Our Team
Mardo Soo - CEO
As CEO of Consulting24, Mardo exemplifies the essence of crypto consultancy in a manner reminiscent of Steve Jobs' impact on technology. His role transcends the simple acquisition of clients, fostering enduring partnerships. Mardo's leadership mirrors Jobs' knack for unraveling intricate domains - particularly, the maze of cryptocurrency.
Lena Elvbakken - Founder
Lena, as co-founder and CEO of Consulting24, has become a beacon of guidance, expertly navigating innovators through the intricate processes of exchange and token initiations in crypto-friendly jurisdictions like Estonia, Lithuania, and Dubai. As a pivotal personality in the sphere of crypto consultancy, she distills the complexities of setting up a cryptocurrency exchange, thereby cementing Consulting24's influential role in the global crypto progression.
Our Client Base
Estonia, Lithuania, Dubai: An In-depth Study of Crypto Exchange Licensing."
In the cryptocurrency exchange realm, acquiring a crypto license is essential. However, the features of this key vary across different jurisdictions, each having its unique advantages and procedures:
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Estonia: Being a tech-forward country with a well-defined blueprint for crypto businesses, Estonia presents an attractive case. With an outstanding 0% corporate tax, it has embraced the digital transformation, making it a favored location for crypto enterprises.
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Lithuania: Distinguished by its balanced tax system and clear regulatory guidelines, Lithuania brings transparency to the licensing process. As an EU member, Lithuania also offers access to the expansive European market.
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Dubai: Owing to its strategic position and business-friendly climate, Dubai grants crypto licenses through its free zone authority. Its robust tech infrastructure and reputation as a global business hub make it a sought-after destination for crypto business.
The optimal choice for your crypto license requires a thorough comprehension of the regulatory environment, tax implications, and business infrastructure. This is where Consulting24 comes in:
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Consulting24: We offer bespoke advice, creating a pathway that suits your unique requirements and goals. Like the ideal key, we mold ourselves to fit your lock, assisting you in unlocking your successful crypto venture.
Estonia vs. Lithuania vs. Dubai: An Analysis of Crypto Licensing.
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 |
Delve further and discover more.
Why Consulting24?
Crypto Consultancy with Over 500 Licenses Accomplished
