Crypto License in Singapore

17% tax

on request

Pricing for registration of Singapore crypto license

Popular

Basic Package

Turnkey company formation, including VASP registration. Start now!

on request Initial set up

no maintenance Maintenance per month

Custom Package

Full turnkey crypto company formation and support in all necessary aspects

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
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

Kirill Gussev Corporate Service Professional

Phone: +442045770974

Email: hello@legalbison.com

1. Register your company in Singapore

2. Hire the necesary personnel - at least an executive director in Singapore

3. Prepare your business plan

4. Prepare your AML-CFT KYC policies & process

5. For the Major license, get an agreement with a bank to be the safeguarding institution to guarantee customers

6. File an application - including documents to provide and interviews to pass

High-level license for worldwide and mass-market projects
Especially suitable for payment services
Strong jurisdiction with a prestigious reputation on the financial and FinTech spheres
Create a payment institution and issue fiat accounts and payments cards
A framework trusted by all the biggest exchanges (Coinbase, Binance, etc)

If the total value of all accepted, processed or executed transactions is less than a certain threshold per year, you shall be granted a Standard Payment Institution License
Else, you will be granted a Major Payment Institution License
The Major license implies that your bank will guarantee the liquidity of your company

The Money Authority of Singapore (MAS) licenses and monitors the crypto Payment Institutions

Form a company in Singapore
Local personnel to administrate the company in Singapore
An extensive business plan and/or a white paper
Professionally prepared documents describing internal risk policies according to local AML laws
Internal monitoring guidelines of customer data and transactions
Extensive background check of all participants, including a certificate of non criminal record, a review of the resume and possible interviews
A significant share capital