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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:- Registering a cryptocurrency company in Estonia – from 500 euros.
- Obtaining a cryptocurrency licence in Estonia – from 19,000 euros.
- Accounting support for crypto projects.
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.
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