Crypto License in Cyprus

Crypto License in Cyprus banner
Banner 1
12,5% tax
Banner 2
from 3 months
Banner 3
from 10k EUR

Pricing for registration of Cyprus crypto license

Basic Package

Turnkey company formation, including VASP registration. Start now!

from 10k EUR 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 Cyprus - Free Consultation

Kirill Gussev photo
Kirill Gussev Corporate Service Professional

How to get a Crypto License in Cyprus?

Step icon
1. Register a company in Cyprus
Step icon
2. Open an account and deposit the share capital
Step icon
3. Contract a professional indemnity insurance
Step icon
4. Design the corporate structure and the business plan in details
Step icon
5. Present and assess participants (background check, questionnaires)
Step icon
6. Fill the application form with all the necessary annexes

Top 5 Advantages - Cyprus Crypto License

  1. High-level license for all financial services and FinTechs
  2. Wide range of financial instruments including crypto derivatives
  3. The #1 jurisdiction for B2C brokerage and trading companies
  4. Clear, proven and trusted framework: hundreds of licensees for various investment services
  5. Low taxation, 0% withholding tax

Crypto License in Cyprus - what is possible?

There are several licenses in Cyprus one could use to create a crypto business. Depending on what the exact business model is, one may choose between the bigger and smaller licenses. They grant different rights and go along with different levels of requirements. The following type of projects are possible within the bigger framework of the Cyprus Crypto Currency License:
  • Custody
  • Fiat to crypto
  • Crypto exchange
  • ICO
  • ITO
  • DeFi projects
  • Crypto Investment Fund
In case you would like to run a crypto investment fund and invest your clients' funds - speak to our professionals, as there is a solution for this we may be able to offer you.

Requirements in Cyprus - what is needed?

Who regulates crypto companies in Cyprus?

Crypto business is regulated and overlooked by the Cyprus Securities Exchange Commission (CySEC), which regulates Investment Funds. There are basic minimum requirements to fulfill in order to apply for a Crypto Investment Fund in Cyprus. Our experienced professionals are able to help with all requirements for you to focus on the actual business:
  • Form a company in Cyprus
  • Contract a financial insurance for your clients' funds
  • Local substance: an office space with domestic employees
  • A detailed business plan including charts, schemes and forecasts
  • Certificate of no criminal record from all participants (shareholders, directors, compliance officers), which is not older than 3 months
  • A significant share capital
  • Constant monitoring of changes to AML laws and requirements applying to the jurisdiction

Alternative to Cyprus 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 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 for 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. Similar to the BVIs the Cayman Islands initiated a VASP regime. We strongly advise our clients to get a consultation and assessment if their business model falls under the Cayman Islands VASP regime. Often combined with FX licenses and according business models. Top pick for offshore crypto licenses if the budget is available.

FAQ - Crypto license in Cyprus

Do I need to relocate to Cyprus to start my crypto company?
Does the crypto licenses in Cyprus grant the company the right to offer other crypto services, such as derivatives?
Can you help me design the business plan of my crypto company in Cyprus?
Do you have experience obtaining bank accounts for Cyprus crypto companies?
Are there any limitations on shareholders from certain countries?

Other Services

Crypto License in Estonia image
Crypto License in Estonia 3.300 €
  • 0% Corporate Income Tax
  • Cheap and fast process
  • No travel needed
More info
Forex License in Vanuatu image
Forex License in Vanuatu on request
  • 0% tax
  • Perfect to begin with
  • Easy process
More info
EMI License in Lithuania image
EMI License in Lithuania on request
  • 15% Tax
  • Fast Execution
  • Simple Process
More info
Gambling License in Curacao image
Gambling License in Curacao on request
  • 2% tax
  • Fast Execution
  • Simple Process
More info
Gambling License in Malta image
Gambling License in Malta on request
  • 5% tax
  • Prestigious license
  • For all type of games
More info
We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By staying on our website, you consent to our use of cookies and our privacy policy. Visit our privacy policy for more info.