In today’s world, where online gamble sphere is becoming more and more important, it is important to understand that the legality and security of your business directly depend on the license. One of these licenses is the gambling permit issued in Tobique – Malecete First Nation in New Brunswick, Canada. It’s a unique area bordering…
The USA remains in list of largest and most influential fin-centers worldwide. Getting US EMI-accounts gives organizations possibilities with access to the global fin-market and innovative payment mechanisms. With active progress of the fin-industry, the USA became an appealing jurisdiction for organizations seeking to manage their fin-operations more efficiently and securely. Opening a payment system…
Canada is in list of most-developed countries in terms of fin-technologies and innovatory payment mechanisms. With its sustained economic environment and strict regulative basis, Canada attracts organizations wanting to get accounts in payment systems. Canadian authorities are actively supporting the progress and wide involvement of fin-technologies; it creates a benevolent basis for business-activities in niche…
UK stands as a prominent globally-known financial hub, renowned for its exquisite banking-related and financial environments. In recent years, the UK has become a prime destination for firms aiming to set up accounts in payment systems, particularly within EMIs. UK’s regulative climate is extremely supportive of Fin-technologies, pushing it to be an ideal choice for…
This is a new investment opportunity – Maltese EMI & MiCA Regulated Company for sale. Please check out the main details regarding this proposal below. Maltese EMI & MiCA Regulated Company: key considerations Company with EMI and MiCA licenses in Malta for sale; Activities (money remittance, e-money, acquiring, payment cards, crypto exchange) Safeguarding bank account…
This is a new investment opportunity – MSB licensed company in Delaware for sale. Please check out the main details regarding this proposal below. MSB licensed company in Delaware: key considerations Plug-and-play Delaware MSB with established payment services platform; The company does not have customers, AUM, or revenue; Platform functionality (bank transfers, SWIFT and SEPA…
License Details of this Africa Gaming Company for Sale License: A clean gambling license from the Mpumalanga government, free of debt or liabilities. Operations Covered: Online sports betting. Online casino and gaming. Retail shop opportunities. Proposed Investment Acquisition Cost: €250,000 for the license. Monthly Operational Costs: Estimated at €6,000. Investment Includes Registered business address. Local…
An opportunity to acquire an AUSTRAC-licensed company offering both crypto and remittance services in Australia. Key Features of AUSTRAC-licensed company Bank Accounts: Business accounts are held with Australia and New Zealand Banking Corporation (ANZ), ensuring reliable financial operations. Services: Provides a range of banking services, including personal, corporate, and commercial lending, along with public lending,…
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+1 (888) 647 05 40Switzerland’s enduring reputation in the world of finance and its consistent economic stability have made it a prominent choice. For enterprises with ambitions in the European financial landscape, the Swiss Electronic Money Institution (EMI) license presents a captivating opportunity. In the following sections, we will delve into the intricacies of securing an EMI license in Switzerland, encompassing its prerequisites, advantages, and the application procedure, bank accounts, transactions, taxation, costs, and the value-added services that can streamline the journey.
The acquisition of an EMI license in Switzerland is subject to a rigorous set of prerequisites. These include:
Access to the European Market: Possessing an EMI license in Switzerland grants unimpeded entry to the European Union (EU) single market, enabling companies to seamlessly offer services across EU member nations, substantially broadening their market presence.
Diversification of Financial Services: EMI license holders have the advantage of offering a diverse array of services, encompassing electronic money issuance and the facilitation of electronic payments and sales. This adaptability is particularly attractive to FinTech firms seeking to broaden their portfolio of services.
Boosted Reputation: The possession of an EMI license enhances a registered company’s credibility, instilling confidence in both clients and prospective collaborators. This elevated standing can facilitate the formation of partnerships and foster increased customer acquisition.
Operational Autonomy: EMI license holders gain greater control over their financial operations, reducing reliance on third-party payment processors and enabling tailored services to meet customer demands.
The path to securing an e-money license in Switzerland can be outlined in several steps:
Preparation: Ensure your company meets all eligibility criteria and gathers the requisite documentation.
Application Submission: Submit a thorough application to the Swiss Financial Market Supervisory Authority (FINMA), detailing your business plan, governance structure, and AML/KYC policies.
Review Process: FINMA conducts a meticulous review of your application, which may extend over several months to ensure your readiness to operate as a FinTech institution.
Approval: Upon successful review, you will receive your EMI license, granting permission to commence financial operations.
What is Included in Our Services
Comprehensive Guidance: Expert consultants provide step-by-step assistance, ensuring your application aligns with law requirements.
Regulatory Compliance: Professional services help issue and maintain robust AML/KYC procedures, guiding you through ongoing regulatory changes.
Risk Assessment: These services assist in identifying and mitigating potential risks in your business plan and operational model, ensuring a smooth and secure transaction and sales.
EMI companies in Switzerland are subject to corporate taxation. The country’s corporate income tax rates are competitive, typically ranging from 12% to 24%, depending on the canton where the company is based. Additionally, Swiss VAT regulations apply to financial services.
The price of obtaining an e-money license in Switzerland can vary significantly based on various factors. These include the complexity of your business model, the extent of professional assistance required, and ongoing compliance price. Budgeting for application fees, legal and consultancy fees, and other related expenses is essential.
Selecting the right partner for your EMI license application can profoundly impact your success in this endeavor. Our services offer distinct advantages:
Expertise: Our team comprises seasoned professionals well-versed in EMI licensing and law compliance.
Efficiency: We streamline the application process, minimizing potential delays and ensuring a seamless transition to EMI license status.
Ongoing Support: Beyond obtaining your license, our services provide continued support to help you maintain compliance and adapt to evolving regulations, ensuring your business remains robust and responsive.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.