With over 8 years of experience in the consulting sector, Estonian Crypto Licenses can assist you in obtaining the new Virtual Currency Service Provider License, to start your crypto-businesses in Europe.
The release of an operating license is an activity regulated by:
The Money Laundering and Terrorist Financing Prevention Act.
The procedure for the registration and processing of data collected by the Financial Intelligence Unit.
The criteria of low risk of money laundering and terrorist financing, which allows the application of simplified customer due diligence measures.
The Estonian Financial Intelligence Unit (FIU) issues the operating license.
FIU is an independent structural unit of the Estonian Police and Border Guard Board.
Required documentation
The minimum set of documents required for one of both the licenses includes:
A certificate of the register of convictions (‘criminal records’) for each shareholder, board member, ultimate beneficiary owner and responsible person, not older than three months.
A copy of the passport of all the persons as mentioned above.
The rules of procedure for AML/CTF purposes (usually prepared by us)
The certificates of the register of convictions must be in English or Russian and certified with an apostille. In some cases, FIU might require additional information, including:
CVs of related persons.
A copy of the passport of all the persons as mentioned above.
The rules of procedure for AML/CTF purposes (usually prepared by us)
Additional services
Renting
We can rent you physical working spaces and private serviced offices.
Bank accounts
We can assist you in opening accounts with EU banks and payment institutions.
VAT ID registration
We can take care of the the registration of your VAT ID number.
Apostilles
We can deal with everything related to various kind of apostilles.
Accounting
We can offer you accounting services and take charge of your tax reports.
Recruitment
We can help you recruit the right people and help your business grow over time.
Crowdsale
We have a ready-made customised crowdsale platform on Ethereum Blockchain.
Straight from our blog
We occasionally talk about cryptocurrency-related topics on our company blog.