VIRTUAL CURRENCY LICENSE ESTONIA
Estonia has clear and transparent legislation on different licences. Currently, the most required license in Estonia is related to cryptocurrency activities.
The application for the license mentioned above is done via a company registered in Estonia or through a registered branch office of a foreign company in Estonia.
We assist our clients with establishing the company with the suitable method of incorporation stated above, which is followed by a licence or a licence application to the FIU. We will draft the necessary documentation for the license, which the client can implement and follow after the license is granted. Additionally we will set up accounting, assist with recruitment, contracting, finding an office and everything essential for a successful application and future business operations.
For further information and enquiry, please send your request via our contact form and we will provide you with a tailor-made solution based on your needs.
The operating licences are issued by the Estonian Financial Intelligence Unit (FIU), which is an independent unit of the Estonian Police and Border Guard Board. The company is qualified as a Financial Institution, while having no special reporting requirements to tax authorities. Accounting is conducted similarly to any other company. No additional reporting to the regulator is required, but the FIU may conduct inquiries about the company’s operations.