Obtaining licenses for business: effective assistance in legal matters
Expert licensing assistance from Nimius Advisory
Without the banking system you could not make financial transactions with clients and partners, so your business depends on it closely. Intermediaries can be bypassed in several ways, and the most effective is for your company to hold licences of its own. With them you deal directly, and specialised institutions no longer have to take part in processing your transactions.
Working out which licence you need is hard enough on your own, and obtaining it is harder still. Our specialists at Nimius Advisory take on both tasks, put your operations on a proper legal footing and take the initiative in assembling the documents required. We study your business and its particulars in depth, then propose licensing options that fit your activities precisely.
How we help our clients
- Research and analysis of your business. We pin down what your company needs, so that the right type of licence can be chosen.
- Buying a ready-made institution. The best way to bring financial solutions into your business without paying extra to set up a company.
- Finding the best licences for your business. We look at what you do and what your company is capable of, then find the most effective option.
- Aligning and streamlining operations. We link your core business directly with the financial institution, automate tax accounting and payments, and speed up transactions.
Licences and permits we help you obtain
Bank
A banking licence lets you run your own financial institution or use it to serve your core business, for example with multi-currency transactions or lending.
Currency Exchange Operator License
This licence lets you carry out financial transactions directly and create digital accounts, wallets or currencies. Government agencies regulate it and monitor it.
Electronic Money Institution (EMI/SEMI) License
This licence lets you carry out financial transactions directly and create digital accounts, wallets or currencies. Government agencies regulate it and monitor it.
Payment Institution (API/PI) License
A broader licence covering payment operations in cash or digital money, which can be used for direct transactions through a range of payment aggregators.
Small Payment Institution (SPI) License
A restricted licence giving the right to operate within a single region or country. Its transaction monitoring capabilities are narrower, but even small and medium-sized businesses can obtain it.
Money Services Operator (MSO) License
With an MSO licence, a business can lawfully act as a Money Service Operator and provide money exchange and remittance services.
Money Service Business (MSB) Company
Issued to companies whose business is currency exchange, transferring funds or cashing.
Trust Formation
A legal arrangement that splits the ownership of assets from their control and management. Trusts serve to protect assets, plan succession and estates, and hold company shares or capital in a structured way.
Investment Fund
With this licence you can set up and run an investment fund. As a rule, the kind and size of the projects it finances are not restricted.
Brokerage and Forex Licenses
Authorisation to trade on exchanges. You apply through the classic process, and the licence gives your operations extended advantages.
Gambling Licenses
Lets you start a gambling business, an online platform in particular. Several countries issue it, and the relevant international laws and norms govern it.
Crowdfunding Licenses
Valid across the European Union, it lets you set up your own platform where startups raise funds. The platform earns a 3-5% commission on the money that projects raise.
Credit Union Licenses
Authorisation to lend. It is usually set up by a member of a professional community and used to finance partner companies.
Cryptocurrency Licenses + Crypto Exchange
The usual licence for crypto exchanges and platforms. With it you can launch platforms of your own and act as an intermediary when cryptocurrencies are traded or swapped for fiat equivalents.
Getting the most from business licences
Financial licences make sense if you would rather not depend on banks and keep paying for their services and transaction fees. With them you can work free of intermediaries, extra costs and legal complications.
What this gives your business:
- Your own permits for financial activities
- Company funds and client assets kept protected
- Lower transaction fees
- Transparent, reliable operations
- Greater trust from partners
- Faster processing of transactions
- Lawful operation under current legislation
Before any licence is obtained, our experts examine your business closely, so that only the best offers reach you. We choose the most suitable kinds of permit, help prepare the application and stay with your company from start to finish.
How we work with you, stage by stage
- Stage 1
Consultation and analysis of your business
We look closely at how your business runs, find the best licence option for its type and draw up a roadmap for the work ahead.
- Stage 2
The cooperation agreement
Together we sign a set of documents that sets out the services, the aim of our work together, the timeline and the final cost. You then make the agreed advance payment.
- Stage 3
The procedures
We collect the documents and make sure they meet every rule and requirement for obtaining the licences. Where needed, we help you acquire a suitable financial institution.
- Stage 4
Completion and transfer of the licences to the owner
You receive the outcome as a detailed report, with documents issued in the name of the business owner (or legal entity), and pay the final instalment.
With your own licences, you can widen the scope of your business and become independent.
Looking to run your business more efficiently still? Talk to Nimius Advisory about a consultation and getting your project started.