License for finance lease services in Ukraine
Cost of services
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What we offer
- advise on all matters of collecting and preparing necessary documents for obtaining a license, as well as a full list of requirements that a lessor must meet;
- draft internal rules for a provision of financial leasing services, a standard financial leasing agreement;
- help with an organization of pre-license audit;
- draft and submit to the National Bank of Ukraine (hereinafter - the NBU) the necessary package of documents for obtaining a license.
In some cases, provide a service additionally:
- draft other documents (except those directly submitted to the NBU), which are necessary in the course of daily activities of a leasing company;
- help to obtain electronic keys for submitting reports and the reporting of a lessor.
- include to the Register of financial institutions (“simplified” - if the company will deal only with financial leasing; or “a simple register” if the company will do several types of financial services at once)
Documents for a leasing license
Documents for a leasing license can be divided into those provided by a client, those prepared by our firm and those provided by an auditor.
Documents provided by a Сlient:
- Passport, identification code and employment records of a head and a chief accountant;
- Certificate of inclusion in the register of the NBU (if obtained by the client);
- Contact details, as well as an official website with information, which is required according to the licensing conditions;
- Financial statements and reporting data.
Documents prepared by our firm:
- Questionnaires of a head and a chief accountant;
- application;
- internal rules for providing financial leasing services;
- standard contract for the provision of financial leasing services.
Documents provided by an auditor/auditing firm:
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a report confirming a verity of information contained in the financial statements and customer reporting data.
How to obtain a license for lease services?
Obtainment of a leasing license consists of two key stages:
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Inclusion in the register of the NBU. The stage provides inclusion of an applicant company in one of two registers - the register of financial institutions or the register of legal entities that are not financial companies, but have the right to provide certain financial services under the law (the only type of financial services is financial leasing).
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Obtainment of a license from the NBU.
In practice, the period for obtaining a leasing license is at least one and a half months, and usually even longer. If you need to start working faster, we offer to buy a ready-made company with a license for leasing.
Service packages offers
- Oral consulting on the conditions for the provision of leasing services
- Advising on the licensing conditions of leasing companies and the procedure for obtaining a license
- Advising on current requirements and the procedure for submitting reports to the NBU and other regulatory authorities
- Registration of a legal entity
- Necessary notarial and registration actions
- Preparation of documents for entry into the NBU Register and issuance of a license, as well as submission of documents to the NBU without further monitoring decisions and preventing failures
- Oral consulting on the conditions for the provision of leasing services
- Advising on the licensing conditions of leasing companies and the procedure for obtaining a license
- Advising on current requirements and the procedure for submitting reports to the NBU
- Registration of a legal entity
- Necessary notarial and registration actions
- Preparation of all necessary documents for entering a financial company into the Register and submission of documents to the NBU with a guarantee of a positive result
- Preparation of documents for the issuance of a license and submission of documents to the NBU with a guarantee of a positive result
Legal advice on obtaining a finance leasing licence
If you want to understand the complexities and peculiarities of the procedure to obtain a finance leasing licence, you can contact us for an introductory consultation.
As part of this consultation a lawyer will answer the basic questions:
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What are the steps involved in obtaining a licence?
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How long does it take to go through the procedure?
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What is the legal fee for obtaining a financial leasing license?
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What are the benefits for our Clients?
The cost of the introductory legal advice is included in the price to be paid for the main service.
Our services can be paid both in cash and via wire transfer. In addition, in any case, a contract will be concluded with you.
Additional payments by the Client:
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A one-time fee in the amount of one living wage for able-bodied persons is charged for the issuance of a license. The amount of this payment changes several times a year. You need to pay exactly the amount that was established on the day the license was issued. You can not worry about this, we will provide you with the payment details and indicate the current amount.
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Other payments (for example, notarization of the articles of association, auditor services, etc.).
Why us
We are ready to help you!
Contact us by mail [email protected] or by filling out the form:Our successful projects
Leasing license lookup
To obtain a leasing license, it is necessary to meet all requirements applicable to a license applicant by a regulator and to a package of documents, which is submitted for obtaining a license. Among them are requirements for staff, accounting and data recording systems, office equipment, communications, internal regulations and rules. Bringing a license applicant in full compliance with the licensing conditions guarantees quick obtainment of the license, as well as ensures absence of any complaints from a regulator during the further business activity.Furthermore, specialists of our firm help with obtaining leasing licenses, including applicants, who can only meet the minimum requirements of the licensing authority. We draft an standard financial lease agreement, internal rules and other necessary documents.
Electronic reporting of a lessor
From the beginning of 2018, a new reporting procedure for lessors and financial companies came into force. The deadlines for submitting reports have been preserved, however, leasing companies must submit reports in electronic form up to date.
The procedure involves:
- obtaining a login password for access to the electronic reporting system of the NBU;
- obtaining electronic keys to a head and an accountant (if available) to sign statements.
It should be noted that paper reporting is no longer accepted and there are many cases, where due to submission of reports in improper form (reports were planned for submission in paper form, but were not accepted and an applicant did not have enough time to obtain keys and login / password), owners of leasing licenses had to pay quite significant fines.
Our lawyers can help with obtaining keys / access to the reporting system, as well as deal with basic reporting.
Answers to frequently asked questions
No, it is not enough. In the past, before the current license conditions were accepted, the provision of financial leasing services based on a registration certificate (inclusion in the register) was possible. Today, an inclusion in the register is only one of the stages of obtaining a finance license.
The advantages of obtaining a leasing license with our legal help
- Our specialists have significant experience in obtaining various permits and licenses in the financial services market and in other areas.
- We obtained licenses for financial leasing, factoring, provision of guarantees and suretyship, provision of loan funds.
- Your documents, which must be submitted to the NBU, will be carefully worked out by specialists of our firm. This is extremely important, since any inaccuracy in the submitted documents may be further interpreted by a regulator as providing incomplete information or providing inaccurate information and, consequently, the regulator may refuse to issue a license;
- With us your time is guaranteed to be saved.
- After final approval of the full list of documents, our specialists will undertake all the work to support the process of obtaining a license.
- The cost of services in the process does not increase.
We obtained various licenses and at the same time there has been no case thus far, when we did not finish work and did not obtain a license for our client in our practice. If this ever happens, we will refund all the money under the contract.
The procedure for obtaining a license for finance lease service
After reaching agreement on the timing and cost of services, we sign an agreement on the provision of legal services with a Client.
After agreeing on information about a future lessor, you must:
- provide a power of attorney for lawyers of the firm, other documents that are provided by a client personally;
- sign the necessary documents and an application for a license obtainment.
Having obtained a full package of documents, the specialists of our firm submit it to the NBU.
After obtaining a notice of a decision to issue a license, the Client pays an official one-off payment for issuing it. If necessary, the payment can be made by specialists of the firm. For this you need to provide our specialists only with the necessary amount of money. In accordance with your wishes, the typical procedure for obtaining a license for finance lease services can be changed to a more convenient option for you.
For more information and ordering the service "License for finance lease services" contact the specialists of our firm.
Payment for the issuance of a license is made only after a positive decision of a regulator to the accounts of the State Treasury Service of Ukraine.
If You wish to obtain License for finance lease services in Ukraine fast and easy - call us!
