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Why ECOVIS

   WHY ECOVIS

ECOVIS International is a leading global consulting firm having over 4500 professionals operating in over 65 countries. ECOVIS ProventusLaw is a Lithuanian member firm of ECOVIS International.

ECOVIS experience in consulting and licensing international clients starts since the incorporation of first modern NSEL 30 Index fund in Lithuania and fund’s management company 15 year ago. Few years later ECOVIS ProventusLaw assisted in licensing specialised US securities investment fund – ZPR US Small Cap Value Fund for US based Investment manager ZPR International.

ECOVIS group invited international Fintech companies to Lithuania even before the Bank of Lithuania and the Government launched the initiative of “Fintech heaven” in Lithuania.

In 2014 we licensed European branch of California based e-payment company Alternative Payments, servicing over 100 000 websites around the world. Alternative Payments currently holds Lithuanian license for their pan-European business. We serviced global financial giant deVere Group getting a license for their global activities, advised national post operator AB Lietuvos Paštas and leading mobile telecommunications service provider UAB Omnitel getting their licenses.

_jbm9245Currently we service clients from continental Europe, UK, US, Canada, China, Hong Kong, Israel, UAE, Singapore, the Philippines. We do not make any difference between experienced international finance institution providing services around the globe and Fintech start-up making first steps in to the European financial market. We welcome everybody and we are ready to assist.

ECOVIS professionals advise governmental working groups improving regulatory environment for finance institutions in Lithuania and focusing it for pan-European needs. Being active members of local Fintech community, we appreciate the efforts of our colleagues from other local Lithuanian and pan-Baltic firms and do not consider them as competitors.

_jbm2215Our common aim is to make Lithuanian even better jurisdiction for finance institutions providing services in a single European market. If you really believe that our existing regulations do not meet your requirements and you know how to make things better, please do not hesitate to contact us. Our Fintech community and regulator welcomes all the new ideas and proposals how to improve existing regulation. International Fintech is part of the Government policy in Lithuania.

As interdisciplinary network of legal, audit and tax professionals, ECOVIS advise on all aspects of finance institution incorporation and licensing process, including preparation of the business plan, tax advice and selection of the personnel.

ECOVIS handle all the licensing processes, from the preparation of documentation in client’s home country, until the submission of whole licensing package to the regulator and representation to the regulator.  We believe that our knowledge and international expertise of the interdisciplinary network of ECOVIS International professionals can meet all the requirements that finance business people from around the world could have.

Being a worldwide network with the offices in 65 countries ECOVIS provides possibility for the clients to work through their home country ECOVIS office. You can get a license for your European finance business without leaving your home city.

Local knowledge in the home country and international expertise of the international network of ECOVIS professionals ensures fast and efficient services provided for the client. This makes ECOVIS different from other service providers.