We help in obtaining a crypto license
Obtaining a license in Estonia will be a good choice for those, who are planning to enter the EU market, and an Estonian license is also a fairly optimal option for the price and opportunities provided by Estonian regulation. Many entrepreneurs have chosen Estonia for their crypto projects, ICOs, and also continue to conduct their business in the future. The number of launched crypto projects in Estonia is steadily growing.
Estonia occupies one of the first places in the world in terms of Internet availability and speed, which makes it a convenient place to conduct business related to cryptocurrency and blockchain projects, and its proximity to Russia, known for its IT specialists, allows you to conduct business with maximum efficiency.
Choosing an Estonian jurisdiction has the following advantages:
TERM
You can register a company and get a license to work with cryptocurrency within 3 months
E-RESIDENCY
Estonia is opened to entrepreneurs from all over the world and recognized as one of the most developed countries in terms of digitalization. Anyone who wants to make business in Estonia can apply for an e-resident card, which opens access to all state services and simplifies communication with state structures. This card saves you from bureaucracy and saves a lot of time
COST
The cost of a license in Estonia is several times lower than in Malta, Singapore, Switzerland or the USA
TAX SYSTEM
Estonia has one of the most competitive tax policies in the world, which allows this country to attract entrepreneurs from all over the world. There is no income tax in Estonia. Bitcoin and altcoins are not subject to VAT. Also, ICO projects are not taxed. That is, the funds raised from the ICO are not subject to income tax until the dividends from the ICO are distributed
ITLS WILL HELP YOU TO OPEN YOUR OWN COMPANY IN ESTONIA, GET A LICENSE, AND ALSO OPEN A BANK ACCOUNT. OUR SERVICES INCLUDE THE FOLLOWING:
Company establishment:
- Services of a contact person and a legal address for one year
- Payment of state duty
- Organization of sworn translation of a power of attorney and an application from a shareholder/member of the management Board
- Payment of notary fees
Obtaining a license for the services of a virtual value provider
- Obtaining a license for the services of a virtual value provider
- Submission of an application; conducting through the entire process of obtaining a license for the services of a virtual value provider, implementing AML procedures
- Opening a corporate account in a payment system or bank
- Registration of a local AML / KYC officer with a legal / financial education in Estonia and skills in the field of compliance
- Employment of a second local board member with a legal / financial education in Estonia and compliance skills
- Search and rent an office in Estonia
- Contribution of the authorized capital in the amount of 12,000 euros; registration in the Estonian business Register
- The general terms of establishing a company and obtaining a license are 60-90 calendar days, after we receive all the necessary documents from you.
- Employment of a second local board member with a legal / financial education in Estonia and compliance skills
- Deposit or increase of the authorized capital to the amount of 12,000 euros and registration in the Estonian business Register
- Opening a corporate account in a payment system or a bank that is registered in the European Economic Area and has the right to make cross-border transfers to the territory of Estonia.
- Search and rent an office in Estonia
WE WILL HELP YOU TO OPEN A CRYPTO BUSINESS WITH MINIMAL TIME
ITLS will help you to organize your crypto business, take care of all the difficult moments with registration and obtaining a license, as well as bring your current activities in line with the new requirements. Services can be provided at your choice - both in complex and separately.