Factoring in Estonia

Saatja: "Maksim Piatrou" <[email protected]> Saaja: "RAM Info" Teema: [Caution: Message contains Redirect URL content] Factoring in Estonia Kuupäev: 2023-11-14 07:00 Dear Sir/Madam, We would like to ask your advice with the following: 1) Does a company need to apply for a special license to provide factoring service in Estonia? Are there any special requirements for such activity? If yes, please refer us to the applicable law / regulations. 2) Who is the financial regulator for factoring activities in Estonia? 3) Is there any special form of factoring agreement provided for by the Estonian legislation? 4) Can an Estonian company purchase debt in foreign currency from EU and non-EU companies? 5) Is there a document regulating cross-border factoring operations? 6) Does the “Late payment directive” apply to factoring transactions? We would greatly appreciate your assistance with this matter! Thank you. <https://www.gma.trade/> <https://static.wixstatic.com/media/014dd6_3b7cc16414724ec9a848df7640e8e259~mv2.png> Maksim PiatrouChief Financial OfficerPhone: <tel:+3728807750> +372 880-77-50 (ext. 0) Direct: [email protected] <mailto:[email protected]> Office: Tornimae 5, Tallinn, 10145, Estonia VAT.: EE102069790 Reg. No.: 14468824 www.gma.trade <https://www.gma.trade/> <https://www.linkedin.com/company/gma-consult-group> <https://twitter.com/GMA_Digest> <mailto:[email protected]> <tel:+3728807750> <https://bit.ly/37RBNsy> <https://bit.ly/3KeYp3n> This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error, do not read the contents and please notify the sender. Thank you. <https://static.wixstatic.com/media/014dd6_8782afa0f5464a55af4c38f5e6e2f26e~mv2.png> <https://app.frontapp.com/api/1/noauth/companies/gma_consult_group/seen/msg_134dfuvj/han_45x7oi7/23f16d56.gif>