Crypto License in the BVIs

0% Taxes

from 1 week

on request

Pricing for registration of BVI 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

Popular

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 BVI - Free Consultation

Kirill Gussev Corporate Service Professional

Phone: +442045770974

Email: hello@legalbison.com

How to get a Crypto License in the British Virgin Islands?

1. Register a business company in the British Virgin Islands

2. Prepare the business plan

3. Rent a physical office space

4. Hire a Money Laundering Reporting Officer

5. If applicable: reach out to the FSA for agreement

6. Start your business

Top 5 Advantages - British Virgin Islands Crypto License

Tax Free
Crypto-enthusiast jurisdiction
No licensing process and fees
No minimum share capital
Set-up a quick regulated company for DeFi projects or coin issuance

Suitable for:

Custody
Fiat to crypto
Crypto exchange
ICO
ITO
DeFi project

FSA Agreements for exchanges and money transfer services

An agreement by the Financial Services Commission is required to issue security tokens and run any kind of exchange as the SIBA law will be applied (Securities & Investment Business Act)
For money transmittance and remittance services, the FMSA law applies (Financing and Money Services Act)
Innovative fintechs can «bypass» these agreements by applying to the regulatory sandbox, that will allow them to operate without agreements but with monitoring from the FSC

Requirements

What are the minimum requirements to obtain British Virgin Islands?

A Business Company in the BVI doing crypto-business is monitored by the Financial Services Commission (FSC).

A legal entity in British Virgin Islands
Local office space
Local personnel that receives an official salary
Basic business plan
One pager describing the exact services planned to be offered in the first few months
Certificate of no criminal record from all participants (shareholders, directors, compliance officers), which is not older than 3 months
No minimum share capital

Alternative to BVI 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

Crypto license in the Cayman Islands

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.