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Cryptocurrency services in Estonia

Estonia is a paradise for crypto-business. 

Estonia is among the most crypto-friendly countries in the world.

Most of the well-known companies in the crypto industry are registered in Estonia.

Estonian cryptocurrency licence is one of the most accessible worldwide.

Watch the video with the expert (1:54 min)

Why Estonia?

A crypto-licence is an official document authorising cryptocurrency business in the country. New cryptocurrency platforms and marketplaces continue to appear and grow around the world at an intimidating pace. A significant part of large companies in this field have an Estonian licence. Estonia has earned such popularity in the crypto industry due to its simplified licensing procedure. Sowana is a reliable support for crypto startups:

Watch the video with the expert (4:17 min)

Benefits of Establishing a Crypto Project in Estonia

  • Estonia was the first EU country to recognize the cryptocurrency industry and implement legislative regulation for companies offering crypto services.
  • The country operates with a single license for cryptocurrency exchange and e-wallet services.
  • As an EU member state, Estonia allows businesses to expand operations to other European countries without requiring additional licenses.
  • The licensing process typically takes approximately 2 months from application submission to approval.
  • Competitive licensing costs compared to other EU jurisdictions.
  • Estonia’s 0% tax rate on reinvested profits enables companies to defer corporate income tax, provided profits are reinvested in business development or operations – an ideal solution for startups.

Sowana OÜ experts will prepare the complete documentation package required for obtaining a cryptocurrency operating license and provide full application support.

For all updates on crypto projects in Estonia, subscribe to our Telegram channel @EstoniaSowana and stay informed.

Message us at: +372 552 00 78

Or email: info@sowana.ee

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