lithuania

Ready-made cryptocurrency company in Lithuania. It is possible to provide a nominal service. Opening a bank account is included.

Timeline: Re-registration of the company takes place in the shortest possible time. Usually, it takes 2-3 weeks depending on the workload of the Lithuanian regulator. 

Lithuania is one of the best countries to buy a cryptocurrency business. The jurisdiction is highly respected. The cryptocurrency market is strictly regulated. Companies operate legally under a crypto license that applies to all EU countries, giving businesses direct access to the  European cryptocurrency market.

Peculiarities of the Lithuanian crypto license 

Lithuania issues 2 types of crypto licenses allowing:

• To exchange some digital assets for others and fiat money;
• To provide services for storing digital assets on crypto wallets.

Depending on the field of activity, a company can get one or both licenses. The company must be transparent as crypto business activities are monitored by the department that investigates financial crimes (FIU).

Advantages of a cryptocurrency company in Lithuania

• Ability to operate in all EU countries.
• Clear laws regulate the cryptocurrency industry. This allows companies to completely understand their rights and obligations.
• Ability to manage the business from another country.
• Ability to open a cryptocurrency investment fund.
• Cryptocurrency can be partially used in financial markets.
• There are no currency controls.
• ICO (initial coin offering) can be conducted through international crowdfunding platforms.
• The income tax is 15%. If there are fewer than 5 employees and the annual income is less than €300,000, income tax is reduced to 0-5%.
• Possibility of obtaining a residence permit.
• Crypto exchange services are not subject to VAT.

Requirements for a crypto company when obtaining a license in Lithuania from scratch 

• Authorized capital starts at €2,500.
• There must be a shareholder, a director, and an expert who monitors compliance with AML requirements. It is allowed to appoint the same person to all these positions.
• Crypto businesses can be fully owned by foreigners.
• Owners and directors must have an impeccable business reputation. They must not be seen in serious scams.
• The office can be located abroad.
• To get a crypto license, you need a detailed business plan.

Advantages of buying a ready-made crypto company

• The deal can be done within a day. Our experienced company takes care of all bureaucratic procedures.
• You can get to work right away, without wasting time on registration, obtaining cryptocurrency licenses, and collecting the necessary papers.
• We sell the company with a bank account, so you do not have to waste time on getting it.
• Depending on the type of your business activity, you can buy a company with crypto licenses of one or both types.
• You don’t have to be vetted to get a crypto license.

The crypto companies we sell have no debts, no creditors, and no lawsuits, so you can have peace of mind about your reputation.