Establishment and benefits of EMI license in Lithuania

Published:
October 1, 2021
side view cropped unrecognizable business people working common desk 1098 20474.jpg

E-money is digital representation of cash. They can be used to carry out payments with or without a bank account. A big advantage is non-cash payment system allowing you to quickly and easily make transfers of any size. These assets are designed for making it easier for users to complete electronic deals. E-money value is supported by fiat means. ELI Deal service specialists will help you find an EMI license for sale that offers favorable and loyal conditions for running your business. Among the many offers that are constantly updated with new ones, you can find the most profitable and most suitable for you. In addition, the ELI Deal team will accompany you at all stages of transaction and give advice on any issue.

Several years ago, Lithuania became the main European jurisdiction issued the most licenses to electronic funds establishments. Thus, if you want to open your own commercial structure connected with circulation of digital currency, then purchasing a ready EMI license for sale in Lithuania will be the most profitable option for you in terms of jurisdictional conditions and market stability.

Lithuania as main jurisdiction for issuing licenses to electronic money institutions

  1. There are no big demands for company owners and managers regarding residence in Lithuania/Europe.
  2. Convenient procedure of obtaining an EMI license.
  3. Documents can be formulated in English.
  4. There is an option to open individual BAN accounts.
  5. Quick access to SEPA.
  6. Ability to secure clients’ money through Central Lithuanian Bank.
  7. PSD2 realization that enables the use of PIS and Customer Record Service.
  8. New “know your customer” processes for remote client checking make it possible to create invoices without having to locate the customer at the facility.
  9. Services throughout the EU/EEA without the need for extra licenses.
  10. Starting visa. Special visas for citizens of states that are not part of the EU/EEA, but are conducting their new business in Lithuania.

Services of EMI license

Of you decide to buy an EMI license in Lithuania, it will be the right choice for payment service providers who plan to propose a more detailed list of services.

  • Digital cash emission.
  • Payment services.
  • Loans provision subject to fulfillment of following points: loan is provided solely for purpose of payments; loans issued in connection with the execution of a payment transaction must be returned within a year; one should not hold loans for the purpose of payments.
  • Additional services connected with E-money.

ELI Deal service presents various EMI licenses for sale in Lithuania and helps to make purchasing process as simple and quick as possible. ELI Deal representatives will get you through preparing documents and business registration procedures, provide extensive advice on compliance with relevant normative demands and other questions you may have.

If you are interested in buying ready EMI license, please see our offers listed below:

Related insights

PSP license in Luxembourg

Luxembourg is a country famous for its steady local market and opportunities for entrepreneurs. The supervisory establishment which is in charge of ruling the fiscal sector, as well as the holders of PSP permit, is CSSF. Concerning enrolled PSPs, the regulatory body has various rights regarding providers. Among these are demanding any information concerning the…

Read more 26.12.2024

Forex Broker License in Belize

The Belize Forex license is an enchanting option for firms desiring to function in the FX trading sector. This region has transformed into a prominent monetary hub due to its legislative scheme, favorable tax environment, and the presence of the International Financial Services Commission (IFSC), which oversees monetary activities in the region. For agents engaged…

Read more 26.12.2024

Forex Broker License in South Africa

Nowadays South Africa is regarded as one of the most significant fiscal hubs on the continent. It attracts a lot of backers who are engaged in forex trading. The market of this industry is cleaved to severe laws and rules created by a regional supervisory body, the FSCA, which is in charge of controlling operations…

Read more 26.12.2024

PSP license in Sweden

Sweden is a country famous for its fiscal sector and forward-thinking regulatory landscape. You are able to obtain different kinds of monetary services permits here. Among them is the PSP license – an official permission given to companies striving to function in the market of payment services. By having this document, an enterprise is able…

Read more 26.12.2024

Forex Broker License in Hong Kong

Attaining a forex broker license in Hong Kong is a contested edge for organisations  willing to function in a worldwide recognized monetary center. Known for its strong  legislative  base, convenient environment for profit-oriented activity, and unparalleled gateway to Asian and cross-border trade, this region is a perfect direction for forex brokers desiring to improve their…

Read more 26.12.2024

PSP License in Switzerland

Switzerland, well-known for its solid monetary sector, neutral stance, and strong legislative base, is remarkable as an ideal hub for firms seeking to raise themselves in the payment service provider (PSP) segment. The region’s status as a worldwide monetary core, combined with its uncompromising abidance by rules and transparency, creates a manageable sphere for financial…

Read more 26.12.2024

Forex Broker License in Cyprus

Cyprus, an alluring direction for forex organisations, proposes a resilient legislative  base for receiving a forex broker license. Supervised by the Cyprus Securities and Exchange Commission (CySEC), this certification permits organisations to function in the financial trades lawfully. Here’s an in-depth look at the demands, gains, and policies encompassed in securing a forex license in…

Read more 23.12.2024

Electronic money license in Lithuania

The country has quickly evolved a hub for fin-tech enterprises seeking to obtain electronic-money establishments (EMI) licenses. The country’s strategic position within the European Union (EU), combined with its forward-thinking adjustment substructures, positions it as an attractive choice for enterprises aiming to expand their e-earnings and economic favors across the European-Economic-Area (EEA). With Country, enterprises…

Read more 19.12.2024

Most Common Mistakes When Buying a Hotel

Entering the hotel market can be a gainful endeavour, but it’s not without its trials. Unlike buying a home or a car, purchasing a hospitality facility involves a range of unique considerations. To help you avoid potential missteps, here are three common mistakes hotel buyers often make, along with tips on how to avoid them….

Read more 16.12.2024

What Are the Guidelines for Rate Setting My Hotel for Sale?

When it comes to vending a hotel, setting the right rate is one of the most notable stages in the routine. While it may seem straightforward, pricing your hotel correctly is a delicate balance that can have a significant impact on the success of the sale. The right price will attract serious buyers, while an…

Read more 16.12.2024

Property Investment in Greece: An Overview of Opportunities and Considerations

Putting money into householding in this region has become a prime option for overseas buyers eager to blend asset allocation growth with the local way of life. This direction, celebrated for its time-honoured traditions, breathtaking landscapes, and resilient touristic sector, has emerged transpired as a changing estate trading sphere suggesting notable appeal to ventures worldwide….

Read more 16.12.2024

Electronic Money License in Cyprus

Cyprus became a preferred place for Fin-companies due to its auspicious normative base and prime location. Such a permit in Cyprus empowers business-projects to issue digital currencies, manage e-wallets, and work on effective financial transactions. Below, we’ll delve into procedure, privileges, costs, and options for getting or purchasing EMI/AEMI licenses in Cyprus. Cyprus EMI licenses…

Read more 16.12.2024