I'm sure you all know about paying the license plate. Today, let's talk about Lithuania's EU payment license and electronic currency license, which have high gold content.

The Bank of Lithuania, the Central Bank of Lithuania, is the main financial supervision institution in Lithuania, which integrates the functions of the Central Bank of Lithuania and the financial supervision institution (supervision institution). Relatively loose supervision has greatly reduced the registration, licensing and maintenance costs of financial institutions, making Lithuania a region where hot financial companies are concentrated in the world.

The tasks of the central bank include:

Promote and develop Lithuania into an international financial service center;

Protect and strengthen Lithuania's reputation as the financial center of the European Union;

Proper supervision and supervision of international financial services;

Formulate policies, advise the government and assist in the supervision of such services;

Collect, archive and disclose reliable and timely information, and always track the changes and new trends related to these services.

1. Lithuania does not specifically require the management of the company to operate locally;

2. You don't need to register the company first to apply for a license, but you can register the company's operation after you get the license;

3. Quickly apply for a certificate, and the time is about three months;

4. The company information documents and compliance documents submitted can be in English;

5. Remote client authentication. The innovative "know your customer" process verifies the account opening of remote customers, without the need for customers to handle accounts on the spot;

6. Passports from other EU jurisdictions. Passports in other EU countries are free and take one month.

7. No sanctions will be imposed in the first year. Lithuanian bank promises to support start-ups, and in the first year of operation, if the company has minor violations, it will not be punished;

8. Apply for a visa. Customers from non-EU regions can apply for Lithuanian entrepreneurship master visa.

Capital deposit: the capital deposit required by the Central Bank of Lithuania to pay the license. The deposit is 6.5438+0.25 million euros. Before obtaining the license approval, the company does not need to pay the capital deposit. After the company obtains the license, it needs to register the company and pay the capital deposit.

Qualifications for directors and board members: The Central Bank of Lithuania has strict auditing requirements for directors and shareholders of payment institutions, and only qualified directors and shareholders can apply for licenses for the company.

Requirements of directors: Must have a higher education background in law, management, business management or economics. In the past eight years, he has worked as an executive in a financial company with payment and related business for two years. Directors are required to submit the following personal documents:

1, personal identification documents, such as passports;

2. Complete the questionnaire of the Central Bank;

3. Notarization without criminal record;

4. degree certificate.

The company has at least two other board members with higher education background in law, management, enterprise management or economics, and has held senior positions such as auditing, lawyers, financial practitioners and accounting for 65,438+0 years in the past five years. Board members are also required to submit the following personal documents:

1, personal identification documents, such as passports;

2. Complete the questionnaire of the Central Bank;

3. Notarization without criminal record;

4. degree certificate.

Shareholders' requirements: If the shareholders of Lithuanian companies are companies or enterprises, the following documents are required:

1, registration document of Hague certification company;

2. Financial statements and audit reports for the last three years;

3. A list of one or more managers, indicating their names, positions and the good reputation and experience of each natural person;

4. Articles of Association.

If the shareholders of a Lithuanian company are natural persons, the following documents are required:

1. Copy of passport and public address certificate;

2. Fill in a complete questionnaire about the reputation and experience of natural persons;

3. Documents and data describing the financial situation:

Annual tax returns for the past three years;

1. Details of personal assets and liabilities, including available funds, movable property and immovable property,

2. Providing and obtaining loans, and issuing guarantees, guarantees, mortgages or seizure of property;

3. Proof of no criminal record in the country of residence.

The process of applying for license payment takes about 4-5 months:

1. Prepare due diligence documents for directors and shareholders of the company to ensure that they meet the requirements of "appropriateness and appropriateness";

2. Prepare compliance documents for license application, such as business plan, business operation mode, three-year financial forecast, internal operation manual, combating money laundering and terrorist financing, understanding your customer process,

3. Customer contract, company structure chart, etc.

4. Submit the license application to the Central Bank of Lithuania and answer all questions/opinions (if any) raised by the Central Bank on the company;

5. obtain a license;

6. Registered company;

7. Pay capital deposit

Our regulatory license business scope: US MSB license, Canada FintracMSB license, US NFA license, Estonia MTR license, Australia AUSTRAC license, UK FCA license, Malta regulatory license, Bahamas regulatory license, Mauritius regulatory license, Japan FSA financial supervision, Hong Kong SFC financial supervision, Singapore Foundation, Singapore mas financial supervision, Xiyou Technology, Global overseas regulatory licenses such as Saint Vincent's Registered Text Regulatory, VFSC Vanuatu Regulatory, UAE FSRA License, Cyprus CySec License, Belize IFSC License, New Zealand FSP and FMA License, Australian ASIC License, Swiss FINMA License, Seychelles FSA License, Cayman.