Until recently, any crypto-currencies were not listed on these islands, but in light of the rapid development of the crypto-industry around the world, now this jurisdiction has become one of the most promising and popular places for obtaining a crypto-license. Below we will look at the main aspects of crypto-regulation and the procedure for obtaining…
In the dynamic monetary field of Singapore, achieving an Electronic Money Institution (EMI) permission is a pivotal step for enterprises aiming to operate in the digital payments sector. This comprehensive article explores the intricacies of acquiring an EMI permission in Singapore, including the adjustment substructure, application process, operational conditions, and strategic considerations for accordance and…
Malaysia is one of the first countries to introduce cryptographic regulation policies. Under such policy, crypto-currencies are classified as securities, and according to Minister of Finance, the Malaysian governmental authorities believe that crypto-currencies and blockchain-technologies have tremendous potential to stimulate economic progress. It is believed that digital assets and their underlying blockchain technology can help…
The Dubai Worldwide Financial Centre (DIFC) is a pivotal hub for global finance in the Middle East, providing a sophisticated and business-friendly circumstances designed to facilitate growth and invention in the economic sector. As one of the world’s premier monetary free zones, DIFC supplies a unique adjustment and legal substructure, attracting a broad array of…
Overview An Australian Financial Services License (AFSL) licensed company for sale, established in 2004 and holding a credit license, is available for sale. This company is authorized to conduct comprehensive financial services and is perfectly suited for immediate operational commencement. Company Details Registration Year: 2004 Bank Account: Maintained with St. George Bank Support: Assistance with…
Overview This Securities Dealer licensed company for sale in Seychelles and registered in 2023, is currently available for sale. It operates under full compliance with local regulations, presenting a clean and streamlined opportunity for immediate operational takeover. Company Details Location: Seychelles Registration Year: 2023 License Type: Securities Dealer License Staffing and Infrastructure Staff Composition: The…
This is a new investment opportunity – AFSL license in Australia for sale. Please check out the main details regarding this proposal below. AFSL license in Australia for sale: key considerations Active company licensed by Australian Securities & Investments Commission (ASIC) in 2023; Allowed activities (financial product advice, deal in a financial product, custodial or…
Corporate Overview Establishment Year: 2018 Capital Structure: CHF 100,000 Licensing: Licensed as a Portfolio management company in Geneva for sale by FINMA in 2022; previously operated under SRO status. Business Operations of Portfolio management company in Switzerland for sale Core Activities: Specializes in providing financial advice and asset management services. Additional Capabilities: Authorized to establish…
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+1 (888) 647 05 40In the ever-evolving landscape of financial services, obtaining a Small Payment Institution License (SPI License) has become indispensable for enterprises venturing into sales-related endeavors. Whether you’re launching a fintech startup or representing an established financial institution, a deep understanding of the prerequisites, advantages, costs, and procedures associated with securing an SPI License is paramount. This article will explore the world of SPI licensing, shedding light on its significance and the steps required, including the pivotal role played by regulatory authorities such as the Financial Conduct Authority (FCA).
To get an SPI License, your corporate entity must meet specific prerequisites mandated by the prevailing legal framework. These foundational criteria are designed to ensure that only entities with the requisite competence and suitability are granted permission to engage in sales-related activities. Key prerequisites include:
Securing an SPI License offers several benefits:
The process of getting an SPI License involves several steps:
Consultation: Expert guidance throughout the licensing process, ensuring compliance with all regulatory requirements.
Application Assistance: Assistance with preparing and submitting the application, increasing your chances of approval.
Compliance Support: Ongoing support to help you maintain compliance with regulatory obligations.
Understanding the tax implications for registered SPI companies is crucial, as it can significantly impact your financial stability and profitability. Tax laws and regulations can vary widely from one jurisdiction to another, adding complexity to the financial sector’s taxation landscape.
When it comes to understanding the price of obtaining an SPI License, it’s essential to recognize that it’s not a one-size-fits-all scenario. Costs can vary significantly based on factors such as:
Our Advantages as Your SPI License Partner
Choosing us as your partner in obtaining an SPI License offers several benefits:
The Small Payment Institution License gives a registered Authorized Payment Institution, granting you the legal permissions to participate in sales activities. Understanding the requirements, advantages, and procedures as involved is crucial for any business seeking success in the financial services industry. With our assistance, you can navigate the complexities of SPI licensing and unlock new opportunities for growth and success in the world of finance.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.