30/09/25
Lithuania has adopted the EU Crowdfunding Regulation, establishing a unified licensing framework for crowdfunding service providers across the EU. This move aims to enhance investor protection and streamline cross-border operations within the EU.
📜 Regulatory Framework
Under the Crowdfunding Regulation, entities wishing to operate as crowdfunding service providers in Lithuania must obtain a license from the Bank of Lithuania. The application process requires detailed documentation, including:
• A comprehensive business plan outlining the types of crowdfunding services and platforms.
• Internal governance structures, risk management procedures, and data protection protocols.
• Compliance measures for investor protection, including investment restrictions for inexperienced investors.
• A business continuity plan to ensure service provision in case of operational disruptions.
The Bank of Lithuania assesses applications within three months of receiving a complete submission. A state fee of €710 is applicable for the license application.
⚖️ Comparative Analysis
This regulatory approach aligns Lithuania with the EU-wide standards set by the Crowdfunding Regulation, facilitating a more cohesive and transparent crowdfunding landscape across member states. Notably, platforms like UAB “Profitus Crowdfunding” and UAB “Crowdpear” have successfully obtained licenses, demonstrating the practical application of these regulatory requirements.
In contrast, platforms such as EstateGuru Lietuva have not secured the necessary license, highlighting the importance of compliance with the new regulatory framework.
🏢 Sector Implications
The introduction of this licensing regime significantly impacts crowdfunding platforms operating in Lithuania and those intending to enter the market. Licensed platforms are now recognised as compliant entities, enhancing their credibility and trustworthiness among investors. Conversely, unlicensed platforms face operational limitations and potential legal challenges, underscoring the necessity for adherence to the new regulatory standards.
✅ Conclusion
Lithuania’s implementation of the EU Crowdfunding Regulation marks a pivotal development in the financial sector, promoting a more structured and secure environment for crowdfunding activities. Entities involved in or entering the crowdfunding space must ensure compliance with the licensing requirements to operate legally and effectively within the EU market.
For expert legal guidance on navigating the crowdfunding licensing process in Lithuania, contact NUR Legal. Our team specialises in financial services regulation and can assist you in achieving compliance with the Bank of Lithuania’s requirements. Visit us at NUR-Legal.com or contact us directly at info@nur-legal.com
Emil Korpinen