Our specialized team of onsite Estonian lawyers supports with end-to-end setup of blockchain and crypto company structures. We have obtained hundreds of Estonian crypto exchange and wallet licenses for our clients and we provide a full range of compliance services (e.g. local resident AML officer support). Our experience in working with a myriad of licensing projects since the birth of crypto focused legislation can be at your disposal if you like to work with professionals. Contact us for a free case evaluation »
Blockchain & Crypto
Crypto License and Compliance in Estonia
Why Choose Estonia for your Crypto Exchange or Wallet License?
Estonia has a clear and favourable legal and tax environment for crypto exchange and crypto wallet services provider companies (e.g. 0% corporate income tax). This small European Union country of just 1.3m people is regarded as one of the world’s most advanced digital nations, it is a widely recognised alternative to jurisdictions like Malta, Gibraltar or Switzerland, only with lower costs and simpler administration.
The Estonian crypto license covers activities for crypto exchange and crypto wallet services. The crypto license is issued by the Estonian Financial Intelligence Unit (FIU), the current application processing state fee is €3300. The timeframe for new applications processing varies from 60-120 days, but it is possible to save time by buying an already licensed company. Our legal team assists in applying for the crypto license in Estonia for providing crypto exchange and/or wallet services by preparing all required legal compliance documentation and managing the process on your behalf. The covered activities for the Estonian crypto license are as follows:
Providers of a service of exchanging a virtual (crypto) currency against a fiat currency
Official activity license covering services for exchanging fiat to crypto and crypto to fiat and crypto to crypto. When offering such transactions as a service for commission, it becomes an exchange service.
Providers of a virtual (crypto) currency wallet service
The virtual currency wallet service means a service in the framework of which keys are generated for customers or customers’ encrypted keys are kept, which can be used for the purpose of keeping, storing and transferring virtual currencies.
Contact us for more information
We will provide a step by step overview with detailed timeframes and cost break-down after gathering the preliminary project information. Our track-record in setting up crypto licensed companies for our clients is 100% as we follow a thorough checklist to confirm that all legal requirements are met. Please contact our legal department through the contact form below and we will get back to you with further information shortly.
Our head office is located in Tallinn, Estonia. Please schedule an appointment beforehand to be connected with our crypto projects manager.
Call our head office at +3184.108.40.206
E-mail us at email@example.com
Tornimäe 5, 10145 Tallinn, Estonia