Crypto license in Lithuania

Registering a company and obtaining a cryptocurrency license in Lithuania will provide you with the opportunity to offer services for the exchange of cryptocurrencies and the storage of crypto assets in the legal field of the EU, as well as on the territory of other states without violating the law.

500+ of our clients have already successfully obtained licenses to work with crypto-assets in Lithuania with our help and are actively developing their projects in countries of the European Union.

Lithuanian crypto license will undoubtedly become an effective tool for your business, as a company operating in the field of cryptocurrencies is required to have a license.

Guaranteed result

Starting from consultation and ending with licensing, we provide a guaranteed result as stipulated in the contract.

Personal manager

We provide you with a personal manager and remain a reliable partner even after the service is completed.

Direct service provider

As a direct service provider, we offer the best pricing and flexible payment terms.

We offer two options for obtaining a crypto license in Lithuania:

Register a new company and get a crypto license

The price for the crypto license starts from 3 500€, choose the best package that suits your needs.
Term: 5-8 weeks.
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Purchase a ready-made company with a crypto license

The price is provided by request. The company has already formed share capital in the amount of 125 000€.
Term: 2-3 weeks.
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Obtaining a crypto license in Lithuania

We offer to obtain a crypto license in Lithuania within 30 days, the successful result is guaranteed!

Lithuania is a convenient jurisdiction for obtaining a crypto license that will be valid on the territory of Europe, and is also suitable for the installation and further operation of crypto projects and fintech businesses, in which a favorable environment is most productively combined with a simple and transparent legislative framework. The main advantages when choosing a crypto license in Lithuania include the relative simplicity of the licensing procedure for this activity, as well as a rather short time and moderate cost of obtaining authorization to work with cryptocurrency assets.

To obtain a license in the name of a company registered in Lithuania, it is necessary to prepare and submit the application according to the requirement of the regulator, develop and implement an AML policy, and appoint an MLRO or AML specialist to promptly exchange information and submit notifications of suspicious transactions to the regulator.

Due to the relatively light and flexible policy of the Lithuanian regulator FCIS, as well as a simple and understandable legislative framework and regulation in the crypto field, our clients can be 99.9% sure that they will successfully obtain a Lithuanian license.

For the introduction of a crypto business in Lithuania, it is proposed to obtain two types of crypto licenses:

Crypto Exchange License

This license entitles crypto companies to exchange cryptocurrencies for fiat and vice versa, as well as exchange one virtual asset for another.

Crypto Wallet License

Companies that obtain this license may create and manage customers’ crypto custodial wallets, as well as offer and provide the ability to store customers’ crypto assets in designated wallets.

We recommend that our customers immediately obtained both types of licenses, as this does not incur any additional costs, but significantly expands the range of potential opportunities.

Cost and terms of obtaining
a cryptocurrency license in Lithuania

Standard Package Basic foundation for a crypto license

^€3 500 up to 4 weeks
- Company registration
- Legal address for 1 year
- Opening a bank account for a share capital contribution of 125 000 EUR
- Basic AML/CFT policy preparation
- Obtaining a crypto license
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Full Package Local MLRO according to you request

^€6 500 up to 8 weeks
- All services from the Standard package
- Opening a deposit bank account for a share capital increase (PSP/EMI fee is not included)
- Legal registration of a share capital
- Finding a local MLRO on public sources according to your criteria
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Premium Package Compliant MLRO candidate from our side

^€9 500 up to 6 weeks
- All services from the Full package
- A local MLRO from our side with a fixed salary for 3 months (instead of hiring by your criteria)
- MLRO's full legal support
- Assistance in search for a business space (renting a physical office)
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Ready-made companies in Lithuania with crypto license

Purchase a new Lithuanian company with obtained crypto license in less than 2-3 weeks!

Since the 1st of November 2022 the requirements for entrepreneurs aiming to start a crypto business in Lithuania were tightened. According to the new legislation, in order to obtain the license a share capital in the amount of 125 000 euros must be paid. Despite the new changes Lithuania still remains a crypto friendly jurisdiction and provides a convenient business ground for new undertakings with such activity.

We have looked into the needs of our clients and we are glad to offer a ready-made solution with already formed share capital in the full amount, which will be a perfect option for those, who value time and would like to launch their project quickly. With this option you will be able to set up your business in no time and skip a decent amount of paperwork.

We offer two different ways to purchase a shelf crypto company:

Shelf company with already formed share capital (125 000 euros)

This is the best option for those, who are not ready to invest into a business at the moment and would like to postpone the share capital contribution for some time. You can buy a ready-made company with already registered share capital, we will assist you with the share transfer procedure and provide support with a MLRO appointment.

Shelf company without increased share capital

This option suits you in case you are ready to make a contribution of the share capital in the amount of 125 000 euros right away. We will guide you through the process of changing the ownership of a company and help you with a deposit account opening for a share capital contribution as well as MLRO recruitment.

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Main steps	Registration of a new company and license obtainment	Shelf company without increased share capital	Shelf company with already formed share capital (125 000 euros)
Lithuanian LLC company registration with a legal address for 1 year	up to 3 weeks	completed	completed
Deposit bank account opening for a share capital increase and MLRO employment	up to 3 weeks	up to 3 weeks	completed
License obtainment procedure	up to 1 week	up to 1 week	completed
Change of the ownership	-	up to 1-2 weeks	up to 1-2 weeks
Time in total	up to 7 weeks	up to 5-6 weeks	up to 1-2 weeks

Guaranteed results in a short time

The purchase of a ready-made company is quite advantageous and a time–saving option, which is highly attractive to individuals seeking a fast solution to set up their project. Leave a request and our team of consultants will contact you right away and provide you with detailed information about our offer.

Leave a request

Basic requirements for obtaining a crypto license in Lithuania:

Both local companies and registered branches of foreign enterprises can obtain a license to work in crypto-assets in Lithuania. Non-residents of Lithuania can own a company as well as hold a director’s position in Lithuanian company, but in order to obtain a license, each of the individuals associated with the company must have a good business reputation, which is considered fully confirmed by the certificate of no criminal record. The main recommended requirements imposed by FCIS and Lithuanian legislation on crypto companies:

KYC (know your customer)

Each Lithuanian crypto-currency company must establish clear procedures for identifying and verifying the identity of clients (verification of documents, origins of funds, presence in sanctioned lists and PEP lists, etc.), as well as developed principles for the secure storage of information related to clients.

Accounting and tracking of all cryptocurrency trades and transactions

A licensed crypto company is expected to record, screen and monitor all transactions and activities of clients as a measure against money laundering and terrorist financing, as required by the regulator in Lithuania (FCIS)

MLRO specialist

It is extremely important for every company operating in the field of exchanging cryptocurrencies and other virtual assets to have a local anti-money laundering and counter-terrorism financing specialist among staff, whose task will be to provide the regulator with information about suspicious or untypical transactions and maintain an uninterrupted communication channel with FCIS.

Share capital

According to the new legislation all the companies that are managing crypto business are obliged to increase the share capital up to the amount of 125 000€.

Experts in the field

Tomas G. Head of Lithuanian Legal Department and Corporate Law Lawyer Contact

Dmitry M. Head of Sales Department Contact

Zoja K. Research and Sales Representative Contact

Mark M. Sales Representative Contact

Frequently Asked Questions

Is cryptocurrency legal in Lithuania?

The use of cryptocurrency in Lithuania is absolutely legal. To conduct business, crypto companies are subject to the “Law for the prevention of money laundering and the financing of terrorism”

Which agency is regulating activities of crypto companies in Lithuania?

Financial Crime Investigation Service (FCIS) is the regulating and controlling agent for crypto businesses in Lithuania.

Who can set up a crypto-company in Lithuania?

The crypto-company can be established by any physical person or legal entity, regardless of residence, the only thing you need to have is a certificate of good conduct.

In what amount do I need to deposit capital in order to open a cryptocurrency company in Lithuania?

To obtain authorization, it is necessary to contribute a share capital in the amount of 31 250 EUR and register in the amount of 125 000 EUR.

What is the validity period of a cryptocurrency license in Lithuania?

The issued license is valid indefinitely.

How is a crypto company in Lithuania taxed?

Exchange services are not subject to VAT Income tax on dividends - 15%.
A 15% tax is withheld from the profits of a cryptocurrency company. Companies with up to 10 employees and an annual gross income of less than 300,000 euros may be taxed at a rate of 5% corporate tax in the first year.

Contact our sales department and we will tell you about the procedure for obtaining the license

Our company has been dealing with issues emerging in the crypto license’s obtainment process in the EU since 2015. In total, we have helped over 500 clients from different parts of the world obtain licenses. In Lithuania, our company is represented by the team of lawyers specializing in cryptocurrency and corporate law.

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