What is the process for applying for an Estonian MTR license? Does Leno have an advantage?

How to register for an Estonian MTR license? Leno is first-hand in this industry, and there are no price differences and other problems, which can make people feel at ease

1. First register an Estonian company (provide relevant information) - and then apply for an Estonian MTR license;

1 , Company registration information:

(1) Director information: Provide the front and back of your ID card. You only need to be over 18 years old or your passport.

(2) Name: ending with LIMITED, there are not many requirements, as long as you don’t rename it, 2-3 names are provided as alternatives.

(3) Business scope: Basically no limit, as long as you do not violate laws and disciplines.

(4) Pay the government fee and wait for the confirmation email. --Submit application

(5) The Estonian Police and Immigration Bureau will conduct background checks. Once the process is complete, you will be notified via email.

(6) Pick up the e-Residency Kit

Collect the e-Residency Kit at the location selected in your application

Bring the identity you submitted Certificate

2. Application process for Estonian MTR license:

Due diligence and KYC

Establishing a company

Qualification and risk assessment

Operation Plan Assessment

Financial Instrument Test (FIT)

Submit the application and complete other simple requirements

·Prepare the license ("virtuaalv__ringu raha vastu vahetamise teneus") application documents and submit them to the Estonian Financial Department;

·Prepare the virtual currency wallet service license (virtuaalva ringu rahakotteenus) application documents and submit them to the Estonian Financial Department;

·Preparation of in-house AML/KYC procedures (Estonian and English);

·Lawyer assistance from the financial department during the license application process;

·Translation of beneficiary documents into Estonian language for application;

· Assistance in preparing e-residency (state fee 100 euros to be paid separately