Lithuania offers a friendly and regulated legal environment for virtual asset service provider (VASP) companies, with clear regulations in place since January 2020. Our on-site Web3 specialised lawyers and crypto AML compliance professionals provide structured services for licensing and on-going AML compliance solutions (e.g. MLRO and CO outsourcing) support.
Vilnius, the capital of Lithuania, is a well known fintech capital in Europe with its forward looking VASP regulations. In comparison to its neighbouring licensing destination Estonia, Lithuanian regulations can be viewed as more flexible in terms of the setup and entry to market speed, while also having lower on-going operational costs. The setup can completed remotely, without travel. Our extensive experience since the birth of the European Union crypto legislation can be at your service if you like to work with professionals.