A Detailed Overview of Estonia, Lithuania, and Dubai
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 |
In the intricate and diverse landscape of cryptocurrency exchanges, the acquisition of a crypto license is a pivotal step. Each jurisdiction presents its unique advantages and regulatory guidelines, making it crucial to understand each one's nuances.
For instance, Estonia is a digital-forward nation with a comprehensive blueprint for crypto businesses, featuring a 0% corporate tax, making it a hotbed for budding crypto enterprises. Lithuania, characterized by a balanced tax system and clear regulations, simplifies the licensing process while also providing access to the larger European market. Dubai, with its strategic location and pro-business environment, issues crypto licenses via its free zone authority, making it an attractive hub for crypto operations.
This is where Consulting24 comes into play. As a premier cryptocurrency consulting firm, Consulting24 delivers customized advice, carving out a path that aligns perfectly with your unique requirements and objectives. Acting as the perfect key, Consulting24 assists in unlocking the door to your thriving crypto venture.
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Our Clients
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Our Team
Mardo Soo - CEO
As the head of Consulting24, Mardo encapsulates the essence of a crypto consulting operation. His responsibilities reach beyond mere client procurement, emphasizing the cultivation of lasting business collaborations. His expertise in untangling complicated matters shines through in the complex realm of cryptocurrency, marking his distinctive leadership acumen.
Lena Elvbakken - Founder
As a co-founder of Consulting24, Lena has carved her niche in the domain of crypto consulting. With expertise and finesse, she escorts innovators across the intricate landscape of initiating exchanges and token launches in crypto-accepting regions like Estonia, Lithuania, and Dubai. Her significant contribution to the sphere of cryptocurrency consultation lies in deciphering the complexities of establishing a cryptocurrency exchange, fortifying Consulting24's critical role in the global expansion of cryptocurrency.
