Privacy Policy

Privacy Policy & GDPR Compliance for Company Registration and Licensing Services

At Licensium, we are committed to ensuring that your personal data is handled responsibly and in compliance with the General Data Protection Regulation (GDPR). This Privacy Policy outlines how we collect, use, and protect your personal information when providing company registration and licensing services.

We collect the following categories of personal data in connection with the registration of companies and obtaining licenses:

• Identification Information: Full names, identification numbers (e.g., passport or national ID numbers).

• Contact Information: Email addresses, phone numbers, postal addresses.

• Company Information: Company name, registered address, legal structure, and business activity.

• Professional Information: Job titles, roles, and relevant business details.

• Financial Information: Bank account details, financial statements, and any other data necessary for the licensing process.

• Legal and Regulatory Information: Data needed to meet compliance requirements, including Anti-Money Laundering (AML) checks and other regulatory assessments.

We process personal data for the following purposes:

• Company Registration: To carry out the necessary steps for registering your company, including verifying your identity and other relevant details.

• Licensing Services: To assist with obtaining licenses for various business activities, ensuring that your application complies with the relevant regulatory requirements.

• Compliance and Due Diligence: To perform necessary checks, including AML and KYC (Know Your Customer) assessments, to ensure compliance with legal and regulatory standards.

• Communication: To communicate with you about the progress of your company registration and licensing application, and to provide updates on relevant regulatory changes.

• Marketing (Optional): To inform you about services we offer, if you have provided consent for marketing communications.

We process your personal data on the following legal bases:

• Performance of a Contract: Processing is necessary to fulfill our contractual obligations to you during the registration of your company or obtaining a license.

• Compliance with Legal Obligations: Processing is required to comply with applicable laws and regulations, such as AML and KYC requirements.

• Legitimate Interests: We process data for legitimate interests, including facilitating the smooth registration of companies and obtaining necessary licenses.

• Consent: Where required, we will obtain your consent to process your personal data for specific purposes, such as marketing communications.

We may share your personal data with third parties, such as government authorities, regulators, or our trusted service providers, as required to complete the company registration and licensing process. We take all reasonable steps to ensure that your data is protected and processed in accordance with GDPR.

• Security: We employ a range of security measures to protect your personal data from unauthorized access, loss, or misuse.

• Data Retention: We retain your personal data for as long as necessary to fulfill the purposes outlined in this policy or to comply with legal requirements.

You have the following rights regarding your personal data:

• Access: You can request access to the personal data we hold about you.

• Correction: You can request corrections to any inaccurate or incomplete data we hold about you.

• Erasure: You can request the deletion of your personal data, subject to certain conditions.

• Restriction: You can request the restriction of processing of your data in specific circumstances.

• Data Portability: You have the right to receive your personal data in a structured, commonly used format and to transfer it to another service provider.

• Objection: You can object to the processing of your data for direct marketing purposes.

To exercise these rights, please contact us at [Contact Information]. If you are not satisfied with our response, you may lodge a complaint with a supervisory authority.

In the course of providing services, we may transfer your personal data to countries outside the European Economic Area (EEA). We ensure that such transfers are made in compliance with GDPR and that appropriate safeguards are in place to protect your data.

We may update this Privacy Policy from time to time. Any changes will be posted on our website, and we will notify you of significant changes where required.