For example, the application cost of MSB license in the United States, Canadian license and Australian license is relatively low. Japan has the longest FSA application time and is not recommended.
Estonia has one of the most competitive tax policies in the world. Estonia does not levy a profit tax. Bitcoin and altcoins do not need to pay vat.
Can I apply? Two cryptocurrency licenses:
Official activity licenses of service providers who exchange legal tender for virtual (encrypted) currency, including exchange of laws and regulations for encryption, encryption to commands and encryption to encryption services. ? When providing
When a transaction is a commission service, it becomes an exchange service. In addition, most of them are oriented? ICO's company
Will benefit from this legal compliance license. ? Virtual (encrypted) money wallet service provider?
Wallet is a digital offline (cold wallet) and online tool (hot wallet) based on public key encryption, which is used for safe sending.
Send and receive cryptocurrency. The license covers the service of creating or saving private wallet keys, and the funds are owned by the user.
Does not belong to the service provider.
Both cryptocurrency licenses are issued by the Estonian Financial Intelligence Unit (FIU) and can be used separately or together. It takes about 30 days.
Materials to be submitted for applying for MSB license in the United States
1. Basic information of American companies;
1 company registration certificate
Articles of association or equivalent documents
3. Certificate of good reputation of the company established at least 1 year (annual review document).
4 EIN tax number of the company
2. Detailed personal data of shareholders and directors of American companies (scanned passports, personal phone numbers, addresses, etc.). )
Three. A brief overview of the exchange (which can be written by our company)
1 Services provided by the Exchange
2 Current operating status of the exchange (if the exchange is currently operating)
3 Exchange's customer base
Four. Service type, please refer to the MSB service type list.
Verb (abbreviation of verb) total transaction amount: List the financial products or services issued by MSB in the past 65,438+02 months with a total monthly transaction amount of more than 65,438+000,000 USD.
The registration process usually takes about four weeks.
Canada and Australia are similar to the United States. I hope I can help you.