Crypto License in Philippines
Everything you need to know about the crypto license in Philippines.
- Highly reputated
- Gain trust and market yourself as a regulated crypto business
- High level crypto processionals (workforce)
- Comprehensive and straightforward process
Legal experts in designing solutions for crypto licensing worldwide.
Corporate finance specialist and expert about FinTech regulations worldwide.
Cost of Crypto License in Philippines
Pricing for registration of Philippines Crypto License
Legal experts in designing solutions for crypto licensing worldwide.
+44 20 4577 0974
Corporate finance specialist and expert about FinTech regulations worldwide.
+44 20 4577 0974
Get a call from one of our experts and receive a 30 minutes consultation
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Initial consultation with an expert
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Turnkey Company Formation
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Registration as VASP with the Regulator
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Registered legal company address for 1 year
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Basic (mandatory) AML/KYC Policy
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Full communication with VASP Issuing authority for obtainment of authorization
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Translated and apostilled set of corporate documents
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Assistance in opening Business account for crypto operating activity
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Assistance in formulating requirements, finding, interviewing and written agreement with AML/MLRO for your crypto company
Full turnkey crypto company formation and support in all necessary aspects
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Initial consultation with an expert
-
Turnkey Company Formation
-
Registration as VASP with the Regulator
-
Registered legal company address for 1 year
-
Basic (mandatory) AML/KYC Policy
-
Full communication with VASP Issuing authority for obtainment of authorization
-
Translated and apostilled set of corporate documents
-
Assistance in opening Business account for crypto operating activity
-
Assistance in formulating requirements, finding, interviewing and written agreement with AML/MLRO for your crypto company
They knew better and trusted us, they tell about their experience
I highly recommend Legal Bison to any entrepreneur or business seeking top-notch services for their company formation. Their commitment to excellence and customer satisfaction is truly commendable.
Best company for Crypto Licenses! Kudos to the team for making the incorporation of our company really smooth
Quick set-up and straightforward process. It was a smooth process, we are happy to have chosen LegalBison as our Partner for incorporations, globally.
We are happy to cooperate with LegalBison for more than 2 years and during this time they definitely secured a reputation of very professional and reliable partner. Great knowledge, competence and good attitude. Keep up the good work!
General information about the Philippines Crypto License
What digital asset services can I offer with a crypto license in the Philippines?
- Custody
- Fiat to crypto
- Crypto exchange
Who regulates crypto companies in the Philippines?
The Monetary Board of the Philippines’ Central Bank provides the certificate to deliver virtual asset services
What are the minimum requirements to obtain a crypto license in the Philippines?
- A company registered in Philippines
- A detailed business plan including charts, schemes and forecasts
- Local substance: an office space with domestic employees
- A specific set of required internal risk policies according to local AML laws
- Description of services offered to customers within the first 3-9 months after granting of license
- Certificate of no criminal record from all participants (shareholders, directors, compliance officers), which is not older than 3 months
- A raised share capital
What is the procedure to obtain a crypto license in the Philippines?
- Register a company in the Philippines
- Prepare a business plan and your corporate structure
- Redact an application letter
- Upon confirmation of eligibility of your project, provide the necessary documents
- Receive Notice of Approval and pay the registration fee
- Receive the Certificate of Registration and start your business
- Suitable activities with this license
- Regulatory authority in Philippines
- Requirements
- Licensing Process in Philippines
What digital asset services can I offer with a crypto license in the Philippines?
- Custody
- Fiat to crypto
- Crypto exchange
Who regulates crypto companies in the Philippines?
The Monetary Board of the Philippines’ Central Bank provides the certificate to deliver virtual asset services
What are the minimum requirements to obtain a crypto license in the Philippines?
- A company registered in Philippines
- A detailed business plan including charts, schemes and forecasts
- Local substance: an office space with domestic employees
- A specific set of required internal risk policies according to local AML laws
- Description of services offered to customers within the first 3-9 months after granting of license
- Certificate of no criminal record from all participants (shareholders, directors, compliance officers), which is not older than 3 months
- A raised share capital
What is the procedure to obtain a crypto license in the Philippines?
- Register a company in the Philippines
- Prepare a business plan and your corporate structure
- Redact an application letter
- Upon confirmation of eligibility of your project, provide the necessary documents
- Receive Notice of Approval and pay the registration fee
- Receive the Certificate of Registration and start your business
Alternatives to a crypto license in Philippines
Our team has curated the following jurisdictions as being worthy alternatives to a crypto licensed company in Philippines
Crypto License in Malaysia
on request-
Straightforward process
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Light AML and KYC
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3% Tax
Crypto License in Malta
on request-
Serious Crypto Jurisdiction
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Adaptable license
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Highly reputed
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Fastest licensing process
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Lowest price in 2024
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Available ready-made companies
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High reputation
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Financial business hub
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Offshore jurisdiction
Crypto License in Singapore
on request-
Elite finance country
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Prestigious
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Provide electronic money
About Crypto License in Philippines
Yes. Substance has to happen within the Philippines. It includes renting an office and employing a local company director.
Yes. Though it is never a certitude in such a fast moving industry, opening a bank account for a Philippines crypto company is possible.
Yes. If your Philippines crypto company is granted the necessary authorizations, you will be able to provide multi-currency accounts for your clients.
Yes! We are able to design a business plan for any kind of business venture. We have experience dealing the granting authority and we know their expectations from applicants.
No, only individuals from blacklisted countries (f.e. North Korea), will not be able to proceed with that license.
Yes, this is possible, but in any ways the authorities of the Philippines requires a certificate of no criminal record (also of a legal entity). We recommend to stick to individuals.
Yes. With initiatives such as the opening of the Cagayan Economic Zone, with a dedicated authority (CEZA) for FinTechs and blockchain companies, Philippines is highly regarded for cryptocurrency businesses.
Start your crypto company in Philippines today
Request more information about the crypto license in Philippines now
Legal experts in designing solutions for crypto licensing worldwide.
Corporate finance specialist and expert about FinTech regulations worldwide.