Today, Poland is a modern and economically strong European state that aspires to develop in all areas of life, including providing opportunities for individuals and legal entities from around the world to implement cryptocurrency projects.
With our assistance, you can easily begin conducting your crypto activities within the European Union in accordance with stable Polish legislation.
Learn more from our consultants Submit an applicationOur team’s extensive knowledge of Poland’s crypto regulations enables us to navigate the licensing process with precision, ensuring your business meets all legal requirements seamlessly.
We offer hands-on friendly assistance at every stage, working closely with you to deliver tailored services that align with your business’s unique needs and objectives within Poland.
From document preparation to liaising with regulatory authorities, we manage each step of the application process, keeping you informed and significantly reducing your administrative workload.
With a thorough understanding of Polish regulations and global crypto market requirements, we as a direct service provider set your business up for success in Poland while preparing it for international operations.
Our team continuously monitors developments in crypto legislation. Should regulatory requirements change, we promptly notify you and provide effective solutions to ensure your company remains fully compliant.
Thus, with this crypto authorization, your company falls under the general concept of a Virtual Asset Service Provider (VASP), which allows you to provide services to your clients within the European Economic Area and worldwide.
Example 1: You notice a demand in the market for cryptocurrency exchange services (BTC to EUR, USD to ETH etc.) and/or services for opening cryptocurrency custodial wallets. With your knowledge and experience, you decide to set up or purchase a cryptocurrency company in Poland. This allows you to offer these services to your clients, assuring them of your professional expertise.
Example 2: You have a strong interest in trading (peer to peer, etc.) on cryptocurrency exchanges (OKX, Binance, Uniswap, OpenPeer and others) using your personal funds. However, you encounter limitations when operating as an individual, or you’re unable to open professional accounts. By registering or acquiring a crypto authorized company in Poland, you expand your capabilities and gain the legal framework to operate within the field.
If you are planning another activity that does not correspond to the examples above, or if you still have doubts, you can always contact our specialists. They will carefully study your request and provide individual advice.
Our company has been dealing with issues emerging in the crypto license’s acquisition process in the EU since 2015. In total, we have helped over 500 clients from different parts of the world obtain licenses and start their business. Reach us today and we will be happy to discuss the details and answer any questions you may have.
Request an offer for a Polish crypto license Request an offer
The regulator for the company will be Generalny Inspektor Informacji Finansowej (the General Inspector of Financial Information).
The primary legislation governing business activities related to virtual currencies in Poland is the Polish Act of March 1, 2018, addressing money laundering and the financing of terrorism (published in the Polish Journal of Laws in 2021, under items 1132, 1163, and 1535 – consolidated text).
The relevant sections of the Polish Anti-Money Laundering (AML) Act that pertain to the regulation of the Polish Register of Cryptocurrency Businesses can be found in Articles 129m to 129z.
We will provide you with full assistance in fulfilling all the specified requirements so that your company can start operating as soon as possible and start making a profit.
To initiate the process, we begin by collecting all necessary Know Your Customer (KYC) information. This step involves gathering identity and compliance documentation, ensuring all materials meet the stringent requirements for regulatory compliance in Poland. This includes copies of identification documents, proof of address, and other relevant documents as required by Polish authorities.
Once KYC is complete, we proceed with obtaining a qualified e-signature for the client to gain access to Poland’s governmental registers and services, including the eKRS (National Court Register). In Poland, e-signatures must be verified through a video identification process, which allows for quick and secure verification of identity. This step ensures that the client can legally sign official documents online, expediting the incorporation process without the need for physical presence.
With the e-signature in place, we move to prepare all necessary incorporation documents. This includes drafting the company’s articles of association, memorandum, and any additional documents required for registration (both Polish and English languages). Each document is tailored to meet the legal standards set by Polish regulatory bodies and to support the future operations of the VASP.
With the e-signature in place, we move to prepare all necessary incorporation documents. This includes drafting the company’s articles of association, memorandum, and any additional documents required for registration (both Polish and English languages). Each document is tailored to meet the legal standards set by Polish regulatory bodies and to support the future operations of the VASP.
Once prepared, the incorporation documents are sent to the client for review and signature. Using the qualified e-signature issued by providers certified by NCCert (National Certification Center), the client can securely sign each document online, allowing for a seamless and efficient document finalization process.
Following the signature process, the completed documents are submitted electronically via Poland’s S24 system, a digital platform for company registration. This system enables streamlined submission and tracking, allowing us to monitor the progress of the registration in real time.
The process begins with obtaining KYC (or criminal, if applicable) records for any prospective managing directors. Additionally, for registration purposes, a statement from the director confirming relevant experience in cryptocurrencies is required. We will prepare this application, and it will be signed using an electronic signature in the PRS (court electronic system).
A compliance officer or designated responsible person must be appointed to submit quarterly reports to the GIIF (General Inspection of Financial Information), the authority overseeing company operations and compliance checks. It is not necessary for this person to be local
As you can see, no physical presence is required at any stage, which truly makes Poland a unique jurisdiction. We will be happy to help you fulfill all necessary requirements and guide you through every step to make the process as convenient as possible.
At least one director (board member) in VASP company must be a local resident of EU state (could be outside of Poland, but still European Union).
The director of the company must demonstrate relevant experience and knowledge in the cryptocurrency field or associated areas such as finance, law, anti-money laundering regulations or others.
Depending on the chosen class of activity, the required share capital amount will vary between 50 000 EUR and 150 000 EUR.
Regulation will be overseen by the Financial Supervision Authority (Komisja Nadzoru Finansowego) and the National Bank of Poland.
Additional documentation will be required, including a business plan covering at least two years, technical documentation of the ICT systems and security arrangements, and a detailed description of the custody and administration policy, among other relevant materials.
The application fee will be increased to 4 500 EUR, although this increase will not apply to current Virtual Asset Service Provider (VASP) holders.
We are providing professional support to ensure your company meets all the specified requirements, enabling it to commence operations promptly and begin generating profits. Please feel free to contact us.
Our company has been dealing with issues emerging in the crypto license’s acquisition process in the EU since 2015. In total, we have helped over 500 clients from different parts of the world obtain licenses and start their business. Reach us today and we will be happy to discuss the details and answer any questions you may have.
Request an offer for a Polish crypto license Request an offerYour application has been successfully sent!
We will contact you within a few business hours.
In case of urgent questions, you can contact us by phone or email:
en
