Crypto License in the Cayman Islands

Crypto License in the Cayman Islands banner
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0% tax
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from 2 weeks
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on request

Pricing for registration of Cayman Islands crypto license

Basic Package

Turnkey company formation, including VASP registration. Start now!

on request Initial set up
no maintenance Maintenance per month
  • Turnkey Company Formation
  • Registration as VASP with the Regulator
  • Registered legal company address for 1 year
  • Basic (mandatory) AML/KYC Policy
Custom Package

Full turnkey crypto company formation and support in all necessary aspects

on request Initial set up
  • 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

Professionals for Crypto License in Cayman Islands - Free Consultation

Kirill Gussev photo
Kirill Gussev Corporate Service Professional

How to get a Crypto License in the Cayman Islands?

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1. Register a company in the Cayman Islands
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2. Prepare the business
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3. Design AML/KYC policies compliant with the domestic AML law
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4. Apply for the VASP license to the CIMA
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5. If applicable, request a «sandbox license» for innovative fintech purposes
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6. Start your business

Top 5 Advantages - Cayman Islands Crypto License

  1. Tax Free
  2. Friendly jurisdiction regarding crypto and blockchain projects
  3. No minimum share capital requirements
  4. For cutting edge innovators: a sandbox license is available
  5. Easy to set-up and maintain: everything is done online

Suitable for:

  • Custody
  • Fiat to crypto
  • Crypto exchange
  • ICO
  • ITO
  • DeFi project

Sandbox License for out-of-the-box thinkers

  • If your project is groundbreaking and doesn't really fit any form of regulation so far, the Cayman Islands wants to hear about it
  • The Cayman regulator have set a sandbox license, allowing innovators and gamechangers to make their big idea come to life, while offering the trustworthiness of a regulated entity
  • The sandbox license is valid for 1 year


What are the minimum requirements to obtain Cayman Islands?

VASPs in the Cayman Islands are regulated by the Cayman Islands Monetary Authority (CIMA)
  • Incorporate a legal structure in the Cayman Islands
  • Implementation of Local Anti Money Laundry Policies
  • Local personnel
  • Basic business plan
  • One pager describing the exact services planned to be offered in the first few months
  • Certificate of an absence of criminal records issued for all participants that is no older than 3 months
  • No minimum share capital

Alternative to Cayman Islands crypto license

We have many requests to set-up companies in different countries and jurisdictions. Here are top picked alternative crypto licenses in the EU and other offshore crypto licenses. Its best to speak to a professional from our team to decide which crypto friendly jurisdiction makes most sense for you

Alternatives in EU Crypto licenses in 2024

Alternative Offshore Crypto licenses in 2024

A VASP regime exists in the BVIs. It's important to understand the benefits and downsides of it. An ideal token issuance vehicle. Often combined with FX licenses and according business models. Top pick for offshore crypto licenses if the budget is available.  

FAQ - Crypto license in Cayman Islands

Do I need to visit the Cayman Islands in order to start my crypto licensed business?
Is there any need for AML/KYC policies?
Are there any limitations on shareholders from certain countries?
Is it possible to purchase an existing regulated company to speed up the process?
Can you assist me in finding good business partners to fulfill the personnel requirements in the Cayman Islands?
Can you help me design the business plan of my crypto company in Cayman Islands?
Can I open a bank account for my crypto business in the Cayman Islands?

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