It is essential to obtain a forex license when performing a business activity in Estonia. Licenses are issued by the Estonian Financial Supervision Authority (EFSA).

The company’s activities may include the following:

  • Establishing a joint-stock company

Joint-stock company

To get a forex license, a joint-stock company must be formed first.

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

  • Appointing an auditor


After completing the steps, the following documents should be submitted to EFSA:

  • Charter / notarial constituent documents

To receive a 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

Time frame

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

Representative office

The representative office of the company must 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

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

Company in Estonia OÜ can help obtain a forex license for your business activity. Please request a consultation.

Medium account for the Company in Estonia OÜ; a team of professionals assisting in formation and developing business in Estonia.