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Creditor licence and credit servicer authorisation

We prepare and manage applications to the Estonian Financial Supervision Authority for a creditor licence and for a credit servicer (debt collection) authorisation, and the documents a lending or servicing business needs.

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Two different authorisations

A creditor that grants consumer credit in Estonia needs an activity licence from the Financial Supervision Authority under the Creditors and Credit Intermediaries Act (KAVS). A credit servicer (krediidiinkasso) that manages and collects credit on behalf of creditors or credit purchasers needs an activity licence under the Credit Servicers and Credit Purchasers Act (KIOS), which transposes Directive (EU) 2021/2167.

These are different from a company that is only set up for lending or debt collection. On our licensed companies page, "Lending company formation" and "Debt collection company" are corporate structures only: they do not include a creditor licence or a Financial Supervision Authority authorisation.

Capital requirements

Creditor: Share capital of at least 50,000 euros, fully paid in (KAVS § 54, Riigi Teataja).
Credit intermediary: Share capital must be fully paid in; the Act sets no separate minimum amount (§ 54(1)).
Credit servicer: Share capital of at least 25,000 euros, fully paid in (KIOS § 46, Riigi Teataja).

What the credit servicer application contains

The application lists the documents set out in KIOS § 7: among them the articles of association, a business plan meeting § 8, proof of the paid-in share capital, information on managers and qualifying holdings, the internal rules and internal control system (§§ 41–42), a description of the IT systems and, if the servicer will receive and hold borrowers' funds, a separate payment account meeting § 47. A servicer must also have a complaints procedure (§ 60). Our add-ons cover each of these documents.

Fees of the authority

State and supervisory fees are charged separately. For a creditor, credit intermediary or credit servicer licence the Financial Supervision Authority charges a procedural fee of 3,000 euros for a first authorisation (Financial Supervision Authority Act § 45³(2), in the wording in force on 29 September 2026 — Riigi Teataja); the Financial Supervision Authority also states the 3,000-euro fee on its credit servicer licence page.

What we do not do

We do not grant or guarantee the licence and cannot promise when the authority decides. We do not provide the capital and do not collect debts ourselves. The introduction to a debt collection partner is an introduction only; the terms are agreed between you and the partner.

This price is our professional fee for the corporate and regulatory work described. It is not the price of a licence and does not include state or supervisory fees, regulatory capital, or third-party costs. The authorisation is granted by the competent supervisory authority.

Frequently asked questions

Do I need a creditor licence to lend to businesses only?

The Creditors and Credit Intermediaries Act concerns credit to consumers. Whether your model needs a licence depends on your customers and products; we confirm this in the quote before any work starts.

What is the difference between a credit servicer and a debt collection company?

A credit servicer is authorised by the Financial Supervision Authority under KIOS to manage and collect credit agreements on behalf of creditors or credit purchasers. A debt collection company on our licensed companies page is a corporate structure only, without that authorisation.

How much capital does a credit servicer need?

At least 25,000 euros of share capital, fully paid in (KIOS § 46). A creditor needs at least 50,000 euros (KAVS § 54). The capital is not part of our fee.

Must a credit servicer hold borrowers' money on a separate account?

Yes, if it receives payments from borrowers. KIOS § 47 requires those funds to be kept on a separate payment account and not used in the servicer's own business. The account itself is opened by a bank or payment institution at its discretion.

Do licensed creditors and credit servicers file periodic reports?

Yes. They report to the Financial Supervision Authority on their activity, financial position and compliance with the licence conditions, in the form and at the intervals the authority sets. Our annual service keeps the calendar and prepares the reports from your data.

Does the reporting service include accounting?

No. The reports are prepared from accounting and business data you provide. Accounting and supervisory fees are separate.

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We send the quote by email. No payment is taken on this page.

1. Service

Which companies are involved?

2. The transaction

Describe the transaction (short description)

Parties and ownership

Desired timeline

3. Contact details (all required)

First name

Last name

Address

Street

House / apartment number

City

Postal code

Country

Phone number (with country code)

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Recommended Quote

Ordered together with: Estonian creditor licence (KAVS) — application preparation and management.

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Supervisory reporting for creditors and credit servicers

Recommended Quote

Preparation of the periodic reports to the Financial Supervision Authority, for twelve months.

Ordered together with: Estonian creditor licence (KAVS) — application preparation and management; Estonian credit servicer authorisation (KIOS, Finantsinspektsioon).

What you receive

Reporting calendar
Preparation of the periodic reports from data you supply
Filing support

Not included

Accounting
Supervisory fees

State fees, notary fees and the fees of the Financial Supervision Authority or any other public authority are never included in our price; they are paid separately. The decision on any licence, authorisation, registration or register entry is made by the competent authority alone.

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All prices are in euros and exclude VAT. VAT is added where it applies under the Estonian Value Added Tax Act.

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Guides

Read the guides

Estonian creditor licence for consumer creditWho needs the licence, the capital, the application, the responsible lending rules and the state fee.
Estonian credit servicer licenceWhat credit servicing is, what the licence requires, the capital, the documents and the state fee.
Debt collection, lending and transport licencesThree smaller regulated activities in Estonia: what each requires and how we work with you.
What a licensed company in Estonia really costsOur fee, state fees, the capital the company must hold and the running costs after authorisation — the four cost layers of a licensed company.
Supervisory reporting after authorisationWhat authorised fund managers, creditors and credit servicers file, the DORA register of information, and closing audit findings.

All guides