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Explore which cryptocurrency legal country aligns with your goals.

Consulting24: 500+ licenses in Estonia & Lithuania!

Navigating Crypto Tax Regulations: A Guide by Consulting24

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For those aspiring to make their mark in the digital currency sector, understanding the cryptocurrency legal country landscape, particularly focusing on Lithuania, Estonia, and Dubai, is crucial. These regions provide a unique tapestry of regulatory guidelines and growth opportunities:

🔹 Lithuania:

  • Expedited crypto licensing: A beacon to the expansive European territory.

  • Monetary commitments: 125,000€ overall; Immediate 31,250€ (25%) with the balance spread over a year.

  • Flexibility in operations: Virtual office setups and global directorships encouraged.

  • Regulatory ease: Absence of compulsory audits; but, an AML officer's presence remains critical.

  • Quick turnaround: Licensing finalized within a span of 30-60 days.

🔹 Estonia:

  • Financial incentives: A lucrative 0% corporate tax; no obligatory dividend distributions.

  • License-related costs: Fixed at 10,000€.

  • Regulatory pillars: Presence of a local AML agent and a director is non-negotiable.

  • Monitoring mechanisms: Regular audits are a must.

  • For crypto exchange ventures: A substantial 250,000€ capital is mandatory.

🔹 Dubai:

  • Global financial magnet: Perfectly tailored for large-scale crypto endeavors.

  • Tax reliefs: Zero tax implications on crypto dealings and earnings.

  • Licensing costs: Ranges between 9,700€ and 24,250€; supervisory fee is 50% of the main license amount.

  • Catering to premium initiatives: Given the involved costs.

  • Capital stipulation: A robust 194,000€ is essential for crypto exchange setups.

To wrap up, diving deep into the cryptocurrency legal country specifics of Lithuania, Estonia, and Dubai can offer a robust foundation for a flourishing crypto enterprise. Tailoring one's strategy to these regions promises a rewarding outcome.

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Exploring Cryptocurrency Legal Country Norms: Lithuania, Estonia, and Dubai.

20 000€
25 000€
20 000€
License Type & Government fee
1. Cryptocurrency exchange license 2. Crypto wallet and custodian services license
1. Cryptocurrency exchange license 2. Crypto wallet and custodian services license
1. 9,700€ - Advisory Services & VA Transfer and Settlement Services
No additional fee
10 000€
2. 24,250€ - Broker-Dealer, Custody, Exchange, Lending and Borrowing & VA Management and Investment Services
Not required
Monthly and yearly are needed
May be required by VARA
Can be virtual
AML (Anti-Money Laundry Officer)
Local needed
Local needed
Can be any nationality
AML monthly salary
Starting from 1200€
Starting from 2000€
Local director
Can be any nationality
Can be of any nationality, but have to live in Estonia
Can be any nationality
Share capital terms
25% now, 75% within a year.
Required share capital
125 000€
100 000€ - Crypto wallet and custodian services license. 250000€ - Cryptocurrency exchange license
24,250€ (Advisory Services) - 194,000€ (Exchange Services)

Consulting24 Team

Mardo Soo, the CEO of Consulting24, is leading the charge in advising on cryptocurrency legal country
Mardo Soo - CEO
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As Consulting24's head honcho, Mardo showcases unmatched proficiency in blockchain consultation. Beyond just client acquisition, he thrives in forging and nurturing lasting business ties. His adept understanding of blockchain's intricate layers elevates his leadership stature, marking him as an industry trailblazer.

Lena Elvbakken - Founder
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As a co-founder of Consulting24, Lena is a beacon in the landscape of cryptocurrency legal country guidelines. Her astute knowledge enables her to lead innovators deftly through the maze of setting up exchanges and unveiling tokens, with a particular emphasis on crypto-friendly territories like Estonia and Lithuania. Lena's critical influence in demystifying the challenges of crypto exchange inception heightens Consulting24's role in the global cryptocurrency ascent.

Lena Elvbakken, the Founder of Consulting24, is leading the charge in advising on cryptocurrency legal country

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