Eternity Law International News Crypto license in Bulgaria

Crypto license in Bulgaria

June 8, 2023

The Bulgarian’s CB together with the Commissions for Supervision of Financial’s Operations is the controlling body for the corporations working in cryptosphere. Both structures work with crypto-currency businesses in Bulgaria as well as other controllers in EU-member-states.

Besides these bodies, there is also crypto-regulation in Bulgaria. The Bulgarian’s demand is the NRA, they allocate surcharges and accumulate receivableses. To start actively using cryptocurrency and other innovative-technologies in the countryside there was a disclosed program “Digital Bulgaria-2025”, but it will start working only in 2 years. So far, in this countryside, you can find very favorable conditions for obtaining a Bulgaria crypto license and working in this market.

Spokespeople of the regulator point out that it is critical to obtain a crypto license in Bulgaria for those corporations that are engaged in:

  • dealings operations with crypto-assets;
  • dealings of crypto/fiat wallet;
  • cryptocurrency-transaction protection services for clients;
  • crypto-assets depository services.

It’s important to understand that without having critical permission, corporations will not be able to operate. It can be obtained only from the Bulgarians controller’s. There’s also such an option as crypto license in Bulgaria for sale. It’s already a ready-for-use decision.

Businesses for sale in Bulgaria

Company with crypto authorizations in Bulgaria for sale

Europe, Bulgaria Crypto licenses for sale
A new business opportunity – a ready-made company with crypto authorizations in Bulgaria for sale. Details of this transaction The is a ready-made company for sale with incorporation in Estonia. Operations with cryptoassets are obtained in Bulgaria. Company with crypto authorizations in Bulgaria for sale: eligible operations The entity is authorized for the provision of…

Company with crypto exchange license in Bulgaria for sale

Europe, Bulgaria
This offer is a profitable opportunity to buy a company with a crypto exchange license in Bulgaria. This is a rapidly growing market that offers its members stability and excellent prospects for commercial growth. Bulgaria is committed to the introduction of modern technological solutions and active support of the latest start-ups.  What does a company…

Ready-made company in Bulgaria for sale

Europe, Bulgaria
Price includes: Apostilled set of documents; Local director for 1 year; Bank account; Banking access for client only + online banking; Accounting for 1 year; Tax declaration filling for 1 year; Legal address for 1 year; Bulgarian sim-card. Price: 8500€ Please feel free to join our telegram channel in order to keep updated for the new offers…

Ways to obtain crypto license Bulgaria: cryptocurrency’s regulation

For corporations to safely do crypto-activities in Bulgaria, they need to yield by local lawmaking. For corporations working in crypto activities in Bulgaria, it is necessary to comply with anti-money laundering’s law making and the fifth-EU-directive on the same subject.

The anti-money laundering’s law outlines mandatory procedures for corporations in the cryptobusiness intending to get crypto license in Bulgaria. Among them:

  • compulsory due industriousness at different levels (streamlined verification is possible at registration, advanced/complex later), provided that dealings over 15 thousand euro in equivalents;
  • compulsory recording of all dealings and keeping such info in electronic or printed docs;
  • constant evaluation of the imperilment of using the company for money-laundering or FCA;
  • obligatory notification of the state-security authorities when dealings amount to more than the coequal of 15,000 EUR;
  • disclosure of info about the persons involved in the dealing in case of disbelieving dealings.

Corporations intending to obtain crypto license in Bulgaria need to understand that crypto in Bulgaria is not supposed financial-instruments. They are supposed commodities and therefore all such dealings are subject`s to local trade-lawmaking.

Benefits of Getting Bulgaria Crypto License

The lawful entities will be getting a crypto license in Bulgaria may not be the hardest task. However, you can`t start to conceive of all functions by obtaining a crypto license in Bulgaria or its equivalent. Crypto’s exchanges and service-providers need to obtain crypto-authorization in Bulgaria. For its purpose, the corps is noted in a special public-registry and receives the appropriate certification. It replaces the classical cryptolicense.

Co-founders of crypto-businesses benefit from accepting the docs in Bulgaria, cause:

  • there is no prerequisite to hiring local-staff;
  • faster turnaround time for the apps;
  • ability to apply remotely;
  • no-compliance prerequisites;
  • the start-up capital can be only 2 BGN or 1 EUR.

Prerequisites for docs

To get crypto license in Bulgaria, it is necessary to apply to the controller. The immediate crypto licensing process in Bulgaria is one of the easiest and goes as quickly as possible. The corporations needs to provide the following info along with the apps:

  • data about the enrollment of the legal-entity (including the name, physical address, and email);
  • info about the co-founders of the corporation;
  • info about a contact-person, including phone number and e-mail;
  • registrations certificates with a exceptional regulation, which is specified in the Commercial-Register;
  • data on opened accounts and availability of funds on them (including accounts in foreign banks);
  • characterization of corporation processes and exchange service for crypts;
  • list of countries for which dealing is to be opened.

Who can help to get crypto license in Bulgaria quickly 

Many people may think that applying for a license is quite simple. But even given the lack of strict requirements, many companies try to get it on their failure to achieve their goals. That’s why it’s worthwhile to turn to our employees. Each of them has been repeatedly worked on by the Bulgarian regulator, so we know exactly the requirements for obtaining a license throughout Europe. With our help, you will get crypto license in Bulgaria in the fastest way: you’ll acquire your application faster than your competitors, because we will check all the docs beforehand and help you to prepare well for the apps for the permission. We may also offer you crypto license in Bulgaria for sale.

Do crypto-activities require a license in Bulgaria?

Corporations that plan to work in this field need to obtain crypto license in Bulgaria from the local regulator before starting their work.

What’s the process of getting a crypto-license in Bulgaria?

To acquire this permission, you need to enlist a corporation and apply for cryptoauthorization. It is also essential to start with the essential documents and prescribe internal-procedures for combating illegal transactions.

What crypto activities does Bulgaria’s crypto license allow?

It allows crypto dealings operations by different coins, crypto-exchange for fiat-money, and cryptostorage or protection services.

How long does it take to get a cryptolicense in Bulgaria?

The time for apps to receive the decision from the regulators should not take more than a month.

What info must be included in the apps for a Bulgarian crypto-license?

Info about the legal-entity, its founders, and types of usefulness, like the annex with the checklist of countryside where you will be conducted.

Can cryptocompanies be owned by non-residents of Bulgaria?

This is acceptable because the controller doesn`t require citizenship of the co-founders of legal-entities.

What docs are required to open a cryptocurrencys corporation in Bulgaria?

Notary copy of articles of incorporation, legal-entity-registration permit, passport copies of co-founders and directorate, and bank statement.

Can docs for a Bulgarian crypto-company enrollment be submitted in English?

The docs for the regulator should be submitted in Bulgarian language.

What are the benefits of the option to obtain crypto license Bulgaria?

Fast execution of the permission, possibility to apply online, loyal prerequisites, the min capital-required, and the law duties.

Does Bulgaria have any measurements in place to prevent money-laundering and the financing of terrorism?

All crypto-dealings are thoroughly analyzed for possible illegal dealings considering EU-standards.

You could be interested

Rules for funds investing in cryptocurrencies

The Maltese government has developed a set of rules, namely, rules for funds investing in cryptocurrencies. A few years ago, most states did not recognize cryptocurrency as a financial instrument. It was believed that these units are used in a minimum of operations. Today, without Bitcoin, Riple, Litecoin, Cardano and other units, it is impossible...

Company registration in Italy

Italy is a European country that has always been and remains attractive to entrepreneurs. This state is not a standard offshore, however, it offers no less favorable business conditions. Having a representative office in Italy is a sign of the company’s reliability and that it is respected in certain circles. The most popular company forms...

Company registration in Lebanon

Interest in Lebanon as a jurisdiction with great potential for the development of international business is growing rapidly. Lebanon in particular attracts foreign capital owners with a stable banking sector that ensures complete confidentiality of customer data. In accordance with the law regarding offshore enterprises and holding companies of this Arab country, non-residents can count...

EMI schemes after Brexit

According to the statement of HMRC, EMI schemes will remain to be effective after Brexit transitional period. These schemes allow some businesses to provide workers nontaxable share options worth up to £250,000; they do not expire and will be applicable in the post-Brexit period. What can companies hope for? As of now, there are multiple...

Open an account for a non-resident in Ukraine

In order for Ukraine to make the transition to the free movement of capital investment, the NBU allowed each entity to open an account in the Ukrainian financial market. Subjects include: non-resident legal entity; foreign funds specializing in investment; a company that manages assets acting on behalf of a foreign investment fund. Client account opening...

Features of Legal Opinion for High Risk Business

The concept of a legal opinion A legal opinion is understood as a document that contains the professional opinion and conclusion of a lawyer who has studied a particular legal problem. Through such a document, the parties to the transaction will be able to understand all the nuances of concluding an agreement, explained from a...
Fill the blank:


Dreikonigstrasse, 31A, Stockerhof


Baseina street, 7


Grosvenor Gardens, 52


1629 K St. Suite 300 N.W.


Gediminas Avenue, 44A


Kesklinna linnaosa, Tuukri 19


Lochrin Square, 1


Jacovides Tower, 5 floor


Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai


Level 42, Suntec Tower Three, 8 Temasek Boulevard


20 Martin Place


2609 Avenida da Boavista


Revaz Tabukashvili Str., N 45, area N 7