Crypto license in Croatia

As of today, crypto-currencies are not an authorized worth of revenue in Croatia, but this does not mean that they cannot be used on the local markets. The legislation of this country is very similar to other EU-members. Crypto-currency can be used for exchange, transfer, or storage, as well as selling in electronic format.

However, only those companies that have a crypto-license in Croatia will be able to do such operations. Since there are no specific requirements for crypto-currency corporations in this country, it is not very difficult to obtain one. But you need to understand the local essentials and concede with the conditions from the Croatian regulator.

Why it’s worth applying a crypto-license in Croatia

The Croatian`s government is extremely lenient towards companies that seek to obtain a license for cryptocurrencies in Croatia. This country has a stable economic and political situation, so crypto businesses should not be afraid to launch their business here.

Moreover, the country has even established the Blockchain`s and Cryptocurrency-Association, which is engaged in educating and helping to increase the conscious literacy of novice traders and crypto-traders. With the help of this organization, those wishing to acquire a cryptocurrency license in Croatia understand in advance what they will face and how they will have to work in this market.

Thanks to the work of this association, there is a good dialog between cryptocurrency traders and officials regarding the rules and requirements for legal entities wishing to start working in the cryptosphere. Not all countries have such associations.

As you can see, Croatia is a good place to start a interaction in this environment, because it has a good situation, a loyal government, and a cryptocurrency-association that will help you in your first steps in this field.

Edges of a Croatian crypto-license

Registration of the permission of a cryptocurrency trading in Croatia will let legal-entities to actively accomplish movements in this sphere. Croatian license will provide several godsends to its holders, namely:

• with this permission, it is possible to provide a full range of services including storage, sale, and transfer of crypto-currency to holders;
• the document allows conducting exchange-operations using global and Croatian platforms;
• the license allows you to work with companies throughout the EU;
• the license gives access to trading or providing services to  private-individuals and legal-entities.

This document allows the company to freely provide its services on the Croatian market and other territories that serve under the EU legislation.

What is needed to lay for a crypto-currency permission

To spread a cryptocurrency license in Croatia, a corporation must go through considerable steps, including:

• registering a legal entity (most companies open limited liability companies);
• having a real office with a legal Croatians address;
• pass the HANFA crypto authorization and get permission from them to operate;
• provide documents regarding sources of income and criminal records of co-owners;
• hired employees must have the essential acquaintance and background in the cryptosphere.

Businesses may also be required to submit a business plan as proof of their seriousness and willingness to operate in the long term. In addition, they may be required to establish departments to safeguard consumers from fraudsters. Most Croatians companies receive a license within 3 months. After this period, the controller has to decide whether to grant the license, deny it or send the docs to correct the errors.

Who can help with its registration

For companies that plan to obtain Croatia Cryptocurrency permission, it is crucial to enter the market as soon as possible and start earning. Any delay in lost revenue and the possibility of getting more competitors. Therefore, co-owners of companies in this field want to obtain licenses faster than the three-month deadline and without the need for amendments.

To put the right application package the first time, we recommend contacting our experts. All of our employees have repeatedly submitted documents to Croatians regulatory-authorities. Therefore, we know their necessities and we can make sure that your application gets a positive decision the first time. We are a team of true professionals and can look at your application package at the first meeting and point out any errors in it.

To consult with our experts, please contact us in any convenient way.