CRYPTOCURRENCY COMPANY REGISTRATION IN ESTONIA

Company registration 2000€

Authorised contact person 500€ 

Virtual Currency Service Provide License

10 000€

Office 500€/month

Local director recruitment 2000€

Total 15 000€

OVER 150 LICENSES ISSUED

Heaven Invest OÜ operation license  FIU000276

  • Business and other management consultancy activities

 

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WHAT IT IS TO DO BUSINESS IN ESTONIA

 

CRYPTO LICENSES

 

 

 

 

Companies that deal with digital currencies can apply for Virtual Currency Service Provider license:

1) It allows providing virtual currency (hot and cold) wallet service in the framework of which the company generates keys for Clients or keeps Clients’ encrypted keys, which can be used for the purpose of keeping, storing and transferring virtual currencies;

 

2) It allows exchanging fiat to crypto and crypto to fiat;

 

3) It allows exchanging crypto to crypto;

The licenses is issued by the Estonian Financial Intelligence Unit (FIU).

 

The company is qualified as a Financial Institution but has no special reporting requirements to tax authorities. The accounting must be done like for any other company. No special reporting to the regulator is needed, but FIU can always make precepts and inquiries about the company’s activities. You may find Financial Intelligence Unit’s advisory guidelines here.

 

Required documents:

 

  1. Certificate of the register of convictions (a.k.a. criminal record) for all related persons (shareholders, board members, ultimate beneficiary owners and responsible person). A criminal record has to be original, apostilled and submitted to Estonia to our office.

  2. Passport copies of all above-mentioned persons
     

  3. Local director/AML officer;
     

  4. Proof of the impeccable reputation of the AML Compliance Officer;
     

  5. Office in Tallinn;
     

  6. A bank account/PSP account in an EEA country  which is providing cross-border services in Estonia or which provider has established a branch in Estonia;

In some cases officials have the right to ask for additional information:

 

  1. CV-s of related persons

  2. Description of planned activities

COMPANIES FOR SALE

E-RESIDENCY

 

 

E-Residency, powered by the Republic of Estonia, is a concept of a digital nation for global citizens with a host of attendant benefits. A Government of Estonia issued digital ID is made available to anyone in the world. It gives the recipients of the ID the freedom to start and manage a global business in a trusted EU environment.

 

The entire registration process of the business can be made online, and documents and contracts can be signed digitally. Business banking and online payment providers can be accessed to accept payments from clients worldwide.  

 

We will help you to become e-resident. 

RELOCATION ANALYSIS

 

 

Are you thinking of relocation to Estonia or setting up an office in Tallinn?

We can make a full report that will give you the full cost of business relocation to Estonia.

 

Relocation Cost Analysis:


*Workforce permits for existing employees//family
members

*Bets
*Salary analysis within the industry
*Accommodation
*Office space
*Business set-up, licensing
*Tax audit
*Banking account set-up
*Authorised Contact person
*Legal Support
*HR support
*Relocation Support Team

 

 

 

 

 

BANKING ACCOUNT

 

 

 

UK - PSP

Supported fiat currencies: EUR, GBP

Supported cryptocurrencies: btc, eth, ltc, eurs and usdt.

Fees: 30EUR per deposit

Kyc and opening time 30-60days

Estonian crypto licenses accepted

Service cost 1200EUR.

Lithuania - PSP

Supported fiat: EUR

Send SEPA - free

Receive SEPA - free

Monthly account fee - 10€

KYC and opening time 30days
Estonian crypto licenses accepted

Service cost 1200EUR

UK- PSP

Supports GBP, EUR, USD

Monthly fee

1mln - 100GBP 

2mln - 200GBP + 1 time fee 400GBP

5mln - 350GBP + 1 time fee 450GBP

10mln - 500GBP + 1 time fee 520GBP

100mln - 1250GBP + 1 time fee 650GBP

1bln- 3000GBP + 1 time fee 800GBP

High risk costumers x2 fees

 

EUR - Withdrawal SEPA - 2eur

EUR - Deposit SEPA - free

GBP- deposit (fps) - free

GBP - withdrawal (fps) - 2.5GBP

 

Crypto to fiat 0,5% - Kraken rate

Consulting fee 1500€

Service cost 2000EUR

PRICES

 
 

 

 

CRYPTOCURRENCY COMPANY REGISTRATION

Company registration

€ 2 000

Authorized contact person 

€ 500

Virtual currency service provider license

€ 10 000

Office ( 2000€- 3 months, 3,500€ - 6 months, 6,000€- year)

Office equipment 1500€

AML officer 200-1200€ monthly 

Total set-up fee

€ 16 000

01

 

 

 

 

 

 

 

ANNUAL FEES - PAYABLE UPON ENGAGEMENT

 

Authorised contact person 

€ 250

Company address

€ 250

Total annual fees

€ 500

 

 

02

 

 

PROCESS AND TIMELINE

 

1. Company registration (private limited company, LTD, in Estonian - OÜ) with a paid share capital of minimum 12 000;

At this stage, Is needed name, address, e-mail address, phone number, passport copy.

The registration process takes up to 48h.

2. Apply for license:

The virtual currency service provider license covers:

1. Virtual wallet service. 

It allows providing hot and cold virtual currency wallet service, generating or storing users keys for the purpose of keeping, storing and transferring virtual currencies;

 

2. Exchanging virtual currency against fiat currency. Licenses allow fiat to crypto, crypto to fiat transactions;

3. Exchanging virtual currency against the virtual currency. Licenses allow crypto to crypto transactions.

At this stage I would need police clearance certificate ( according to the passport), in English, notarized and verified by apostille;

Project ´s website address (if any), your CV, country of birth.

3. Company shares transfer via Power of Attorney.

03

 
 
 
 

TEAM

Sirje Soo

  • CEO

"Technology is a passion of mine and I enjoy nothing more than learning the trends that technology is taking in order to work more efficiently and see progress and success."

Lena Elvbakken

  • Founder

"We aim to provide 

quick and efficient business set-up, with a ... smile"

 

CONTACT US

We Are Here

Rävala puiestee 19, Tallinn, 1043, Estonia

Email :  hello@companyregistration.tech

Phone :    +372 5815 5779

​© 2018 Companyregistration.tech I Service provider of trust funds and companies I Operating license nr. FIU000276