What are the best tips for getting a payment license in Lithuania?
1. Make sure you understand the regulatory requirements and payment license application procedures in Lithuania. Applicants must be able to demonstrate their ability to provide secure and reliable payment services. Our FIDULINK service in Lithuania is there to assist you with the licensing procedure in Lithuania.
2. Prepare a detailed business plan and budget for your business. You will also need to provide information about your staff and organization. We assist you with the Premium Package including the creation of the UAB company in Lithuania with all the administrative procedures and representation for obtaining the payment license in Lithuania, as well as the editing of your detailed business plan as well as a 3-year financial plan;
3. Submit your application to the Central Bank of Lithuania. You will need to provide information about your business, your staff and your organization. We take care of the follow-up deposit procedures and we organize the whole procedure step by step until you obtain your license in Lithuania.
4. Prepare to take a compliance review and provide additional information if needed. IT IS IMPORTANT, to have a good team member of the board of your company, in order to obtain the license of payment institution in Lithuania.
5. Once your application is approved, you will need to comply with the regulatory requirements and procedures of the Central Bank of Lithuania.
6. Ensure you maintain your payment license in Lithuania by complying with regulatory requirements and procedures of the Central Bank of Lithuania.
Contact us now to find out about the creation of your payment institution with our specialists:
Contact us by email: info@fidulink.com
Contact us by phone, we speak French, Spanish, English: Lithuania: +370 661 02542
Come and visit our website: info@fidulink.com
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