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Crypto License in the Philippines

Top 5 Advantages - Philippines Crypto License

  1. A fast-growing jurisdiction with an appetite for FinTech developments
  2. Gain trust and market yourself as a regulated crypto business
  3. Become an Electronic Money Issuer: provide your clients with fiat accounts and payment cards
  4. Proven framework with one of the highest number of licensees in Asia
  5. Especially suitable for payment services
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 Philippines?
Register a company in the Philippines1.
Prepare a business plan and your corporate structure2.
Redact an application letter3.
Upon confirmation of eligibility of your project, provide the necessary documents (company documents, financial statements, personal background, etc)4.
Receive Notice of Approval and pay the registration fee5.
Receive the Certificate of Registration and start your business6.

Suitable for:

  • Custody
  • Fiat to crypto
  • Crypto exchange

Six categories of crypto companies in the Philippines

  1. Remittance agent (large or small)
  2. Electronic Money Issuer
  3. Remittance Platform Provider
  4. Money changer (crypto exchange - large or small)

Requirements

What are the minimum requirements to obtain Philippines?

The Monetary Board of the Philippines' Central Bank provides the certificate to deliver virtual asset services

  • A company registered in Philippines
  • A detailed business plan including charts, schemes and forecasts
  • Local substance: an office space with domestic employees
  • A specific set of required internal risk policies according to local AML laws
  • Description of services offered to customers within the first 3-9 months after granting of license
  • Certificate of no criminal record from all participants (shareholders, directors, compliance officers), which is not older than 3 months
  • A raised share capital

Known companies in Philippines

PDAX
PDAX

Coins.ph
Coins.ph

JuanCash
JuanCash

FAQ