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LICENSING


ELECTRONIC MONEY



What is electronic money?


In a nutshell, electronic money (also called “e-money”) is a digital record of value in a given system. E-money can be exchanged between two parties, but no one actually touches money because all that happens is an exchange of electronic records.


The media that stores this predefined value or payment information can be either hardware or software.

    Fintech digital payments logo


    • Financial Conduct Authority FCA-UK


    • FCA logo
    • www.fca.org.uk
    • FCA - Financial Conduct Authority. In the UK, almost all financial services activities must be authorized by the Financial Conduct Authority - FCA. This is the organization that issues licenses for electronic money card operators. If you need a license for a card operator, our lawyers will advise you on what you need to do to get a license!
    • London, UK
    • Performance period - from 6 to 9 months
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    • FINANCIAL LICENSE IN ESTONIA


    • Fiee logo
    • www.fi.ee/et
    • Estonia offers an attractive regulatory environment for companies providing B2B financial services. The country is known for its progressive approach to financial sector regulation, making it an ideal place to do business.
    • Estonian B2B Finance License
    • Estonia has clear and transparent licensing rules that allow companies to quickly and efficiently obtain the necessary permits and licenses to operate. In addition, Estonia's tax system is one of the most competitive in Europe, reducing operating costs for businesses.
    • B2B fintech startup in Estonia
    • is a leading consulting company specializing in helping businesses go through the licensing process in Estonia for B2B services. Our team of experts has extensive experience in guiding clients through the regulatory landscape, ensuring a smooth and efficient licensing process.
    • Licensing term - 6 months
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Energy logo


LICENSES IN ENERGY



Certification, Licensing and Special Requirements Certification Energy brokers can obtain an energy risk professional certification from the Global Association of Risk Professionals.


The Association of Energy Engineers offers the Certified Energy Professional Designation to professionals in the buying, selling and marketing of electricity and gas.


Energy brokers can also get certified


Requirements include completing formal training, passing a certification exam and committing to annual continuing education. Experience, Skills and Personality Traits Employers prefer to hire energy brokers who have two or more years of experience and a proven track record in sales.


The job requires strong communication skills and the ability to speak with people of all professional levels and experience. Clear communication skills are required to effectively share information about energy products and services.


Just as important is the ability to listen carefully to customers, to better understand their needs and concerns. Successful energy brokers create a dialogue with customers, always asking them questions to clarify information, which also helps them know which energy products and services will best suit the customer's situation.


Trust is essential when contacting potential customers and presenting information in promotional offers. Strong negotiation skills will help clients get the best rates and increase the broker's client base. Energy brokers should also have a good knowledge of various software programs, including customer relationship planning software such as Oracle Siebel CRM and enterprise resource planning software such as SAP.

    TYPES OF LICENSES


    • LICENSE FOR ELECTRICITY PRODUCTION


    • Power Energy logo
    • If you are planning to build a power generation installation, for example a Solar Park, a Hydroelectric Power Plant (HPP) or a Biomass Processing Power Plant with a total installed capacity of more than 20 MW and more , you will need a license to produce electricity. It is issued by an EU entity based on the location of your registered trading company, and is usually valid for 20 years. It is tailored to the specific energy source and is issued after analysis and verification by the regulatory commission for the presence of legal, technical and financial possibilities for the realization of the investment intention.
    • Smart Startup UK's team of lawyers and experts have extensive experience in guiding clients through the regulatory landscape, ensuring a smooth and efficient licensing process.< /li>
    • Performance period - from 6 to 9 months
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    • ENERGY BROKER LICENSE


    • Energy broker logo
    • The electricity trading license is valid for 10 years. To apply for an electricity trading license, you must have a certificate of professional qualification as an energy broker. Our attorneys can assist and refer you to an energy broker academy that can be completed in absentia. A fee of 1,000 Euros is payable for consideration of the licensing application (the fee is paid to the licensing authority), and the minimum annual license fee is 15,000 Euros.
    • Full administrative and legal support to obtain a certificate and license to trade electricity from "Smart Startup UK" lawyers.
    • Performance period - 3 months
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