Forex License in Estonia 2026

Forex License in Estonia

A license is obligatory to be received in the case of performing a relevant business activity in Estonia. The licenses are issued by the Estonian Financial Supervision Authority (EFSA).

The company’s activities may include the following:

  • Establishment of a joint-stock company
  • Opening of a representative office
  • Opening of a branch

JOINT-STOCK COMPANY

The following must be undertaken to establish a joint-stock company:

  • Appointing the auditor
  • Preparation of documents
  • Opening the bank account
  • Registration at a notary
  • Capital — 25,000 EUR
  • Registration in the Securities Centre

Apart from the steps, the following documents shall be sent to EFSA:

  • Charter / notarial constituent documents
  • Information about shareholders, stockholding
  • Information about founders, members of board/council
  • Information on the companies in which the petitioning company participates by more than 20%
  • Information about auditors of internal control authorities
  • Balance, profit and loss statement, the annual report (for active company)
  • Three years’ business development plan
  • Document confirming an obligation to make payment to a pledge fund upon receipt of the license – one time, 1,300 EUR
  • and other documents, which will be defined by the specialist

To get the license, it is necessary to have an authorized capital in the sufficient amount:

  • Operations with securities, including in the name of a customer/at the expense of a customer — 50,000 EUR
  • Emission and securities portfolio management — 125,000 EUR
  • Underwriting, storage, securities management, trading at own expense — 730,000 EUR

Time frame

It usually takes up to 4 months to obtain a forex license in Estonia.

REPRESENTATIVE OFFICE

The representative office of the company should provide the following to be approved by the authority and operate legally:

  • a certificate proving the license availability in the country where the head office functions
  • an activity plan of the representative office
  • a power of attorney issued by the head company
  • a certificate or an extract on the head structural unit registration
  • articles of association
  • address of the representative office

OPENING A BRANCH

The branch of the company must provide the following to obtain an operating license in Estonia:

  • name and address of a branch
  • information about the head of the structural unit
  • business plan
  • if the parent company does not operate inside of the EU, it is also required to receive: permission to establish the branch
  • confirmation of legal operation of the company
  • certificate that the parent structure has the license
  • financial report on the head company’s activity

Regulated United Europe can help obtain a forex license for your business activity. Please request a consultation.

Legal Services for Your Forex Project from 1,500 EUR
Sheyla

“I am at your service to facilitate the acquisition of a Forex License in Estonia. Allow me to provide expert guidance in navigating the legal intricacies and regulatory requirements, ensuring your full compliance and a legally sound foundation for your forex activities in Estonia.”

Sheyla

MANAGing associate

email2sheyla.s@rue.ee

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