Formation of European Specialized Bank in Lithuania  (EU)

•  Asking Price $347,602 (€300,000 EUR)

The advantages of the specialized bank license in Lithuania are as follows:
· Lithuanian licensed Bank provides significant competitive advantage and opens up European financial market at significantly lower incorporation and operational costs.
· Lithuania and primarily its capital Vilnius became a new hub for European banking service centers.
· Favorable regulatory and tax environment, excellent infrastructure, fastest internet, cheap office space and quality pool of relatively cheap employees makes Vilnius attractive for large international banking institutions and for Fintech startups.
· Specialised Bank opens all single EU/EEA banking market, including large national French and German markets at significantly lower cost. A class office rent and employment costs are twice or even more cheaper in Vilnius comparing to traditional jurisdictions.
· Possibility to outsource relatively cheap and quality services from the local service providers gives strong competitive advantage and creates safe, efficient and cost effective banking institution ready to face intense competition in EU/EEA banking market.
Overall, from the signing of the agreement with our law firm to the moment when Specialized Bank License is issued should be roughly 8-10 months which is 2-3 times faster than other EU jurisdictions.
Capital requirements only 1 mln Euro.
Bank can be passported to legally provide services in all 30 European countries.
Bank can provide Mobile Banking; Lending; Payment services; Receipt of deposits; Currency exchange; Issuing of e-money; Issuing guarantees; Fund administration; .Financial leasing.
We have qualified team, expertise and experience of more than 25 years in Banking formations.

Formation of Bank in Lithuania (EU)

According to the European Regulation (EU) No 575/2013, Banks considered as Credit Institutions. Only the Banks (Credit Institutions) have exclusive right to accept deposits and other repayable funds from non-professional market participants and provide full scale banking services.
Lithuanian licensed Bank is able to offer all banking services in single European financial market of 30 countries for 500 million wealthy consumers and 20 million businesses.
Equity capital of EUR 1 000 000
From the 1st of January 2017, EU member state Lithuania introduces a new type of payment service provider : Specialized Bank
Lithuania offers pan-European banking license ready to start banking services in single European market within 6 months. Having minimum equity capital of EUR 1 million and licensing time of 6 months Lithuanian Specialised Bank has no equivalents within the rest of European jurisdictions.
Banking services provided by Specialised Bank in European markets:
Lending;
Payment services;
Receipt of deposits;
Currency exchange;
Issuing of e-money;
Issuing guarantees;
Fund administration;
Financial intermediation;
Correspondent banking services;
…and other banking services.
Fast licensing process. Issue of the license within period of 6 months.
Equity capital of EUR 1 000 000, comparing with EUR 5 000 000 for ordinary bank.
The documents can be submitted in English and amended “on the go” instead of formal writing forth and back.
Direct access to Single Euro Payments Area (SEPA).
Deposits up to the amount of EUR 100 000 ensured according to EU regulations.
Remote client verification. Innovative “know your customer” processes for remote client verification allow open the accounts without physical presence of the client.
Direct access to EU/EEA financial markets.
No sanctions for the first year. The Bank of Lithuania is committed to support start-ups and not to punish them during the first year of operation for minor infringements.
Start-up visa. Special visas for the citizens of non-EU/EEA countries running innovative businesses in Lithuania.
Terms of formation are ~6 month.

Publicly listed shell – Zurich Stock Exchange Available

Public listed shell company Zurich Stock Exchange is available for fast acquisition. We are able to arrange financing up to EUR 200M to buyer as a part of the deal. NDA and company profile with KYC documents will be required. Looking for companies with business valuation of min EUR 500M. Other and alternative option is a shell at Bern Stock Exchange that could be offered also. 

Publicly listed shell Company – Euronext  

Public listed shell company on Euronext is available for fast acquisition. No debt, no liabilities, no regulatory issues. Looking for companies with market cap of EUR 200M. Funding up to EUR 200M as a part of the deal. NDA and full company profile for KYC required. Separately: We have other shells available in Germany, UK and OTC US.

Publicly listed shell – Frankfurt Stock Exchange 

We are able to arrange funding up to 200 mln to buyer as a part of the deal. For serious buyers only with proven company valuation of min EUR 200M. NDA and company profile with 3 years of audited financial statements for KYC required.