What People Say
Ingrida Laukiene, Founder at DiamondBack Group
" 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. "
Ty Phillips, CEO & Founder at CCVAULT OÜ
" My experience working with Lena Elvbakken has been rewarding...Not only did Lena meet all my expectations, but went the extra mile to ensure that I I aquired my Crypto Licenses...Thanks Lena for your great efforts and timely communication.👍 "
Joha, J. Sulaymonov, Founder & Project Lead at Bictory Finance
" Punctual and reliable are the phrases that come to mind when I think about Lena and her Cunsulting24 Agency. I’ve had the pleasure of working with her. Above all, I was impressed with Lena’s ability to connect with people easily and her effective working style. Lena would be a true asset in Consulting24, her expertise and wisdom comes with my heartfelt recommendation. "
Explore Crypto Regulations: Estonia, Lithuania, and Dubai
License type and government fee
10,000€ 1. Cryptocurrency exchange license 2. Crypto wallet and custodian services license
1. 9,700€ - Advisory Services & VA Transfer and Settlement Services
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
Required share capital
250,000€ - Cryptocurrency exchange license 100,000€ - Crypto wallet and custodian services license.
24,250€ (Advisory Services) - 194,000€ (Exchange Services)
Share capital payment
25% to start (31,250€), 75% within a year.
50% of Government fee
20,000€ - 50,000€
Both monthly and yearly audits are necessary
VARA may mandate its need
AML (Anti-Money Laundry Officer)
Can be any nationality
AML monthly salary
Starting price point: €1,200
Starting price point: €5,000
Starting price point: €1,200
Open to all nationalities, but living in Estonia is required.
Embarking on the journey through the complex world of cryptocurrency exchanges, obtaining a crypto license is a pivotal achievement. The importance of comprehending the regulatory protocols and perks of each jurisdiction cannot be understated.
Consider Estonia, a nation at the forefront of digital advancement with a comprehensive cryptocurrency regulation framework, that attracts entrepreneurs with a lucrative 0% corporate tax rate. Contrastingly, Lithuania, with its balanced tax regime and clear-cut rules, simplifies the licensing process and provides a pathway to the extensive European market. Then there's Dubai, recognized for its strategic location and conducive business environment, which issues crypto licenses via its free zone authority, rendering it an appealing hub for crypto ventures.
This is precisely where Consulting24 enters the picture. As a top-notch firm in the cryptocurrency consulting space, Consulting24 offers bespoke guidance, plotting a strategy that perfectly aligns with your unique aspirations and goals. Functioning as a master key, Consulting24 helps to unlock the doors to your thriving crypto venture.
Delving into the nuances of the latest industry regulations? Our comprehensive guide on the "new crypto rules" offers in-depth insights and clarifications. For those eager to further their understanding, dive deeper here.
Leading the Charge in Expert Crypto Consulting
Consulting24: Leaders in Crypto Regulation, Celebrating Over 500 Successful License Securings.
Mardo Soo - CEO
At the forefront of Consulting24, Mardo exemplifies the essence of an expert in crypto consulting. His responsibilities extend beyond mere client acquisition; he places great emphasis on fostering long-lasting business partnerships. His skill in untangling complex matters stands out in the intricate sphere of cryptocurrency, underscoring his remarkable leadership capabilities.
Lena Elvbakken - Founder
As the co-founder of Consulting24, Lena has etched an exceptional presence in the realm of crypto regulation consulting. Steering innovators with skill and sophistication, she assists them through the labyrinth of initiating exchanges and token launches in crypto-receptive areas such as Estonia, Lithuania, and Dubai. Her crucial contributions in demystifying the complexities of establishing a cryptocurrency exchange accentuate Consulting24's pivotal role in the global proliferation of cryptocurrency.