FEATURED:
USEFUL:
E-MONEY
INSTITUTION
LIECHTENSTEIN OFFERS A FAVORABLE REGULATORY ENVIRONMENT FOR FINANCIAL INSTITUTIONS, INCLUDING PAYMENT AND ELECTRONIC MONEY INSTITUTION (EMI) LICENSES.
OBTAINING AN EMI LICENSE IN LIECHTENSTEIN ALLOWS AN INSTITUTION TO OFFER VARIOUS PAYMENT SERVICES AND ISSUE ELECTRONIC MONEY WITHIN THE COUNTRY AND THE EUROPEAN ECONOMIC AREA (EEA).
OBTAINING AN EMI LICENSE IN LIECHTENSTEIN ALLOWS AN INSTITUTION TO OFFER VARIOUS PAYMENT SERVICES AND ISSUE ELECTRONIC MONEY WITHIN THE COUNTRY AND THE EUROPEAN ECONOMIC AREA (EEA).
ISSUE OF STABLE COINS
[ FMA REQUIREMENTS FOR EMI ]
TO ACQUIRE AN EMI LICENSE IN LIECHTENSTEIN, YOU WOULD NEED TO UNDERGO THROUGH A REGULATORY PROCESS AND MEET CERTAIN REQUIREMENTS SET BY THE FINANCIAL MARKET AUTHORITY (FMA) OF LIECHTENSTEIN.
THESE GUIDELINES PROVIDE AN OVERVIEW OF THE PROCEDURE FOR OBTAINING A LICENCE WHEN ESTABLISHING AN E-MONEY INSTITUTION IN LIECHTENSTEIN.
DECISIONS REGARDING INDIVIDUAL CASES WILL BE MADE SOLELY ON THE BASIS OF LEGISLATIVE PROVISIONS AND INSTRUCTIONS ISSUED BY THE LIECHTENSTEIN FINANCIAL MARKET AUTHORITY IN ITS CAPACITY OF SUPERVISORY AUTHORITY.
DECISIONS REGARDING INDIVIDUAL CASES WILL BE MADE SOLELY ON THE BASIS OF LEGISLATIVE PROVISIONS AND INSTRUCTIONS ISSUED BY THE LIECHTENSTEIN FINANCIAL MARKET AUTHORITY IN ITS CAPACITY OF SUPERVISORY AUTHORITY.
COMANY
AT THE COMPANY'S FOUNDATION AS AN E-MONEY INSTITUTION
(OR THE EQUIVALENT IN SWISS FRANCS)
(OR THE EQUIVALENT IN SWISS FRANCS)
THE REGISTERED OFFICE AND THE HEAD OFFICE OF THE E-MONEY INSTITUTION MUST BE SITUATED IN LIECHTENSTEIN
350K EUR
AND OFFICE
MIN. CAPITAL
AUDIT
EMI ARE REQUIRED TO HAVE THEIR BUSINESS ACTIVITIES AUDITED EACH YEAR BY AN INDEPENDENT AUDIT FIRM OF AUDITORS RECOGNISED BY THE FMA
OBLIGATORY
DURING THE LICENSING PROCEDURE, THE FMA WILL UNDERTAKE A FORMAL AND SUBSTANTIVE LEGAL AND FINANCIAL ASSESSMENT OF THE LICENCE APPLICATION. THE FMA WILL INFORM THE APPLICANT OF ANY MATTERS THAT ARE UNCLEAR AND NEED TO BE CORRECTED AND CAN ISSUE IMPROVEMENT ORDERS.
A FEE WILL BE CHARGED IN RESPECT OF THE LICENSING PROCEDURE.
A FEE WILL BE CHARGED IN RESPECT OF THE LICENSING PROCEDURE.
MANAGEMENT
& PERSONNEL
& PERSONNEL
[ THE PROCDURES ]
MIN. 2 DIRECTORS
DIRECTORS MUST HAVE EXPERIENCE (AND THE RELEVANT QUALIFICATION) IN THE FINANCIAL INDUSTRY AND BE EU CITIZENS
INTERNAL SOFTWARE AND CONTROL SYSTEM
INTERNAL AUDIT
COMPLIANCE
RISK MANAGEMENT POSITIONS
WE WILL OFFER YOU OUR LEGAL, TECHNICAL AND BUSINESS EXPERTISE AND CONSULTING SUPPORT.
PRICING
[ THE COSTS ]
COMPANY FOUNDATION, ADMINISTRATION & ACCOUNTING
FROM 10,000 CHF PER ANNUM
FROM 10,000 CHF PER ANNUM
ATTORNEY’S FEES
FOR E-MONEY LICENSE
FROM 50,000 CHF DEPENDING ON WORKLOAD
FOR E-MONEY LICENSE
FROM 50,000 CHF DEPENDING ON WORKLOAD
THE DURATION OF THE LICENSING PROCEDURE WILL DEPEND PRIMARILY ON THE COHERENCE AND COMPLETENESS OF THE INFORMATION AND THE DOCUMENTS PROVIDED UPON SUBMISSION OF YOUR APPLICATION.
WITHIN THREE MONTHS OF RECEIPT OF THE APPLICATION OR, IN CASE IT IS INCOMPLETE, WITHIN THREE MONTHS OF THE PROVISION OF ALL INFORMATION REQUIRED FOR THE LICENSING PROCEDURE, THE FMA MUST EITHER GRANT THE APPLICANT A LICENCE OR INFORM THEM IN WRITING ABOUT ITS REJECTION, INDICATING THE RESPECTIVE REASONS.
WITHIN THREE MONTHS OF RECEIPT OF THE APPLICATION OR, IN CASE IT IS INCOMPLETE, WITHIN THREE MONTHS OF THE PROVISION OF ALL INFORMATION REQUIRED FOR THE LICENSING PROCEDURE, THE FMA MUST EITHER GRANT THE APPLICANT A LICENCE OR INFORM THEM IN WRITING ABOUT ITS REJECTION, INDICATING THE RESPECTIVE REASONS.
PLEASE FEEL FREE TO CONTACT US VIA EMAIL TO RECEIVE A COMPREHENSIVE LIST OF OUR SERVICES OR TO SEEK LEGAL OR TAX ADVICE.