To establish an Asset Management Company in Estonia and obtain a financial license from the Estonian Financial Supervisory Authorities the applicant will require:
-To establish a legal entity in Estonia;
-To prepare all necessary documents:
-To prepare an application and file a set of documents with the Estonian Financial Authorities on behalf of the registered company in Estonia.
The company would need to hire minimum 2 professionals. All founders and directors must have good background, clean reputation.
The company’s share capital in the amount of 50 000 Euro is a required capital if the legal entity provides the following services:
-reception and transmission of orders related to securities;
-execution of orders related to securities in the name of or for the account of the client;
The company must have an office, provide a Business Plan, and an IT system for operation and pay a State fees in the amount of 1,000 Euros.