Eternity Law International Tied agents Cryptocurrency exchange creation

Cryptocurrency exchange creation

Published:
March 13, 2020

Choice of jurisdiction

A process such as the creation of cryptocurrency exchanges requires the right choice of jurisdiction. The development of the business will depend on the location of your cryptocurrency exchange. This article discusses the most popular jurisdictions with an excellent reputation.

ESTONIA

The main advantages of this country, as a jurisdiction for creating a crypto-exchange, include the following:

  • short terms of registration of the organization for crypto business and for registration of a license for activity;
  • The relatively inexpensive price of a license to create a crypto exchange;
  • loyal legislation of Estonia, which simplifies the process of registration and further activities of the exchange;
  • favorable attitude of the country’s financial regulatory system to the activities of the crypto exchange;
  • citizenship of the EU countries to create an exchange on the territory of Estonia is not a mandatory requirement;
  • income tax and various types of VAT do not apply to cryptocurrency business.

In order to register your cryptocurrency exchange in Estonia and to begin its activity in the future, you need to have the following licenses: for the provision of wallets services for exchange and savings, as well as for the transfer of virtual currency into fiat funds.

MALTA

The main advantages for creating crypto-exchanges in the territory of this republic include:

  • legislative acts that regulate the creation and operation of virtual currency exchanges are duplicated in English;
  • the state acts as a guarantor of the protection of companies and their users;
  • Malta’s stability in politics and finance;
  • the indulgence of the Maltese financial regulator;
  • international reputation for success and authority in the field of cryptocurrency exchange activities;
  • a rather low interest rate on income tax, which is only 5%.

SWITZERLAND

The country has created the most favorable conditions for cryptocurrency activities, as well as business development by creating a cryptocurrency exchange and business promotion.

As the jurisdiction to register a cryptocurrency exchange, Switzerland is a technically equipped and experienced state with a sufficient number of qualified specialists.

Note the benefits of this jurisdiction:

  • the loyalty of the country’s authorities and legislation regarding the creation of cryptocurrency exchanges throughout the state;
  • a simplified algorithm for creating a bank account for a crypto exchange, which is registered in Switzerland;
  • economic and political stability of Switzerland relative to other EU countries;
  • the financial regulator protects foreign investors in its territory;
  • optimal tax system.

Eternity Law International experts will help you choose the best option, taking into account not only your wishes, but also the peculiarity of the activity.

We will provide you with information on the current status of international law and taxation, as well as prompt in solving financial issues, planning and issuing licenses who have experience and the necessary knowledge on the creation, registration and management of crypto exchanges.

You could be interested

Market Maker Company Licensed by CySEC for sale

Here is CySEC licensed Market Maker Company in Cyprus for sale presented. Overview of Market Maker Company Licensed by CySEC for sale An investment company established in the jurisdiction of Cyprus (CIF). The firm has been officially approved by CySEC to offer CFD brokerage services to market makers, as well as hold consumer assets and...

Belize Market Maker Forex License for sale

Below you can see the basic information regarding a Belize Market Maker Forex License for sale. Belize Market Maker Forex License for sale: key features: Operational costs per month – $22,000; Two clients’ and one corporate bank accounts included; Platform included; Two local directors in place; Clean history. You can buy a Belize Market Maker...

FIU-licensed lending company in Estonia for sale

New investment opportunity – FIU-licensed lending company in Estonia for sale. FIU-licensed lending company in Estonia for sale: general information The operating license is issued by the Estonian FIU. The company is classified as a Financial Institution. Year of incorporation: 2019. Share capital of the company: 12,000 EUR. Business accounts: Operational account in Paysera. Scope...

Bank in St Vincent and the Grenadines for sale

An international bank is up for sale. The company is based in the Caribbean. The bank has earned an excellent reputation and received an A-type license (100% of the company’s shares were sold). The company is licensed to conduct banking activities within the Caribbean. The bank has no debt obligations. The bank’s assets amount to...

FSC Licensed Company in British Virgin Islands for sale

Basic details regarding the activities and structural organization of FSC licensed company in British Virgin Islands for sale: The company has a license giving the right to act as a service provider in the financial industry. Capital must be US$1 million. Having an account with a banking institution in Singapore. There are no unresolved or...

FSP (financial service provider) licensed company for sale in South Africa

The FSP license for sale issued by the Financial Sector Conduct Authority (FSCA) in South Africa. Details of the company for sale: non-operational, clean entity two bank accounts no debts and liabilities no penalties from the regulatory The local director and compliance offices would like to stay at the company. Change of ownership: approximately 3...
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof

Kyiv

Baseina street, 7

London

Grosvenor Gardens, 52

New York

1178 Broadway, 3rd Floor #3353 New York, NY 10001

Vilnius

Gediminas Avenue, 44A

Tallinn

Kesklinna linnaosa, Tuukri 19

Edinburgh

Lochrin Square, 1

Nicosia

Jacovides Tower, 5 floor

Riga

Esplanade, 7 floor

Hong Kong

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

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard

Sydney

20 Martin Place

Porto

2609 Avenida da Boavista

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7