Obtaining a crypto license - Crypto Consulting

OUR SERVICES

Obtaining a crypto license

We provide legal support in the process of obtaining crypto licenses. These licenses entail the right to exchange fiat money for cryptocurrencies and vice versa, exchange one cryptocurrency for another, as well as storing client assets. Our assistance is based on years of experience in supporting cryptocurrency projects at all stages, from business launch to ongoing operations.

The timeline for obtaining a license depends on the jurisdiction and can range from 3 to 12 months. It is worth mentioning that there are certain jurisdictions where operating a cryptocurrency exchange is permitted without the need for a specific license. In such jurisdictions, it is possible to set up a crypto company within a few weeks.

We can assist you in selecting the most suitable jurisdiction for your business model, taking into account your budget expectations, desired customer geography, tax and reporting preferences, as well as the desired level of license prestige.

As part of the process of obtaining a crypto license, we can provide turnkey services that include jurisdiction selection, company registration, opening bank and merchant accounts, assistance in hiring local personnel, contractual legal support for your business, policy drafting, and finding partners to ensure liquidity and IT solutions.

SBSB Fintech Lawyers

Efficiently launching your cryptocurrency projects is our top priority

THE MOST POPULAR JURISDICTIONS:

Poland. Advantages: Possibility of opening accounts in European banks and payment systems. European reporting tax jurisdiction allows you to work freely and inspires confidence among partners. Low maintenance and upkeep costs. No residency requirements for participants, board members, and AML officer.
Czech Republic. Advantages: Possibility of opening accounts in European banks and payment systems. European reporting tax jurisdiction allows you to work freely and inspires confidence among partners. Low maintenance and upkeep costs. No requirements for minimal share capital and for residency of the beneficiaries and employees.
Lithuania. Advantages: Lithuania’s banks are familiar with crypto businesses and more likely to provide banking services to such entities. European reporting tax jurisdiction allows you to work freely and inspires confidence among partners. Lithuania has a clear and transparent regulatory framework for cryptocurrency businesses, offering certainty and ease of operation. Lithuania has a highly educated workforce, especially in tech and finance, providing a talent pool for staffing.
Switzerland. Advantages: Switzerland is friendly to cryptocurrencies in its jurisdiction. It is also possible to generate authorized capital from cryptocurrency. Registering a company in Switzerland shows your contractors the reliability of your company. Stability of legislation governing the provision of financial and virtual asset services.
Slovakia. Advantages: Possibility of opening accounts in European banks and payment systems. A European reporting tax jurisdiction that allows you to work freely and inspires confidence among partners. One of the lowest capital requirements. No residency requirements for participants, board members.
Kazakhstan. Advantages: Kazakhstan, especially the AIFC, is positioning itself as a major hub for cryptocurrency businesses with favorable policies, including tax benefits and ease of operation. The regulator operates under English common law, which can be more familiar and predictable for international businesses. Kazakhstan aims to serve as a financial hub for Central Asia, the Caucasus, EAEU, the Middle East, West China, Mongolia, and Europe, providing access to these markets.
Italy. Advantages: Possibility of opening accounts in Italian banks, European financial institutions. European reporting tax jurisdiction that allows you to work freely and generate trust among partners. There are no requirements for the authorized capital and residency of the beneficiaries and directors.
Singapore. Advantages: Singapore crypto license is an ideal solution for projects planning to work with the Asian region. A company with a Singaporean license has the opportunity to open an account with the prestigious DBS Bank and work with most banks around the world. The license provides a wider range of services than its analogs in other countries. Thanks to loyal regulation, transactions can be carried out with traditional fiat and cryptocurrencies.

WHY SBSB?

Expert knowledge since 2013

We focus on two areas: Fintech and Crypto. This enables our team to be qualified experts exactly in these domains.

We speak your language

We understand when you say: “We need this urgently, all deadlines are over OR this will be the first crypto project in the world..”

Customized solutions

All projects are different. And likewise, legal solutions are different. We design all solutions on an individual basis. Final result – that what matters.

Operating turnkey

All services are provided on a turnkey basis. We do not leave you stranded halfway, we follow up your idea to implementation. So that you can start operations all at once.

Our Clients & Partners

How it works

First contact

As part of the consultation, our lawyer will review the project details and research your objectives.

Structure

Development of a customized solution for your project. We send you our quotation. Then we get the prepayment for our services and sign the contract.

Implementation

After a contract is signed, we will perform the project tasks: company registration, licensing, fund creation etc.

Follow-up

We make sure the project is ultimately prepared for doing business and will offer follow-up services after the launch.

Meet our experts

Our team of experts at Crypto License and Fintech Lawyers is dedicated to providing top-notch legal support and guidance to our clients.

Yuliya Barabash

Managing Partner

As the Managing Partner of SBSB FinTech Lawyers, Yuliya founded the company in 2013 and has been managing it for 10 years. Yuliya is an expert in providing Fintech advice, launching payment systems and neobanks, supporting investment and crypto projects, and establishing companies worldwide.

Ivan Nevzorov

Head of the Fintech Department

In 2020, Ivan took over the Fintech Department at SBSB Fintech Lawyers. Has extensive experience in launching and maintaining Fintech and crypto projects. With his team, he has obtained over 30 crypto licenses in Italy, Lithuania, Estonia, Poland, Slovakia, Singapore, the Czech Republic and Canada.

Schedule a Consultation with Our Experienced Fintech Lawyers and Get Expert Guidance on Crypto Licensing and Crypto Consulting Matters.