/ Financial institution license

Under a financial institution license, an Estonian company can operate in a wide range of businesses:

/ General requirements

To be eligible to apply for a financial institution license, the following requirements must be met:

/ Passporting / Operating abroad

An Estonian financial institution license does not grant the right to offer services in another Member State.

/ Timeframe

The decision on the application for a financial institution license is made in no more than 60 working days, that can be extended to up to 4 months. In our experience, the decision can be expected in 4/6 weeks.