable legislative structures. This election dictates your fiscal liability, tax status, and daily operations. It sets the course for the future of your firm. While most…
The country’s unusual political organization grants its 26 cantons significant latitude over their tax laws. This generates a competitive marketplace in which there can be wide disparities in tax rates from one jurisdiction to another. Anyone wishing to live, work or invest in the country needs to know about these! Where you settle down is…
The current offshore banking model continues as a very effective measure for the security, diversification, and investment of wealth on a global scale. Extending an off-shore account in the right jurisdiction will provide benefits that range from greater privacy to tax benefits and access to a wide array of acquisition possibilities, depending upon whether one…
The Financial Conduct Authority, also dubbed FCA for short, plays a major role in shaping the British financial system. Its work program sets out the regulator’s priorities as well as its long-term strategy on an annual basis. For 2025–2026, the watchdog focuses on technology-driven oversight, stronger consumer protection, and also financial stability in a rapidly…
Opening a British company bank account has always been an object of interest for firms willing to build trust, access local clients, and also operate trouble-free in the European Union. However, there might be one difficulty. When the ultimate beneficial owners are represented by foreigners, the process can turn daunting. Being under strict regulatory pressure,…
In fact, the establishment of an Electronic Money Institution (EMI) can be a very wise move for the many fintechs out there searching for regulated access to the payments market of the EU/EEA with full passporting rights. The regulator of each country might have a totally different perspective on timelines, scrutiny, supervisory style, and post-licensing…
When it comes to setting up a business, the UAE is right there among the world’s best. The vision of the emirates as a conduit to markets across the Middle East, Africa, and Asia has for time out of mind drawn entrepreneurs and investors alike—from Dubai’s bustling financial districts to the strategic global connections of…
Puerto Rico is one of the few US regions that offers an organized offshore banking structure with meaningful tax incentives. There are two routes available IFE and IBE. They give access to a 4 % tax rate and dividend exemptions for owners from abroad. Nevertheless, these two permits are created for diverse purposes and are…
Nowadays, St. Kitts and Nevis is considered one of the most appealing places for protection of belongings and wealth structuring. The governmental body continues to maintain a low-regulation monetary environment and a steady regulatory climate for businesses for sale. Over the past ten years, it has quietly become a popular place for international companies to…