Each service in detail
General information, not legal advice. Prices are in the table above.
Estonian payment institution authorisation — application preparation and management
Preparation and management of an application for authorisation as an Estonian payment institution.
For whom: Companies that will provide payment services — money remittance, payment accounts, acquiring, initiation — in Estonia and, by passport, in the EEA.
What you receive
- Programme of operations and business plan
- Governance, internal control and AML/CFT documents
- Application file to the Financial Supervision Authority
- Answers to the authority's questions
Conditions
The company must hold the initial capital required for its services, have fit and proper managers, a real presence and a safeguarding arrangement. 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.
Law and requirements
- Payment Institutions and E-money Institutions Act
- Payment Services Directive (EU) 2015/2366
- Money Laundering and Terrorist Financing Prevention Act
Not included in the price
- State fees and the regulatory capital
- IT systems, audits and third-party costs
Who does what
- LexorCorp
- Prepare the application and its documents and manage the procedure until the decision.
- You
- Provide information, capital and people that meet the legal requirements; sign and answer the authority's questions.
- Authority
- Finantsinspektsioon (Estonian Financial Supervision and Resolution Authority) decides.
Estonian payment institution authorisation — application preparation and management: price, requirements, process and deadline on its own page
Estonian e-money institution (EMI) authorisation — application preparation and management
Preparation and management of an application for authorisation as an Estonian electronic money institution (EMI).
For whom: Companies issuing e-money — prepaid accounts, wallets, cards — and providing payment services.
What you receive
- Programme of operations and business plan
- Safeguarding, governance and AML/CFT documents
- Application file and the procedure with the authority
Conditions
The initial capital for e-money issuance, own funds, safeguarding and fit and proper management 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.
Law and requirements
- Payment Institutions and E-money Institutions Act
- E-money Directive 2009/110/EC
- Money Laundering and Terrorist Financing Prevention Act
Not included in the price
- State fees and the regulatory capital
- Third-party costs
Who does what
- LexorCorp
- Prepare the application and its documents and manage the procedure until the decision.
- You
- Provide information, capital and people that meet the legal requirements; sign and answer the authority's questions.
- Authority
- Finantsinspektsioon decides.
Estonian e-money institution (EMI) authorisation — application preparation and management: price, requirements, process and deadline on its own page
Safeguarding of customers' funds — policy and account documentation
The safeguarding policy for customers' funds and the documentation of the safeguarding account.
For whom: Payment and e-money institution applicants.
What you receive
- Safeguarding policy
- Reconciliation procedure
- Account documentation checklist
Conditions
Funds must be segregated or insured as the law requires. FIU licence FIU000117 is LexorCorp's own licence for its trust and company services; it does not authorise the client.
Law and requirements
- Payment Institutions and E-money Institutions Act — safeguarding
Not included in the price
- Opening the safeguarding account with a bank
Who does what
- LexorCorp
- Prepare the application and its documents and manage the procedure until the decision.
- You
- Provide information, capital and people that meet the legal requirements; sign and answer the authority's questions.
- Authority
- Finantsinspektsioon assesses safeguarding in the application.
Safeguarding of customers' funds — policy and account documentation: price, requirements, process and deadline on its own page
Gambling activity licence (tegevusluba) — application preparation and management
Preparation and management of an application for an Estonian gambling activity licence (tegevusluba).
For whom: Operators of online or land-based games of chance, betting or lotteries in Estonia.
What you receive
- Application file
- Description of the games and systems
- AML and responsible gambling documents
Conditions
The applicant must meet the capital, management, technical and AML requirements; an operating permit for the specific games is a separate step. 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.
Law and requirements
- Gambling Act (Hasartmänguseadus)
- Money Laundering and Terrorist Financing Prevention Act
Not included in the price
- State fees for the licence and the permits
- Certification of the gaming system
Who does what
- LexorCorp
- Prepare the application and its documents and manage the procedure until the decision.
- You
- Provide information, capital and people that meet the legal requirements; sign and answer the authority's questions.
- Authority
- The Estonian Tax and Customs Board decides.
Gambling activity licence (tegevusluba) — application preparation and management: price, requirements, process and deadline on its own page
AML/CFT internal rules, risk assessment and procedures
AML/CFT internal rules, the business-wide risk assessment and the procedures of a payment, e-money or gambling licence applicant.
For whom: Applicants for a payment institution, EMI or gambling licence.
What you receive
- Internal rules of procedure
- Risk assessment and risk appetite
- Customer due diligence and reporting procedures
Conditions
Written for the applicant's business model; the applicant must apply them in practice. FIU licence FIU000117 is LexorCorp's own licence for its trust and company services; it does not authorise the client.
Law and requirements
- Money Laundering and Terrorist Financing Prevention Act
- Guidelines of the Financial Intelligence Unit and the Financial Supervision Authority
Not included in the price
- Implementation and staff training
- Screening software
Who does what
- LexorCorp
- Prepare the application and its documents and manage the procedure until the decision.
- You
- Provide information, capital and people that meet the legal requirements; sign and answer the authority's questions.
- Authority
- The supervisor reviews the documents as part of the application.
AML/CFT internal rules, risk assessment and procedures: price, requirements, process and deadline on its own page
Responsible gambling and player protection procedures
Responsible gambling and player protection procedures for a gambling licence applicant.
For whom: Gambling licence applicants.
What you receive
- Player protection policy
- Self-exclusion and limits procedures
Conditions
Adapted to the games offered. FIU licence FIU000117 is LexorCorp's own licence for its trust and company services; it does not authorise the client. They cover age and identity checks, self-exclusion, deposit and loss limits, reality checks and the handling of players showing signs of problem gambling.
Law and requirements
Not included in the price
Who does what
- LexorCorp
- Prepare the application and its documents and manage the procedure until the decision.
- You
- Provide information, capital and people that meet the legal requirements; sign and answer the authority's questions.
- Authority
- The Tax and Customs Board reviews them with the application.
Responsible gambling and player protection procedures: price, requirements, process and deadline on its own page
Fund structure — corporate set-up
Corporate set-up of a fund structure (fund company and manager entity) without an authorisation application.
For whom: Fund sponsors starting a fund in Estonia.
What you receive
- Company formation(s)
- Corporate documents of the structure
Conditions
Corporate set-up only; any registration or authorisation of the manager is a separate service. The structure is set up so that the later registration or authorisation of the manager can build on it.
Law and requirements
- Investment Funds Act; Commercial Code
Not included in the price
- Registration or authorisation of the manager
Who does what
- LexorCorp
- Prepare the application and its documents and manage the procedure until the decision.
- You
- Provide information, capital and people that meet the legal requirements; sign and answer the authority's questions.
- Authority
- None for the set-up; Finantsinspektsioon for later steps.
Fund structure — corporate set-up: price, requirements, process and deadline on its own page
Debt collection company — corporate structure only, no FSA authorisation
Corporate structure of a debt collection company, without an application to the Financial Supervision Authority.
For whom: Businesses collecting their own or others' claims that need a company first.
What you receive
- Company formation and corporate documents
Conditions
Activities that require a credit servicer authorisation need a separate application. We set up the company and its corporate documents; whether your activity also requires an authorisation is assessed separately.
Law and requirements
- Commercial Code; Creditors and Credit Intermediaries Act / Credit Servicers and Credit Purchasers Act where applicable
Not included in the price
- Authorisation applications
Who does what
- LexorCorp
- Prepare the application and its documents and manage the procedure until the decision.
- You
- Provide information, capital and people that meet the legal requirements; sign and answer the authority's questions.
- Authority
- None for the structure.
Debt collection company — corporate structure only, no FSA authorisation: price, requirements, process and deadline on its own page
Lending company formation — corporate structure only, no creditor licence
Formation of a lending company — corporate structure only, without a creditor licence.
For whom: Founders planning a lending business. It is the first step for a lending business; the creditor licence application of the Financial Supervision Authority is a separate service that builds on the company.
What you receive
- Company formation and corporate documents
Conditions
Consumer lending requires a creditor licence, a separate application.
Law and requirements
- Commercial Code; Creditors and Credit Intermediaries Act
Not included in the price
Who does what
- LexorCorp
- Prepare the application and its documents and manage the procedure until the decision.
- You
- Provide information, capital and people that meet the legal requirements; sign and answer the authority's questions.
- Authority
- None for the structure; Finantsinspektsioon for the licence.
Lending company formation — corporate structure only, no creditor licence: price, requirements, process and deadline on its own page
Road transport operator licence — application preparation, including transport manager and financial standing evidence
Preparation of an application for a road transport operator licence, including the transport manager and fleet registration.
For whom: Companies carrying goods or passengers for hire.
What you receive
- Application file
- Transport manager arrangement
- Vehicle data
Conditions
The company needs an establishment, good repute, financial standing and professional competence. 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. The state fee, the notary fee and the licence fee are included in the price.
Law and requirements
- Road Transport Act; Regulation (EC) No 1071/2009
Not included in the price
Who does what
- LexorCorp
- Prepare the application and its documents and manage the procedure until the decision.
- You
- Provide information, capital and people that meet the legal requirements; sign and answer the authority's questions.
- Authority
- The licence is issued, on behalf of the Ministry of Climate, by the Estonian Transport Administration or by a non-profit association to which this task has been delegated by an administrative contract (Road Transport Act §§ 14 and 47, wording in force from 1 October 2026, checked 5 October 2026).
Road transport operator licence — application preparation, including transport manager and financial standing evidence: price, requirements, process and deadline on its own page
Transport manager contract
A transport manager contract for a road transport operator, provided by LexorCorp in Estonia under a written agreement.
For whom: Operators without an in-house certified transport manager.
What you receive
- The contract with a certified transport manager
Conditions
The manager must hold the certificate of professional competence. The manager effectively and continuously manages the transport activities and must be of good repute; the contract sets out the duties and the time the manager devotes to the operator.
Law and requirements
- Regulation (EC) No 1071/2009 — transport manager
Not included in the price
- Day-to-day transport operations
Who does what
- LexorCorp
- Prepare the application and its documents and manage the procedure until the decision.
- You
- Provide information, capital and people that meet the legal requirements; sign and answer the authority's questions.
- Authority
- The issuer of the licence checks the transport manager in the application (Road Transport Act § 14).
Transport manager contract: price, requirements, process and deadline on its own page
Activity licence application documentation
Preparation of the application documents for an activity licence or a registration in the Estonian Register of Economic Activities, for a licensed activity that has no page of its own on this site — the requirements of the act checked against your business, the documents drafted and the application assembled.
For whom: Estonian companies that start an activity for which an Estonian act requires an activity licence or a registration.
What you receive
- The requirements of the act for the activity, from its official text
- The application and the documents it needs
- The submission through the Register of Economic Activities and the written follow-up of the authority's questions
Conditions
Application preparation, not legal advice; the authority that issues the licence decides — a licence cannot be promised. The state fee is separate and paid by the company. The starting price is for one licence of ordinary scope; more work is agreed in writing before it starts. Licences with their own page (payment and e-money institutions, crypto-asset service providers, funds, credit, gambling, road transport) are priced there.
Law and requirements
- General Part of the Economic Activities Code Act
- The act that requires the licence
Not included in the price
- The state fee
- Legal advice
- A promise of the licence
- Meeting the capital, staff or premises requirements of the act
Who does what
- LexorCorp
- Check the requirements and prepare and submit the application.
- You
- Describe the activity and provide what the act requires of the company.
- Authority
- The authority named in the act issues or refuses the licence.
Activity licence application documentation: price, requirements, process and deadline on its own page
Package A — Estonian non-bank financial institution for guarantee and surety transactions (FIU authorisation)
Package A: a new Estonian private limited company (OÜ) owned by the client and the complete documentation for an application to the Estonian Financial Intelligence Unit (FIU) for authorisation to operate as a financial institution providing guarantee and surety transactions (performance bonds, advance payment guarantees, financial guarantees and other permitted commercial guarantee and surety transactions) to legal entities.
For whom: Businesses that issue commercial guarantees and sureties and need a non-bank financial institution structure in the EU.
What you receive
- Incorporation documents, articles of association and appointment documents; coordination of incorporation before an Estonian notary under a power of attorney and of the Commercial Register filings; beneficial ownership documentation
- FIU authorisation application and supporting documents, business plan and description of activities
- AML/CTF enterprise-wide risk assessment and internal procedures; KYC, beneficial owner verification, PEP screening and enhanced due diligence; international sanctions compliance policies
- Internal control procedures and allocation of responsibilities; FIU contact person, AML, KYC and sanctions compliance officer job descriptions; suspicious transaction reporting and escalation
- Guarantee issuance and approval, risk assessment, exposure limits and collateral management, liquidity and guarantee obligation management, claims examination and payment procedures
- Performance Bond, Advance Payment Guarantee and Financial Guarantee agreement templates
- Internal accounting policies, record retention and data protection, employee AML/KYC training, business continuity and operational risk procedures
- Compilation of the application dossier, submission coordination and communication with the FIU, including ordinary clarifications and amendments during the procedure
Conditions
An Estonian FIU authorisation is not a banking licence and does not automatically grant direct SWIFT access or guarantee acceptance of instruments by other financial institutions. The competent supervisory authority decides on the authorisation; LexorCorp performs the agreed documentation and application coordination services but cannot guarantee that the authority will grant it. The first complete version of the regulatory documentation is prepared within one week after we receive all required source information; the official licensing procedure is separate from this and its time is set by the supervisory authority. The FIU decides within 60 days after receiving all required documents and data and may extend the period to 120 days (Money Laundering and Terrorist Financing Prevention Act § 71 (1)). Ordered and paid on this page: 50% of our professional fee when you order, the other 50% after the first complete version of the documentation is ready and before the final package is delivered. The FIU contact person must work permanently in Estonia; the client appoints the shareholders, management board members and responsible professionals.
Law and requirements
- Money Laundering and Terrorist Financing Prevention Act
- Credit Institutions Act § 6 (1) 6) (guarantee and surety transactions as a financial service)
- State Fees Act § 269 (1) 2)
Not included in the price
- The FIU state fee for the application
- Office rental, recruitment and ongoing remuneration of the FIU contact person
- Notarisation, apostille, legalisation, translations and courier at actual cost
- Independent lawyers, auditors and regulatory specialists; personnel, capital, collateral and IT
Who does what
- LexorCorp
- Form the company, prepare the complete regulatory documentation and coordinate the application with the FIU.
- You
- Provide the source information and evidence (owners, managers, responsible professionals, activities, volumes, capital and collateral), appoint the people and sign.
- Authority
- Rahapesu Andmebüroo (Financial Intelligence Unit) decides.
Package A — Estonian non-bank financial institution for guarantee and surety transactions (FIU authorisation): price, requirements, process and deadline on its own page
Package B — guarantee institution with an international banking partner cooperation framework
Package B: everything in Package A, together with a contractual and compliance framework for cooperation with international licensed banking partners — for instruments such as standby letters of credit, documentary letters of credit, bank guarantees and counter-guarantees that are issued by partner banks.
For whom: Guarantee and trade finance businesses that work with licensed banks for instruments the bank issues or confirms.
What you receive
- Everything in Package A
- SBLC contractual and operational framework; documentary letter of credit operating procedures
- Draft banking partner cooperation agreements and international guarantee customer agreement templates
- SWIFT messaging procedures and allocation of responsibilities
- Documentation addressing ISP98, UCP 600 and URDG 758; international counter-guarantee documentation
- Cross-border AML/KYC procedures; corporate compliance documentation and transaction file templates for banking partners
- Financing and collateral structure and regulatory scope documentation
Conditions
Where a financial instrument must be issued or confirmed by a licensed bank, the relevant bank remains responsible for that issuance or confirmation. Banking agreements, account openings, credit facilities and individual financial instrument approvals remain subject to the relevant bank's decision. An Estonian FIU authorisation is not a banking licence and does not automatically grant direct SWIFT access or guarantee acceptance of instruments by other financial institutions. The competent supervisory authority decides on the authorisation; LexorCorp performs the agreed documentation and application coordination services but cannot guarantee that the authority will grant it. The first complete version of the regulatory documentation is prepared within one week after we receive all required source information; the official licensing procedure is separate from this and its time is set by the supervisory authority. The FIU decides within 60 days after receiving all required documents and data and may extend the period to 120 days (Money Laundering and Terrorist Financing Prevention Act § 71 (1)). Ordered and paid on this page: 50% of our professional fee when you order, the other 50% after the first complete version of the documentation is ready and before the final package is delivered.
Law and requirements
- Money Laundering and Terrorist Financing Prevention Act
- Credit Institutions Act § 6 (1) 6)
- ICC rules ISP98, UCP 600 and URDG 758 (private rules the parties choose)
Not included in the price
- The FIU state fee
- The search for new banking partners (a separate row)
- Office rental, the FIU contact person, external costs and independent professionals
Who does what
- LexorCorp
- Everything in Package A and the banking partner framework documentation.
- You
- As in Package A; and the banking partners you already work with, if any.
- Authority
- Rahapesu Andmebüroo (Financial Intelligence Unit) decides; each bank decides on its own instruments and agreements.
Package B — guarantee institution with an international banking partner cooperation framework: price, requirements, process and deadline on its own page
Package C — establishment and licensing of a credit institution in Estonia or Bulgaria
Package C: regulatory documentation and project coordination for establishing a new credit institution (bank) in Estonia or Bulgaria.
For whom: Clients seeking an independently authorised banking institution. Whether a banking licence is needed depends on the actual business model: the intention to arrange SBLC or LC transactions does not automatically mean that a bank must be established.
What you receive
- Incorporation documentation, banking licence application and supporting documents, three-year business plan and financial projections
- Shareholder, beneficial ownership, capital and own funds documentation; suitability files of management, supervisory board and key function holders
- Corporate governance, capital and own funds management, ICAAP and ILAAP frameworks, liquidity, credit, counterparty and operational risk documentation
- AML/CTF, KYC, sanctions, compliance and internal audit frameworks; guarantee, SBLC and LC procedures
- Information security and DORA documentation, business continuity and crisis plans, outsourcing, remuneration and conflicts of interest policies, regulatory reporting procedures
- Compilation of the application dossier and coordination with local legal and regulatory specialists
Conditions
The final professional fee is agreed according to the country and the banking business model before the service agreement — ordered by a price request. Initial regulatory capital is generally at least five million euros; qualified management, independent control functions, genuine premises and personnel and suitable banking IT systems are required. The competent supervisory authorities decide on the authorisation and set its time; final submission readiness depends on capital verification, suitability assessments, independent confirmations and the operational arrangements. No service provider can promise the authorisation.
Law and requirements
- Credit Institutions Act (Estonia)
- Regulation (EU) No 575/2013 and Directive 2013/36/EU
- Regulation (EU) 2022/2554 (DORA)
Not included in the price
- Regulatory capital
- Official licensing fees
- Independent legal and audit services
- Management, personnel, premises and banking IT
Who does what
- LexorCorp
- Prepare the regulatory documentation and coordinate the project.
- You
- Provide capital, people, premises, IT and the source information; sign.
- Authority
- The competent supervisory authority decides (in Estonia: Finantsinspektsioon with the European Central Bank).
Package C — establishment and licensing of a credit institution in Estonia or Bulgaria: price, requirements, process and deadline on its own page
Office rental outside Tallinn
Office premises for a regulated company, outside Tallinn or in Tallinn, selected according to availability and the company's genuine operational needs.
For whom: Licensed companies that need genuine premises in Estonia.
What you receive
- Selection of premises and arrangement of the lease
Conditions
The monthly price of the premises starts from the amount shown and depends on the premises chosen; security deposits, utilities and associated costs follow the actual lease terms.
Law and requirements
- Law of Obligations Act (võlaõigusseadus) § 271 and § 272 (1) (a lease of commercial premises)
Not included in the price
- Security deposits, utilities and associated costs
Who does what
- LexorCorp
- Find and arrange the premises.
- You
- Sign the lease.
- Authority
- None.
Office rental outside Tallinn: price, requirements, process and deadline on its own page
Office rental in Tallinn: see Office rental outside Tallinn.
Recruitment of an Estonia-based FIU contact person
Search for a suitably qualified FIU contact person who works permanently in Estonia, and coordination of the ongoing remuneration at market rates.
For whom: Financial institutions authorised by the FIU.
What you receive
- Search and coordination of the appointment
Conditions
Appointment is subject to the suitability requirements and regulatory coordination; the ongoing remuneration is agreed separately at market rates.
Law and requirements
- Money Laundering and Terrorist Financing Prevention Act
Not included in the price
- The contact person's ongoing remuneration
Who does what
- LexorCorp
- Find the candidate and coordinate the terms.
- You
- Agree the terms and appoint the person.
- Authority
- None.
Recruitment of an Estonia-based FIU contact person: price, requirements, process and deadline on its own page
Search for new banking partners
Identifying potential banks, preparing initial approaches and coordinating their responses.
For whom: Guarantee institutions that need additional banking partners, for example to hold collateral or to settle guarantee payments.
What you receive
- A list of potential banks, initial approaches and coordinated responses
Conditions
Any banking relationship is subject to the bank's independent approval. Each bank applies its own customer due diligence to the company, its owners and its business before it decides, and no bank is obliged to accept a client.
Law and requirements
- Money Laundering and Terrorist Financing Prevention Act (rahapesu ja terrorismi rahastamise tõkestamise seadus) § 20 and § 42 (1) (each bank applies its own due diligence and may not open the relationship when it cannot complete it)
Not included in the price
- Bank fees and the bank's own conditions
Who does what
- LexorCorp
- Find and approach banks.
- You
- Provide the information the banks ask for.
- Authority
- Each bank decides.
Search for new banking partners: price, requirements, process and deadline on its own page
