Lithuania
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Lithuania
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eng
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16.07.2019
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.pdf
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Pages 38
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Short description:

If you followed the FinTech news, you surely heard that Lithuania has the potential to become a new European FinTech hub. Moreover, you might have heard about Revolut authorising in Lithuania. If you would like to know what is happening in Lithuania or you are interested in acquiring an Electronic Money Institution or a Payment Institution licence, this report is for you.

Our report will help you decide whether Lithuania is the right place for your business authorisation. During Brexit, Lithuania became an alternative to the Netherlands, Germany, France, Belgium. It licensed more Electronic Money Institutions than all these jurisdictions together. Nevertheless, you need to have more information to make a carefully considered decision.

Moreover, this report elaborates on the market of Electronic Money and Payment Institutions. You can check prices, performance indicators, features of any authorised Electronic Money Institution. You can determine whether it is a good idea to operate an institution in Lithuania, or you can even find your own formula of success by analysing this data.

Finally, the report explains the peculiarities of the Lithuanian payment services regulations and the authorisation rule. You will find information about tax rates and the company laws, about how to register a company in Lithuania, which tax rates to expect, and about the process of authorisation of Electronic Money Institutions and Payment Institutions. If you need more details on the topics, you are welcome to go through plenty of sources we used to write this report.

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