Local authoritative bodies are precisely controlling the dynamically-developing FinTech-market and are quickly reacting to innovative developments. Laws regulating business-activities of providers, operators-issuers of e-money and payment mechanisms are periodically adjusted following norms and standards of current time. Permits from the country’s official body FINMA are becoming mandatory for FinTech-banks, crypto-exchanges and other organizations operating in this innovative niche.
Our team is first-class professionals in field of establishing and licensing organizations worldwide. We function to achieve perfect results for our clients. Our experts provide you with highly-professional advice on all issues related to SEMI licenses in Ireland, Germany, Portugal and other countries. We’re ready to grant you the option of sale of a small electronic money issuer license in Switzerland as a ready-made business-project.
In case of direct interaction of local firms with client finances, business-structure is considered as a banking deal, requiring an appropriate permit. Despite fact that e-monetary means isn’t officially considered legal tender, its acceptance and storage are considered of deposit-nature subject to a banking permit. Exception is working with customer balances where the amount doesn’t exceed 3,000 local francs, or using funds solely to pay for goods without providing them to customers.
It isn’t mandatory to obtain a SEMI license in Switzerland if activity cannot be classified as a commercial acceptance of deposits in the equivalent of e-money. It’s acceptable if:
Getting a “fully-covering” permit locally is an expensive and complex option. There’s an alternative for entrepreneurs and start-ups: firms accepting deposits of up to 100 million francs might get a special permit with a small initial capital of 300 thousand francs; it makes entry into the industry easier.
Virtual funds platforms, incl. those enabling customers to create accounts and wallets and conduct wire transfers, are needed to meet AML/KYC normative mechanisms. Such correspondence is strictly controlled by local regulative bodies. To get a SEMI license in Switzerland, organizations need to design corresponding policies and procedures.
We’re ready to offer you a Switzerland SEMI licensed company for sale. We’ll give you comprehensively-covering advice on issues related to SEMI licenses in the UK, Latvia, Portugal and others.
A small electronic money issuer license in Switzerland allows capital-holders to implement a diversity of business-models, not limited to a specific category of business-activity. Getting it is easier than a fully-covering banking permit, but grants similar rights for FinTech-companies.
To obtain SEMI license in Switzerland, capital-holders need to complete next-mentioned phases:
We’ll accompany every your step. Our team is ready to offer interested entrepreneurs to get a small electronic money issuer license in Switzerland for sale.
Our team is ready to grant a full range of services for firms wishing to get ready-made Switzerland SEMI licensed company.
You might contact us via online-chat, by sending a message using a special form, and by the indicated telephone numbers. We grant the option of a ready-made SEMI license in Switzerland for sale, and favorable offers for SEMI licenses in the Czech Republic, Germany, Spain, Italy, Poland, Portugal and others.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.