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Crypto License in Canada

Top 5 Advantages - Canada Crypto License

  1. Very reputable jurisdiction
  2. Gain trust and market yourself as a regulated crypto business
  3. Works in combination with other licenses in Canada, allowing cross-license projects
  4. A highly regarded solution for crypto investment companies
  5. North America is opening up to the blockchain technology
Packages to choose from:
Services
SmallMediumLarge
We prepare all documents and apply properly for the crypto license. This is a one-time fee, there are no recurring fees
Cryptocurrency License
We do the whole registration process, including the preparation of all needed documents, communication with state authorities and notaries
Incorporation
You do not need to visit this jurisdiction personally to incorporate - this will save time and money
Remote incorporation
You receive from us a legal address for your company, thus, no need to rent/buy a physical office
Legal address for 1 year
We act as the contact person between you and the authorities, who speaks the language and communicates with the license issuer
Contact person in the country
You grant us a power of attorney to carry out administrative work for you in the jurisdiction with different powers and terms of validity
Long-term POA
We assist you with drafts, templates and concrete examples of how to best prepare the documentation and obtain the according crypto license
Assistance in preparing all documents
We help you to review your business plan, or give you a template of a detailed business plan including charts, schemes and forecasts which you will need to adjust according to your business model
Assistance in preparing the business plan
We assist you in developing the right KYC processes and to implement the right AML-CFT procedures
Assistance in preparing compliance policies
We assist you search for office/warehouse/apartments and sign a rental/purchase agreement
Assistance in finding a suitable office
We assist you in the whole HR process: formulating requirements, advertising job, analyzing suiting candidates, coming to a written agreement
Assistance in employment of resident personnel
We provide you with the complete accounting needed for this jurisdiction, including monthly and yearly statements
Accounting for 1 year
Authenticates the seals and signatures of your official company documents stating the rights and obligations of the entity's members or stakeholders of the company of any form of ownership in accordance with the laws of the jurisdiction
Apostille of documents
A specific amount of hours of legal support by local legal professionals you may use on demand
Additional legal support
We assist you to proprely answer and open a corporate account that suits your business model
Bank account
Price
How to get a Crypto License in Canada?
Register a company in Canada1.
Apply for a business designation in the Canadian Passport system2.
Apply to the Securities Commission of the province of registation3.
Apply to FINTRAC for reporting policies4.
Apply to IIROC for business authorization5.
Start your business6.

Suitable for:

  • Custody
  • Fiat to crypto
  • Crypto exchange

Dealer Platform and Marketplace Platform

  • If your business model needs you to act as the counterpart in your clients transaction, your company is a Marketplace Platform
  • If your exchange is only peer-to-peer, it is a Dealer Platform
  • It doesn't make a difference for registration, but does for operation

Requirements

What are the minimum requirements to obtain Canada?

A Canadian CTP is regulated by its registration province's financial authority.

  • Professionally prepared documents describing internal risk policies according to local AML laws
  • Internal monitoring guidelines of customer data and transactions
  • Being in the loop of fundamental changes to legal requirements
  • A detailed business plan including charts, schemes and forecasts
  • Corporate Chart of participants, third parties including their duties and liabilities
  • Extensive background check of all participants, including a certificate of non criminal record, a review of the resume and possible interviews
  • Minimum share capital

Known companies in Canada

WealthSimple
WealthSimple

FAQ