- Incorporation as any kind of valid mercantile company;
- Registered office, management and administration on the territory of Spain;
- Share capital of 125,000 Eur for API, and 350,000 Eur for EMI;
- Partners owning significant shareholdings shall be suitable, in accordance with the provisions of article 17 of RDL 19/2018;
- Directors, general managers/assimilated officers should have knowledge in the performance of payment services.