Malta is at the forefront of e-commerce regulation being one of the first of the EU countries that allowed standalone e-money institutions. This business model is considered to be very efficient since certain amendments to the regulatory regime have been made (for example, decrease of start-up capital to establish an EMI).
An E-Money Institution (“EMI”) is a financial entity licensed according to the Malta Financial Institutions Act and approved to issue E-money or that keeps an identical authorization in other countries in terms of the E-Money Directive.
Also, such entities licensed to carry out the activities as follows, contingent on the prior authorization of the Malta Financial Services Authority (MFSA):
The Financial Institutions Act (Cap. 376) defines whether a company would be regarded as belonging to a business group or opposite as regulated by another person. Anyway, in the case of reasonable doubt as to whether a company would demand that a license be issued in its favor pursuant to the Malta Financial Institutions Act, the cause would be decisively decided by the MFSA.
We also have available EMI in Malta for sale. The purchase of a ready-made company with a financial license is best solution. It allows you to acquire the financial licensed company in short term.
Do not hesitate to contact us if you are looking for an available EMI licensed company in Malta.
We have multiple options worldwide!
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.