Slovakia
Slovakia is a promising jurisdiction attracting crypto investors due to its simple regulation and transparent process of obtaining a cryptocurrency license.
In Slovakia, there are two options for obtaining a crypto license. You can obtain a license for providing electronic wallet services and a license for conducting cryptocurrency operations. The choice of license depends entirely on the nature of your business, and in both cases, establishing a local crypto company is required.
Requirements for registering a crypto company in Slovakia:
- Registered statutory capital of 5,000 euros.
- The director must have a European place of residence.
- Registered office in Slovakia with locally hired staff.
- Clean criminal record.
- The company must comply with KYC (Know Your Customer) policy.
- Unique company name (three options are recommended).
Documents required for obtaining a crypto license:
- Passports of beneficiaries and company directors.
- Proof of residence.
- Document certifying the absence of a criminal record.
- The applicant must provide audited financial statements for the previous three years.
- High school diploma. If the document was issued abroad, the owner must undergo a nostrification procedure that can take about 8-12 weeks.
- Detailed business plan, including operational structure and financial details.
- All documents must be translated into the Slovak language by a translator certified by the Ministry of Justice of the Slovak Republic.
The average timeframe for obtaining a cryptocurrency license in Slovakia is 3-4 months.
The IT OFFSHORE team is knowledgeable about the latest trends in the cryptocurrency market in Slovakia. We provide guidance and consultation at every stage of the license acquisition process.
If you need more detailed information or cost calculation, please contact our specialists. We will be happy to answer all your questions!
Ready-made companies with bank accounts
Or you've already got own business and there is a need to expand the scope of activities. To avoid the loss of time and effort to register juridical individuals, you can arrange a ready-made company. You will have a fully prepared company with a package of documents, which is mandatory for conducting a full-fledged activity.
Companies with licenses
Buying a ready-made company is the best option for operational business development in a new industry, as well as the need to expand the scope of the existing organization increase its scale. Acquisition of a company with mandatory permits and license means the ability to enter a new market in a short period of time.
Banks
Acquisition of a ready-made bank allows you to save time, as well as quickly carry out all reissuing operations. On average, the procedure takes about one day. As a result, the client becomes the head of the bank, which already has a client base, as well as status in the market and ready staff. Our company conducts all operations in accordance with existing legislation.
Funds
Investment fund is a modern investment tool designed for all types of assets. The purpose — managing of assets as well as solving number of tasks in a way that works best for individuals. There is no open subscription, meaning that a private investment fund has a closed structure. This is the most optimal solution for distributing capital through broad instruments.
SEMI for sale
When conducting business related to foreign exchange transactions, electronic money and cryptocurrencies, it may be necessary to open a financial company with a SEMI license. This type of license covers the production of debit cards and cryptocurrencies, the acceptance and sending of payments, the execution of transfers from third parties, and the opening of merchant accounts.
Crypto Offshore
When working with cryptocurrency it is important to choose the right country, where it is most profitable to open a company. Each country has a different attitude towards this type of currency. A country that has a loyal or positive attitude towards cryptocurrency can be called a crypto-offshore.
