Eternity Law International News PSP license in Belgium

PSP license in Belgium

Published:
November 17, 2023

After the approval of the second EU Directive, in accordance with the Belgian law controlling the financial field of the jurisdiction, the possibilities of financial services and the establishment of such businesses for entrepreneurs from other countries were expanded. This type of activity is subject to FSMA licensing. Enterprises that operate in several areas at once, including payment systems and electronic money, also need to get a license.

Our company specializes in establishing and licensing commercial structures. We work all over the world and cover hundreds of areas of business-projects. Our firm is also ready to offer you many ready-made enterprises and licenses for sale, in particular, PSP in Kazakhstan, crypto-license in Estonia, gambling permit in Malta and much more.

Requirement list for licensees

According to the laws of the jurisdiction, firms that want to obtain a PSP-license in Belgium must meet the following criteria:

  • have an authorized capital of 350,000 euros;
  • you must have a local office in the country and at least 3 directors. One director must be a resident of Belgium;
  • the firm must confirm the availability of IT, digital and telecommunication devices necessary for the provision of services, delivery and purchase of electronic money;
  • and it is imperative to comply with all rules and policies of the law regarding the prevention of illegal circulation of funds.

Benefits of Belgium for PSP

  1. Some of the largest and strongest commercial connections in Europe.
  2. The jurisdiction is located in the center of Europe.
  3. Brussels has the status of the official capital of Europe.
  4. Banking institutions offer a high probability of approval of a long-term loan at a low interest rate for a start-up business.

PSP-licensing service in Belgium

Our firm has been in the business licensing market for quite a long time, so it knows all the nuances of the permitting process and will advise you on any issues related to this area.

  1. Professional lawyers will help in preparing all the necessary documents and will simplify the entire process of getting a permit to the maximum:
  2. we will select the optimal type of enterprise and tax model;
  3. We will help you register an organization, open bank accounts and find an office;
  4. we will fill out your documents and send them to regulatory authorities;
  5. We will also take care of all communication with the regulator.

We will minimize the risk of refusal to issue a permit and will take upon ourselves the collection and preparation of the necessary documents to save your time and obtain permission for you to conduct business-activities as soon as possible.

What is included in our services

Our employees are true masters who know their goals and confidently move towards achieving them. The firm offers full support to anyone who wants to register and license a business-project in Belgium and other jurisdictions.

  1. Opening an organization in any country.
  2. Preparation of documents and assistance in getting licenses and additional permits.
  3. Communication with regulatory authorities.
  4.  Opening a bank account for the firm.
  5. Consultations and additional service range.
  6. Ready-made companies and licenses for sale, in particular, PSP-licenses in Germany, France, Poland and other jurisdictions.

We guarantee the quality of our work and strive for fast and effective results.

How much does a PSP-license cost in Belgium?

The cost of getting such a permit in Belgium is calculated individually for each firm, depending on the type of organization, planned turnover of funds and many other nuances. Our specialists will calculate the exact price and provide a full estimate for each client separately, depending on requests.

Our advantages

We have been operating in this area for many years, so we have many satisfied reviews from clients and an excellent reputation. Our lawyers are the best in their field. The task of each employee of our firm is an individual approach to each client and selection of the most optimal conditions for cooperation.

  1. Extensive expertise of working in various jurisdictions.
  2. Lots of satisfied clients in different jurisdictions.
  3. Additional services for companies.
  4. Focus on better results.
  5. Guarantees of quality work.
  6. Consultations at every stage of licensing.

Take advantage of the services of our expert firm and get advantageous offers for your business-project today. We’ll help you collect all the documentation, draw up a business-plan, if required, and take care of communication with the regulator at all stages of registration and licensing of your enterprise.

Table of contents

You could be interested

APIs in the UK

We can assist you in gaining the UK Authorized Payment Institution License if you desire to propose various options for clients such as funds transfers, processing of payments, or supplying opening accounts. UK government’s API and Ordinances The corporation is obligated to receive a permit from the FCA to process payments as an API in...

Regulation of cryptocurrencies in Latvia

To date, at our request to the FKTK – Financial and Capital Market Commission, we have received the official opinion of the Latvian regulator on the activities of cryptocurrencies in Latvia: The emission and use of this type of financial instruments such as cryptocurrencies, in particular bitcoin, is not regulated in any way. Therefore neither...

Defense Against Interpol Red Notices in Germany

It is obvious that trapping such a lawsuit concerning a notification can present a harsh and high-stakes struggle, carrying far-reaching lawful and personal consequences. Depending on whether these decree stem from politically charged accusations, lawful discrepancies, or baseless claims. As a result, those people must act swiftly to safeguard their rights and interests. Regarding this...

Company registration in Albania

Registration of a company under the jurisdiction of Albania and opening an account in one of the Albanian banking institutions is an excellent opportunity to implement large business projects and bring them to the European market. For entrepreneurs, Albania is beneficial for the following reasons: stable economic and political situation; advantageous geographic location; the banking...

Mergers & Acquisitions in Portugal

Deals don’t always make headlines when they happen in Portugal. But over the past year, a steady current of mergers and acquisitions has picked up in the country – not with the scale of mega-buyouts, but in the form of precision plays by mid-size firms, fund managers, and private equity groups who see a window...

AEMI license in Cyprus

This’s globally-recognized merchant state with an excellent reputation in the field of finance. It offers a favorable environment for organizations providing their services in  field of Fintech-services. AEMI license in Cyprus gives you access to a stable and developed space, ideally suited to the implementation of various commercial strategies. Regulatory bodies and norms covering authorized...

Related posts

AEMI License in Belgium

This direction  prominents as a prime place for receiving an AEMI licence, which opens doors to providing e-money facilities all around the EU. This type of certification permits commercials to emit e-money, process transferring operations, and offer a range of digital monetary facilities under Belgium’s well-regulated monetary environment. This article outlines the essential facets of...

Get Your Trust License in Belgium

A trust is a contractual relationship in which one party holds financial assets or property for the benefit of another. A trust is used by the grantor or grantor of assets who transfers financial means or real estate to the trustee. The trustee holds this for the beneficiaries and has the power to dispose of...

SEMI license in Belgium

Following the adoption of the Payment Services Directive 2, Belgium has expanded the possibilities of using electronic money for residents and foreign entrepreneurs. Such activities now require a permit from FSMA. This also applies to companies engaged in various types of activities, including payment systems.Our company consists of specialists of the highest category who are...

EMI license in Belgium

The financial landscape is undergoing rapid transformation, with E-Money Institutions (EMIs) playing a pivotal role in reshaping our approach to financial transactions and sales. Belgium, frequently referred to as the “Fintech Epicenter of Europe,” stands as a symbol of innovation within the financial sector. One of the driving forces behind Belgium’s burgeoning fintech sector is...

PSP license in UK

Great Britain is a financially stable countryside. Therefore, opening an interchange in this region is a guarantee of safeness for acquisitions and the opportunity to multiply them. The global financial crisis has had almost no effect on the development of the country’s economy, and the experience of its top managers has made it possible to...

PSP license in Cyprus

Enterprises providing payment services to Cypriot community and foreign customers being registered locally are covered by strict normative regulations. PSP license in Cyprus allows firms to act as providers of next-mentioned: Thus, to establish such structures in this jurisdiction and offer legally-permitted services, entrepreneurs should be owners of such permission as payment agent license in...
Fill the blank: