Eternity Law International — News — Jurisdictions for creating cryptocurrency exchanges

Jurisdictions for creating cryptocurrency exchanges

Published:
February 14, 2020

JURISDICTIONS FOR CREATION OF CRYPTO EXCHANGE: MALTA, SWITZERLAND, ESTONIA. WHAT TO CHOOSE?

If you are in the process of creating a blockchain company, then you are faced with the task of choosing a jurisdiction to create crypto exchanges that will provide the right opportunities for success and profit.

In order to decide which jurisdiction to choose and which pros and cons exist, we examined the three most popular jurisdictions in the field of crypto exchanges.

MALTA

Among the advantages of Malta’s jurisdiction in the process of registering a cryptocurrency exchange, it is worth noting:

  • the ability to regulate the process of creating a cryptocurrency exchange using the English version;
  • providing reliable state protection during registration and conducting business in the field of cryptocurrencies;
  • country stability in financial and political spheres;
  • loyalty of the financial regulator;
  • cryptocurrency exchanges in the jurisdiction of Malta have a high reputable and successful status;
  • income tax in the state of at least 5%.

ESTONIA

One of the most popular and attractive jurisdictions in the field of cryptocurrency exchanges. Among its advantages it is worth noting:

  • moderate cost for registration;
  • fast registration process with obtaining a license;
  • legislative support;
  • loyal financial regulator;
  • no need to have EU citizenship;
  • lack of VAT regarding the sphere of cryptocurrencies; profits are not taxed;
    wide range of licenses.

Estonia is also the first EU jurisdiction to legitimize the work of the crypto sector and to legally organize and conduct ICOs based on blockchain technologies.

Among the advantages: a corporate tax rate of 0%, you can create a company remotely, a low level of bureaucracy and a low tax policy, as well as a non-resident of Estonia can become the owner / member of the board.

SWITZERLAND

In Switzerland, cryptocurrencies and exchanges are legal, and the country has taken a surprisingly progressive stance towards cryptocurrency rules. Among the advantages it is worth noting:

  • the stability of the country, both in politics and in finance;
  • simplified procedure for registering bank accounts;
  • interest and loyalty of the financial regulator;
  • the financial regulator is mainly focused on the protection of foreign investors;
  • optimal taxation conditions.

Our company is based on experience with this sphere and Eternity Law International specialists will be happy to рrovide you with assistance in resolving this issue.

You could be interested

Obtaining of investment services license in Bulgaria

Our experts will help you to get your own license as quickly and effortlessly as possible, allowing you to offer on the market and provide consumers with investment services on the territory of Bulgaria. As you know, Bulgaria is a member state of the European Union, therefore, this license gives you the opportunity to offer...

Company registration in Costa Rica

Many entrepreneurs establish companies in this particular jurisdiction. The data of foreign investors is reliably protected due to the fact that Costa Rica has entered into an extremely limited number of agreements on the exchange of information. Income that comes to the state from other countries is not taxed. Tax fees are levied solely on...

The Canary Islands reduced tax regime

The introduction by the Canary-authorities of a new tax-regime with a corporate rate of 4% has not been noticed by all specialists. However, this decision directly affects the lost revenue of corporations that open their accounts outside this region. This regime in the country was called the Canary Special Zone and this name makes many...

Obtaining the citizenship of Dominica

Obtaining citizenship of Dominica is an excellent choice for anyone who thinks about obtaining another citizenship easily and without exorbitant costs. To find out the details of the conditions for its registration, as well as to get reviews of citizenship holders, read the article. If you want to understand what citizenship is for investment, what...

Regulatory organization FINMA in Switzerland

The Swiss Financial Markets Supervision Authority (FINMA) is a government agency, a Swiss regulator, which is one of the most reliable in the world, since the requirements of the regulator are very strict. Its activities are focused on financial regulation, namely: protection against the creation of corruption schemes for money laundering, supervision of banks, insurance...

Forex license in Australia

Australia has confirmed itself as a respected and well-regulated monetary jurisdiction, creating it an attractive terminus for individuals and firms seeking to obtain a FX permission. With a robust adjustment framework and a strong focus on investor protection, Australia offers numerous advantages and possibilities for those looking to establish a FX brokerage. This article will...

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.

Ready-made companies for sale

Companies with a bank account around the world

Banks for sale

Established Banks for sale

Ready-made licenses for sale

Forex, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Licensing

Forex licenses, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Offshore company registration

Expert advice on the acquisition of an offshore company

Open a bank account

Open bank accounts in more than 120 banks around the world
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof
+41 435 50 73 23

Kyiv

Baseina street, 7
+38 094 712 03 54

London

Grosvenor Gardens, 52
+44 203 868 34 37

Washington

1629 K St. Suite 300 N.W.
+1 (888) 647 05 40 Toll Free

Vilnius

Gediminas Avenue, 44A
+370 52 11 14 32

Tallinn

Kesklinna linnaosa, Tuukri 19
+372 880 41 85

Edinburgh

Lochrin Square, 1
+44 203 868 34 37

Nicosia

Jacovides Tower, 5 floor
+371 665 550 51

Riga

Esplanade, 7 floor
+371 665 550 51

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai
800938622 Toll Free

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard
+6531594300

Sydney

20 Martin Place
+61 2 888 00 365

Porto

2609 Avenida da Boavista
+351 800 500 206 Toll Free

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7
+995706070360