Establishment and benefits of EMI license in Lithuania

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 Germany

Germany, as the largest and most stable economy in the Euro Zone, presents lucrative opportunities for businesses seeking to establish a presence in the country. This comprehensive guide outlines the process of obtaining a PSP license in Germany and emphasizes the advantages of operating a payment service provider license in Germany within this business-friendly and…

Read more 11.09.2023

VASP license in Guernsey

In the ever-evolving realm of the digital economy, VASPs have emerged as pivotal players in the world of virtual assets. Key to legitimacy of their turnover is the acquisition of a VASP license—a regulatory prerequisite that establishes a structured framework for offering virtual asset options. Guernsey, a prominent international monetary hub, has positioned itself as…

Read more 11.09.2023

How to make a St.Kitts and Nevis Trust in 2023

In the ever-evolving landscape of off-shore economic planning, inducting a St. Kitts and Nevis Trust in 2023 presents you a unique opportunity to safeguard your assets and diversify your holdings. By drawing from a plethora of reputable sources and the latest insights, this guide will navigate you through the intricate process of crafting a trust…

Read more 07.09.2023

Crypto regulation in Namibia 2023

In the heart of southern Africa, Namibia is embarking on a transformative journey through the intricate landscape of cryptocurrency regulation in the year 2023. As digital currencies and blockchain technology continue to redefine the global financial paradigm, nations across the world are grappling with the dual challenge of embracing innovation while safeguarding the integrity of…

Read more 07.09.2023

Cryptolicense in Australia

The use of digital-currency are topic to oversight to assure buyer conservation, monetary stability, and prevention of illicit actions. This article explores the current state of cryptos controller and licensing in country. Structure of Ordinance Country has taken a proactive antidote towards crypto-regulation, aiming to strike a balance between facilitating novation and safeguarding the interests…

Read more 06.09.2023

Crowfunding program in South Africa

In recent years, crowfunding has emerged as a powerful tool for individuals, and district initiatives to access funding and turn their innovative ideas into reality. South Africa, with its dynamic and diverse economy, has witnessed the development of crowfunding programs that furnish a unique avenue for raising capital and promoting socio-economic development. This article delves…

Read more 30.08.2023

Crypto regulation in Cayman Islands

The region’s leadership is improving the legislative framework, which will help attract crypto-assets and other instruments from companies in this field. Today, the Caymans are considered one of the main points on the globe where not only investment funds, but also the fintech industry is actively developing. For companies from this sphere, it is a…

Read more 30.08.2023

Offshore VASP license

In the dynamic landscape of the digital economy, Virtual Asset Service Providers (VASPs) have emerged as crucial intermediaries facilitating the seamless exchange of virtual acquisitions, such as cryptocurrencies. The regulatory framework surrounding VASPs has evolved rapidly to ensure economic security, combat illicit activities, and foster innovation. One avenue that has gained prominence is obtaining a…

Read more 30.08.2023

Create a trust in Luxembourg

In the intricate landscape of global finance, the small European nation of Luxembourg has emerged as a beacon of stability and sophistication. With a well-established reputation for economic services, governance offers an ideal surroundings for individuals and families seeking to rescue, manage, and optimize their wealth through the association of beliefs. This article delves into…

Read more 30.08.2023

Creation of a Trust in the Cayman Islands

Before setting up a trust, the co-founders of such corps conduct a thorough regional analysis and select the most attractive parts to work in. For most, it is more usual to choose regions with which they have previously dealt or know the specifics of local regulators. Others are guided by feedback from partners and choose…

Read more 30.08.2023

Gaming license in Comoros 2023

The gaming-assiduousness is actively developing and every year there are more and more legal entities that would like to work in this niche. Therefore, more and more online-casinos and betting-services appear. When corporation representatives consider the prospect of starting to work in this market, they need to decide on the place of registration of the…

Read more 30.08.2023

Gambling license in Antigua and Barbuda

This picturesque twin-island state located in the Caribbean has emerged as a key player in the multinational online gaming industriousness. This is largely due to its robust adjustment framework and the availability of gaming permissions that attract operators from around the world.  The Evolution of Online Gaming in Isles: State recognized the potential of the…

Read more 23.08.2023