Ordered and paid online
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.
In short
Creditor licence (consumer credit) and credit servicer authorisation with the Estonian Financial Supervision Authority, and the lending documentation. The price is from €24,000, excluding VAT. How long it takes: drafting 6–10 weeks; FSA statutory term from a complete application.
A credit servicer application contains:
The authority is the Estonian Financial Supervision Authority (Finantsinspektsioon).
For a credit servicer the authority decides within three months of a complete file and in any event within six months of the application. For a creditor licence this page states no period. We confirm our preparation time in writing before the work starts. We do not promise the date of the authority's decision.
Usual time: drafting 6–10 weeks; FSA statutory term from a complete application. This is what it usually takes, not a promised date.
| Service | Price |
|---|---|
| Authorisation | |
| Estonian creditor licence (KAVS) — application preparation and managementFee for the standard scope — ordered and paid onlineState fees and the fees of the supervisory authority are not included in the price; you pay them yourself. | from €26,000 |
| Lending business set-up | |
| Credit agreement templatesFee for the standard scope — ordered and paid onlinePrepared for your company: usually delivered within 7 working days after we have received the necessary information. | from €1,800 |
| Credit scoring set-upFee for the standard scope — ordered and paid onlinePrepared for your company: usually delivered within 7 working days after we have received the necessary information. | from €5,200 |
| Consumer credit compliance packFee for the standard scope — ordered and paid onlinePrepared for your company: usually delivered within 7 working days after we have received the necessary information. | from €3,500 |
| Responsible lending policyFee for the standard scope — ordered and paid onlinePrepared for your company: usually delivered within 7 working days after we have received the necessary information. | from €2,600 |
| Introduction to a debt collection partnerFee for the standard scope — ordered and paid onlinePrepared for your company: usually delivered within 7 working days after we have received the necessary information. | from €2,500 |
| Authorisation | |
| Estonian credit servicer authorisation (KIOS, Finantsinspektsioon)Fee for the standard scope — ordered and paid onlineState fees and the fees of the supervisory authority are not included in the price; you pay them yourself. | from €24,000 |
| Credit servicer (KIOS) documents | |
| Business plan (KIOS § 8)Fee for the standard scope — ordered and paid onlinePrepared for your company: usually delivered within 7 working days after we have received the necessary information. | from €2,800 |
| Internal rules and internal control system (KIOS §§ 41–42)Fee for the standard scope — ordered and paid onlinePrepared for your company: usually delivered within 7 working days after we have received the necessary information. | from €3,600 |
| Complaints handling procedure (KIOS § 60)Fee for the standard scope — ordered and paid onlinePrepared for your company: usually delivered within 7 working days after we have received the necessary information. | from €1,700 |
| Fit and proper assessment of managersFee for the standard scope — ordered and paid onlinePrepared for your company: usually delivered within 7 working days after we have received the necessary information. | from €2,400 |
| Qualifying holding information (KIOS § 29)Fee for the standard scope — ordered and paid onlinePrepared for your company: usually delivered within 7 working days after we have received the necessary information. | from €1,600 |
| Description of IT systemsFee for the standard scope — ordered and paid onlinePrepared for your company: usually delivered within 7 working days after we have received the necessary information. | from €1,800 |
| Payment account requirements (KIOS § 47)Fee for the standard scope — ordered and paid onlinePrepared for your company: usually delivered within 7 working days after we have received the necessary information. | from €1,400 |
| After authorisation | |
| Supervisory reporting for creditors and credit servicersFee for the standard scope — ordered and paid online | from €2,400 / year |
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.
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.
| Fee | Amount | Legal source |
|---|---|---|
| Procedural fee for a creditor or credit intermediary licence applicationFinantsinspektsioon (Estonian Financial Supervision Authority) | €3,000 | Financial Supervision Authority Act (Finantsinspektsiooni seadus) § 45³ (2) — checked 4.10.2026 |
Paid by you directly to the authority. The amount payable is the one in force on the day of payment.
| Fee | Amount | Legal source |
|---|---|---|
| Procedural fee for a credit servicer licence applicationFinantsinspektsioon (Estonian Financial Supervision Authority) | €3,000 | Financial Supervision Authority Act (Finantsinspektsiooni seadus) § 45³ (2) — checked 4.10.2026 |
Paid by you directly to the authority. The amount payable is the one in force on the day of payment.
More in the guide State fees and capital for EU licences.
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.
Our own licence FIU000117, issued by the Estonian Financial Intelligence Unit, covers LexorCorp Global's activity as a company service provider. It is not an authorisation for your business and gives us no right to grant one: the final decision on every licence, authorisation and registration is made by the competent supervisory authority alone.
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.
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.
Required add-ons are added to the order with the service. Strongly recommended add-ons arrive ticked and can be removed. Each line names the provision it rests on, read in the official text. General information about our services, not legal advice. The same list for every licence is in the guide required and recommended documents for licence applications.
Add-ons and upgrades
Each add-on states what you receive and what is not included. Prices come from our price list; every add-on is ordered and paid in the order form on this page.
from €1,800
Ordered together with: Estonian creditor licence (KAVS) — application preparation and management.
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.
from €5,200
Ordered together with: Estonian creditor licence (KAVS) — application preparation and management.
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.
from €3,500Strongly recommended
Ordered together with: Estonian creditor licence (KAVS) — application preparation and management.
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.
from €2,600
Ordered together with: Estonian creditor licence (KAVS) — application preparation and management.
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.
from €2,500Recommended
Ordered together with: Estonian creditor licence (KAVS) — application preparation and management.
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.
from €2,800Strongly recommended
Required with: Estonian credit servicer authorisation (KIOS, Finantsinspektsioon).
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.
from €3,600Strongly recommended
Required with: Estonian credit servicer authorisation (KIOS, Finantsinspektsioon).
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.
from €1,700Strongly recommended
Required with: Estonian credit servicer authorisation (KIOS, Finantsinspektsioon).
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.
from €2,400Strongly recommended
Required with: Estonian credit servicer authorisation (KIOS, Finantsinspektsioon).
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.
from €1,600Strongly recommended
Required with: Estonian credit servicer authorisation (KIOS, Finantsinspektsioon).
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.
from €1,800Strongly recommended
Required with: Estonian credit servicer authorisation (KIOS, Finantsinspektsioon).
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.
from €1,400
Ordered together with: Estonian credit servicer authorisation (KIOS, Finantsinspektsioon).
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.
from €2,400 / yearRecommended
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
Not included
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.
All prices are in euros and exclude VAT. VAT is added where it applies under the Estonian Value Added Tax Act.
General information, not legal advice. Prices are in the table above.
Preparation and management of an application for an Estonian creditor licence.
For whom: Companies granting consumer credit.
Fit and proper management and own funds are required. Ordered and paid on this page; the amount is our fee for the standard scope, and work beyond it is done only with your written agreement. FIU licence FIU000117 is LexorCorp's own licence for its trust and company services; it does not authorise the client. The authorisation is granted or refused by the competent authority — no service provider can promise it.
Lending compliance documents: credit agreement templates, credit scoring set-up, consumer credit compliance pack, responsible lending policy.
For whom: Creditors and creditor licence applicants.
Adapted to the product. FIU licence FIU000117 is LexorCorp's own licence for its trust and company services; it does not authorise the client.
Credit agreement templates: price, requirements, process and deadline on its own page
Credit scoring set-up: see Credit agreement templates.
Consumer credit compliance pack: see Credit agreement templates.
Responsible lending policy: see Credit agreement templates.
Introduction to a debt collection partner. The partner collects overdue consumer or business claims in accordance with the applicable rules; the terms are agreed directly between you and the partner.
For whom: Lenders and credit servicers who want to outsource the collection of overdue claims to a specialised partner.
The partner decides on cooperation.
Introduction to a debt collection partner: price, requirements, process and deadline on its own page
Preparation of an application for authorisation as an Estonian credit servicer, and the documents it requires.
For whom: Companies servicing credit agreements for credit purchasers.
Required documents are added with the application. Ordered and paid on this page; the amount is our fee for the standard scope, and work beyond it is done only with your written agreement. FIU licence FIU000117 is LexorCorp's own licence for its trust and company services; it does not authorise the client. The authorisation is granted or refused by the competent authority — no service provider can promise it.
Business plan (KIOS § 8): see Estonian credit servicer authorisation (KIOS, Finantsinspektsioon).
Internal rules and internal control system (KIOS §§ 41–42): see Estonian credit servicer authorisation (KIOS, Finantsinspektsioon).
Complaints handling procedure (KIOS § 60): see Estonian credit servicer authorisation (KIOS, Finantsinspektsioon).
Fit and proper assessment of managers: see Estonian credit servicer authorisation (KIOS, Finantsinspektsioon).
Qualifying holding information (KIOS § 29): see Estonian credit servicer authorisation (KIOS, Finantsinspektsioon).
Description of IT systems: see Estonian credit servicer authorisation (KIOS, Finantsinspektsioon).
Payment account requirements (KIOS § 47): see Estonian credit servicer authorisation (KIOS, Finantsinspektsioon).
Supervisory reporting support after authorisation, provided by LexorCorp in Estonia under a written agreement.
For whom: Authorised managers, creditors and credit servicers.
Per reporting period; the institution signs and is responsible. Late or incorrect reports are a supervisory finding; we prepare them from the data you provide, you review and submit them under your responsibility.
You: You describe whether you will grant consumer credit or service and purchase credit claims.
We: We tell you in writing whether that calls for a creditor licence or a credit servicer authorisation.
You: You send the product description, target customers, credit volumes and funding sources.
We: We check the inputs against the Act that applies and list what the applicant still has to arrange.
You: You read the drafted rules and confirm that they describe how your company will really operate.
We: We draft the application and the rules it requires; this drafting takes 6–10 weeks.
You: You appoint managers who meet the requirements of the Act and pay in the share capital in full.
We: We assemble the information on the management board and the qualifying holdings for the file.
You: You sign the application and stay reachable while the Financial Supervision Authority examines it.
We: We file the application and prepare the answers to the questions the authority sends.
You: You receive the decision directly as the applicant.
We: We have no say in it: the Estonian Financial Supervision Authority decides and may refuse a licence if the Act's requirements are not met.
| From you | Why |
|---|---|
| Whether you will grant credit or service credit claims | It decides which application we prepare: the creditor licence or the credit servicer authorisation. |
| Product description, target customers and credit volumes | The application and the rules we draft must describe how your company will really operate. |
| Your funding sources | We ask for them together with the product description before the drafting starts. |
| Personal documents of each management and supervisory board member | You appoint managers who meet the requirements of the Act, and the file documents them. |
| Identity, ownership chart and source of funds of qualifying holders | The file identifies each qualifying holder and the source of funds for the capital. |
| Evidence that the share capital is paid in full | The own funds or share capital required by the Act is a prerequisite, and you pay it in yourself. |
The Creditors and Credit Intermediaries Act concerns credit to consumers. Whether your model needs a licence depends on your customers and products; we check this in writing before the work starts.
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.
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.
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.
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.
No. The reports are prepared from accounting and business data you provide. Accounting and supervisory fees are separate.
Granting consumer credit requires a creditor licence; servicing credit agreements for credit purchasers requires a credit servicer authorisation. We confirm this in the assessment.
Own funds, fit and proper management, responsible lending rules and IT systems that do not meet the requirements.
The authority suspends the procedure until it receives it; we prepare it with you.
All our prices on one page. Compare this service with every other service in our price list.
See these prices in the price listGuides