License Application
Welcome to our license application services, where we provide comprehensive support to help individuals and businesses navigate the licensing process and obtain the necessary permits and approvals to operate legally and successfully.
Licence can be defined as the permission document that must be obtained from the relevant authority to operate and perform certain activities, and failure to obtain it results in prohibition of the said activities. Each country's legislation may regulate different types of licenses and acquisition conditions based on the type of activity.
Additionally, some licenses can be granted by international organizations established through international agreements, and they may have international validity. Merchants who obtain a license from the national or international authority related to their activity are obliged to comply not only with the regulations specifically related to the licensed activity, but also with other legal regulations.
Merchants who are found to be operating without obtaining the necessary licenses are subject to serious penalties and are prohibited from conducting their activities.
There are licenses issued for many different areas of activity, such as environmental protection licenses, industrial licenses, licenses related to oil and gas activities, mining licenses,ports licences, transportation licenses, aviation licences, defense licences, import&export licences, refining licenses, stock exchange licenses, software licenses, trademark and patent licenses and licenses issued for precious metals.
There are many different licenses according to the scope of activity. Countries may have different legal regulations for license applications.
As QANAQ, we offer consultancy services for license procedures to our clients and investors in various countries, in collaboration with our legal partners.
Some of the license areas we provide consultancy services for in the oil market activities are as follows:
a) Refinery License,
b) Processing License,
c) Lubricant License,
d) Storage License,
e) Transmission License,
f) Free User License,
g) Export Delivery License,
h) Distributor License,
i) Transportation License,
j) Franchise License.
It has come to our attention that public institutions that are adapting to evolving technologies are now accepting electronic document and license applications in their licensing processes.
Although this may provide convenience for the applicant, we have noticed that technical errors are becoming more frequent in applications, and applications made without seeking consultancy services from expert consultants in the relevant country can lead to rights violations. Furthermore, it should be noted that delays in license applications, which take longer than the prescribed period by law, not only result in loss of rights, but also cause damage due to the significant cost incurred by investors as a result of time lost.
The unlawful cancellation of the license holder's license is another crucial issue related to the use of licenses and their associated rights.
License holders may face not only license cancellation, but also administrative fines. If a criminal act is discovered, criminal proceedings may be opened against the license holder, company executives, or partners, and restrictive measures may be taken. Another frequently encountered sanction is the seizure of the license holder's assets and the prohibition of entry into the country with the threat of prosecution.
Especially for multinational companies, the revocation of a license in any country can indirectly result in the loss of the license rights of multiple businesses, as it may affect the licenses and operating rights of partners due to the partnership structure. As QANAQ, we provide consulting and representation services in the legal defense process against license cancellation and related criminal and administrative sanctions to our customers with our partners established in multiple countries.
Would you like to establish a local company or acquire a company in a foreign country?
According to legislation in many countries, certain activities can only be undertaken by local companies. As a result, the only option available for foreign investors is to establish a company in the country where they wish to apply for a license and apply for the license through the name of the local company.
Countries that require local partnership of fifty percent or more for certain licenses also require the company manager or board chairman to be a local citizen. This can make foreign investors hesitant to invest in the country and may lead to a lack of confidence.
Although it may appear contradictory for governments that require foreign investors to have local partners owning 50 percent or more of the investment company while also needing foreign capital and advanced technology, we understand that countries regulating this requirement only in sensitive areas are also seeking to develop strong and reliable local companies. Thus, while the government aims to benefit from foreign investors' technical advancement and experience, it also strives to create a stronger local know-how by allowing local companies to benefit from this. For instance, in the worst-case scenario where the foreign investor decides to leave the country and investment after a while, the local partner would have gained some of the foreign partner's experience and knowledge, and would have the potential to continue the investment.
Many countries also require companies to have local representation in finance, banking, and stock exchange operations.
Developing partnerships with trustworthy local partners who share the same commercial goals as foreign investors, representing them in the foreign country, ensuring their rights are protected, and carefully monitoring the company are all services that need to be provided with great care. It is often observed that foreign investors make quick decisions without receiving adequate due diligence services and encounter problems later due to local partners or managers.
Our company offers consulting services to foreign investors for establishing reliable partnerships and managing companies in various foreign locations, including but not limited to Luxembourg, Dubai, London, Istanbul, Milan, Rome, Geneva, Nairobi, Kampala, Lagos, Tokyo, Stockholm, Baku, Ljubljana, Accra, Florida, Sao Paulo, Doha, Madrid, Belgrade, Mumbai, Kuala Lumpur, Taipei City, Ottawa, New York, Munich, Amsterdam, Vilnius, and Bologna. We also collaborate with independent audit firms and law offices to ensure that the rights and obligations of foreign investors investing in a foreign country are thoroughly inspected after company establishment.
Investors may face the risk of losing the conditions they had at the time of their license application due to regulatory changes during the licensing process, or due to changes in the financial or administrative conditions of the investor company over time. In such situations, investors may have various options available. If unfavorable conditions are detected early on, many license holders can suspend or terminate their license without incurring penalties. Seeking guidance from legal advisors who specialize in monitoring license terms during the ownership period can facilitate this process.
Early detection of issues can help prevent the loss of license rights and allow companies to continue using their license by seeking new investors.
Are you in need of consultancy services pertaining to licenses for intellectual property rights?
Foreign investors who engage in software and technology development in foreign countries often face the most prevalent issue of inadequate and untimely protection of their intellectual property rights.
If you need assistance with software licenses, compliance with local and international regulations for protecting personal data, safeguarding trademark, patent, and utility model rights, or preventing any other compensation-related rights losses, you can send your official demand through our e-mail addresses.