Eternity Law International — News — EMI license in Poland

EMI license in Poland

Published:
November 2, 2022

Poland is a state with great prospects for enterprises from Fin-sector. This state offers Fin enterprises a huge number of experts who know their field. Local market offers favorable conditions for starting a business connected with fiscal field. That’s why obtaining an EMI license in Poland is opportunity to be part of a thriving technology and financial community.

Stability and continuous development of the local environment, the active promotion and modernization of various financial services, expansion of currency exchange market – thanks to many moments, this country has become an excellent ground for the establishment of EMI. The regulatory body of the jurisdiction acts quite prudently – it clearly evaluates new enterprises, without giving companies that meet all points extra hassle associated with licensing.

Poland EMI license: regulatory body and legislative framework

Firms offering payment services in this country are allowed to operate only after going through the licensing process. The corresponding permissions are provided by regulative body – National Financial Supervision Commission.

Getting electronic money institution (EMI) license in Poland

  1. Ability to provide services to users living in the eastern part of the EU.
  2. Wide labor market.
  3. Simple bank account creation.
  4. Easy obtaining of residency for directors and workers of the enterprise.
  5. Open access to local currency; it contributes to the creation of a large-scale currency market.
  6. Support for e-payment industry by local investors and the governmental apparatus.

E-money and Payment Institution license in Poland: requirements

  1. There’re no strict rules regarding workers and directors, basic thing is there should be enough professionals for expedient quality of all services and implementation of company’s commercial plans. Regulator recommends having at least 4 local employees and 2 resident directors.
  2. Persons who manage firm needs perform functions of AML, monitor finance and accounting, manage risks, provide security and promote business development.
  3. The starting capital for EMI in Poland must be at least 125 thousand euros, while it is important to prove solvency through appropriate documentary evidence.

After the company is licensed, it is given six months to launch the infrastructure commercial processes and start doing activities.

Documents needed to license Electronic Money Institutions in Poland

  1. Statute.
  2. Services list to be offered.
  3. Financial reports.
  4. A plan for at least 3 years, along with marketing, financial and operational plans.
  5. Solvency confirmation.
  6. Company risks management and supervision plan.
  7. Company internal structure.
  8. Personal data of directors, shareholders and other people who have a strong influence on the operation of enterprise.
  9. Confirmation of compliance of applicant and directors with norms for high-quality and accurate management of a fin-company.
  10. Personal data of auditors and audit organizations.
  11. Confirmation of correspondence with technical security and privacy standards.
  12. Payment of registration fees.
  13. List of agents, if their participation in the business is planned.
  14. List of branches of organization, if operations from several branches are planned.

In order to ensure a fast and cost-effective acquisition of Poland E-Money Institution License, our specialists are glad to guide you during whole process. We are ready to take over the entire registration and legalization processes and guarantee the efficiency of the process and support at all stages of opening a company. You may also consider ready-made companies for sale we have prepared for you.

Please contact us to get more information.

You can see our current offers in the categories “Cryptocoins and licensing of cryptocurrency operations”, “Ready-made companies”, “Banks for sale” and “Licenses for sale”.

Businesses for sale

EMI License in Lithuania for Sale

Europe, Lithuania EMI License
This’s a great possibility to buy an EMI license in Lithuania, completely ready for future work. Features and functionality of EMI license in Lithuania for sale Main operational and structural features of permit are as follows. The company is established in Lithuania. Year of firm’s establishment: 2017. Authorization from Lithuanian Bank was received in same...

EMI license in Estonia for sale

Europe, Estonia EMI License
This is a new investment opportunity – EMI license in Estonia for sale. Please check out the main details regarding this proposal below. Ready Made EMI license in Estonia: key considerations Clean license, hasn’t started operations; Bank accounts in Estonia and Lithuania; Company has direct CentroLink connectivity; Passportisation to EU countries; Can be sold with/without...

For sale EMI LICENSE IN CZECH REPUBLIC

Europe, UK Crypto forex brokers
There are two types of licenses for electronic money institutions in the Czech Republic: EMI – electronic money institution, and SEMI – small electronic money issuer. Specialists of Eternity Law International have extensive experience preparing the necessary documents and complete knowledge for the correct paperwork for obtaining EMI and SEMI licenses in the Czech Republic....

You could be interested

Forex Licensing in Saint Vincent and Grenadines, and Comoros Islands: An Overlooked Decision

Potential investors mulling over the prospect of shifting their transactions to foreign lands may confront unanticipated regulations, as exemplified in the year 2023 on the Foreign Exchange Brokers SVG archipelago. The authorities dictated distinct authorizations within a lunar cycle for all enterprises partaking in fiscal undertakings within these overseas regions. Non-compliance or failure to adhere...

Global changes in the Curacao license system

Creating a legal entity in Curacao is generally quick. Companies only need to comply with the local-regulator’s prerequisites and not violate generally accepted rules. However, local legislation regarding the licensing of companies is updated periodically and not everyone understands what prerequisites they need to follow. The unrestricted rules remain largely unchanged in the region. However,...

BVI Fund Formation for Global Investors: Legal and Strategic Insights

One of the first pillars to establish in the world of global finance is where to incorporate investment vehicles, and the British Virgin Islands (BVI) is one of the most popular places to do this. The attraction of a BVI investment fund lies both in the territory’s tax neutrality and in its loyal judicial form,...

Regulation of asset management in Luxembourg

A standard-setter in the execution of Eurοpean fund regulation, Luxembourg plays a pivotal role in establishing platforms for internatiοnal fund allocation and granting EU retail and institutional clientele access to cross-border investing facilities. The 2nd-largest fund servicing jurisdiction in the world after the US, this is a preferable choice for fund managers and financiers alike,...

Directive № 5 in Malta

In 2018, 2 important events took place for the world of virtual currency and digital wallets. One of them is Directive № 5 in Malta. The Government of the island of Malta adopted 3 legal acts regulating the sandbox of the blockchain. And in June, the EU Herald published the Fifth Money Laundering Directive, which...

Company registration in Bangladesh

For foreign investors, Bangladesh is one of the most attractive jurisdictions because of the following: Due to the above factors, investors who want to freely cooperate with the Asian, first of all, the Chinese, market seek to create a company in Bangladesh. Bangladesh is offshore, which makes it possible for any entrepreneur, regardless of residency,...

Related posts

EMI license in the UK

Electronic money is a new medium’s creation that is a result of contemporary paying tools evolution. In case you want to be entitled to issue digital cash and give e-money accounts to consumers, receiving a UK EMI license is mandatory to purvey these types of services. The article will help you to sort out all...

PSP license in Poland

Entrepreneurs who intend to get a PSP-license in Poland need to prepare and correctly fill out all the required documents, open a bank account for the implementation of commercial goals, create a business-plan, select employees for the future firm and ensure that control mechanisms are maintained and ensure future activities. The professional lawyers of our...

EMI license in Portugal

Introduction Portugal, known for its picturesque landscapes and rich cultural heritage, has also emerged as a hotspot for businesses, especially in the fintech sector. One key aspect that has contributed to this trend is the availability of EMI (Electronic Money Institution) licenses in the country. In this article, we will delve into the requirements, services,...

Crypto License in Poland

Crypto-currencies have taken a strong place in the modern world, attracting more and more investors to get involved in crypto-activities. Poland is quite forward-looking towards crypto and is doing its best to open its market to expand the scope of the blockchain. In jurisdiction, there’s separate regulations for crypto-currencies, which guarantees officiality of services offered...

AEMI license in Poland

AEMI is registered in Poland and has the right to offer interested consumers a general range of all or a certain narrow list of payment-services, particularly, those related to e-money. An organization having such a permit as AEMI license in Poland has rights to spread its services both in this state and in other EEA...

EMI license in Cyprus

Companies that specialize in payment services in Cyprus are controlled at the legislative level. The provisions of the new directives, in comparison with the previous ones, are aimed at the future improvement of the payments sector in the EU for the benefit of companies and customers. The new regulations also help develop new internet and...

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.

Ready-made companies for sale

Companies with a bank account around the world

Banks for sale

Established Banks for sale

Ready-made licenses for sale

Forex, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Licensing

Forex licenses, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Offshore company registration

Expert advice on the acquisition of an offshore company

Open a bank account

Open bank accounts in more than 120 banks around the world
Fill the blank: