Get consultation

Send us a request and we will contact you as soon as possible.

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

Overview Property Law Thailand

This region has long been a sought-after gateway for tourists, expats, and those individuals who desire to earn money by venturing into households  alike. Whether it’s the vibrant culture, the scenic landscapes, or the affordable quality of life, many are drawn to the idea of becoming a proprietorship in this region. In contrast, for those…

Read more 07.10.2024

Yotemo Receives Canadian MSB License: A New Chapter in the North American Market

In a significant stride towards expanding its footprint in the overseas monetary sector, Yotemo Exchange has introduced its completed acquisition with the success of a Canadian MSB licence. This key growth signals Yotemo’s official obedience within the highly supervised North American financial trades, suggesting new capabilities to grow and innovate. The MSB in Canada designation…

Read more 04.10.2024

MSB in Canada: A Strategic Alternative to European Payment and Crypto licences

In recent years, this region has rapidly gained traction as one of the most appealing jurisdictions for fintech organisations, particularly those dealing with cryptocurrencies and sophisticated monetary facilities. One of the major reasons for this surge in interest is the lighter government regulation compared to other up-to-date nations. With the enlargement of the cyber monetary…

Read more 04.10.2024

How to register a business in Canada: Business regulations for newcomers

Commencing commercial functioning in this region is a ready-made venture, particularly for newcomers who have moved here searching for a better proficient and monetary prospect. As an aspiring entrepreneur, apprehending the laws and supervisions, such as the steps to establishing a commercial activity or if you’re forethought to function an MSB in Canada , is…

Read more 04.10.2024

Top Mistakes to Avoid While Buying Property in Thailand

Buying property in Thailand  suggests a myriad of capabilities, especially with its dynamic estate trading sphere, but foreign buyers must tread carefully to avoid common pitfalls. From lawful complexities to cultural nuances, the routine requires meticulous arranging. This guide will help prospective investors comprehend what not to do when searching for property for sale and…

Read more 20.09.2024

Thailand Property Buyers Guide for Foreigners

Thailand, with its picturesque views, rich cultural heritage, and urban cities, has long been a favourite gateway for those searching to earn money in the venturing into householding market. This jurisdiction suggests a myriad of property for sale, from luxurious seashore condos to modern urban apartments. For overseas clients, guiding the routine of householding payment…

Read more 18.09.2024

Buying Property in Thailand: Risks, Scams, and Pitfalls

When thinking about property for sale in Thailand, it’s vital to be aware of the capable threats and submerged rocks that can accompany such an investment. This region, with its stunning landscapes and appealing lifestyle, attracts many overseas clients. In contrast, exploring the householding trading sphere demands caution and vigilance to avoid common traps and…

Read more 16.09.2024

Buying Property in Portugal: The Ultimate Guide

Looking for a breathtaking place in Europe with picturesque waterfront views? If the idea of buying property in Portugal piques your desire, you’re on the proper track. However, before diving into your property for sale hunt, it’s vital to understand the ins and outs of householding payment. This detailed piece of data will equip you…

Read more 11.09.2024

Property Ownership in Portugal: A Detailed Overview

Nestled along the breathtaking shores of the Iberian Peninsula, Portugal stands as a beacon for those seeking a dream vacation, a savvy investment venture, or a legal stay. The allure of this European country is undeniable, and as more people worldwide turn their eyes toward property for sale in Portugal, it’s vital to comprehend the…

Read more 10.09.2024

Thai real estate laws for foreigners

Thailand, with its picturesque views  and booming tourism industry, has long been a magnet for overseas investors enthusiastic about owning a householding  In contrast, guiding the challenges of the real estate trading sphere in this region laws could be complicated for expats, given the limitations on land proprietorship and the specific lawful patterns governing householding…

Read more 10.09.2024

Comprehending the Estate Sector in Northern Cyprus: An Apprehensive Guide for Investors and Buyers

If you’re considering buying property in Cyprus, specifically in the northern part of the island, it’s vital to understand the nuances of the trading sector of estate in this unique region. This piece of information delves into the lawful patterns, capabilities, and obstacles corresponding to  property for sale  suggesting valuable aspects for prospective venturers and…

Read more 10.09.2024

Discover the Simplified Rules and Regulations for Buying Property in North Cyprus

Are you fed up with the noise, traffic, and air pollution that come with city living? Are you seeking a tranquil environment with protection, a pleasant climate of Mediterranean sea, and the capability to relish life at a slower pace? If so, buying property in North Cyprus could be the perfect solution for you. This…

Read more 10.09.2024
Prev
Next
Discover All News