Is your price the price of the licence?
No. Our price is our professional fee for preparing and managing the application. State and supervisory fees, the regulatory capital your company must hold, and third-party costs are separate. The licence is granted or refused by the competent authority.
Can you guarantee that the licence will be granted?
No. The decision belongs to the Financial Supervision Authority, the Tax and Customs Board or another competent authority. We prepare the application to the standard the authority expects and manage its questions, but we cannot promise the outcome or its timing.
What is the difference between a fund structure and a fund manager licence?
A fund structure is the corporate vehicle for the fund. It does not include the fund manager's authorisation, which is a separate application to the Financial Supervision Authority described on our fund licensing page.
What does the gambling line cover?
The application for the activity licence (tegevusluba) issued by the Tax and Customs Board. Operating permits for individual games or venues are quoted separately, and the state fees for both are charged separately.
Which AML documents does a payment, e-money or gambling licence application need?
The obliged entity must have a business-wide risk assessment, internal rules on customer due diligence, sanctions screening and reporting procedures, a compliance officer and a training plan under the Money Laundering and Terrorist Financing Prevention Act. The authority reads them to judge whether the applicant understands its own risks.
Will you act as our compliance officer or MLRO?
No. The compliance officer must be your own appointee, assessed by the authority. We write the AML/CFT framework and train your team on it; screening software and the officer's role are not part of the service.
What is safeguarding of customers' funds?
A payment or e-money institution must protect funds received from customers, either by segregating them on a separate account or in secure low-risk assets, or by insurance or a comparable guarantee (Article 10 of Directive (EU) 2015/2366; Article 7 of Directive 2009/110/EC). The application describes the method, the daily reconciliation and the records.
Do you open the safeguarding account?
No. The safeguarding account is opened by a bank at its own discretion. We prepare the policy and the documentation pack the bank asks for; insurance or guarantee premiums are third-party costs.
What player protection procedures does a gambling operator need?
Age verification, limits and self-exclusion, the handling of players showing signs of problem gambling, and a complaints procedure. They form part of the activity licence application under the Gambling Act and are checked again in supervision.
Does the responsible gambling package certify our gaming software?
No. Software certification is carried out by testing laboratories and is a third-party cost. The package covers the policies and procedures.
Can a road transport company use an external transport manager?
Yes, under Article 4(2) of Regulation (EC) No 1071/2009, if a contract specifies the tasks the manager performs effectively and continuously. An external manager may work for no more than four undertakings with a combined fleet of no more than fifty vehicles, and a Member State may set lower limits.
Is the transport manager contract part of the operator licence service?
The operator licence service includes the transport manager's documents for the application. Where the manager is external, the contract that Article 4(2) requires is a separate add-on at a fixed price. Finding a transport manager and the certificate of professional competence are not included.
