A licence application is a set of documents. Some of them the law lists among the documents of the application; some describe a duty the licensed company has from its first day; a few are steps of our own procedure. This page lists them for every licence application of our price list: the add-ons that are added to the order with an application (required) and the ones that arrive ticked and can be removed (strongly recommended) — each with the provision it rests on.
The page is general information about our services, not legal advice. Whether a licence is granted is decided by the competent authority alone.
How to read the list
- Part of the application — the law names the document among those submitted with the application.
- A standing duty of the licensed company — the law obliges the company to have it; it is not a separate document of the application.
- A step of our procedure — not a legal requirement; it is needed only because of the way we carry out the work.
Licensed and regulated companies
Ordered on the page Licensed and regulated companies. Our fee for each application and add-on is on that page and in the price list.
Estonian payment institution authorisation — application preparation and management
Strongly recommended
- Safeguarding of customers' funds — policy and account documentation — from €2,400. Part of the application. An e-money institution, and a payment institution that provides the payment services of § 3(1) 1)–6) of the Act, establish by internal rules the principles for the safekeeping and protection of clients' assets (Payment Institutions and E-money Institutions Act § 78(1)); the application for authorisation includes a description of how these requirements are applied (§ 15(1) 7)). Source: Payment Institutions and E-money Institutions Act, § 78(1); Payment Institutions and E-money Institutions Act, § 15(1) 7).
- AML/CFT internal rules, risk assessment and procedures — from €3,200. Part of the application. Payment institutions, e-money institutions and gambling operators are obliged entities: each prepares a risk assessment and establishes rules of procedure and internal control rules (Money Laundering and Terrorist Financing Prevention Act §§ 13–14). An application for a payment institution or e-money institution authorisation includes a description of the internal control system and of the measures for preventing money laundering and terrorist financing (Payment Institutions and E-money Institutions Act § 15(1) 10)). Source: Money Laundering and Terrorist Financing Prevention Act, §§ 13–14; Payment Institutions and E-money Institutions Act, § 15(1) 10).
Estonian e-money institution (EMI) authorisation — application preparation and management
Strongly recommended
- Safeguarding of customers' funds — policy and account documentation — from €2,400. Part of the application. An e-money institution, and a payment institution that provides the payment services of § 3(1) 1)–6) of the Act, establish by internal rules the principles for the safekeeping and protection of clients' assets (Payment Institutions and E-money Institutions Act § 78(1)); the application for authorisation includes a description of how these requirements are applied (§ 15(1) 7)). Source: Payment Institutions and E-money Institutions Act, § 78(1); Payment Institutions and E-money Institutions Act, § 15(1) 7).
- AML/CFT internal rules, risk assessment and procedures — from €3,200. Part of the application. Payment institutions, e-money institutions and gambling operators are obliged entities: each prepares a risk assessment and establishes rules of procedure and internal control rules (Money Laundering and Terrorist Financing Prevention Act §§ 13–14). An application for a payment institution or e-money institution authorisation includes a description of the internal control system and of the measures for preventing money laundering and terrorist financing (Payment Institutions and E-money Institutions Act § 15(1) 10)). Source: Money Laundering and Terrorist Financing Prevention Act, §§ 13–14; Payment Institutions and E-money Institutions Act, § 15(1) 10).
Gambling activity licence (tegevusluba) — application preparation and management
Strongly recommended
- AML/CFT internal rules, risk assessment and procedures — from €3,200. Part of the application. Payment institutions, e-money institutions and gambling operators are obliged entities: each prepares a risk assessment and establishes rules of procedure and internal control rules (Money Laundering and Terrorist Financing Prevention Act §§ 13–14). An application for a payment institution or e-money institution authorisation includes a description of the internal control system and of the measures for preventing money laundering and terrorist financing (Payment Institutions and E-money Institutions Act § 15(1) 10)). Source: Money Laundering and Terrorist Financing Prevention Act, §§ 13–14; Payment Institutions and E-money Institutions Act, § 15(1) 10).
- Responsible gambling and player protection procedures — from €2,300. A standing duty of the licensed company. A gambling operator ensures that players are shown a clear warning about the addictive nature of gambling, with the contact details of organisations that help (Gambling Act § 33(1) 5)), and has measures that keep persons entered in the list of restrictions from playing (§ 39). These are standing duties of the operator; the Act does not list a separate player-protection document among the documents of the application. Source: Gambling Act, § 33(1) 5); Gambling Act, § 39.
Road transport operator licence — application preparation, including transport manager and financial standing evidence
Strongly recommended
- Transport manager contract — €350. Part of the application. Where a transport manager is designated under a contract, the contract specifies the tasks the manager performs on an effective and continuous basis and the manager's responsibilities (Regulation (EC) No 1071/2009 Article 4(2)(b)); the application for the licence states the type, parties, date and period of validity of that contract (Road Transport Act § 13(1) 5)). Source: Regulation (EC) No 1071/2009, Article 4(2)(b); Road Transport Act, § 13(1) 5).
EU MiCA crypto-asset service provider (CASP) authorisation
Ordered on the page EU MiCA crypto-asset service provider (CASP) authorisation. Our fee for each application and add-on is on that page and in the price list.
EU MiCA CASP authorisation — Class 1: application preparation and management
Strongly recommended
- Travel Rule set-up (Regulation (EU) 2023/1113) — from €3,900. A standing duty of the licensed company. A crypto-asset service provider ensures that transfers of crypto-assets are accompanied by information on the originator and the beneficiary, and has procedures to detect missing information (Regulation (EU) 2023/1113 Articles 14 and 16–17; applies from 30 December 2024). Source: Regulation (EU) 2023/1113 (transfers of funds and crypto-assets), Articles 14, 16 and 17.
- AML/CFT internal rules, risk assessment and procedures for a crypto-asset service provider — from €3,200. Part of the application. The application for authorisation contains a description of the applicant's internal control mechanisms, policies and procedures to identify, assess and manage risks, including money laundering and terrorist financing risks (Regulation (EU) 2023/1114 Article 62(2)(i)). Source: Regulation (EU) 2023/1114 (MiCA), Article 62(2)(i).
EU MiCA CASP authorisation — Class 2: application preparation and management
Strongly recommended
- Travel Rule set-up (Regulation (EU) 2023/1113) — from €3,900. A standing duty of the licensed company. A crypto-asset service provider ensures that transfers of crypto-assets are accompanied by information on the originator and the beneficiary, and has procedures to detect missing information (Regulation (EU) 2023/1113 Articles 14 and 16–17; applies from 30 December 2024). Source: Regulation (EU) 2023/1113 (transfers of funds and crypto-assets), Articles 14, 16 and 17.
- AML/CFT internal rules, risk assessment and procedures for a crypto-asset service provider — from €3,200. Part of the application. The application for authorisation contains a description of the applicant's internal control mechanisms, policies and procedures to identify, assess and manage risks, including money laundering and terrorist financing risks (Regulation (EU) 2023/1114 Article 62(2)(i)). Source: Regulation (EU) 2023/1114 (MiCA), Article 62(2)(i).
- Custody and administration policy (for custody services — Class 2 or Class 3) — from €4,800. Part of the application. An applicant that intends to provide custody and administration of crypto-assets on behalf of clients submits a description of its custody and administration policy (Regulation (EU) 2023/1114 Article 62(2)(m)); a provider of that service establishes a custody policy with internal rules and procedures (Article 75(3)). Source: Regulation (EU) 2023/1114 (MiCA), Article 62(2)(m); Regulation (EU) 2023/1114 (MiCA), Article 75(3).
- Security and key management procedure — from €3,200. Part of the application. The application for authorisation contains the technical documentation of the ICT systems and security arrangements (Regulation (EU) 2023/1114 Article 62(2)(j)). An authorised crypto-asset service provider is a financial entity under DORA and implements policies for strong authentication and protection measures of cryptographic keys (Regulation (EU) 2022/2554 Articles 2(1)(f) and 9(4)(d)). Source: Regulation (EU) 2023/1114 (MiCA), Article 62(2)(j); Regulation (EU) 2022/2554 (DORA), Articles 2(1)(f) and 9(4)(d).
EU MiCA CASP authorisation — Class 3 (trading platform; includes the Class 2 services such as custody): application preparation and management
Strongly recommended
- Travel Rule set-up (Regulation (EU) 2023/1113) — from €3,900. A standing duty of the licensed company. A crypto-asset service provider ensures that transfers of crypto-assets are accompanied by information on the originator and the beneficiary, and has procedures to detect missing information (Regulation (EU) 2023/1113 Articles 14 and 16–17; applies from 30 December 2024). Source: Regulation (EU) 2023/1113 (transfers of funds and crypto-assets), Articles 14, 16 and 17.
- AML/CFT internal rules, risk assessment and procedures for a crypto-asset service provider — from €3,200. Part of the application. The application for authorisation contains a description of the applicant's internal control mechanisms, policies and procedures to identify, assess and manage risks, including money laundering and terrorist financing risks (Regulation (EU) 2023/1114 Article 62(2)(i)). Source: Regulation (EU) 2023/1114 (MiCA), Article 62(2)(i).
- Custody and administration policy (for custody services — Class 2 or Class 3) — from €4,800. Part of the application. An applicant that intends to provide custody and administration of crypto-assets on behalf of clients submits a description of its custody and administration policy (Regulation (EU) 2023/1114 Article 62(2)(m)); a provider of that service establishes a custody policy with internal rules and procedures (Article 75(3)). Source: Regulation (EU) 2023/1114 (MiCA), Article 62(2)(m); Regulation (EU) 2023/1114 (MiCA), Article 75(3).
- Security and key management procedure — from €3,200. Part of the application. The application for authorisation contains the technical documentation of the ICT systems and security arrangements (Regulation (EU) 2023/1114 Article 62(2)(j)). An authorised crypto-asset service provider is a financial entity under DORA and implements policies for strong authentication and protection measures of cryptographic keys (Regulation (EU) 2022/2554 Articles 2(1)(f) and 9(4)(d)). Source: Regulation (EU) 2023/1114 (MiCA), Article 62(2)(j); Regulation (EU) 2022/2554 (DORA), Articles 2(1)(f) and 9(4)(d).
Fund manager (AIFM) authorisation and registration
Ordered on the page Fund manager (AIFM) authorisation and registration. Our fee for each application and add-on is on that page and in the price list.
Full EU AIFM authorisation (2011/61/EU) — application preparation and management
Required
- Depositary appointment — from €3,500. A standing duty of the licensed company. For each fund it manages, the fund manager ensures that a single depositary is appointed; the appointment is evidenced by a written contract (Directive 2011/61/EU Article 21(1)–(2)). Source: Directive 2011/61/EU (AIFMD), Article 21(1)–(2).
- Risk management and liquidity management policy — from €4,200. A standing duty of the licensed company. A fund manager implements risk management systems and, for each fund that is not an unleveraged closed-ended fund, a liquidity management system (Directive 2011/61/EU Articles 15 and 16). Source: Directive 2011/61/EU (AIFMD), Articles 15 and 16.
Creditor and credit servicer authorisation
Ordered on the page Creditor and credit servicer authorisation. Our fee for each application and add-on is on that page and in the price list.
Estonian creditor licence (KAVS) — application preparation and management
Strongly recommended
- Consumer credit compliance pack — from €3,500. A standing duty of the licensed company. A creditor complies with the principle of responsible lending in consumer credit (Law of Obligations Act § 403⁴) and establishes in its internal rules the methods for assessing a consumer's creditworthiness (Creditors and Credit Intermediaries Act § 49). Source: Law of Obligations Act, § 403⁴; Creditors and Credit Intermediaries Act, § 49.
Estonian credit servicer authorisation (KIOS, Finantsinspektsioon)
Required
- Business plan (KIOS § 8) — from €2,800. Part of the application. The application for a credit servicer authorisation includes a business plan with the content set by the Act (Credit Servicers and Credit Purchasers Act § 7(1) 2) and § 8). Source: Credit Servicers and Credit Purchasers Act, § 7(1) 2), § 8.
- Internal rules and internal control system (KIOS §§ 41–42) — from €3,600. Part of the application. The application for a credit servicer authorisation includes internal rules that meet the requirements of the Act, including the procedure for the operation of the internal control system (Credit Servicers and Credit Purchasers Act § 7(1) 8), §§ 41–42). Source: Credit Servicers and Credit Purchasers Act, § 7(1) 8); Credit Servicers and Credit Purchasers Act, §§ 41–42.
- Complaints handling procedure (KIOS § 60) — from €1,700. Part of the application. The application includes the internal procedures for registering and resolving the complaints of debtors (Credit Servicers and Credit Purchasers Act § 7(1) 9), § 60). Source: Credit Servicers and Credit Purchasers Act, § 7(1) 9); Credit Servicers and Credit Purchasers Act, § 60.
- Fit and proper assessment of managers — from €2,400. Part of the application. The application includes the particulars of the managers and an extract from the criminal records database for each of them (Credit Servicers and Credit Purchasers Act § 7(1) 5)–6)); a manager is a person of sufficiently good repute, and the managers as a whole have sufficient knowledge and experience (§ 37). Source: Credit Servicers and Credit Purchasers Act, § 7(1) 5)–6); Credit Servicers and Credit Purchasers Act, § 37.
- Qualifying holding information (KIOS § 29) — from €1,600. Part of the application. The application includes the particulars of the persons who have a qualifying holding in the applicant (Credit Servicers and Credit Purchasers Act § 7(1) 7), § 29). Source: Credit Servicers and Credit Purchasers Act, § 7(1) 7); Credit Servicers and Credit Purchasers Act, § 29.
- Description of IT systems — from €1,800. Part of the application. The application includes a description of the information systems and other technological means needed for the intended services (Credit Servicers and Credit Purchasers Act § 7(1) 13)). Source: Credit Servicers and Credit Purchasers Act, § 7(1) 13).
Canada money services business (MSB) and FINTRAC registration
Ordered on the page Canada money services business (MSB) and FINTRAC registration. Our fee for each application and add-on is on that page and in the price list.
Canada MSB — incorporation and FINTRAC registration
Required
- FINTRAC compliance programme — from €4,600. A standing duty of the licensed company. A money services business establishes and implements a compliance programme (Proceeds of Crime (Money Laundering) and Terrorist Financing Act s. 9.6(1)): written policies and procedures, a documented risk assessment, a written training programme and a review of the programme's effectiveness every two years (Regulations SOR/2002-184 s. 156(1) and (3)). Source: Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada), s. 9.6(1); Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations, SOR/2002-184 (Canada), s. 156(1), (3).
- Designated compliance officer — appointment — from €2,200. A standing duty of the licensed company. The compliance programme is implemented by appointing a person who is responsible for implementing it (Regulations SOR/2002-184 s. 156(1)(a)). Source: Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations, SOR/2002-184 (Canada), s. 156(1)(a).
Regulatory infrastructure and compliance
Ordered on the page Regulatory infrastructure and compliance. Our fee for each application and add-on is on that page and in the price list.
DORA ICT risk management framework and tooling (Regulation (EU) 2022/2554)
Strongly recommended
- DORA register of information — annual update — from €2,400 / year. A standing duty of the licensed company. A financial entity maintains and updates a register of information on all contractual arrangements for ICT services provided by third-party providers and reports on new arrangements to the competent authority at least yearly (Regulation (EU) 2022/2554 Article 28(3)). Source: Regulation (EU) 2022/2554 (DORA), Article 28(3).
Beneficial owner data submission
Ordered on the page Beneficial owner data submission. Our fee for each application and add-on is on that page and in the price list.
Beneficial owner report — preparation and submission to the commercial register
Required
- Power of attorney surcharge for the beneficial owner report — €300. A step of our procedure, not a legal requirement. The law obliges the company itself to submit the data of its beneficial owners through the commercial register information system (Money Laundering and Terrorist Financing Prevention Act § 77). A power of attorney is not a legal requirement: it is needed only because we submit the data for you, through a notary. Source: Money Laundering and Terrorist Financing Prevention Act, § 77.
Process
- Choose the application on its service page, or let the Business Navigator name it from your answers.
- The required add-ons are added to the order with it; the recommended ones arrive ticked and can be removed.
- After the order we ask for the information each document needs and prepare the documents.
- The application is submitted; the authority reviews it and decides.
Limits
- The list covers the applications and add-ons of our price list, not every document an authority may ask for in a particular case.
- An authority can ask for more information during its review.
- We prepare documents and procedures; we do not provide legal advice or audit services.
Official sources
The provisions were read in the official texts on 9 October 2026:
- Credit Servicers and Credit Purchasers Act
- Creditors and Credit Intermediaries Act
- Directive 2011/61/EU (AIFMD)
- Gambling Act
- Law of Obligations Act
- Money Laundering and Terrorist Financing Prevention Act
- Payment Institutions and E-money Institutions Act
- Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada)
- Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations, SOR/2002-184 (Canada)
- Regulation (EC) No 1071/2009
- Regulation (EU) 2022/2554 (DORA)
- Regulation (EU) 2023/1113 (transfers of funds and crypto-assets)
- Regulation (EU) 2023/1114 (MiCA)
- Road Transport Act
Related service
Each application is described on its service page: Licensed and regulated companies, EU MiCA crypto-asset service provider (CASP) authorisation, Fund manager (AIFM) authorisation and registration, Creditor and credit servicer authorisation, Canada money services business (MSB) and FINTRAC registration, Regulatory infrastructure and compliance, Beneficial owner data submission.