Registration of a pawnshop

Opening a pawnshop in Ukraine is a complex and multi-stage process. This procedure provides for many requirements and nuances, including the mandatory receipt of a license for a pawnshop and the entry of information about it in the State Register of Financial Institutions.

At its core, a pawnshop is a financial institution that provides loans to individuals, using its own funds or attracted from outside, secured by property, including jewelry, items made of precious metals, stones, technology.

related services provided by pawnshops include: a) appraisal of property provided on bail; b) its implementation; c) intermediary services for the insurance of the collateral.

Registration of a pawnshop involves two main stages:

1. Registration of a legal entity - a full partnership;
2. Entry into the Register of financial institutions by the National Commission for Regulation of Financial Services Markets of Ukraine.

What you need to open a pawnshop

1. Register a legal entity with the state registrar at the location of the financial institution;
2. Data on the pawnshop is entered into the register of financial institutions with the subsequent receipt of a registration certificate;
3. state financial monitoring registers the institution as a subject of primary financial monitoring;
4. Obtain a license to carry out activities.

What documents are needed to open a pawnshop

After registering a legal entity, the following documents are submitted to the National Financial Services Commission for opening a pawnshop and entering it into the Register:

1. Statement;
2. Statutory documents - notarized copy;
3. Certificate of state registration - a notarized copy;
4. Documents confirming the ownership / lease of the occupied premises, a copy certified by a notary;
5. Copies of diplomas of education of the head and chief accountant;
6. Information on the availability of premises for storing collateral, special technical equipment for servicing a pawnshop, the use of software, etc.

To obtain a license, a pawnshop provides similar documents to the National Financial Services Commission and submits an application.

Opening a pawnshop: what requirements must be met

• The institution must be registered in the form of a full partnership;
• The constituent documents must contain a complete list of services provided;
• The authorized capital must comply with the norms of legislation and the charter, be contributed at the time of filing an application for inclusion in the State Register;
• It is necessary to establish internal rules and regulations governing the provision of financial services;
• The pawnshop must have at its disposal a room with an area of at least 5 square meters, including a separate area for storing collateral; special technical equipment, accounting and registration system, etc.

In addition, the legislation provides for separate requirements for the creation of departments, the qualifications of employees. All documents that are submitted to the National Financial Services Commission must be correctly executed, the applications must be signed by an authorized person. To save time and open a pawnshop without obstacles from government agencies - order the registration service at RegService. You can sign up for a consultation by calling the phone number listed on the website, or by ordering a call back.

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