Question 1

How long does a CASP license take in Estonia?

Accepted Answer

Estonia typical CASP authorization timeline: 3–6 months typical processing time. This covers the NCA review period once the application is declared complete. Preparation time is separate and can be reduced to 4–8 weeks using Micahub.

Question 2

How much does a CASP license cost in Estonia?

Accepted Answer

Indicative NCA fees in Estonia: €5,000–€25,000. Total cost includes legal and document preparation, which can be reduced by 60–80% using Micahub's automated application platform. Traditional consulting typically costs €150,000–€500,000.

Question 3

Which regulator oversees CASP licenses in Estonia?

Accepted Answer

The National Competent Authority for MiCA CASP authorization in Estonia is Finantsinspektsioon (Finantsinspektsioon (Estonian Financial Supervision Authority)). Applications are submitted to Finantsinspektsioon, which reviews and issues the authorization. A Estonia CASP license provides EU passporting rights across all 30 EEA member states.