Estonia is a prime jurisdiction of choice for global crypto-related businesses (exchanges, wallets, ICO's) due to its well-defined legal framework on virtual currencies, developing e-government initiatives (e-Residency), qualified workforce and moderate ongoing costs of running business.
Due to the recent boom in cryptoassets capitalization and associated dramatic interest rise for cryptolicenses, companies with licenses are currently being sold for 25-40 thousand EUR with unknown associated legal risks and liabilities.
We offer an opportunity to obtain a virtual currency license through acquisition of ready-made company with 12,000 EUR paid-up capital and opened bank account (both being the pre-requisites for the license application). Our local team of professional legal professional with a proven track record (40+ licenses obtained since 2018), regulated as corporate and trust services provider (CTSP) by the Estonian Financial Intelligence Unit, will assist you in securing the license in 6-8 weeks.
What's included in our offering:
- Ready-made company with 12,000 EUR paid-up capital and Estonian bank account that has never traded;
- Legal address and contact person services for 1 year;
- Preparation of application for the virtual currency license tailored to your business model, including regulatory business plan, AML policies and procedures. License fee is included as well
- Submission of application to the Financial Intelligence Unit, consequent liaison and follow-ups;
- HR services for the local board member/AML officer (required for the obtainment of license;
- Set up of virtual office (with rent agreement) - monthly fees apply;
- Complete set of corporate documents translated to English, apostille and notarization, delivery via courier service
The procedure of license obtainment takes 6-8 weeks from the receipt of required documents from the client.
Potential buyer should be of good business reputation and with no previous criminal convictions.
Asking price is a flat, one-time fee of 18,000 EUR.
We would be able to assist you with opening of corporate accounts in crypto-friendly banks and EMIs, introductions to acquirers and verification of institutional accounts with largest cryptoexchanges.
Looking forward to fruitful cooperation!
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.