top of page

Regulation on Crypto:  Estonia, Lithuania, and Dubai Overview

Grasping the nuances of the regulation on crypto is vital for budding cryptocurrency entrepreneurs, particularly in regions like Estonia, Lithuania, the EU, and Dubai. Such insight enables them to adeptly traverse through varied regulatory terrains, identify distinct benefits and challenges each locale offers, and strategically position their enterprises.

Estonia, with its enticing 0% corporate tax and no dividend distribution obligation, beckons crypto startups from around the globe. Estonian regulations provide businesses with notable fiscal advantages, but it's essential for enterprises to weigh the pros against the costs of licensing and regulatory adherence.

Meanwhile, Lithuania in the EU showcases its prowess with a streamlined crypto licensing framework and an open door to the expansive European market. Still, a thorough understanding of the associated costs—legal, compliance, and operational—is indispensable.

Dubai stands out, owing to its prime geographical advantage and pro-business ambiance. The emirate's approach to issuing crypto licenses through its free zone authority, combined with a zero-tax regime on crypto transactions and gains, makes it a compelling destination for global crypto endeavors.

In this rapidly evolving cryptocurrency domain, a profound comprehension of the regulation on crypto across key jurisdictions like Estonia, Lithuania, the EU, and Dubai serves as a navigational compass, revealing diverse paths rich in regulatory benefits and entrepreneurial possibilities.

angry bull, gold, bitcoin logo, skyscrapers on the back of the backround .jpg

Lithuania vs Estonia vs Dubai: A Comparative Analysis of Crypto Regulations

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)


Advisory Projects


cryptocurrency consultant.png
Mardo Soo - CEO
  • LinkedIn

As a CEO of Consulting24, Mardo exhibits unmatched expertise in the domain of blockchain consulting. His role transcends the traditional boundaries of client acquisition, emphasizing the creation and nurturing of lasting business partnerships. His knack for navigating the complex nuances of the blockchain realm accentuates his exemplary leadership attributes, solidifying his esteemed presence in the industry.

Lena Elvbakken - Founder
  • LinkedIn

As a co-founder of Consulting24, Lena has firmly established herself in the realm of regulation on crypto. Her extensive insights allow her to adeptly guide innovators through the intricate pathways of initiating exchanges and token launches, especially in crypto-receptive territories like Estonia and Lithuania. Her critical role in simplifying the multifaceted procedures of crypto exchange inception highlights Consulting24's instrumental influence in driving global cryptocurrency growth.

Lena Elvbakken - cryptocurrency consultant .png
bottom of page