Get Your Estonia Crypto License through GBO Corporate Services

Estonia Crypto License Requirements and Legal Framework

Estonia leads the way as a pioneering nation vis-a-vis cryptocurrency, blockchain, and innovative new FinTech technologies. In Estonia, it is 100% legal for residents to buy/sell crypto and blockchain-based assets as well. From a legal standpoint, Estonia began offering crypto licences for companies in 2017. Specifically, there are Virtual Currency Wallet Service Licences and Virtual Currency Exchange Service Licenses. As stated, the minimum capital requirement is €12,000 at the time of license issuance. Further, the company applying for such license must be incorporated in Estonia. Background checks of stakeholders must reflect a clear history, with no criminal activity.

Estonia crypto license requirements regarding anti-money-laundering policies (AML) are stringent. GBO Corporate Services will walk you through every step of the process, to ensure compliance, understanding, and success in your Estonia crypto licence application. Various legal requirements must be complied with such as AML, and CFT (Countering the Financing of Terrorism) for both bricks and mortar financial institutions and virtual asset service providers. In 2021, the government of Estonia committed to focusing more on Cryptocurrency oversight, by way of payments, record maintenance, and KYC obligations.

 Contact GBO professional consultants today so that we can help you with your Estonia crypto license application.

 Estonia Crypto License Register

GBO Corporate Services agents are standing by to take your call regarding the Estonia crypto licence register process. Our professionally trained consultants understand how important it is for you to obtain your cryptocurrency license in Estonia so that you can legally start your crypto-based operations. We will walk you through the process, step-by-step. GBO understands the intricate rules, procedures, and requirements pertaining to the Estonia crypto licence register process, and we will assist you from inception to completion.

Sign up with GBO to take advantage of our professional services, to avoid any additional delays, costs, or rejections of your application for an Estonia crypto licence. Our fully staffed corporate office understands all parts of the Estonia crypto licensing process. We will work with you on all aspects of your application for Estonia cryptocurrency regulation and compliance.

Estonia Cryptocurrency Regulation

There are several important requirements for Estonia cryptocurrency licensing, notably:

• The state of Estonia has increased the state fee to €3,300
• €12,000 capital share paid at the time of license issuance
• A citizen of Estonia must serve as a director of the company
• A board of directors is required, as well as a registered Estonian address
• The cryptocurrency company must have an IBAN account before filing an application

According to the new rules related to cryptocurrency regulation in Estonia, both cryptocurrency licenses are available with Virtual Currency Service Provider Licenses (VCSL). All licensing applications through the Estonia authorities are conducted online via the Ministry of Economic Affairs and Communications.

GBO Corporate Services provides detailed information in your language, to ensure compliance with Estonia cryptocurrency requirements. Generally, Estonia crypto licenses are issued within 30 days – 3 months, on the proviso that all required documents, compliance, and financial affairs are accurate.

Contact GBO consultants today so that we can help you with your Estonia crypto licence application.

Estonia Cryptocurrency Tax

In line with regulatory authorities in other parts of the world, Estonia cryptocurrency tax is based on income-generating investments only. Companies need only declare those transactions from transfers or exchanges that generate income. GBO can provide you with detailed information on Estonia cryptocurrency tax rules. All taxes fall under the jurisdiction of the Estonia Tax and Customs Board.

Estonia Cryptocurrency Exchange License

Of all the global crypto licenses, the Estonia Cryptocurrency Exchange License remains highly sought after. GBO Corporate Services can ensure that your application for a crypto license Estonia is ironclad. Our teams of experts will ensure compliance from A-Z, with deference for your company’s pre-stated goals, and the legal options available to you.

We work quickly and efficiently to ensure that you receive your Estonia cryptocurrency exchange license. As a licensed cryptocurrency exchange, your company can offer crypto trading of fiat-to-crypto and crypto-to-crypto too. We have people on the ground in offices in Estonia to help fast-track your Estonia cryptocurrency exchange license.

Contact GBO consultants today so that we can help you with your Estonia crypto licence application.