Licenses for Crypto-Company in Estonia

Estonia offers two specific licenses for the activities of Crypto-companies: the crypto-trading license (FKK) and the crypto-wallet license (FVR). Your company must get all the required licenses before starting its activity.

One license

40000(One-off payment)
  • ✓ Crypto-trading or Crypto-wallet
  • ✓ Required FIU documentation
  • ✓ Document Notarization
  • ✓ Estonian translations
  • ✓ FIU interview support

Two licenses

65000(One-off payment)
  • ✓ Crypto-trading or Crypto-wallet
  • ✓ Required FIU documentation
  • ✓ Document Notarization
  • ✓ Estonian translations
  • ✓ FIU interview support

The prices don’t include Estonian VAT (20%), added separately.

The application process to obtain the licenses may take from 4 to 8 weeks. If your company is preparing an ICO (or similar token offering), let us know so we can get the licenses in time. It’s important to get the licenses and have the bank account ready before launching your token sale.

All licenses include

Official license number

Your company will get an official license, issued by the Estonian government, with a unique ID allowing anyone to verify its validity.

Documentary requirements

We need some documents from you, including the criminal records of all members, your AML and KYC documents, and probably your whitepaper also (in english).

Official documentation and FIU reviews

We’ll take care of generating all the required documentation in the Estonian language, and keep track of your application with direct communication with the financial investigation unit of the Estonian police.

Regarding criminal records

You must give us your criminal records with issued no longer than three months ago, translated to Estonian or English by a sworn translator, and with a Hague apostille.

Interview with the FIU

The FIU (financial investigation unit) of Estonia may require some members of the company to travel to Estonia for an interview, to know more about your company.

Crypto-Company registration in Estonia

This licenses are intended for Crypto-companies in Estonia. If you still don’t have your company registered, you can do so using our online wizard in just 4 steps. As part of our company registration pack, we offer virtual office, legal address in Estonia, contact person from Estonia, employment and board membership registration, VAT number application, and VIES registration. The price of the company registration pack is subject to the subscription to a monthly accountancy plan.

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