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Crypto License in Malaysia

Top 5 Advantages - Malaysia Crypto License

  1. High-level license for ambitious projects in Asia
  2. Jurisidiction recognized as a growing authority in the FinTech environment
  3. Clear and transparent process, conducted straightforward
  4. Lighter compliance framework than most other crypto exchange jurisdictions
  5. As of 2021, the competition is scarce in Malaysia (only 3 registered exchanges)
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 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
Bank account
Price
How to get a Crypto License in Malaysia?
Registration of a legal entity in Malaysia, either a company or an LLP1.
Establish your business model including operational management and risk management policies2.
Appoint the necessary personnel (key representatives and responsible person)3.
Open a bank account and deposit the share capital4.
Fill the application form (note: it must includes all of the company details, financial information and business plans and facts)5.
Start your business6.

Suitable for:

  • Custody
  • Fiat to crypto
  • Crypto exchange

Requirements

What are the minimum requirements to obtain Malaysia?

The Malaysian SC (Securities Commission) registers and monitors the DAX companies.

  • A legal entity in Malaysia
  • Internal risk management guidelines and internal control policies
  • An office space rented (or bought) in Malaysia
  • Local personnel that receives an official salary
  • Implementation of Local Anti Money Laundry Policies
  • Certificate of an absence of criminal records issued for all participants that is no older than 3 months
  • A significant share capital

Known companies in Malaysia

Luno
Luno

Sinegy
Sinegy

Tokenize Malaysia
Tokenize Malaysia

FAQ