Create an EMI company in Europe from scratch on a turnkey basis

Create an EMI company in Europe from scratch on a turnkey basis

An EMI license grants access to the European payments market and the right to issue electronic money. However, EU regulators impose strict requirements on capital, risk management, and anti-money laundering (AML) systems. Create an EMI company in Europe from scratch This is only possible with comprehensive legal preparation and strategic planning.

Jurisprudential supports fintech projects at all stages of EMI licensing in the EU. We establish the corporate structure, prepare regulatory documentation, and build a banking infrastructure that complies with European legislation.

Consultation cost from 250 euros

What does an EMI license provide?

EMI company receives the right to:

1. issue electronic money
2. open client accounts
3. make payments and transfers
4. issue cards
5. operate within the European market while complying with the rules

An EMI license is a tool for entering the European financial market. A well-structured structure, transparent capital, and comprehensive compliance ensure stability and trust in the banking system.

Regulatory requirements for EMI

Minimum capital

The amount of capital is determined by the type of service and business model. The regulator analyzes:

1. financial plan
2. turnover forecast
3. sources of funds
4. stability of the structure

It is not enough to declare capital; confirmation of the origin of funds is required.

AML and KYC

It is impossible to create an EMI company in Europe from scratch without:

1. formalized AML policy
2. KYC client identification procedures
3. transaction monitoring systems
4. internal risk control
5. appointment of a person responsible for compliance

The regulator evaluates the actual performance of the system, not a formal document.

Corporate structure

Checked:

1. shareholder structure
2. tax residency of beneficiaries
3. business reputation
4. management team
5. the presence of a real presence

CRS requirements and cross-border reporting are also taken into account.

We offer a solution at the level of international standards

Stages of creating an EMI company

1. Analysis of business model and financial strategy
2. Choice of jurisdiction in the EU
3. Formation of corporate structure
4. Preparing a licensing package
5. Development of AML and KYC procedures
6. Appointment of directors and compliance officer
7. Submitting an application to the regulator
8. Connecting banking infrastructure

Each stage requires legal precision and coordination with the regulator.

Banking infrastructure

After receiving a license, it is necessary to ensure:

1. main settlement bank
2. reserve financial institution
3. card processing
4. system for storing and segregating client funds

Banks conduct in-depth due diligence even for licensed EMIs.

Tax model

When creating a structure, the following are taken into account:

1. corporate tax
2. Distribution of profits
3. transfer transfer
4. compliance with international reporting requirements

An incorrectly chosen model can create additional tax risks.

Common mistakes when submitting independently

1. unfinished business plan
2. formal AML document
3. lack of confirmed capital
4. weak management team
5. lack of real economic presence

The regulator refuses not because of the project's idea, but because of the structure's lack of preparation.

Who is eligible for an EMI license?

1. fintech startups
2. neobanks
3. international payment platforms
4. marketplaces
5. investment services
6. holdings with high turnover

Creating an EMI company in Europe from scratch makes sense with a long-term strategy and a scalable model.

Сonclusion

Establishing an EMI company in Europe from scratch is a complex regulatory process. Licensing, capital, compliance, and banking infrastructure must be built into a unified system.

Jurisprudential develops a licensing strategy and supports the project until approval is obtained and operational launch is completed.