Zurich+41 435 50 73 23
Kyiv+38 094 712 03 54
London+44 203 868 34 37
Tallinn+372 880 41 85
Vilnius+370 52 11 14 32
New York+1 (888) 647 05 40
Today, Ireland is home to a significant number of PI, some of which are self-established, while others have been attracted to Ireland by the active and successful Fintech sector.
This article provides info for business-companies considering applying for payment institution registration. Irish bank is the competent authority for the enrollment and supervision of PI under the EU Regulation 2018 (PSR).
Today’s country is home to over 430 financial favors companies, including 20 of the world’s top 25 institutions.
Ireland’s unique ecosystem has led to the development of a world-class fintech sector that continues to grow every year. The country recently published a new strategy for the international financial services industry, called Ireland for Finance, which outlines ambitious goals for the growth of the IFS industry in Dublin, which acts as a leading monetary services hub.
Ireland is an excellent location for R&D and innovation, as the jurisdiction provides monetary support, including tax credits and monetary assistance from IDA Ireland.
Virtual money business-companies in Ireland advantage from a competitive corporate tax rate of 12.5%, comprehensive double taxation agreements and numerous research and development tax credits.
Companies working with e-money or payment institutions in Ireland have right to obtain a passport for other European countries.
You can employ to become a Small Payment Institution if you meet the following conditions:
A PI license in Ireland is only issued to applicants who are registered in the country and have a real registered office there. Also in the state there are certain demands for the company:
Firms requiring an Irish payment system license must comply with additional demands from the Central Bank. Also, you will need a standard documentation package for European regulators. The licensing procedure consists of the next steps:
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”.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.