Empowering Tech Companies and Startups Worldwide

Tech, FinTech, and Startups going global are a common trend in the technology and entrepreneurship world. Expanding internationally can bring several benefits, including access to larger markets, diverse talent pools, increased funding opportunities, and the potential for faster growth. Sometimes, it is more of an obligation than a choice.

ECOVIS International has assisted hundreds of Tech Startups with legal and regulatory compliance while expanding abroad. With a strong collective coverage of 90+ countries, our organization has been helping Tech Startups launch and maintain subsidiaries in 5-10-20 countries, ensuring compliance, building accounting systems and reporting, HR administration, and payroll. Ecovis is a partner of choice of hundreds of prominent Series B and C funding, VC invested TECH Startups that require assistance with international expansion, including HR administration and payroll-related services in multiple countries, international taxation, legal services, global compliance, and auditing assistance.

At ECOVIS International, we understand the unique challenges and opportunities that come with international expansion. Our global network of experts is dedicated to providing tailored accounting, tax, audit, and legal solutions that empower tech startups to navigate the complexities of international business seamlessly. Our Business Development team, highly specialized in cross-border projects, will assist and identify the right solutions, pull together the best technical teams for the tasks and accompany your organization through the journey of expanding abroad.

Join us as we explore the exciting world of “Tech Startups going international.” Let’s embark on a journey of growth, innovation, and global success together.

News about “Tech, FinTech, and Startups”

Portugal’s new tax measures: State budget for 2025

18. December 2024 | The Portuguese state budget includes some new tax measures. These include the exemption of income tax for young people and the gradual reduction of corporate tax for companies. The Ecovis experts explain the details of the 2025 state budget.

Vietnam’s banking sector: Substantial innovations in Vietnam’s credit operations

10. December 2024 | Vietnam's banking sector is changing. The Vietnamese government has therefore passed a law for credit institutions. It aims to strengthen the regulatory framework for credit institutions and improve consumer protection. The law came into force on 1 July 2024. Ecovis consultants explain the background and details.

Taxes in Slovakia: Recent changes to legislation

5. December 2024 | In recent months, Slovakia has implemented several changes to legislation concerning corporate income tax and value added tax. A new financial transaction tax has also been established. The Ecovis experts explain the main key points of changes in taxes in Slovakia.

Invest in Kosovo: Brief economic overview

4. December 2024 | Kosovo is one of the youngest countries in Europe with a lot of potential. With an annual GDP growth rate of around 4%, a skilled workforce and a business-friendly climate, Kosovo is interesting for companies and investors. The economy is primarily driven by services. They account for more than half of GDP, followed by industry and agriculture.

How to manage tax risk in China

2. December 2024 | Companies, as well as private individuals, must manage their taxes in order to be able to identify and contain potential risks. The penalties for mistakes are harsh and fearsome. The Ecovis experts explain how tax risks can be managed in China.

Global minimum tax Brazil: Government proposes additional taxation

29. November 2024 | Multinational companies with a global annual turnover of more than EUR 750 million will have to pay an additional social security contribution on their net profits (CSLL) in Brazil from the 2025 tax year. Affected companies should therefore review their tax planning strategy. The consultants at Ecovis know the details of the new global minimum tax.

Corporate law in China: Liability risks under the new law

28. November 2024 | As of 1 July 2024, China's revised corporate law imposes stricter liability rules for directors and board members, significantly heightening personal accountability for violations of duties and laws. This change amplifies transparency and due diligence obligations while subjecting directors to stricter oversight.

Short term rental regulations Czech Republic: What landlords need to consider in the future

26. November 2024 | In October 2024, the Czech Ministry of Regional Development issued a regulation on short-term rentals. The new methodological guide to clarify the rules for short-term rentals applies in particular to apartments offered on platforms such as Airbnb. The Ecovis experts know what landlords must prepare for.

Uruguay free trade zone: A unique opportunity to invest

25. November 2024 | Free trade zones are particularly well-known and popular because of their tax advantages. In Uruguay, a company that operates in a free trade zone is exempt from paying all current or future national taxes. The Ecovis experts know what other advantages there are for multinational companies that want to settle in a free zone.

Company secretarial services Poland: Helping you deal with regulatory challenges

21. November 2024 | In the current business environment, companies face numerous challenges from regulatory obligations or simply from following the basic rules of corporate governance. This is what happened to an Ecovis client from Asia who wanted to start business activities in a sensitive sector in Poland and resorted to company secretarial services (CoSec) – a case study.

Special instalment regime for tax debts in Peru: Terms, benefits, and exclusions

19. November 2024 | The recently published legislative decree no. 1634 introduces a special instalment programme for tax debts in Peru. It is managed by the Peruvian financial authority SUNAT and covers debts payable up to 31 December 2023. The Ecovis experts explain the details.

Successful Expansion of Landa in Europe with Support from ECOVIS KSO

4. November 2024 | Landa is an innovative, market-leading manufacturer of Landa Nanographic Printing® Presses. These are the only digital presses in B1 format that are field-proven in the market today. The company is headquartered in Israel, while ECOVIS KSO works closely with its German subsidiary, Landa Digital Printing GmbH.

E-Commerce Platforms in Vietnam: Proposed New Tax Responsibilities for Platform Owners

31. October 2024 | In recent years, the rapid growth of e-commerce in Vietnam has prompted significant changes in the regulatory landscape. The Vietnamese government is now proposing new tax responsibilities for e-commerce platform owners to ensure better compliance and transparency. The Ecovis experts from ECOVIS AFA VIETNAM explore the current tax administration requirements and the proposed amendments to the Tax Administration Act aimed at streamlining tax declaration and payment processes for businesses operating on e-commerce platforms.

Malaysia Special Economic Zones: Exclusive Tax Incentives to Establish Your Family Office in Malaysia’s Forest City Special Financial Zone

25. October 2024 | On 20 September 2024, YB Senator Datuk Seri Amir Hamzah Azizan, Finance Minister II, delivered a keynote address at the Forest City Special Financial Zone (FCSFZ) Tax Incentive Announcement Ceremony. The address highlighted the Government's commitment to fostering investment and positioning Forest City as a competitive financial hub through attractive tax incentives. This initiative is aimed at attracting global Single Family Offices (SFOs) to establish their presence in the region, promoting economic growth and generating high-value employment opportunities.

Simplex Portugal: Paradigm shifts and the increased need for legal support in real estate

25. October 2024 | Throughout 2024, the Portuguese government has implemented a legal package named Simplex. It includes measures to overcome challenges related to a lack of housing and simplifying urban planning and licensing, in line with a “zero licensing” philosophy.

Chinese Companies Going Global: Tax & Accounting Risks

23. October 2024 | In the wave of globalization, “going global” has become an important strategy for many Chinese enterprises. In some cases, companies often formulate meticulous investment strategies, but many have less knowledge about the tax and accounting of the target country(ies). Neglecting accounting and tax risks will inevitably result in unnecessary fines and penalties, leading to limited development.

Labour code Luxembourg: New law for transparent and predictable working conditions

23. October 2024 | Luxembourg has amended its labour code to implement the EU Directive 2019/1152 on transparent and predictable working conditions: Employees should have improved access to essential information relevant to their employment relationship. The new regulations came into force on 4 August 2024. The Ecovis consultants know what companies need to do now.

Real Estate Hungary: Local Hungarian referendum could change Airbnb market

21. October 2024 | From 2026, real estate investors in Budapest will most likely have to change the use of their property if they rent it out as Airbnb for a short period of time. This follows a local referendum in the Terézváros district of Budapest in which residents rejected Airbnb. The Ecovis consultants explain the consequences of the referendum.

EU Pay Transparency Directive: Impacts on employers and employees by 2026

18. October 2024 | By June 2026, EU member states must implement the new European Union (EU) Pay Transparency Directive into national law. It aims to reduce the pay gap between men and women, partly caused by direct or indirect gender discrimination. The new directive includes measures ranging from banning potential employees from asking about their current salary to allowing employees to speak up about their pay. The Ecovis experts explain the details.

Property tax Poland: New version of amendment published

16. October 2024 | The Polish government has published a new version of the amendment to the property tax law. Among other things, it aims to remove doubts about the interpretation of the current provisions and to clarify them so that they can be applied correctly. The law is set to come into force on 1 January 2025.

Transfer pricing in Vietnam: Proposed changes of the draft amendments to Decree 132

14. October 2024 | Decree No. 132/2020/ND-CP (Decree 132) on tax administration for companies with related party transactions, which has been in force since 2020, has led to some restrictions and difficulties for companies. The Vietnamese government therefore presented amendments to Decree 132 in July 2024, which are to be adopted in the 4th quarter and will apply from the 2024 tax period. The Ecovis consultants explain the background and what is changing.

VAT Hungary: New era in Hungarian VAT compliance

11. October 2024 | On 1 January 2024, the Hungarian Tax Authority (HTA) introduced a new electronic VAT system, eVAT (eÁFA). It offers taxpayers various electronic services to streamline and automate the preparation of their VAT returns. The Ecovis experts explain the details.

The new digital transaction levy in Greece: What businesses need to know

9. October 2024 | From 1 December 2024, a new tax on digital transactions will apply in Greece. It replaces the traditional stamp duty. More than 600 types of transactions will now be exempt from stamp duty. The Ecovis experts explain the details of the new law and what businesses need to know.

VAT on digital services in Peru: Implementation postponed to 1 December 2024

7. October 2024 | Providers and sellers of digital services who are not based in Peru will not have to register and pay 18% VAT to the Peruvian tax authorities until 1 December 2024 – a delay of two months. The Ecovis consultants know the details.

Web scraping protection: How companies can protect their online content from being used by AI providers

3. October 2024 | Providers and developers of (mostly general) AI tools often train their systems with data that is subject to copyright or database rights of third parties. How can they be prevented from using the authors' online content for AI training against their will? Is web scraping permitted under European law? The Ecovis experts answer these and other questions.

EU Packaging Directive: Stricter rules for packaging

9. September 2024 | The European Union is significantly tightening the rules for packaging. A new regulation, the final version of which is expected this year, will create a comprehensive legal framework for more resource-efficient and recycling-friendly packaging.

Buying a house in Portugal: New tax incentives

7. September 2024 | On 1 August 2024, exemptions were introduced to Portuguese real estate transfer tax and stamp duty for the purchase of a first permanent home by young people (foreigners or Portuguese nationals) up to the age of 35. The Ecovis experts explain the details of when exactly the tax benefits apply.

Commercial yacht registration Malta: Introduction of Small Commercial Yacht Code

6. September 2024 | The Small Commercial Yacht Code came into force in Malta on 1 April 2024. This makes it easier for smaller yachts between 12 and 24 meters to register according to the standards set there. The Ecovis experts know the details.

Hungary: White Card for digital nomads

5. September 2024 | The new Hungarian immigration law came into force on January 1, 2024. The new provisions include previously known and new opportunities for expatriates wanting to live in Hungary, although the implementation of the law and practice are still evolving. Hungary issues a special residence permit for digital nomads, the White Card. The experts at Ecovis explain what it costs and how to apply for it.

Vietnam’s social insurance law: New law to come into effect on 1 July 2025

4. September 2024 | Vietnam’s 15th National Assembly recently passed Law No. 41/2024/QH15 on social insurance. The new law introduces amendments that address current inadequacies between legislation and real-life practice, while improving the rights and benefits for social insurance participants. It will come into effect on1 July 2025. The Ecovis experts know the changes.

ATO Data Matching: What Taxpayers Should Know

3. September 2024 | The Australian Taxation Office (ATO) is drawing media attention this tax season with its scrutiny of various areas, including the usual remote work expenses, as well as cryptocurrencies and rental properties. However, beyond the media spotlight the ATO has also quietly developed new data connections that could indicate future audit targets. Scott Hogan-Smith from ECOVIS Clark Jacobs explores these data links and the information being gathered about taxpayers.

Corporate secretarial services in Finland: Efficient administrative management of clients’ Finnish operations through Ecovis Finland

2. September 2024 | Ecovis Finland offers comprehensive Corporate Secretarial (CoSec) services to international companies and funds, backed by a robust cooperation network that provides a solid foundation for fiducial services.

India Announces Simplified Tax Regime & Reforms

2. September 2024 | India's recent budget proposals have introduced reforms to make its tax regime easier to understand and more business-friendly. In this article, the experts at ECOVIS RKCA explore how these new rules will impact a wide range of stakeholders, including start-ups, multinationals and individual investors.

Doing business in Croatia: Mandatory e-communication

29. August 2024 | Companies wanting to set up a business in Croatia or provide services there from an EU or EEA country must register their company for “e-communication”. All legal proceedings are handled via this information system. Registration is mandatory, even without a specific reason. The Ecovis experts explain the details.

Top Talent Pass Scheme Hong Kong: Highlights of the TTPS • 高端人才通行證計劃

29. August 2024 | The Top Talent Pass Scheme (TTPS) is one of the new measures announced by the Hong Kong Special Administrative Region (HKSAR) government to attract talent to Hong Kong. This scheme is expected to be popular as it does not require employer sponsorship at the time of application. The scheme is widely available to eligible nationals from many countries and offers a new path to Hong Kong to live and work. The experts from ECOVIS Axial CPA Limited outline the features and benefits.

CFC Taiwan: Implications of New Regulations for Offshore Trusts and Broader APAC Insights

22. August 2024 | Taiwan’s new CFC regulations, effective January 1, 2023, tighten tax rules for offshore trusts held by Taiwanese residents. A recent July 2024 ruling requires offshore trustees to register with Taiwan’s tax authorities and adhere to new reporting standards. The experts from TAK ASSOCIES and ECOVIS Taiwan CPA Firm explore these developments and their broader impact across the Asia-Pacific region.

Property tax Poland: Amendments to the according tax regulations

7. August 2024 | The Ministry of Finance has published a draft law amending the Law on Local Taxes and Fees which will, among others, also affect the regulations on property tax. The law is expected to come into force on 1 January 2025. The Ecovis experts are familiar with the changes and explain the potentially far-reaching consequences.

Morals clauses in the age of AI: An artificial misconduct

4. July 2024 | Working with celebrities or public figures involves risks. If the talent's reputation suffers, the bad image will reflect on the company. Celebrity endorsement contracts manage this risk with a morals or conduct clause. The experts at Pryor Cashman LLP* explain why this is particularly important in connection with AI.

Non-cash payments Vietnam: New regulations

3. July 2024 | The Vietnamese government recently issued Decree No. 52/2024/ND-CP (Decree 52) regulating non-cash payments. This regulates the opening and use of payment accounts and sets out clearly the cases for blocking or closing such accounts. Decree 52 takes effect from 1 July 2024. The Ecovis experts explain the effects.

Incorporate Dutch BV: The incorporation of a digital Dutch BV with English as the official language

3. July 2024 | As of 1 January 2024, it is now possible to digitally incorporate a private company with limited liability (Dutch BV) in the Netherlands. The experts from KienhuisHoving – a member of ECOVIS International – explain the most important points of this change in Dutch law.

Incorporation of Software Company in Vietnam: Legal Guidelines and Key Points

21. June 2024 | What are the considerations when setting up a technology business in Vietnam? The experts at ECOVIS Vietnam outline the steps for those considering an investment in this booming startup arena.

E-invoice Germany: Mandatory for businesses subject to VAT in Germany from 2025

29. May 2024 | The federal government has made it mandatory to create and receive electronic invoices from 2025. This affects all businesses subject to VAT in Germany. The Ecovis experts briefly explain what needs to be considered. What are e-invoices? E-invoices are invoices in a specific, legally regulated data format. A PDF file is not considered an e-invoice. […]

How to pay in China: China’s cashless revolution – a guide to new payment options

13. May 2024 | Foreign employees and visitors in China can now pay with international cards, such as Mastercard or Visa, by scanning QR codes online or directly on site. The Ecovis experts explain the new cashless payment options.

Protected tenants in private apartments in Croatia: Implementation of the ECHR judgments

30. April 2024 | The Croatian parliament has adopted a solution to the problem of protected tenants in private apartments, based on the rulings of the European Court of Human Rights (ECHR). This means that owners can receive compensation and reclaim their apartments. The deadlines for this expire in April 2025. The Ecovis experts in Zagreb explain the details […]

How employee and contractor AI use can create liability for employers: A guide for navigation

3. April 2024 | Corporate employees and contractors are increasingly using generative tools based on artificial intelligence (AI) in their work. Since legislation around the use of AI is still in its infancy, AI users are exposing companies to potential liability and, in turn, financial and reputational damage. Areas of application of AI Areas poised for significant adoption of […]

International human rights law: Ecovis represents clients before the ECHR

3. April 2024 | The decisions of the highest national courts in individual states do not always result in a case being brought to a fair conclusion. In order to ultimately receive justice, those affected can appeal to the European Court of Human Rights (ECHR). The experts from the Ecovis international human rights law firm in Strasbourg explain how […]

Supplier sustainability self-assessment questionnaire by ECOVIS Proventus Law: How sustainable are you?

20. March 2024 | Small and medium-sized enterprises (SMEs) are reporting that their larger value chain partners and finance providers are increasingly asking for sustainability data to fulfil regulatory requirements. The experts at ECOVIS ProventusLaw explain what this means for SMEs and what to expect.

France’s tax haven list: Updates expected

1. December 2023 | The French government has its own blacklist of tax havens. From a French perspective, transactions with non-cooperative states and territories are heavily taxed or treated differently. As of May 2023, there are 14 countries on this list and at least two more will be added in 2024. Some countries may also disappear from the list. […]

EU Minimum Tax Directive: Malta delays implementation of minimum 15% corporate tax

27. November 2023 | Malta is making use of the Minimum Tax Directive exemption and postponing the application of the income inclusion rule (IIR) and the undertaxed profits rule (UTPR) beyond 2024. Additionally, the Maltese government will not introduce a qualified domestic top-up tax (QDTT) in 2024.

Budget 2024 Malaysia: The Startup of Tax Reform by the Government

22. November 2023 | In a historic move for the country, the Malaysian Prime Minister, who is also Minister of Finance, unveiled the eagerly awaited 2024 budget on 13 October 2023, which sets a new spending record of MYR 393.8 billion.

Anti-bribery compliance programme: The Wolfsberg Group publishes updated guidance

12. June 2023 | On 17 April, the Wolfsberg Group published a new overview of the key elements of an effective anti-bribery and corruption compliance programme, such as company-wide policy, governance and roles, risk assessment, and control environment establishment. The Ecovis experts know what’s new. Red flag risk indicators The report outlines the following red flags of corruption and […]

Canary Islands: The best Tax System in Europe

16. March 2023 | Various motives make the Canaries a destination not to be overlooked. Their constant mild temperatures all year round, astonishing nature, rich history and mixed culture, excellent infrastructures and frequent connections by air and sea to all the main international ports and a large number of international airports within Europe and Africa are only a few […]

An Employee Share Option: An effective way to retain the employee. Legal regulation and taxation in different EU countries.

15. February 2023 | Share options are rising as a popular way to incentivise and reward employees. This is noticed not only among start-ups but also among companies operating in other fields. Moreover, businesses around the world are also looking for financial incentives related to share options, such as phantom shares. Employee Share Option Scheme: How Does it Work? […]

Malta Startup Residence Programme – An opportunity for budding entrepreneurs

1. December 2022 | The Maltese government has launched the “Malta Startup Residence Programme”. Under the programme, non-EU citizens will receive improved start-up conditions, such as a residence permit for up to eight years, if they do business and pay taxes in Malta. The Ecovis consultants know what is required of entrepreneurs.

International sanctions on Russia and Belarus: Legal requirements and risk management

13. July 2022 | The obligations imposed by the European Union’s (EU) restrictive measures (sanctions) are binding for EU nationals or persons located in or doing business in the EU. Fines may be imposed by EU Member States for non-compliance or breaches.

Why Should You Implement an Employee Share Option Plan?

27. October 2021 | A share option programme is a long-term solution for finding and retaining employees. Employee participation programmes are a great way to create targeted incentives, often in a tax-efficient manner, and to encourage employee engagement.

Internal Control of Electronic Money Institutions: A Key to Success for FinTechs in 2021

9. September 2021 | The growing FinTech market in Lithuania has led to increased supervisory attention. The Bank of Lithuania is tightening controls on e-money and payment institutions (EMIs and PIs). The aim is to strengthen investor confidence.

Recommendations for Business Continuity Management in the Fintech Market regarding Pandemic

30. August 2021 | The coronavirus pandemic threatens the Lithuanian and the global economy. The Bank of Lithuania has therefore decided that electronic money and payment institutions must develop and implement structures and processes – the business continuity plan – in order to assess and deal with the risks associated with the coronavirus.

Sanctions on Belarus: Getting it Right

9. August 2021 | In late June 2021, the EU, USA and UK expanded economic and financial sanctions against Belarus, making it one of the most nuanced sanctions regimes, and directly and indirectly impacting businesses all over the world.

India Announces Package for Micro, Small & Medium Enterprises During COVID-19

1. September 2020 | The Indian Government has announced a package of US$2680 billion—20 lakh crore rupees, which equates to approximately 10% of Gross Domestic Product (GDP)—for the country’s struggling economy due to the Coronavirus epidemic. The relief was announced for various sectors, one of these being the important sector of Micro, Small and Medium Enterprises (MSME). The Finance […]

COVID-19: Support for small and medium enterprises in Singapore

1. September 2020 | As a result of the ongoing COVID-19 situation, the Singapore Government has announced various support schemes in the 2020 Budget to assist Small and Medium Enterprises (SMEs) through this crisis. This comprises the ‘Unity Budget’ announced on 18 February 2020, followed by two supplementary budgets, the “Resilience Budget” announced 26 March 2020 and the “Solidarity […]

Can India Influence Post-Covid-19 World Order? – Current Opportunities In India

1. September 2020 | Ecovis in Mumbai “Tat Tvam Asi”  (meaning Thou art that, That thou art, That art thou, You are that, or That you are) is the powerful message in Hinduism of peaceful co-existence, a message which challenged the entire world in the first quarter of 2020. Intuition and an understanding of the Indian psyche is key to […]

Recommendations for Business Continuity Management in the Fintech Market regarding Pandemic

20. April 2020 | The coronavirus pandemic threatens the Lithuanian and the global economy. The Bank of Lithuania has therefore decided that electronic money and payment institutions must develop and implement structures and processes – the business continuity plan – in order to assess and deal with the risks associated with the coronavirus.

License Issued, What Next?

16. January 2020 | Over the last few years, ECOVIS ProventusLaw has successfully guided more than thirty fintech companies through the licensing process in Lithuania. Fintech is a dynamic and rapidly developing business sector in Lithuania, with around 180 fintech companies currently operating in the country. The Bank of Lithuania is constantly receiving applications for electronic money and payment […]

Free online workshop: Financial Licensing and Passporting in Europe

9. October 2019 | Eastern European countries have been seen as the gate to enter the EU market, which is considered the largest and most active single market worldwide. Free trade has made the EU the largest trading block in the world. The hurdles for entering the EU market through eastern countries are pretty low. Hence, the region has […]

Finance Institution and FinTech Licensing in Single European market

26. September 2019 | There are more than 100 foreign capital fintech companies in Lithuania. The reasons for this are an uncomplicated and fast licensing procedure, a generous regulatory environment and good infrastructure.

FinTech: UK’s Contis Group have picked Lithuania as the best route for accessing the EU

29. July 2019 | The Board of the Bank of Lithuania decided to issue the Electronic Money Institution (EMI) license for UAB Finansinės paslaugos „Contis“– part of UK based Contis Group securing groups access to the financial markets of continental Europe.

Lithuania’s launches regulatory sandbox for FinTech companies

15. October 2018 | FinTech startups and companies will soon be able in Lithuania to test their innovative products business solutions in a live environment with real customers while the Bank of Lithuania will provide them with consultations.

Licensing of Fintech companies and Finance Institutions in single European market

6. September 2017 | Fintech companies, banks, payment service providers, electronic money institutions, insurance companies, investment funds and investment managers, securities and forex brokers, crowdfunding and peer-to-peer platforms, other finance institutions in Europe are subject to higher regulatory requirements. Licensing of the Finance Institution in one of the member states within the European Union (EU) opens business opportunities to […]

European banking heaven – Lithuania boosts efforts to improve licensing regulations for international finance institutions

24. July 2017 | Lithuanian authorities making further steps to turn Lithuania into one of the most attractive jurisdictions for banks and finance institutions in the European Union and European Economic Area (EU/EE). The largest Lithuanian business daily “Verslo žinios” investigated recent efforts of Lithuanian authorities on July 27, 2017. Lithuanian licensed Banks are allowed to offer all banking […]

Bank license in Europe – Lithuanian Specialised Bank

26. April 2017 | In January, 2017 European Union member state Lithuania introduced a new “light” banking license – Specialised Bank. Specialised Bank is allowed to provide almost all traditional banking services in European Union (EU) and European Economic Area (EEA) member-states: lending, payment services, receipt of deposits, currency exchange, issuing of e-money, issuing guarantees, fund administration, financial leasing, […]

Data protection in FinTech companies – time to prepair for the new regulation

21. April 2017 | FinTech industry, resulting from the strengthening of linkages between the financial services and information technology sector, is a real technological whirlwind, providing financial markets with an enormous leap in progress.

Global financial giant will develop its first FinTech product in Lithuania

3. March 2017 | deVere Group, which owns more than 60 companies in the UK, Germany, France and other EU countries as well as Switzerland, the USA, Australia and China, and has more than 80 000 customers in more than 100 countries around the world, has received e-money institution license and is starting to provide financial services. Read more […]

Seven FINTECH trends this year – what could be expected?

16. February 2017 | FinTech market probably never has been on such rise as it is currently. Lithuania with the Bank of Lithuania at the forefront grasping full potential of FinTech enterprises for quite some time already is putting concentrated effort to create favourable conditions for FinTech companies to come to Lithuania. It is obvious that FinTech fever is […]

Bank of Lithuania: we understand risks, nevertheless we will make Lithuania Fintech centre

13. December 2016 | The Chairman of the Board of the Bank of Lithuania Mr. Vitas Vasiliauskas states, that while he understands what kind of dangers establishment of small foreign financial technology companies might have, nevertheless the process will not be stopped due to that. During the meeting with the journalists on Friday, Mr. Vasiliauskas stated, that Lithuania is […]

Lithuania – a hub for FinTech companies in the European Union

7. November 2016 | With the expansion of e-commerce and alternative payment methods FinTech companies are becoming more and more active as they are looking for countries with suitable economic and political environment, even more so after Brexit. It is now that their eyes are increasingly also looking to Lithuania with it’s capital Vilnius, which is making every effort […]

Lithuania introduced a new type of Financial institution for FinTech

2. November 2016 | In order to attract more financial institutions and Fintech start-ups to Lithuania the Bank of Lithuania introduce a new type of payment service provider – so called “specialised bank“. The decision will come into force as of the 1st January 2017. “Such type of financial service provider will especially be attractive for Fintech companies, because […]

Licensing offer for UK finance companies providing services in EU market

19. August 2016 | Lithuanian European finance institutions The licensing solution for UK based companies providing services in single european market Payment Institution licensing price starts from GBP 10 000 (EUR 11 500) Payment Institution licensing term of starts from 3 months. Banks, payment and e-money institutions, insurance companies, investment funds, securities brokers, forex companies and other finance institutions around […]

European finance institutions registered in Lithuania

26. July 2016 | Licensing of banks, credit institutions, payment and e-money institutions, fintech companies, insurance companies, investment funds and investment management companies for the purpose of providing services in single European market.

Israeli high-tech financing breaking records: $1.12 billion in Q2/2015

18. November 2015 | Interest and investments in Israeli high tech is rising, setting new records. China is playing a prominent role, and the US and Germany are also involved.

Automotive Start-Up

28. August 2014 | China, Beijing: Our client is a startup enterprise specialising in electronic components for automobiles, used to achieve superior performance, whether it be more power, cleaner emissions or better fuel efficiency. The young company provides the whole range of services from software development to chip production combined with extensive after-sales service.