We offer a comprehensive package of services for the incorporation of a turnkey financial institution within the EU Member States. Our special focus taking into account the familiarity and transparency of local regulation, quality of the business environment, the scope of documents, and timing for revision of application by the authorizing institution, are the Baltics, Czech Republic, Poland, and Austria, but the final chose of jurisdiction always remains at Client’s consideration.
Our specialization includes, but is not limited to the foundation of Crowdfunding Service Provider (CSP) and Payment Service Provider (PSP) companies. Whether you wish to purchase a European financial institution with an active license or to create one “from scratch”, we are within arm’s reach to help! We provide a dedicated advisory to the Client, based on which, subject to the Client’s needs, come up with a tailor-made cooperation proposal.
We offer a set of financial, legal, managerial services and IT solutions that can be ordered in complex to enjoy an attractive package price. Alternatively, you are welcome to tick any separate positions from the list or make your own need-based order.
At a glance, our services include:
- Development of the Business model and Business plan (including plans regarding annual balance sheets and financial indicators, risk management principles and strategy, market research and in-depth competitive analysis)
- Company registration in one of the EU jurisdictions at Client’s choice (JSC or LLC)
- Facilitation in Client onboarding and opening an account with a banking or payment institution
- Set of documentation
- For applying for the financial institution license (e.g., company organizational structure, description of the internal control system, interest conflicts prevention procedures, AML and GDPR documents, other internal documents and related policies);
- For the provision of financial services (e.g., terms and conditions, agreements, etc.).
- White label cloud-based IT system and related description and technical tasks, including:
- Core System (basic functionality, API);
- Clients’ accounts;
- Back-office (administration panel);
- Activation of Service Providers (banks, PSPs, KYC and AML service providers, etc.);
- Access to back-up data
- Individual web design solution (promo web-site, clients’ accounts, and back-office)
- Customization of financial and managerial accounting and reporting
- Advice and assistance in the process of application for the activity license
- Search and assessment of HR
- Outsourcing services after the launch of the business.
Additional information
Fast
Depending on the type of financial institution, jurisdiction chosen and service package you wish to order, the expected term of service delivery from our side may vary from 30 calendar days to 6 months.
Based on terms
The term for revision of the application for the license depends on the chosen jurisdiction and local regulation, but usually takes up to 6 months. You are warmly welcome to contact us, stating your objectives and expectations to receive an individual tailor-made proposal of our services.
Full offer
A comparatively more expensive, but eventually time-saving option is acquisition of a ready-to-operate company with an existing board management and fully equipped with staff. Such solutions are exclusive and always pre-order-based, but we are able to offer them as well.
Take in mind
Kindly note that in case of such an acquisition information disclosure on the prospective beneficial owners followed by an enhanced due diligence is a must and an approval of the regulator shall be obtained before the deal.
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