An applicant for a license must submit an impressive list of papers. Please note that all documents must be translated to the local language and notarized. The index contains the charter of the company and a plan for 3 years. The financial strategy must demonstrate that the institution is ready to fully function as an issuer of money. It is essential to provide written documents that describe actions to protect the rights of electronic finance owners and confirm the minimum amount of equity. Governance and inner control tools and risk management; Structure of the organization, branches, representative offices, agents – all private individuals or legal entities through which the establishment plans to allocate or redeem funds. Details on persons who have a share in the capital of the establishment, managers, and the composition of the board. All key individuals must be qualified financial managers with relevant experience and professional education, as well as a good reputation without criminal records. Office address, website, and contact details for communication. Information about an independent auditing firm that will conduct the annual audit.