Licensing

LICENSING IN SWITZERLAND Switzerland is known as a global leader in facilitating financial transactions. It actively implements reforms in the legislation, taking into account the development trends of the cryptocurrency market, and creates favourable conditions for cryptocurrency companies’ activities. Particular attention is paid to ensuring the legitimacy and transparency of the industry. Companies directly interacting […]

LICENSING IN POLAND Polish legislation is famous for its transparency and loyalty, and doing business is not restricted in Poland. Therefore, registering a company here is much easier than in other European countries. This rule applies not only to local investors but also to foreign ones. However, it is essential to consider that some activities […]

LICENSING IN LATVIA It became possible to obtain a financial license in Latvia after the 2009 EU Directive adoption. Such a document is issued by a specialized Commission and it allows working with foreign agents. The license is valid throughout the European Union, however, it is necessary to first inform the Commission and go through […]

LICENSING IN CYPRUS Yet, in order to provide financial services, a licensing procedure must be undergone. The state regulator in Cyprus is the Securities and Exchange Commission (CySEC), and licenses are issued by the Central Bank of Cyprus. All financial organizations are included in the Unified State Register.

LICENSING IN ITALY Italy has a developed economy with further growth prospects and high living standards. In addition, a convenient geographical position ensures effective interaction with other countries and the strengthening of trade ties. No wonder Italy is the “promised land” for opening a financial company for many entrepreneurs. However, one should not start doing […]

LICENSING IN GREECE Greece features a wide range of business opportunities and less stringent control among the European Union member states. In addition, even non-residents can open a company here. Yet, the precondition is that the owner has a business plan, and the funds are received legally. Businessmen planning to engage in financial activities must […]

LICENSING IN FRANCE The French economy ranks seventh in the world, and Paris is known as the largest financial center of the European Union. This country is closely integrated into the world economy and is open to foreign investors. Therefore, many companies seek to open a business in France, especially in the financial sphere. However, […]

LICENSING IN GERMANY Germany holds a leading position in technological and industrial sectors, it ranks fifth in terms of living standards. Therefore, it is a prestigious place for doing business. Among others, German businessmen focus on the service sector, especially financial ones.

LICENSING IN THE UK To conduct financial activities in the UK, you must obtain the appropriate permission. Also in the UK, financial licenses for cryptocurrency transactions are issued, although the legislative regulation of digital business is in its infancy.

EU LICENSING All companies providing financial services in the EU must obtain an appropriate license. This requirement applies primarily to the following activities: banking, insurance, provision of payment services (including e-money), cryptocurrency business (stock exchange, online currency exchangers), FinTech, etc. The European Union imposes increased requirements for licensing, with particular attention to the control of […]

ADVANTAGES OF OBTAINING A LICENCE IN SINGAPORE Registering a payment system in Singapore provides many opportunities for conducting a successful international business. The company is eligible to do business both in Asia and in the European Union. Singapore licences are very popular because of the loyalty of the regulatory authorities to the business. The attractiveness […]

Over the past decade, the Czech Republic has evolved into a country with a well-developed and sophisticated financial system as well as transparent legislation. The financial regulation in the Czech Republic, which is standardized according to the EU requirements, enables to conduct reliable businesses that clients are willing to trust. One of the standards is […]

ADVANTAGES OF OBTAINING A LICENCE IN LITHUANIA Registering a payment system in Lithuania opens up many new prospects for international businesses development. This licence makes it possible to conduct business throughout the Eurozone, which means that a company has the potential to promote its services or products almost all over the world. No licence is […]

ADVANTAGES OF OBTAINING A LICENCE IN SPAIN Registering a payment system in Spain provides many opportunities for conducting a successful international business. This licence entitles a company to do business throughout the European Union, making its services available almost all over the world.  The advantages of Spain are the relatively low cost of labour and […]

The last decade has seen an ever-increasing interest in Portugal, not only in terms of tourism, but also entrepreneurship, including business in the financial sector. The country provides quite favourable conditions for setting up and registering new companies as well as obtaining the necessary financial permits. The main requirement is to fulfil the precisely defined […]

Financial market analysts consider the banking system in Canada to be one of the most robust and rapidly growing. Canada has successfully overcome all the turbulences associated with the international crisis and today its economy is one of those that meets all the basic requirements in terms of, for example, securities markets, taxation, levels of […]

ADVANTAGES OF OBTAINING A LICENCE IN ESTONIA Registering a payment system in Estonia provides many opportunities for conducting a successful international business. This licence entitles a company to do business throughout the European Union, making its services available almost all over the world.  Estonia has the advantages of relatively low labour costs, transparency of the […]