Small PI in Poland

September 27, 2022
poland 2500x1406 1

New rules for the Polish Regulation on Payment Services go into effect in 2018. A new organization, a small payment institution, is introduced by the modification to the Polish payments industry. The legal provisions see operating a small payment institution in Poland as engaging in regulated activities. SPI in Poland is a great option for entrepreneurs who want to start commercial activity in the European Union. Our experts can help you with finding SPI for sale.

What is a SPI licensed company?

A small payment institution is a business that has been registered in the relevant registry and offers at least one of the following services:

  • receiving cash deposits, taking money out of a payment account, and engaging in any other account-related actions
  • execution of payments by, for example, direct debit, payment card use, or provision of credit transfer services,
  • completing the aforementioned payment transactions in cash payable to the user as a result of the loan,
  • creating payment methods,
  • facilitating the acceptance of payment methods,
  • offering a service for money transfers.

However, neither the service linked to requesting a payment transaction nor the service relating to account access are provided by such an organization. As a result, the range of services offered by a small PI and the range of services offered by a national payment institution are extremely similar. If you are interested in a spi company for sale, Eli Deal’s lawyers can help you with buying.


A businessperson is limited to operating their small payment institution exclusively on the area of the Republic of Poland. Additionally, the average monthly volume of payments processed by spi over the past 12 months may not reach € 1,500,000. Additionally included in this sum are the transactions amounts carried out by minor payment institutions via their agents


As a small pi entrepreneur, you must enter the relevant register in order to conduct business. The entries are made in response to an earlier written request that is supported by the required documentation. An entrepreneur who wants to become a small payment institution must file a request. Komisja Nadzoru Finansowego oversees the operations of minor payment institutions. It should be highlighted that the process of becoming a small payment institution and taking between three and six months is more simple than the process of becoming a national payment institution. The conversion of a small payment institution into a national payment institution is simple.

Pros of trading in Poland

  • Acceptance of services aimed towards consumers in Eastern Europe.
  • Low-cost, superior human resources.
  • The simplicity of establishing a business account with Polish banks.
  • Managers and staff can easily get a residency permit.
  • Access to the Zloty, a national currency that fosters a sizable forex market.
  • The increasing number of immigrants and emigrants presents business prospects for remittance organizations.
  • Thus, if you are attracted to spi in Europe for sale, registration or buying enterprise in Poland is an amazing choice.

Necessary documentation to buy spi company

  • Information about the firm;
  • A list of the required payment services;
  • Financial records;
  • A three-year or longer business strategy;
  • Created a three-year financial plan;
  • Evidence of funding;
  • A description of the internal control and system of risk management;
  • The organizational chart of the business and the individual’s group;
  • Identification information for the company’s managers and other relevant parties.
  • Evidence that the application and the individuals are qualified to administer the payment institution in a wise and steady manner;
  • Statutory Auditors’ and Audit Firms’ Identification;
  • Documentation demonstrating the presence of bank guarantees or liability insurance;
  • Evidence that the technical requirements for reliable customer authentication and universally accepted, secure communication protocols are being satisfied;
  • Verification of the authorization fee’s payment;
  • If the application intends to offer payment services through agents, a list of the applicant’s agents is required;
  • If the applicant plans to offer payment services in branches, a list of its branches is required.

Our specialists will help you choose the best option among various businesses for sale. Feel free to contact us anytime.

Related insights

Obtaining residence permit and citizenship in Turkey when buying a property

Dreaming of life under the Turkish sun? A Turkish Residency Permit is your ticket to a carefree holiday. Residency allowance not only legalizes your stay for a year or more but also opens doors for work, depending on the type of document obtained. Learn who can get the coveted status, under what terms, and what…

Read more 03.06.2024

NIE NUMBER in Spain: Definition, Types, Procedure and Papers

Provided that you are a non-citizen, buying a property in Spain is possible with the NIE. It is your unique number as a non-citizen. It’s vital for various activities, from buying housing to making a bank account. However, it’s important to note that the NIE alone doesn’t grant lawful residency. This article will guide you…

Read more 28.05.2024

How to Purchase a Property in Spain

Buying a property in another state offers numerous chances, from generating rental income to becoming a resident or even a citizen. With a diverse range of places to choose from, finding the ideal house in Spain is within reach. While the acquiring procedure may appear daunting at first, this guide provides a clear and concise…

Read more 28.05.2024

Gaming license in Portugal

The gaming industry in Portugal has seen substantial growth, prompting both local entrepreneurs and global investors to explore opportunities in this lucrative market. Understanding the legal framework for obtaining a gaming license in Portugal is essential for those interested in documenting this sector. This comprehensive guide covers the essentials of the gaming-license process, the associated…

Read more 27.05.2024

Buying A House In Spain In 2024

Acquiring housing requires careful navigation of legal procedures and a keen awareness of the accommodation market. Before investing, in-depth investigation is vital to avoid scams, understand taxation, and stay ahead of market changes.  This guide provides valuable insights for a smooth transition to homeownership in Spain, whether you’re interested in coastal areas or major cities….

Read more 27.05.2024

Buying an apartment in Spain: Is it a good idea

Acquiring a property in Spain can be an appealing choice for numerous international investors. The country boasts stunning beaches, a pleasant climate, and a rich culture that draws people from various backgrounds. In this article, we will delve into the reasons why investing in an apartment in Spain is a wise decision. Embracing the Mediterranean…

Read more 21.05.2024

How does the Process of Buying a Property in Turkey Work?

Turkey, with its rich cultural heritage, stunning landscapes, and booming real-estate field, has become an increasingly popular destination for possession investing. Whether you’re looking for a holiday home, a retirement retreat, or a lucrative investing possibility, guiding the method of Purchasing Property in Turkey can be an exciting yet daunting task. In this comprehensive guide,…

Read more 13.05.2024

Crypto license in the Dominican Republic

Crypto has significantly altered the economic landscape globally, offering innovative ways to transact and invest. As these digital assets gain traction, various countries are establishing adjustment substructures to oversee their use and protect investors. The Dominican Republic, known for its progressive policy to technology and finance, has also begun to navigate the complex terrain of…

Read more 24.04.2024

5 Best jurisdictions for Gaming license

In the vibrant realm of online-gaming, selecting a jurisdiction for achieving gaming permission transcends a mere adjustment formality; it’s a crucial decision impacting field access, tax obligations, and the brand’s prestige. A wise choice can unlock doors to profitable fields, build trust among players and partners, and ensure a stable legal framework conducive to growth….

Read more 17.04.2024

In which countries is it better to buy Real Estate in 2024?

In the ever-evolving landscape of global real-estate acquisition, the question of where to invest money is crucial. While the past may offer some insights, the future is where depositors aim to position themselves for success. Now, in 2024, various factors come into play when determining the best countries for real-estate acquisition. From economic solidity to…

Read more 16.04.2024

Top 6 Best Offshore Jurisdictions for crypto:

In recent years, the cryptocurrency field has witnessed exponential growth, attracting investors and enthusiasts alike from all corners of the globe. However, navigating the legal landscape surrounding cryptocurrencies can be complex, with adjustments varying significantly from one lawfulment to another. For those looking to establish a crypto-related business or simply seeking a favorable adjustment circumstances…

Read more 08.04.2024

What is important to know when buying Property in Turkey?

Whether you’re considering purchasing a holiday home, an investment in property, or relocating permanently, buying real estate in Turkey can be a rewarding venture. However, like any possessions purchase, it requires careful consideration and research to ensure a smooth transaction and avoid potential pitfalls. In this guide, we’ll explore the key factors to keep in…

Read more 21.03.2024