top of page


Over 500 license completed in Estonia and Lithuania by Consulting24

Image showing cryptocurrency government regulation and Cardano coin logo

Our Clients

Our Advisory Projects

Image showing cryptocurrency government regulation

Register for 30 min free consultation

Decorative image: Question marks representing testimonials.

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. 

Decorative image: Question marks representing testimonials.

- Ingrida Laukiene, Founder of DiamondBack Group

Cryptocurrency Legal Country: Pioneering Regulations in Lithuania, Estonia, and Dubai

In the unfolding chapter of digital finance, a pertinent query that often arises is: Which is the leading cryptocurrency legal country? The rapid ascent of cryptocurrencies has prompted nations worldwide to reevaluate and reshape their regulatory landscapes. Lithuania, Estonia, and Dubai are the torchbearers in this domain, each presenting a unique amalgamation of innovation and prudence.

Image showing cryptocurrency government regulation and 100usd dollars money, bitcoin logo


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.


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.


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

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€
May be required by VARA
Not required
Monthly and yearly are needed
Can be virtual
AML (Anti-Money Laundry Officer)
Can be any nationality
Local needed
Local needed
AML monthly salary
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
25% now, 75% within a year.
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

Consulting24 Team

Mardo Soo, the CEO of Consulting24, CEO of leading cryptocurrency government regulation consultancy

Mardo Soo


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.

  • Mardo Soo LinkedIn,
Lena Elvbakken, the Founder of Consulting24, founder of leading cryptocurrency government regulation consultancy

Lena Elvbakken


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.

  • Lena Elvbakken LinkedIn,
Contact US
bottom of page