About Us
The regulatory landscape for crypto is still evolving, and it can be difficult to keep up with the latest developments. At Panda Chat, we stay up-to-date with the latest crypto regulations and provide you with insights on how they may impact your investments. We will also help you understand the potential risks and benefits of crypto regulation and how it may affect the future of the industry.
If you're interested in our crypto consulting service or have any questions about crypto regulation, feel free to ask. We are here to help you navigate the crypto market with confidence and make informed decisions.
The Key to Success
10+
Year of Experience
12
Strategic Partners
500+
Happy Clients
Lithuania
Lithuania, as a part of the European Union, has emerged as a cryptocurrency legal country that marries progress with caution. Their calibrated tax approach stands out, where businesses earning above 300k EUR are levied a 15% tax, whereas those below this threshold enjoy a mere 5% rate. It's an enticing proposition for both budding and established crypto enterprises. Moreover, Lithuania’s clarity on the non-application of Value Added Tax (VAT) for cryptocurrencies is a testament to its forward-thinking stance.
Estonia
When discussing a cryptocurrency legal country in the European landscape, Estonia inevitably comes to the fore. Renowned for its digital innovations, Estonia extends its tech-savviness to the realm of cryptocurrencies. The country promotes a pro-business environment with its 0% corporate tax on reinvested profits. Like Lithuania, Estonia offers clarity on VAT, declaring cryptocurrencies exempt. It's these nuances that make Estonia a magnet for crypto-entrepreneurs.
Dubai
Moving our lens beyond Europe, Dubai is sculpting its legacy as a premier cryptocurrency legal country. With a vast array of regulatory licenses, Dubai offers blockchain and cryptocurrency ventures a tailored framework to thrive. Additionally, its tax regime is unparalleled. From dividends to capital gains, the 0% tax policy is an irresistible allure for global crypto investors. Complementing this is the UAE’s broader stance of no personal income tax, further fortifying Dubai’s position in the crypto echelons.
Lithuania vs Estonia vs Dubai: A Comparative Analysis of Crypto Regulations
Feature | Dubai | Lithuania | Estonia |
|---|---|---|---|
Cost | 20 000€ | 20 000€ | 25 000€ |
License Type & Government fee | 1. 9,700€ - Advisory Services & VA Transfer and Settlement Services | 1. Cryptocurrency exchange license
2. Crypto wallet and custodian services license
| 1. Cryptocurrency exchange license
2. Crypto wallet and custodian services license
|
2. 24,250€ - Broker-Dealer, Custody, Exchange, Lending and Borrowing & VA Management and Investment Services | No additional fee | 10 000€ | |
Audit | May be required by VARA | Not required | Monthly and yearly are needed |
Office | Required | Can be virtual | Required |
AML (Anti-Money Laundry Officer) | Can be any nationality | Local needed | Local needed |
AML monthly salary | 5000€ | Starting from 1200€ | Starting from 2000€ |
Local director | Can be any nationality | Can be any nationality | Can be of any nationality, but have to live in Estonia |
Share capital terms | Immidiately | 25% now, 75% within a year.
| Immediately |
Required share capital | 24,250€ (Advisory Services) - 194,000€ (Exchange Services)
| 125 000€ | 100 000€ - Crypto wallet and custodian services license.
250000€ - Cryptocurrency exchange license |
I had an honor to work with Lena for last few years and I would highly recomend her to all who would need her services. It’s been a pleasure and very easy work and communication. Good kind & reliable person. True professional who provides professional services and timely response to all inquiries. Follows up with all updates and makes sure u are in the best standing u can be with your business by making sure that u are educated of what’s new and compliant.
- Ingrida Laukiene, Founder of DiamondBack Group
Our Clients
Consulting24 Team
Mardo Soo
CEO
At Consulting24, Mardo's expertise in blockchain consulting, token issuance, launch, and listing strategy is unparalleled. He excels not just in client acquisition but in building enduring business ties, marking him as a key influencer in the crypto realm.
Lena Elvbakken
Founder
Lena, Consulting24's co-founder, is a recognized expert in regulation crypto. With deep insights, she guides innovators through exchange setups and token introductions, especially in Estonia and Lithuania. Her pivotal role streamlines crypto exchange initiation, bolstering Consulting24's prominence in the crypto world.