Services

Lithuanian Crypto License

While obtaining a cryptocurrency exchange license in Estonia is becoming more and more difficult, Lithuania has stepped into the limelight as a potential alternative.

For companies which are looking to obtain a license for provision of virtual asset services, or, in simpler terms, a crypto license, Lithuania might be just the place for that. More about starting a crypto business in Lithuania can be found here.

Even though Lithuania is a member of the European Union, the process of registration as a crypto service provider is significantly easier than one would expect in comparison to other European jurisdictions.

We Will Help You Navigate the Lithuanian Crypto Regulations

Nomad Law will assist you with the company incorporation, preparation of the documentation and everything that is involved in the licensing process, from communication with the authorities to ongoing representation and maintenance of the crypto authorization. We will also aid in finding the right person to act as an AML officer and provide full, long-term company management services .

If you are already a VASP (virtual asset service provider) licensed in Lithuania or any other country and are looking to expand or relocate, Nomad Law will provide you with a personalized solution and a step-by-step plan how to do it.

The following services can be provided both separately and as a package:

Preparation and submission of the documents (notification) to the FCIS as well as representation in communication with the authorities

Preparation and submission of the documents required by the Centre of Registers

Preparation of the required AML/KYC and other relevant policies and/or review of the existing policies from another jurisdiction

Assistance with opening an operational account at an electronic money institution

Ongoing AML/KYC advisory and assistance in communication with the authorities

Assistance in finding an AML officer

Advisory on data privacy regulations and preparation of data privacy policies

Annual corporate governance (keeping corporate files up to date, managing the correspondence of the company, preparing required resolutions through the year, etc.)

Researching ways of starting your own cryptocurrency business? Trying to obtain a crypto exchange license or looking for alternatives? Already own a digital business and need to optimize it? Do not hesitate to contact us and we will turn your idea into reality.

Get started

Contact us at [email protected], by calling +971 56 591 0692 (UAE), +370 686 24426 (Lithuania/Europe) or drop us a message via our contact page. We will review your case and come back to you with potential solutions.

We look forward to speaking to you!

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Get started

Contact us at [email protected], by calling +971 56 591 0692 (UAE), +370 686 24426 (Lithuania/Europe) or drop us a message via our contact page. We will review your case and come back to you with potential solutions.

We look forward to speaking to you!

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United Arab Emirates

Nomad Advisory FZCO
Dubai Silicon Oasis, DDP
Building A2
Dubai, United Arab Emirates
+971 56 591 0692
[email protected]

Lithuania

UAB Nomad Law
J. Basanaviciaus str. 26
LT-03224
Vilnius, Lithuania
+370 686 24426
[email protected]

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