Crypto License in Montenegro

Crypto License in Montenegro banner
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9% tax
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on request
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on request

Pricing for registration of Montenegro crypto license

Popular
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 Montenegro - Free Consultation

Kirill Gussev photo
Kirill Gussev Corporate Service Professional

How to get a Crypto License in Montenegro?

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1. Register a company in Montenegro
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2. Rent an office space
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3. Design carefully a documentation explaining your business plan
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4. Submit an application for the regulatory sandbox to the Central Bank
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5. The Central Bank may ask for extra interviews, credentials and information
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6. Start your business

Top 5 Advantages - Montenegro Crypto License

  1. Potentially suits every kind of projects
  2. A fast growing European country, that may join the EU by 2025
  3. Very business friendly jurisdiction and regulator
  4. One of the lowest tax rate in the whole European Economic Area
  5. Easy and hassle-free process

Montenegro crypto license suitable for:

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

Requirements in Montenegro - what is needed?

Who regulates crypto companies in Montenegro?

The Central Bank of Montenegro provides crypto companies with a «regulatory sandbox»
  • Form a company in Montenegro
  • Local office space
  • Constant monitoring of changes to AML laws and requirements applying to the jurisdiction
  • Certificate of no criminal record from all participants (shareholders, directors, compliance officers), which is not older than 3 months
  • One pager describing the exact services planned to be offered in the first few months
  • Basic business plan
  • A technical solution for your online services

Alternative to Montenegro a 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 Montenegro

Are there any kind of residency requirements to operate my crypto company in Montenegro?
Can you help me design my business plan and application?
Can a legal entity become a shareholder?
Can I open a bank account for my crypto company in Montenegro?
Can I conduct my ICO or ITO in Montenegro?
Is it possible to purchase an existing regulated company to speed up the process?
Will I be provided a license number once I am regulated in Montenegro?

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