The Electronic Money Institution (EMI) License in Estonia

Here is how to obtain an Estonian Electronic Money Institution license. The detailed procedure is available in our article https://companyincorporationestonia.com/emi-license-in-estonia/.

1. THE ELECTRONIC MONEY
INSTITUTION (EMI) LICENSE
IN ESTONIA
Presentation brought to you by
CompanyIncorporationEstonia.com

2. Estonian electronic money
institutions can operate under:
the Estonian Payment
Institutions Act;
the EU Directive Payment
Service Directive 2.
Legislation

3. Electronic payments are available
under:
the Electronic Money Institution
license;
the Payment Service Provider
license.
Types of Licenses

4. In order to obtain an EMI license,
an investor must register a
company in Estonia.
Registration Requirements

5. The legal form used for operating as an
electronic money is the Estonian public
or joint-stock company.
Approved Business Form

6. Estonian companies applying for EMI
must:
have a minimum share capital of
EUR 350,000;
deposit the capital in cash.
Capital Requirements

7. The following services can be
provided under an EMI license
in Estonia:
digital money issuance;
payment processing;
operation of payment
processing equipment.
Services

8. Passporting
An EMI license holder can also
operate in other EU /EEA
countries without additional
licensing requirements.

9. Setup Assistance
If you need assistance with
applying for an EMI license, our
Estonian company formation
agents can help you.

10. Thank You for Your Attention!
For more information, you can contact us at:
www.companyincorporationestonia.com
[email protected]