Crypto License in Lithuania
Top 5 Advantages - Lithuania Crypto License
- Lightest framework in Europe
- Most cost effective license in Europe
- Recognized for its financial institutions
- Can be set and operated remotely
- Crypto-friendly jurisdiction
Packages to choose from:
We prepare all documents and apply properly for the crypto license. This is a one-time fee, there are no recurring fees
We do the whole registration process, including the preparation of all needed documents, communication with state authorities and notaries
You do not need to visit this jurisdiction personally to incorporate - this will save time and money
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
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 your 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
How to get a Crypto License in Lithuania?
Registration of Limited Liability Company (UAB) in Lithuania1.
Preparation of the AML-CFT, KYC policies + systems2.
Appointment of an AML officer for reporting to the Financial Crime Unit3.
Registration at the Financial Crime Investigation Service4.
Discussion and adjustments for authorization5.
(optional) Corporate account opening6.
- Fiat to crypto
- Crypto exchange
- Innovative blockchain ideas
Requirements in Lithuania - what is needed?
Who regulates crypto companies in Lithuania?
The Financial Crime Investigation Service (FNTT) monitors crypto companies in Lithuania
- A company registered in Lithuania
- Minimum share capital 2.500 EUR
- Extensive background check of all participants, including a certificate of non criminal record, a review of the resume and possible interviews
- A specific set of required internal risk policies according to local AML laws
- Internal risk management guidelines and internal control policies
- Enforcing KYC on your crypto services
- Create (or have created) the technical instructure of your business
Known companies in Lithuania
EMI License in Lithuania
- 15% Tax
- Fast Execution
- Simple Process
Crypto License in the SVGs
- 0% Taxes
- Fast incorporation
- Minimal compliance
Forex License in Vanuatu
- 0% tax
- Perfect to begin with
- Easy process
Gambling License in Curacao
- 2% tax
- Fast Execution
- Simple Process
Gambling License in Malta
- 5% tax
- Prestigious license
- For all type of games