MiCAR Crypto License in Lithuania

The MiCAR crypto license in Lithuania is a new regulatory standard that opens up broad opportunities for crypto companies to operate legally and transparently in the European Union. With the entry into force of the MiCAR Regulation, Lithuania confirms its status as one of the most attractive jurisdictions for activities related to digital assets.

Obtaining a license - up to 8 weeks.

Price:

Our company's specialists offer comprehensive support in obtaining a MiCAR crypto license in Lithuania. Preparation of a package of documents in accordance with laws and requirements. Full support at all stages of registration, legal support and prompt resolution of emerging issues.

Benefits of obtaining a MiCAR crypto license in Lithuania

• Opportunity to work in the EU market
• Opportunity to issue, exchange and transfer cryptocurrencies
• Access to the Lithuanian banking system
• Protection from legislative risks

Without a crypto license, it is impossible to conduct any operations with crypto assets. A license is required for anyone planning to legally work with cryptocurrency in the European Union.

Obtaining a MiCAR crypto license opens access to the EU single market, allowing companies to operate within a transparent and stable regulatory framework. Lithuania offers favorable conditions for crypto business, including fast licensing and a loyal tax system. In addition, a developed financial infrastructure and support from regulatory authorities make the country attractive for blockchain projects and crypto entrepreneurs.

Requirements

• compliance of software (SaaS) of CASP companies with information security standards and other standards of financial institutions in the EU;
• annual financial audit by a certified external auditor;
• equivalence of the director to the requirements of the Central Bank of Lithuania;
• compliance of the compliance specialist with the requirements of the Central Bank of Lithuania;
• office and management in the EU;
• insurance reserves, availability of AML policies.

After receiving a license, companies must maintain a minimum number of employees (in accordance with the requirements of the Central Bank) and support the IT infrastructure.

Stages

1. Obtaining information about your business, the desired result.
2. Compiling a list of recommendations and checkpoints for the project.
3. Collection and preparation of documents.
4. Review and adjustment of the business plan.
5. Search for candidates for the positions of director and compliance specialist.
6. Search for premises for an office, conclusion of a lease agreement.
7. Submitting an application for a MiCAR license.
8. Obtaining license documents and transferring them to you.

Additional services

Paid separately

• We provide support on opening non-resident companies and branches.
• We help open private and corporate bank accounts.
• We consult on confirming the source of origin of funds.
• We prepare financial and accounting reports.
• We support the process of passing compliance checks.
• We return funds from frozen accounts.