Lithuania Crypto License Requirements
Lithuania Crypto License Requirements latest news, images, analysis about The registered authorised capital of a private limited liability company (UAB) or public limited liability company (AB) that offers or plans to offer virtual currency exchange services or cryptocurrency wallet services must be at least 125,000 EUR if the company is established in Lithuania. See more
FAQs for Lithuania Crypto License Requirements
Who is MLRO?
Money Laundering Reporting Officer (MLRO) an employee of the company who directly interacts with FCIS, brings information to the regulator about su...Read more
What does FCIU do?
The Financial Crime Investigation Service (FCIU) is the regulatory and supervisory authority for crypto businesses in Lithuania.Read more
Is cryptocurrency legal in Lithuania?
The use of cryptocurrency in Lithuania is absolutely legal. To conduct business, crypto companies are subject to the “Law for the Prevention of Mon...Read more
Who can set up a crypto company in Lithuania?
A company can be created by any person, regardless of residence, the only thing you need to have is a certificate of good conduct.Read more
What is the validity period of a cryptocurrency license in Lithuania?
The issued license is valid indefinitely.Read more
How much authorised share capital do I need to deposit to open a cryptocurrency company in Lithuania?
To obtain authorisation, it is necessary to deposit the authorised capital in the amount of 2500 eurosRead more
What are the taxes for a crypto company in Lithuania?
Exchange services are not subject to VAT Income tax on dividends - 15% 15% tax is withheld from the profits of a cryptocurrency company, compani...Read more
How much does it cost to get a crypto license in Lithuania?
The cost of obtaining a Lithuanian license starts from €3500, and the final cost will depend on a number of factors, you can get detailed informati...Read more
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