{"id":3889,"date":"2022-01-13T09:20:18","date_gmt":"2022-01-13T09:20:18","guid":{"rendered":"https:\/\/faisalkhan.com\/?page_id=3889"},"modified":"2023-06-05T09:24:20","modified_gmt":"2023-06-05T13:24:20","slug":"fee-details-emi-license-lithuania","status":"publish","type":"page","link":"https:\/\/faisalkhan.com\/solutions\/licensing\/electronic-money-institution-emi\/emi-license-lithuania\/applying-for-a-new-emi-license-in-lithuania\/fee-details-emi-license-lithuania\/","title":{"rendered":"Fee Details for EMI License Lithuania"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Proposed Hourly Rates<\/h2>\n\n\n\n<ul>\n<li>Our discounted blended hourly rate is \u20ac 350<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Other Costs<\/h2>\n\n\n\n<ul>\n<li>Fees quoted are exclusive of VAT (if applicable), out-of-pocket expenses (such as translation, notary\/registry fees, and similar expenses), and standard office charge of 10% of the invoiced amount<\/li>\n\n\n\n<li>If any additional services are required, we would render them for the blended hourly rate above<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Fee Estimates:<\/h2>\n\n\n\n<p>Based on our previous experience, the fee estimates for the <a href=\"https:\/\/faisalkhan.com\/solutions\/licensing\/electronic-money-institution-emi\/emi-license-lithuania\/applying-for-a-new-emi-license-in-lithuania\/scope-of-legal-services-emi-license-lithuania\/\">legal services indicated in the previous section<\/a> are as follows:<\/p>\n\n\n\n<ul>\n<li>Licensing application and annexes: Licensing Annexes are filled in by us based on the Client\u2019s policies and procedures and our previous practice with the Bank of Lithuania and reviewed by the Client: \u20ac 45,000 &#8211; 65,000<\/li>\n\n\n\n<li>Incorporation and registration of the company: \u20ac 5,000;<\/li>\n\n\n\n<li>Investor clearance to national security interests: \u20ac 4,500;<\/li>\n\n\n\n<li>Key manager questionnaires and supporting documents: \u20ac 8,000 in aggregate;<\/li>\n\n\n\n<li>Qualifying holder questionnaire and supporting documents: \u20ac 2,500 per one Qualifying Holder questionnaire;<\/li>\n\n\n\n<li>Assistance with the first round of comments: \u20ac 10,000;<\/li>\n\n\n\n<li>Assistance with the second round of comments: \u20ac 8,000;<\/li>\n\n\n\n<li>Assistance with the third round of comments: \u20ac 6,000.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Billing Policy<\/h2>\n\n\n\n<ul>\n<li>We will send detailed statements of fees and costs incurred monthly and we expect our clients to settle invoices within three business days<\/li>\n\n\n\n<li>Legal services will be provided under the General Terms and Conditions of Legal Services as provided by our partner law firm.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Proposed Hourly Rates Other Costs Fee Estimates: Based on our previous experience, the fee estimates for the legal services indicated in the previous section are as follows: Billing Policy<\/p>\n","protected":false},"author":3,"featured_media":4991,"parent":3700,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_uag_custom_page_level_css":"","_lmt_disableupdate":"no","_lmt_disable":"no","footnotes":""},"blocksy_meta":[],"featured_image_urls":{"full":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania..png",1280,480,false],"thumbnail":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania.-150x150.png",150,150,true],"medium":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania.-300x113.png",300,113,true],"medium_large":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania.-768x288.png",768,288,true],"large":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania.-1024x384.png",1024,384,true],"1536x1536":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania..png",1280,480,false],"2048x2048":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania..png",1280,480,false],"gb-block-post-grid-landscape":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania.-600x400.png",600,400,true],"gb-block-post-grid-square":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania.-600x480.png",600,480,true],"yarpp-thumbnail":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania..png",120,45,false]},"post_excerpt_stackable":"<p>Proposed Hourly Rates Our discounted blended hourly rate is \u20ac 350 Other Costs Fees quoted are exclusive of VAT (if applicable), out-of-pocket expenses (such as translation, notary\/registry fees, and similar expenses), and standard office charge of 10% of the invoiced amount If any additional services are required, we would render them for the blended hourly rate above Fee Estimates: Based on our previous experience, the fee estimates for the legal services indicated in the previous section are as follows: Licensing application and annexes: Licensing Annexes are filled in by us based on the Client\u2019s policies and procedures and our previous&hellip;<\/p>\n","category_list":"","author_info":{"name":"Sumbul Rizvi","url":"https:\/\/faisalkhan.com\/author\/sumbulrizvi\/"},"comments_num":"0 comments","featured_image_urls_v2":{"full":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania..png",1280,480,false],"thumbnail":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania.-150x150.png",150,150,true],"medium":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania.-300x113.png",300,113,true],"medium_large":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania.-768x288.png",768,288,true],"large":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania.-1024x384.png",1024,384,true],"1536x1536":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania..png",1280,480,false],"2048x2048":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania..png",1280,480,false],"gb-block-post-grid-landscape":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania.-600x400.png",600,400,true],"gb-block-post-grid-square":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania.-600x480.png",600,480,true],"yarpp-thumbnail":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2022\/09\/Faisal-Khan-LLC-Fee-Details-for-EMI-License-Lithuania..png",120,45,false]},"post_excerpt_stackable_v2":"<p>Proposed Hourly Rates Our discounted blended hourly rate is \u20ac 350 Other Costs Fees quoted are exclusive of VAT (if applicable), out-of-pocket expenses (such as translation, notary\/registry fees, and similar expenses), and standard office charge of 10% of the invoiced amount If any additional services are required, we would render them for the blended hourly rate above Fee Estimates: Based on our previous experience, the fee estimates for the legal services indicated in the previous section are as follows: Licensing application and annexes: Licensing Annexes are filled in by us based on the Client\u2019s policies and procedures and our previous&hellip;<\/p>\n","category_list_v2":"","author_info_v2":{"name":"Sumbul Rizvi","url":"https:\/\/faisalkhan.com\/author\/sumbulrizvi\/"},"comments_num_v2":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.6 (Yoast SEO v22.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fee Details for EMI 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