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CASP License in Poland
The Markets in Crypto-Assets Regulation (MiCA) introduces a unified regulatory framework for crypto-assets across the European Union (EU), promoting legal certainty, investor protection, and market stability.
In Poland, CASP licenses under MiCA are issued by the Polish Financial Supervision Authority (KNF). This ensures full compliance with EU regulatory requirements. A CASP license obtained in Poland provides a solid legal foundation for conducting business throughout the European Union. In addition, it helps strengthen trust among banks and business partners.
4.9
(234 reviews)
4.9
(552 reviews)About the Service
"One of the core requirements under MiCA is obtaining a Crypto-Asset Service Provider (CASP) license, mandatory for businesses offering crypto asset services. This licensing ensures compliance with strict standards on governance, security, and anti-money laundering (AML), enabling licensed CASPs to operate seamlessly across all EU member states. Whether you are an emerging startup or an established operator, obtaining a CASP license is essential to access the EU’s vast and dynamic market for digital assets."
"In Poland, the Polish Financial Supervision Authority (KNF) is the competent authority responsible for supervising CASP licensing under MiCA. Companies that provide or intend to provide crypto-asset services in Poland must comply with both local implementation requirements and the EU-wide provisions of MiCA.Our company possesses in-depth knowledge of Polish legislation, ensuring that your compliance efforts are both efficient and effective.We will help your business meet regulatory requirements and unlock the potential of the EU crypto-asset market."
Key Numbers about a CASP License in Poland
Average term of obtaining CASP license after application submission
Capital requirements depend on the business model.
Minimum number of directors for a compliant CASP structure.
Applicable personal income tax range in Poland.
Standard corporate income tax rate.
Tax rate applied to investment income.
Legal Opinion about a CASP License in Poland
Obtaining a CASP license in Poland is essential for businesses offering crypto-asset services. Applicants must meet requirements, including robust AML/CFT compliance, a formal governance structure, and sufficient operational capital. Once licensed, CASPs must adhere to ongoing reporting obligations and maintain compliance with Polish and EU regulations. A CASP license enhances credibility and provides access to the EU market under a clear regulatory framework
Ganna Voievodina
Manimama, CEO
Types of Activities with a CASP License in Poland
Providing custody and administration of crypto-assets on behalf of clients
This service means safekeeping or controlling, on behalf of third parties, crypto-assets or the means of access to such crypto-assets, where applicable in the form of private cryptographic keys. Holdings of crypto-assets on behalf of the clients shall be segregated from CASP’s holdings.Operation of a trading platform for crypto-assets
This service contains of the management of one or more multilateral systems, which brings together or facilitates the bringing together of multiple third-party buying and selling interests for crypto-assets – in the system and in accordance with its rules – in a way that results in a contract, either by exchanging one crypto-asset for another, or a crypto-asset for funds.Exchange of crypto-assets for funds
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for funds by using proprietary capital.Exchange of crypto-assets for other crypto-assets
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for other crypto-assets by using proprietary capital.Execution of orders for crypto-assets on behalf of clients
This service means concluding agreements to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets on behalf of third parties and includes the conclusion of agreements to sell crypto-assets at the moment of their issuance.Placing of crypto-assets
This service includes the marketing, on behalf of or for the account of the offeror or of a party related to the offeror, of crypto-assets to purchasers. Before placing the crypto-assets a CASP shall obtain the agreement of the issuers or any third party acting on their behalf.Reception and transmission of orders for crypto-assets on behalf of clients
This service means the reception from a person of an order to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets and the transmission of that order to a third party for execution.Providing advice on crypto-assets
This service means offering, giving or agreeing to give personalized recommendations to a third party, either at the third party’s request or on the initiative of the a CASP providing the advice, in respect of one or more transactions relating to crypto-assets, or the use of crypto-asset services.Providing portfolio management on crypto-assets
This service includes managing portfolios in accordance with mandates given by clients on a discretionary client-by-client basis where such portfolios include one or more crypto-assets.Providing transfer services for crypto-assets on behalf of clients
This service means transfer, on behalf of a natural or legal person, crypto-assets from one distributed ledger address or account to another. Such service may be provided without virtual currency wallet opened for a CASP’s client.
Benefits of Obtaining a CASP License in Poland
Seamless cross-border operations within the EU
- A CASP license in Poland provides a strong foundation for passporting services across the European Economic Area (EEA).
- Adherence to EU compliance standards simplifies regulatory approvals in other member states.
Improved customer acquisition and retention
- A licensed status reassures clients about security, AML compliance, and fraud prevention.
- Investors and users prefer platforms that operate within a regulated framework, leading to higher conversion rates.
Access to a regulated and transparent market
- Compliance with Polish and European financial regulations helps build investor confidence.
- Compliance with KNF requirements ensures the transparency and security of operations.
Enhanced institutional trust and banking access
- Legitimacy under Polish and EU financial regulations enhances trust among investors.
- Compliance with KNF requirements ensures operational transparency and security.
Opportunities for institutional funding and partnerships
- Licensed companies find it easier to open and maintain bank accounts in Poland and across Europe.
- Regulatory recognition reduces the likelihood of banks classifying transactions as high-risk, improving financial operations.
Legal protection against regulatory uncertainty
- A clear regulatory framework protects businesses from abrupt legal changes and market restrictions.
- Companies with a CASP license face lower risks of operational shutdowns due to non-compliance.
Our services
Clear overview of key services, with simple descriptions and strong CTAs that help users quickly scan options and take action
Step 1
Incorporation stage
- Company formation in Poland
- Provision of a registered address for 1 year
- Opening corporate bank account and transferring the share capital
- Appointment and employment of a local director
- Detailed company structure documentation
Step 2
Pre-licensing stage
- Preparation and submission legal and financial documents (non-exhaustive list) according to MiCA
- Review of existing policies and procedures, if the company already has them
Step 3
Licensing stage
- CASP license application assistance
- Conducting communication with the KNF during the license process
Our Experts in This Area
Yuliia Kravchenko
Head of Licensing & Advisory
Step by step description
Name Selection and Availability Check
Verification and reservation of a compliant company name that meets jurisdictional requirements, avoids registration conflicts, and aligns with brand positioning and business strategy.
Document Preparation and Collection
Preparation, collection, and verification of all required corporate and personal documentation, ensuring accuracy, completeness, and compliance with local regulations and international standards.
Regulatory Review and Approval
Support throughout the regulatory review process, including communication with authorities, handling of additional requests, and maintaining application progress without delays.
Legal Structure and Ownership Model
Definition of the optimal corporate structure and ownership model, including limited liability, holding, or joint stock options, with full alignment to business goals, tax efficiency, and regulatory requirements.
Company Registration Process
Management of the full incorporation process, including document submission, coordination with authorities, and follow-up to ensure smooth and timely registration.
Licensing, Tax Setup, and Compliance
Completion of all required approvals, tax registration setup, and establishment of a compliance framework to support ongoing operations, reporting, and long-term stability.
Polish National Legislation
To operate under MiCA in Poland, it is vital to understand the key legal framework, licensing rules, relevant timelines, and regulatory requirements
Regulation
"MiCA applies directly in Poland and is supplemented by regulatory provisions adopted by the Polish Financial Supervision Authority (KNF).It defines the supervisory powers of the KNF, including the authority to issue directives, suspend the provision of services, and enforce compliance with CASP requirements. In addition, the legislation establishes administrative sanctions, reporting obligations, and procedural rules aimed at ensuring compliance with supervisory standards and EU regulatory requirements."
Licensing Authority
The Polish Financial Supervision Authority (KNF) is the competent authority responsible for the supervision and licensing of Crypto-Asset Service Providers (CASPs) in Poland. The KNF ensures that entities comply with the requirements of both MiCA and the applicable national legislation. It provides regulatory guidance, monitors compliance with regulatory requirements, and is empowered to grant or revoke licenses for crypto-asset service providers operating in Poland.
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Procedure, timelines, fees:
"Following the full application of MiCA after 30 December 2024, the KNF assesses within 25 working days whether the application includes all required information, without evaluating its quality at this stage. If information is missing, the applicant may be asked to supplement it within a set deadline. Once the missing information, if any, is provided, the KNF then has 40 working days to conduct a qualitative assessment.
During the qualitative assessment period, the KNF may request additional clarifications; however, only the first such request can suspend the 40 working day period for up to 20 working days.
Finally, the authorisation procedure is subject to a fee under the applicable Polish administrative fees, and if the application is approved, additional fees imposed by the Polish competent authorities may apply."
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Transition Period
Under Poland’s MiCA transitional framework, existing VASPs have a 12-month transition period to comply with MiCA provisions. Specifically, VASPs registered with KNF for AML purposes before December 30, 2024 are permitted to continue their operations until December 31, 2025. Within this period, these entities must obtain authorization under MiCA to continue their services beyond the transitional phase. This approach reflects Poland's commitment to aligning its national regulatory framework with MiCA provisions promptly.
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Requirements for Obtaining a CASP License in Poland
Key regulatory requirements for obtaining a CASP license in Poland, including requirements related to organizational structure (such as company formation and governance), minimum capital thresholds, and necessary documentation (such as policies and AML procedures)
Requirements for key persons
-
Senior managers (directors):
- Number: MICA does not specify a minimum and maximum number of directors. However, MICA states (part 2, article 59) that there shall be at least several directors.
- Residency requirements: At least one director must be an EU resident.
- General requirements: Directories must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- a detailed CV
- statements on time commitment and past professional conduct
-
Shareholders:
- Number: MICA does not specify a minimum and maximum number of shareholders.
- Residency requirements: There is no restriction.
- General requirements: Shareholders must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- an ownership structure chart
Capital Requirements
Capital requirements vary depending on what services the company will provide:
Class 1: A CASP authorized for the following crypto-asset services:- execution of orders on behalf of clients
- placing of crypto-assets
- providing transfer services for crypto-assets on behalf of clients
- reception and transmission of orders for crypto-assets on behalf of clients
- providing advice on crypto-assets and/or
- providing portfolio management on crypto-assets
Minimum capital requirements - €50,000.
- providing custody and administration of crypto-assets on behalf of clients
- exchange of crypto-assets for funds and/or
- exchange of crypto-assets for other crypto-assets
Minimum capital requirements - €125,000.
- operation of a trading platform for crypto-assets.
Minimum capital requirements - €150,000.
Documentation Requirements
There are list of documents that must be submitted with the application:
-
Documents required for all CASPs:
- The articles of association of the applicant CASP
- Identity and proof of good repute, knowledge, skills, experience and of sufficient time commitment of the members of the management body
- Information relating to shareholders or members with qualifying holdings
- A program of operations setting out the types of crypto-asset services that the applicant CASP wishes to provide, including where and how these services are to be marketed
- A description of the applicant CASP’s prudential safeguards (insurance policy)
- A description of the applicant CASP’s governance arrangements and internal control mechanisms
- A description of the applicant CASP’s business continuity plan
- Detection and prevention of money laundering and terrorist financing (full packet of policies)
- Descriptions both in technical and non-technical language of applicant CASP’s IT systems and security arrangements
- A description of the applicant CASP’s procedures to handle complaints from clients
- Documents required in case CASP wishes to offer services in other countries:
- List of EU countries where the company wishes to offer its services
- Documents required for certain services (each of the 10 services requires its own documents):
- Custody and administration policy
- A description of the procedure for the segregation of client’s crypto-assets and fund
- The operating rules of the trading platform and market abuse detection
- Information on the exchange of crypto-assets for funds or other crypto-assets (commercial policy)
- The execution policy
- Information on the provision of advice or portfolio management on crypto-assets
- Information on transfer services
Taxes in Poland
Discover the main taxes affecting businesses and individuals in Poland, including key corporate, capital gains, and personal income tax rates, essential rules, and basic compliance requirements.
Corporate Income Tax (CIT)
"The standard corporate income tax rate in Poland is 19%.A reduced corporate income tax rate of 9% may apply to small taxpayers and certain start-ups that meet the statutory criteria.Companies in Poland are generally subject to corporate income tax on their worldwide income if they are tax residents of Poland.Corporate income tax returns are generally filed electronically through the Polish tax authorities’ online system.In Poland, the taxation of crypto-assets depends on the nature of the activity and the applicable Polish tax rules."
Capital Gains Tax (CGT)
"Income derived from crypto-assets in Poland is generally subject to a flat tax rate of 19%.Taxation typically applies when crypto-assets are exchanged for fiat currency, goods, services, or property rights.Transactions between cryptocurrencies are generally not taxable until they are converted into fiat currency or another taxable event occurs."
Personal Income Tax (PIT)
"All individuals who are tax residents of Poland are generally subject to Polish personal income tax on their worldwide income. Non-residents may also be subject to tax on certain income derived from sources in Poland.Poland applies a progressive personal income tax scale:Up to PLN 120,000 — 12%
Above PLN 120,000 — 32%Depending on the taxpayer’s circumstances, additional social security contributions may also apply."
Clients confirm our quality
“They helped create the board, adjust the entire corporate structure, adding the necessary legal entities”
Manimama prepared our project for MiCA. And they didn't just make the documents, they helped create the board, adjust the entire corporate structure, adding the necessary legal entities, conclude contracts between them, create a consistent picture of all providers and elements, without which our application would not have been so complete.
in1t | CLO
“Thank you for your expertise and patience!”
Before signing the contract, we made six rounds of negotiations, because my client had a lot of questions that concerned the technical infrastructure, the board creation, and the formation of the authorized capital. We got the most complete picture, which allowed us to choose this provider. Thank you for your expertise and patience!
“It is the comprehensive approach that they use and the willingness to help with any issue”
During the preparation of documents for MiCA, Manimama advised us on labor, administrative, and corporate law. Usually, providers do not do this, strictly limiting the list of works that they do under the contract. It is the comprehensive approach that they use and the willingness to help with any issue that arises along the way that attracts us as a client.
AddUps | CLO
FAQ
Mandatory authorization by KNF enabling EU-wide services
Polish Financial Supervision Authority (KNF)
Custody, trading, exchange (fiat/crypto & crypto/crypto), execution, placement, transmission, advisory, portfolio management, transfers
EU legal entity, Polish office, 2+ fit-and-proper managers (1 EU), €50k–€150k capital, AML/KYC + governance, DORA compliance, full documentation
Yes, physical office required (no virtual offices)
€50k / €125k / €150k depending on services
Incorporate entity, prepare docs, submit to KNF, 25d completeness + 40d review, several months total
~4–6 months review; ~6–9 months total including preparation
~€4.5k application, €50k–€150k capital, 0.4–0.5% annual fee + operational/legal costs
2+ qualified managers, EU resident director, full-time oversight, responsible for governance, compliance, risk, AML, IT security
No, only legal entities (e.g. sp. z o.o., S.A., P.S.A.)
Expert knowledge
Ready to move forward? Let's get started today
Tell us what you want to create. We will prepare a legal structure that ensures its implementation
CASP License in Sweden
The Markets in Crypto-Assets Regulation (MiCA) introduces a unified regulatory framework for crypto-assets across the European Union (EU), promoting legal certainty, investor protection, and market stability.
In Sweden, the Swedish Financial Supervisory Authority (Finansinspektionen) is responsible for supervising the issuance of CASP licenses under MiCA. This ensures full compliance with EU regulatory requirements. A CASP license obtained in Sweden provides a solid legal foundation for conducting business throughout the European Union. In addition, it helps strengthen trust among banks and business partners.
4.9
(234 reviews)
4.9
(552 reviews)About the Service
"One of the core requirements under MiCA is obtaining a Crypto-Asset Service Provider (CASP) license, mandatory for businesses offering crypto-asset services. This licensing ensures compliance with strict standards on governance, security, and anti-money laundering (AML), enabling licensed CASPs to operate seamlessly across all EU member states. Whether you are an emerging startup or an established operator, obtaining a CASP license is essential to access the EU’s vast and dynamic market for digital assets."
"In Sweden, the Swedish Financial Supervisory Authority (Finansinspektionen) is the competent authority responsible for supervising CASP licensing under MiCA. Companies that provide or intend to provide crypto-asset services in Sweden must comply with local implementation requirements in addition to the MiCA provisions applicable throughout the European Union.Our company possesses in-depth knowledge of Swedish legislation, ensuring that your compliance efforts are both efficient and effective.We will help your business meet regulatory requirements and unlock the potential of the EU crypto-asset market."
Key Numbers about a CASP License in Sweden
Average term of obtaining CASP license after application submission
Capital requirements depend on the business model.
Minimum number of directors for a compliant CASP structure.
Applicable personal income tax range in Sweden.
Standard corporate income tax rate.
Capital gains tax (CGT) rate
Legal Opinion about a CASP License in Sweden
Obtaining a CASP license in Sweden is essential for businesses offering crypto-asset services. Applicants must meet requirements, including robust AML/CFT compliance, a formal governance structure, and sufficient operational capital. Once licensed, CASPs must adhere to ongoing reporting obligations and maintain compliance with Swedish and EU regulations. A CASP license enhances credibility and provides access to the EU market under a clear regulatory framework
Ganna Voievodina
Manimama, CEO
Types of Activities with a CASP License in Sweden
Providing custody and administration of crypto-assets on behalf of clients
This service means safekeeping or controlling, on behalf of third parties, crypto-assets or the means of access to such crypto-assets, where applicable in the form of private cryptographic keys. Holdings of crypto-assets on behalf of the clients shall be segregated from CASP’s holdings.Operation of a trading platform for crypto-assets
This service contains of the management of one or more multilateral systems, which brings together or facilitates the bringing together of multiple third-party buying and selling interests for crypto-assets – in the system and in accordance with its rules – in a way that results in a contract, either by exchanging one crypto-asset for another, or a crypto-asset for funds.Exchange of crypto-assets for funds
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for funds by using proprietary capital.Exchange of crypto-assets for other crypto-assets
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for other crypto-assets by using proprietary capital.Execution of orders for crypto-assets on behalf of clients
This service means concluding agreements to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets on behalf of third parties and includes the conclusion of agreements to sell crypto-assets at the moment of their issuance.Placing of crypto-assets
This service includes the marketing, on behalf of or for the account of the offeror or of a party related to the offeror, of crypto-assets to purchasers. Before placing the crypto-assets a CASP shall obtain the agreement of the issuers or any third party acting on their behalf.Reception and transmission of orders for crypto-assets on behalf of clients
This service means the reception from a person of an order to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets and the transmission of that order to a third party for execution.Providing advice on crypto-assets
This service means offering, giving or agreeing to give personalized recommendations to a third party, either at the third party’s request or on the initiative of the a CASP providing the advice, in respect of one or more transactions relating to crypto-assets, or the use of crypto-asset services.Providing portfolio management on crypto-assets
This service includes managing portfolios in accordance with mandates given by clients on a discretionary client-by-client basis where such portfolios include one or more crypto-assets.Providing transfer services for crypto-assets on behalf of clients
This service means transfer, on behalf of a natural or legal person, crypto-assets from one distributed ledger address or account to another. Such service may be provided without virtual currency wallet opened for a CASP’s client.
Benefits of Obtaining a CASP License in Sweden
Seamless cross-border operations within the EU
- A CASP license in Sweden provides a strong foundation for passporting services across the European Economic Area (EEA).
- Adherence to EU compliance standards simplifies regulatory approvals in other member states.
Improved customer acquisition and retention
- A licensed status reassures clients about security, AML compliance, and fraud prevention.
- Investors and users prefer platforms that operate within a regulated framework, leading to higher conversion rates.
Access to a regulated and transparent market
- Compliance with Swedish and European financial regulations helps build investor confidence.
- Compliance with Finansinspektionen requirements ensures the transparency and security of operations.
Enhanced institutional trust and banking access
- Legitimacy under Swedish and EU financial regulations enhances trust among investors.
- Compliance with the Finansinspektionen ensures operational transparency and security.
Opportunities for institutional funding and partnerships
- Licensed companies find it easier to open and maintain bank accounts in Sweden and across Europe.
- Regulatory recognition reduces the likelihood of banks classifying transactions as high-risk, improving financial operations.
Legal protection against regulatory uncertainty
- A clear regulatory framework protects businesses from abrupt legal changes and market restrictions.
- Companies with a CASP license face lower risks of operational shutdowns due to non-compliance.
Step by Step Description
Clear overview of key services, with simple descriptions and strong CTAs that help users quickly scan options and take action
Step 1
Incorporation stage
- Company formation in Sweden
- Provision of a registered address for 1 year
- Opening corporate bank account and transferring the share capital
- Appointment and employment of a local director
- Detailed company structure documentation
Step 2
Pre-licensing stage
- Preparation and submission legal and financial documents (non-exhaustive list) according to MiCA
- Review of existing policies and procedures, if the company already has them
Step 3
Licensing stage
- CASP license application assistance
- Conducting communication with the FSA during the license process
Our Experts in This Area
Yuliia Kravchenko
Head of Licensing & Advisory
Step by step description
Name Selection and Availability Check
Verification and reservation of a compliant company name that meets jurisdictional requirements, avoids registration conflicts, and aligns with brand positioning and business strategy.
Document Preparation and Collection
Preparation, collection, and verification of all required corporate and personal documentation, ensuring accuracy, completeness, and compliance with local regulations and international standards.
Regulatory Review and Approval
Support throughout the regulatory review process, including communication with authorities, handling of additional requests, and maintaining application progress without delays.
Legal Structure and Ownership Model
Definition of the optimal corporate structure and ownership model, including limited liability, holding, or joint stock options, with full alignment to business goals, tax efficiency, and regulatory requirements.
Company Registration Process
Management of the full incorporation process, including document submission, coordination with authorities, and follow-up to ensure smooth and timely registration.
Licensing, Tax Setup, and Compliance
Completion of all required approvals, tax registration setup, and establishment of a compliance framework to support ongoing operations, reporting, and long-term stability.
Swedish National Legislation
To operate under MiCA in Sweden, it is vital to understand the key legal framework, licensing rules, relevant timelines, and regulatory requirements
Regulation
"MiCA applies directly in Sweden and is supplemented by regulatory provisions adopted by the Swedish Financial Supervisory Authority (Finansinspektionen).It defines the supervisory powers of Finansinspektionen, including the authority to issue directives, suspend the provision of services, and enforce compliance with CASP requirements. In addition, the legislation establishes administrative sanctions, reporting obligations, and procedural rules aimed at ensuring compliance with supervisory standards and EU regulatory requirements."
Licensing Authority
The Swedish Financial Supervisory Authority (Finansinspektionen) is the competent authority responsible for the supervision and licensing of Crypto-Asset Service Providers (CASPs) in Sweden. Finansinspektionen ensures that entities comply with the requirements of both MiCA and the applicable national legislation. It provides regulatory guidance, monitors compliance with regulatory requirements, and is empowered to grant or revoke licenses for crypto-asset service providers operating in Sweden.
Procedure, timelines, fees:
"Following the full application of MiCA after 30 December 2024, the Finansinspektionen assesses within 25 working days whether the application includes all required information, without evaluating its quality at this stage. If information is missing, the applicant may be asked to supplement it within a set deadline. Once the missing information, if any, is provided, the Finansinspektionen then has 40 working days to conduct a qualitative assessment.
During the qualitative assessment period, the Finansinspektionen may request additional clarifications; however, only the first such request can suspend the 40 working day period for up to 20 working days.
Finally, the authorisation procedure is subject to a fee under the applicable Swedish administrative fees, and if the application is approved, additional fees imposed by the Swedish competent authorities may apply."
Transition Period
Under Sweden’s MiCA transitional framework, existing VASPs have a 12-month transition period to comply with MiCA provisions. Specifically, VASPs registered with the Finansinspektionen for AML purposes before December 30, 2024 are permitted to continue their operations until December 31, 2025. Within this period, these entities must obtain authorization under MiCA to continue their services beyond the transitional phase. This approach reflects Sweden's commitment to aligning its national regulatory framework with MiCA provisions promptly.
Requirements for Obtaining a CASP License in Sweden
Key regulatory requirements for obtaining a CASP license in Sweden, including requirements related to organizational structure (such as company formation and governance), minimum capital thresholds, and necessary documentation (such as policies and AML procedures)
Requirements for key persons
-
Senior managers (directors):
- Number: MICA does not specify a minimum and maximum number of directors. However, MICA states (part 2, article 59) that there shall be at least several directors.
- Residency requirements: At least one director must be an EU resident.
- General requirements: Directories must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- a detailed CV
- statements on time commitment and past professional conduct
-
Shareholders:
- Number: MICA does not specify a minimum and maximum number of shareholders.
- Residency requirements: There is no restriction.
- General requirements: Shareholders must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- an ownership structure chart
Capital Requirements
Capital requirements vary depending on what services the company will provide:
Class 1: A CASP authorized for the following crypto-asset services:- execution of orders on behalf of clients
- placing of crypto-assets
- providing transfer services for crypto-assets on behalf of clients
- reception and transmission of orders for crypto-assets on behalf of clients
- providing advice on crypto-assets and/or
- providing portfolio management on crypto-assets
Minimum capital requirements - €50,000.
- providing custody and administration of crypto-assets on behalf of clients
- exchange of crypto-assets for funds and/or
- exchange of crypto-assets for other crypto-assets
Minimum capital requirements - €125,000.
- operation of a trading platform for crypto-assets.
Minimum capital requirements - €150,000.
Documentation Requirements
There are list of documents that must be submitted with the application:
-
Documents required for all CASPs:
- The articles of association of the applicant CASP
- Identity and proof of good repute, knowledge, skills, experience and of sufficient time commitment of the members of the management body
- Information relating to shareholders or members with qualifying holdings
- A program of operations setting out the types of crypto-asset services that the applicant CASP wishes to provide, including where and how these services are to be marketed
- A description of the applicant CASP’s prudential safeguards (insurance policy)
- A description of the applicant CASP’s governance arrangements and internal control mechanisms
- A description of the applicant CASP’s business continuity plan
- Detection and prevention of money laundering and terrorist financing (full packet of policies)
- Descriptions both in technical and non-technical language of applicant CASP’s IT systems and security arrangements
- A description of the applicant CASP’s procedures to handle complaints from clients
- Documents required in case CASP wishes to offer services in other countries:
- List of EU countries where the company wishes to offer its services
- Documents required for certain services (each of the 10 services requires its own documents):
- Custody and administration policy
- A description of the procedure for the segregation of client’s crypto-assets and fund
- The operating rules of the trading platform and market abuse detection
- Information on the exchange of crypto-assets for funds or other crypto-assets (commercial policy)
- The execution policy
- Information on the provision of advice or portfolio management on crypto-assets
- Information on transfer services
Taxes in Sweden
Discover the main taxes affecting businesses and individuals in Sweden, including key corporate, capital gains, and personal income tax rates, essential rules, and basic compliance requirements.
Corporate Income Tax (CIT)
"The standard corporate income tax rate in Sweden is 20.6%.Companies in Sweden are generally subject to corporate income tax on their worldwide income if they are tax residents of Sweden.Corporate income tax returns are generally filed electronically through the Swedish Tax Agency’s online system.In Sweden, the taxation of crypto-assets depends on the nature of the activity and the applicable Swedish tax rules."
Capital Gains Tax (CGT)
"Capital gains derived from crypto-assets in Sweden are generally subject to taxation under the applicable personal or corporate income tax regime.The tax treatment depends on the nature of the activity, the holding period of the assets, and the taxpayer’s status.Transactions between cryptocurrencies may not be taxable until conversion into fiat currency or the occurrence of another taxable event."
Personal Income Tax (PIT)
"All individuals who are tax residents of Sweden are generally subject to Swedish personal income tax on their worldwide income. Non-residents may also be subject to tax on certain income derived from sources in Sweden.In Sweden, progressive personal income tax rates may reach approximately 52%, depending on the taxpayer’s level of income and municipality of residence.Depending on the taxpayer’s circumstances, additional social security contributions may also apply."
Clients confirm our quality
“They helped create the board, adjust the entire corporate structure, adding the necessary legal entities”
Manimama prepared our project for MiCA. And they didn't just make the documents, they helped create the board, adjust the entire corporate structure, adding the necessary legal entities, conclude contracts between them, create a consistent picture of all providers and elements, without which our application would not have been so complete.
in1t | CLO
“Thank you for your expertise and patience!”
Before signing the contract, we made six rounds of negotiations, because my client had a lot of questions that concerned the technical infrastructure, the board creation, and the formation of the authorized capital. We got the most complete picture, which allowed us to choose this provider. Thank you for your expertise and patience!
“It is the comprehensive approach that they use and the willingness to help with any issue”
During the preparation of documents for MiCA, Manimama advised us on labor, administrative, and corporate law. Usually, providers do not do this, strictly limiting the list of works that they do under the contract. It is the comprehensive approach that they use and the willingness to help with any issue that arises along the way that attracts us as a client.
AddUps | CLO
FAQ
MiCA license issued in Sweden allowing companies to provide crypto services EU-wide
Issued by Finansinspektionen (Swedish FSA)
Requires EU entity, €50k–€150k capital, Swedish office, qualified management, and strong compliance framework
Yes, a physical office in Sweden is required
Yes, €50k / €125k / €150k depending on services
Set up entity, prepare documentation, submit to regulator, 25-day check + 40-day review
Typically 3–6 months, may extend if additional info is requested
Application fees ~€12k–€61k plus ongoing regulatory, legal, and compliance costs
Management must be fit and proper and ensure governance, AML/CFT, and operational resilience
Only companies can apply, not individuals
Expert knowledge
Ready to move forward? Let's get started today
Tell us what you want to create. We will prepare a legal structure that ensures its implementation
CASP License in Malta
The Markets in Crypto-Assets Regulation (MiCA) introduces a unified regulatory framework for crypto-assets across the European Union (EU), promoting legal certainty, investor protection, and market stability.
In Malta, the Malta Financial Services Authority (MFSA) is responsible for supervising the issuance of CASP licenses under MiCA. This ensures full compliance with EU regulatory requirements. A CASP license obtained in Malta provides a solid legal foundation for conducting business throughout the European Union. In addition, it helps strengthen trust among banks and business partners.
4.9
(234 reviews)
4.9
(552 reviews)About the Service
"One of the core requirements under MiCA is obtaining a Crypto-Asset Service Provider (CASP) license, mandatory for businesses offering crypto-asset services. This licensing ensures compliance with strict standards on governance, security, and anti-money laundering (AML), enabling licensed CASPs to operate seamlessly across all EU member states. Whether you are an emerging startup or an established operator, obtaining a CASP license is essential to access the EU’s vast and dynamic market for digital assets."
"In Malta, the Malta Financial Services Authority (MFSA) is the competent authority responsible for supervising CASP licensing under MiCA. Companies that provide or intend to provide crypto-asset services in Malta must comply with both local implementation requirements and the EU-wide provisions of MiCA.Our company possesses in-depth knowledge of Maltese legislation, ensuring that your compliance efforts are both efficient and effective.We will help your business meet regulatory requirements and unlock the potential of the EU crypto-asset market."
Key Numbers about a CASP License in Malta
Average term of obtaining CASP license after application submission
Capital requirements depend on the business model.
Minimum number of directors for a compliant CASP structure.
Applicable personal income tax range in Malta.
Standard corporate income tax rate.
Tax rate applied to investment income.
Legal Opinion about a CASP License in Malta
Obtaining a CASP license in Malta is essential for businesses offering crypto-asset services. Applicants must meet requirements, including robust AML/CFT compliance, a formal governance structure, and sufficient operational capital. Once licensed, CASPs must adhere to ongoing reporting obligations and maintain compliance with Maltese and EU regulations. A CASP license enhances credibility and provides access to the EU market under a clear regulatory framework
Ganna Voievodina
Manimama, CEO
Types of Activities with a CASP License in Malta
Providing custody and administration of crypto-assets on behalf of clients
This service means safekeeping or controlling, on behalf of third parties, crypto-assets or the means of access to such crypto-assets, where applicable in the form of private cryptographic keys. Holdings of crypto-assets on behalf of the clients shall be segregated from CASP’s holdings.Operation of a trading platform for crypto-assets
This service contains of the management of one or more multilateral systems, which brings together or facilitates the bringing together of multiple third-party buying and selling interests for crypto-assets – in the system and in accordance with its rules – in a way that results in a contract, either by exchanging one crypto-asset for another, or a crypto-asset for funds.Exchange of crypto-assets for funds
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for funds by using proprietary capital.Exchange of crypto-assets for other crypto-assets
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for other crypto-assets by using proprietary capital.Execution of orders for crypto-assets on behalf of clients
This service means concluding agreements to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets on behalf of third parties and includes the conclusion of agreements to sell crypto-assets at the moment of their issuance.Placing of crypto-assets
This service includes the marketing, on behalf of or for the account of the offeror or of a party related to the offeror, of crypto-assets to purchasers. Before placing the crypto-assets a CASP shall obtain the agreement of the issuers or any third party acting on their behalf.Reception and transmission of orders for crypto-assets on behalf of clients
This service means the reception from a person of an order to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets and the transmission of that order to a third party for execution.Providing advice on crypto-assets
This service means offering, giving or agreeing to give personalized recommendations to a third party, either at the third party’s request or on the initiative of the a CASP providing the advice, in respect of one or more transactions relating to crypto-assets, or the use of crypto-asset services.Providing portfolio management on crypto-assets
This service includes managing portfolios in accordance with mandates given by clients on a discretionary client-by-client basis where such portfolios include one or more crypto-assets.Providing transfer services for crypto-assets on behalf of clients
This service means transfer, on behalf of a natural or legal person, crypto-assets from one distributed ledger address or account to another. Such service may be provided without virtual currency wallet opened for a CASP’s client.
Benefits of Obtaining a CASP License in Malta
Seamless cross-border operations within the EU
- A CASP license in Malta provides a strong foundation for passporting services across the European Economic Area (EEA).
- Adherence to EU compliance standards simplifies regulatory approvals in other member states.
Improved customer acquisition and retention
- A licensed status reassures clients about security, AML compliance, and fraud prevention.
- Investors and users prefer platforms that operate within a regulated framework, leading to higher conversion rates.
Access to a regulated and transparent market
- Compliance with Maltese and European financial regulations helps build investor confidence.
- Compliance with MFSA requirements ensures the transparency and security of operations.
Enhanced institutional trust and banking access
- Legitimacy under Maltese and EU financial regulations enhances trust among investors.
- Compliance with the MFSA ensures operational transparency and security.
Opportunities for institutional funding and partnerships
- Licensed companies find it easier to open and maintain bank accounts in Malta and across Europe.
- Regulatory recognition reduces the likelihood of banks classifying transactions as high-risk, improving financial operations.
Legal protection against regulatory uncertainty
- A clear regulatory framework protects businesses from abrupt legal changes and market restrictions.
- Companies with a CASP license face lower risks of operational shutdowns due to non-compliance.
Step by Step Description
Clear overview of key services, with simple descriptions and strong CTAs that help users quickly scan options and take action
Step 1
Incorporation stage
- Company formation in Malta
- Provision of a registered address for 1 year
- Opening corporate bank account and transferring the share capital
- Appointment and employment of a local director
- Detailed company structure documentation
Step 2
Pre-licensing stage
- Preparation and submission legal and financial documents (non-exhaustive list) according to MiCA
- Review of existing policies and procedures, if the company already has them
Step 3
Licensing stage
- CASP license application assistance
- Conducting communication with the MFSA during the license process
Our Experts in This Area
Yuliia Kravchenko
Head of Licensing & Advisory
Step by step description
Name Selection and Availability Check
Verification and reservation of a compliant company name that meets jurisdictional requirements, avoids registration conflicts, and aligns with brand positioning and business strategy.
Document Preparation and Collection
Preparation, collection, and verification of all required corporate and personal documentation, ensuring accuracy, completeness, and compliance with local regulations and international standards.
Regulatory Review and Approval
Support throughout the regulatory review process, including communication with authorities, handling of additional requests, and maintaining application progress without delays.
Legal Structure and Ownership Model
Definition of the optimal corporate structure and ownership model, including limited liability, holding, or joint stock options, with full alignment to business goals, tax efficiency, and regulatory requirements.
Company Registration Process
Management of the full incorporation process, including document submission, coordination with authorities, and follow-up to ensure smooth and timely registration.
Licensing, Tax Setup, and Compliance
Completion of all required approvals, tax registration setup, and establishment of a compliance framework to support ongoing operations, reporting, and long-term stability.
Maltese National Legislation
To operate under MiCA in Malta, it is vital to understand the key legal framework, licensing rules, relevant timelines, and regulatory requirements
Regulation
"MiCA applies directly in Malta and is supplemented by regulatory provisions adopted by the Malta Financial Services Authority (MFSA).It defines the supervisory powers of the MFSA, including the authority to issue directives, suspend the provision of services, and enforce compliance with CASP requirements. In addition, the legislation establishes administrative sanctions, reporting obligations, and procedural rules aimed at ensuring compliance with supervisory standards and EU regulatory requirements."
Licensing Authority
The Malta Financial Services Authority (MFSA) is the competent authority responsible for the supervision and licensing of Crypto-Asset Service Providers (CASPs) in Malta. The MFSA ensures that entities comply with the requirements of both MiCA and the applicable national legislation. It provides regulatory guidance, monitors compliance with regulatory requirements, and is empowered to grant or revoke licenses for crypto-asset service providers operating in Malta.
Procedure, timelines, fees:
"Following the full application of MiCA after 30 December 2024, the MFSA assesses within 25 working days whether the application includes all required information, without evaluating its quality at this stage. If information is missing, the applicant may be asked to supplement it within a set deadline. Once the missing information, if any, is provided, the MFSA then has 40 working days to conduct a qualitative assessment.
During the qualitative assessment period, the MFSA may request additional clarifications; however, only the first such request can suspend the 40 working day period for up to 20 working days.
Finally, the authorisation procedure is subject to a fee under the applicable Maltese administrative fees, and if the application is approved, additional fees imposed by the Maltese competent authorities may apply."
Transition Period
Under Malta’s MiCA transitional framework, existing VASPs have a 12-month transition period to comply with MiCA provisions. Specifically, VASPs registered with the MFSA for AML purposes before December 30, 2024 are permitted to continue their operations until December 31, 2025. Within this period, these entities must obtain authorization under MiCA to continue their services beyond the transitional phase. This approach reflects Malta's commitment to aligning its national regulatory framework with MiCA provisions promptly.
Requirements for Obtaining a CASP License in Malta
Key regulatory requirements for obtaining a CASP license in Malta, including requirements related to organizational structure (such as company formation and governance), minimum capital thresholds, and necessary documentation (such as policies and AML procedures)
Requirements for key persons
-
Senior managers (directors):
- Number: MICA does not specify a minimum and maximum number of directors. However, MICA states (part 2, article 59) that there shall be at least several directors.
- Residency requirements: At least one director must be an EU resident.
- General requirements: Directories must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- a detailed CV
- statements on time commitment and past professional conduct
-
Shareholders:
- Number: MICA does not specify a minimum and maximum number of shareholders.
- Residency requirements: There is no restriction.
- General requirements: Shareholders must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- an ownership structure chart
Capital Requirements
Capital requirements vary depending on what services the company will provide:
Class 1: A CASP authorized for the following crypto-asset services:- execution of orders on behalf of clients
- placing of crypto-assets
- providing transfer services for crypto-assets on behalf of clients
- reception and transmission of orders for crypto-assets on behalf of clients
- providing advice on crypto-assets and/or
- providing portfolio management on crypto-assets
Minimum capital requirements - €50,000.
- providing custody and administration of crypto-assets on behalf of clients
- exchange of crypto-assets for funds and/or
- exchange of crypto-assets for other crypto-assets
Minimum capital requirements - €125,000.
- operation of a trading platform for crypto-assets.
Minimum capital requirements - €150,000.
Documentation Requirements
There are list of documents that must be submitted with the application:
-
Documents required for all CASPs:
- The articles of association of the applicant CASP
- Identity and proof of good repute, knowledge, skills, experience and of sufficient time commitment of the members of the management body
- Information relating to shareholders or members with qualifying holdings
- A program of operations setting out the types of crypto-asset services that the applicant CASP wishes to provide, including where and how these services are to be marketed
- A description of the applicant CASP’s prudential safeguards (insurance policy)
- A description of the applicant CASP’s governance arrangements and internal control mechanisms
- A description of the applicant CASP’s business continuity plan
- Detection and prevention of money laundering and terrorist financing (full packet of policies)
- Descriptions both in technical and non-technical language of applicant CASP’s IT systems and security arrangements
- A description of the applicant CASP’s procedures to handle complaints from clients
- Documents required in case CASP wishes to offer services in other countries:
- List of EU countries where the company wishes to offer its services
- Documents required for certain services (each of the 10 services requires its own documents):
- Custody and administration policy
- A description of the procedure for the segregation of client’s crypto-assets and fund
- The operating rules of the trading platform and market abuse detection
- Information on the exchange of crypto-assets for funds or other crypto-assets (commercial policy)
- The execution policy
- Information on the provision of advice or portfolio management on crypto-assets
- Information on transfer services
Taxes in Malta
Discover the main taxes affecting businesses and individuals in Malta, including key corporate, capital gains, and personal income tax rates, essential rules, and basic compliance requirements.
Corporate Income Tax (CIT)
"The standard corporate income tax rate in Malta is 35%.Malta operates a full imputation tax system, and shareholders may benefit from tax refund mechanisms which, in certain cases, can significantly reduce the effective tax burden.Companies in Malta are generally subject to corporate income tax on their worldwide income if they are tax residents of Malta.Corporate income tax returns are generally filed electronically through the Maltese tax authorities’ online system.In Malta, the taxation of crypto-assets depends on the nature of the activity and the applicable Maltese tax rules."
Capital Gains Tax (CGT)
"Capital gains derived from crypto-assets by individuals in Malta are generally taxed under the personal income tax regime.The tax treatment depends on whether the activity is classified as trading or investment activity.In certain cases, the long-term holding of assets may be subject to different tax rules depending on the nature of the transaction and the taxpayer’s status."
Personal Income Tax (PIT)
"All individuals who are tax residents of Malta are generally subject to tax on their worldwide income. Non-residents may also be subject to tax on certain income derived from sources in Malta.In Malta, progressive personal income tax rates may reach up to 35%, depending on the level of income and the taxpayer’s status.Depending on the taxpayer’s circumstances, additional social security contributions may also apply."
Clients confirm our quality
“They helped create the board, adjust the entire corporate structure, adding the necessary legal entities”
Manimama prepared our project for MiCA. And they didn't just make the documents, they helped create the board, adjust the entire corporate structure, adding the necessary legal entities, conclude contracts between them, create a consistent picture of all providers and elements, without which our application would not have been so complete.
in1t | CLO
“Thank you for your expertise and patience!”
Before signing the contract, we made six rounds of negotiations, because my client had a lot of questions that concerned the technical infrastructure, the board creation, and the formation of the authorized capital. We got the most complete picture, which allowed us to choose this provider. Thank you for your expertise and patience!
“It is the comprehensive approach that they use and the willingness to help with any issue”
During the preparation of documents for MiCA, Manimama advised us on labor, administrative, and corporate law. Usually, providers do not do this, strictly limiting the list of works that they do under the contract. It is the comprehensive approach that they use and the willingness to help with any issue that arises along the way that attracts us as a client.
AddUps | CLO
FAQ
Authorization by MFSA enabling EU-wide services
Malta Financial Services Authority (MFSA)
Advisory, execution, exchange, trading platform, custody
Local company, €50k–€150k capital, physical office, board, AML, governance
Yes, physical office required
€50k (C1), €125k (C2), €150k (C3)
Preparation, pre-application, submission, review, approval
4–9 months
€10k–€25k application, €10k–€50k annual, + variable fees
Management ensures governance, compliance, fit & proper, oversight
Limited to legal entities
Expert knowledge
Ready to move forward? Let's get started today
Tell us what you want to create. We will prepare a legal structure that ensures its implementation
CASP License in Slovenia
The Markets in Crypto-Assets Regulation (MiCA) introduces a unified regulatory framework for crypto-assets across the European Union (EU), promoting legal certainty, investor protection, and market stability.
In Slovenia, the Bank of Slovenia is responsible for supervising the issuance of CASP licenses under MiCA. This ensures full compliance with EU regulatory requirements. A CASP license obtained in Slovenia provides a solid legal foundation for conducting business throughout the European Union. In addition, it helps strengthen trust among banks and business partners.
4.9
(234 reviews)
4.9
(552 reviews)About the Service
"One of the core requirements under MiCA is obtaining a Crypto-Asset Service Provider (CASP) license, mandatory for businesses offering crypto-asset services. This licensing ensures compliance with strict standards on governance, security, and anti-money laundering (AML), enabling licensed CASPs to operate seamlessly across all EU member states. Whether you are an emerging startup or an established operator, obtaining a CASP license is essential to access the EU’s vast and dynamic market for digital assets."
"In Slovenia, the Bank of Slovenia is the competent authority responsible for supervising CASP licensing under MiCA. Companies that provide or intend to provide crypto-asset services in Slovenia must comply with both local implementation requirements and the EU-wide provisions of MiCA.Our company possesses in-depth knowledge of Slovenian legislation, ensuring that your compliance efforts are both efficient and effective.We will help your business meet regulatory requirements and unlock the potential of the EU crypto-asset market!"
Key Numbers about a CASP License in Slovenia
Average term of obtaining CASP license after application submission
Minimum number of directors for a compliant CASP structure.
Capital requirements depend on the business model.
Applicable personal income tax range in Slovenia.
Standard corporate income tax rate.
Tax rate applied to investment income.
Legal Opinion about a CASP License in Slovenia
Obtaining a CASP license in Slovenia is essential for businesses offering crypto-asset services. Applicants must meet requirements, including robust AML/CFT compliance, a formal governance structure, and sufficient operational capital. Once licensed, CASPs must adhere to ongoing reporting obligations and maintain compliance with Slovenian and EU regulations. A CASP license enhances credibility and provides access to the EU market under a clear regulatory framework
Ganna Voievodina
Manimama, CEO
Types of Activities with a CASP License in Slovenia
Providing custody and administration of crypto-assets on behalf of clients
This service means safekeeping or controlling, on behalf of third parties, crypto-assets or the means of access to such crypto-assets, where applicable in the form of private cryptographic keys. Holdings of crypto-assets on behalf of the clients shall be segregated from CASP’s holdings.Operation of a trading platform for crypto-assets
This service contains of the management of one or more multilateral systems, which brings together or facilitates the bringing together of multiple third-party buying and selling interests for crypto-assets – in the system and in accordance with its rules – in a way that results in a contract, either by exchanging one crypto-asset for another, or a crypto-asset for funds.Exchange of crypto-assets for funds
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for funds by using proprietary capital.Exchange of crypto-assets for other crypto-assets
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for other crypto-assets by using proprietary capital.Execution of orders for crypto-assets on behalf of clients
This service means concluding agreements to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets on behalf of third parties and includes the conclusion of agreements to sell crypto-assets at the moment of their issuance.Placing of crypto-assets
This service includes the marketing, on behalf of or for the account of the offeror or of a party related to the offeror, of crypto-assets to purchasers. Before placing the crypto-assets a CASP shall obtain the agreement of the issuers or any third party acting on their behalf.Reception and transmission of orders for crypto-assets on behalf of clients
This service means the reception from a person of an order to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets and the transmission of that order to a third party for execution.Providing advice on crypto-assets
This service means offering, giving or agreeing to give personalized recommendations to a third party, either at the third party’s request or on the initiative of the a CASP providing the advice, in respect of one or more transactions relating to crypto-assets, or the use of crypto-asset services.Providing portfolio management on crypto-assets
This service includes managing portfolios in accordance with mandates given by clients on a discretionary client-by-client basis where such portfolios include one or more crypto-assets.Providing transfer services for crypto-assets on behalf of clients
This service means transfer, on behalf of a natural or legal person, crypto-assets from one distributed ledger address or account to another. Such service may be provided without virtual currency wallet opened for a CASP’s client.
Benefits of Obtaining a CASP License in Slovenia
Seamless cross-border operations within the EU
- A CASP license in Slovenia provides a strong foundation for passporting services across the European Economic Area (EEA).
- Adherence to EU compliance standards simplifies regulatory approvals in other member states.
Improved customer acquisition and retention
- A licensed status reassures clients about security, AML compliance, and fraud prevention.
- Investors and users prefer platforms that operate within a regulated framework, leading to higher conversion rates.
Access to a regulated and transparent market
- Compliance with Slovenian and European financial regulations helps build investor confidence.
- Compliance with Bank of Slovenia requirements ensures the transparency and security of operations.
Enhanced institutional trust and banking access
- Legitimacy under Slovenian and EU financial regulations enhances trust among investors.
- Compliance with the Bank of Slovenia ensures operational transparency and security.
Opportunities for institutional funding and partnerships
- Licensed companies find it easier to open and maintain bank accounts in Slovenia and across Europe.
- Regulatory recognition reduces the likelihood of banks classifying transactions as high-risk, improving financial operations.
Legal protection against regulatory uncertainty
- A clear regulatory framework protects businesses from abrupt legal changes and market restrictions.
- Companies with a CASP license face lower risks of operational shutdowns due to non-compliance.
Our services
Clear overview of key services, with simple descriptions and strong CTAs that help users quickly scan options and take action
Step 1
Incorporation stage
- Company formation in Slovenia
- Provision of a registered address for 1 year
- Opening corporate bank account and transferring the share capital
- Appointment and employment of a local director
- Detailed company structure documentation
Step 2
Pre-licensing stage
- Preparation and submission legal and financial documents (non-exhaustive list) according to MiCA
- Review of existing policies and procedures, if the company already has them
Step 3
Licensing stage
- CASP license application assistance
- Conducting communication with the ATVP during the license process
Our Experts in This Area
Yuliia Kravchenko
Head of Licensing & Advisory
Step by step description
Name Selection and Availability Check
Verification and reservation of a compliant company name that meets jurisdictional requirements, avoids registration conflicts, and aligns with brand positioning and business strategy.
Document Preparation and Collection
Preparation, collection, and verification of all required corporate and personal documentation, ensuring accuracy, completeness, and compliance with local regulations and international standards.
Regulatory Review and Approval
Support throughout the regulatory review process, including communication with authorities, handling of additional requests, and maintaining application progress without delays.
Legal Structure and Ownership Model
Definition of the optimal corporate structure and ownership model, including limited liability, holding, or joint stock options, with full alignment to business goals, tax efficiency, and regulatory requirements.
Company Registration Process
Management of the full incorporation process, including document submission, coordination with authorities, and follow-up to ensure smooth and timely registration.
Licensing, Tax Setup, and Compliance
Completion of all required approvals, tax registration setup, and establishment of a compliance framework to support ongoing operations, reporting, and long-term stability.
Slovenian National Legislation
To operate under MiCA in Slovenia, it is vital to understand the key legal framework, licensing rules, relevant timelines, and regulatory requirements
Regulation
"MiCA applies directly in Slovenia and is supplemented by regulatory provisions adopted by the Bank of Slovenia.It defines the supervisory powers of the Bank of Slovenia, including the authority to issue directives, suspend the provision of services, and enforce compliance with CASP requirements. In addition, the legislation establishes administrative sanctions, reporting obligations, and procedural rules aimed at ensuring compliance with supervisory standards and EU regulatory requirements."
Licensing Authority
The Bank of Slovenia is the competent authority responsible for the supervision and licensing of Crypto-Asset Service Providers (CASPs) in Slovenia. The Bank of Slovenia ensures that entities comply with the requirements of both MiCA and the applicable national legislation. It provides regulatory guidance, monitors compliance with regulatory requirements, and is empowered to grant or revoke licenses for crypto-asset service providers operating in Slovenia.
Procedure, timelines, fees:
"Following the full application of MiCA after 30 December 2024, the Bank of Slovenia assesses within 25 working days whether the application includes all required information, without evaluating its quality at this stage. If information is missing, the applicant may be asked to supplement it within a set deadline. Once the missing information, if any, is provided, the Bank of Slovenia then has 40 working days to conduct a qualitative assessment.
During the qualitative assessment period, the Bank of Slovenia may request additional clarifications; however, only the first such request can suspend the 40 working day period for up to 20 working days.
Finally, the authorisation procedure is subject to a fee under the applicable Slovenian administrative fees, and if the application is approved, additional fees imposed by the Slovenian competent authorities may apply."
Transition Period
Under Slovenia’s MiCA transitional framework, existing VASPs have a 12-month transition period to comply with MiCA provisions. Specifically, VASPs registered with the Bank of Slovenia for AML purposes before December 30, 2024 are permitted to continue their operations until December 31, 2025. Within this period, these entities must obtain authorization under MiCA to continue their services beyond the transitional phase. This approach reflects Slovenia's commitment to aligning its national regulatory framework with MiCA provisions promptly.
Requirements for Obtaining a CASP License in Slovenia
Key regulatory requirements for obtaining a CASP license in Slovenia, including requirements related to organizational structure (such as company formation and governance), minimum capital thresholds, and necessary documentation (such as policies and AML procedures)
Requirements for key persons
-
Senior managers (directors):
- Number: MICA does not specify a minimum and maximum number of directors. However, MICA states (part 2, article 59) that there shall be at least several directors.
- Residency requirements: At least one director must be an EU resident.
- General requirements: Directories must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- a detailed CV
- statements on time commitment and past professional conduct
-
Shareholders:
- Number: MICA does not specify a minimum and maximum number of shareholders.
- Residency requirements: There is no restriction.
- General requirements: Shareholders must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- an ownership structure chart
Capital Requirements
Capital requirements vary depending on what services the company will provide:
Class 1: A CASP authorized for the following crypto-asset services:- execution of orders on behalf of clients
- placing of crypto-assets
- providing transfer services for crypto-assets on behalf of clients
- reception and transmission of orders for crypto-assets on behalf of clients
- providing advice on crypto-assets and/or
- providing portfolio management on crypto-assets
Minimum capital requirements - €50,000.
- providing custody and administration of crypto-assets on behalf of clients
- exchange of crypto-assets for funds and/or
- exchange of crypto-assets for other crypto-assets
Minimum capital requirements - €125,000.
- operation of a trading platform for crypto-assets.
Minimum capital requirements - €150,000.
Documentation Requirements
There are list of documents that must be submitted with the application:
-
Documents required for all CASPs:
- The articles of association of the applicant CASP
- Identity and proof of good repute, knowledge, skills, experience and of sufficient time commitment of the members of the management body
- Information relating to shareholders or members with qualifying holdings
- A program of operations setting out the types of crypto-asset services that the applicant CASP wishes to provide, including where and how these services are to be marketed
- A description of the applicant CASP’s prudential safeguards (insurance policy)
- A description of the applicant CASP’s governance arrangements and internal control mechanisms
- A description of the applicant CASP’s business continuity plan
- Detection and prevention of money laundering and terrorist financing (full packet of policies)
- Descriptions both in technical and non-technical language of applicant CASP’s IT systems and security arrangements
- A description of the applicant CASP’s procedures to handle complaints from clients
- Documents required in case CASP wishes to offer services in other countries:
- List of EU countries where the company wishes to offer its services
- Documents required for certain services (each of the 10 services requires its own documents):
- Custody and administration policy
- A description of the procedure for the segregation of client’s crypto-assets and fund
- The operating rules of the trading platform and market abuse detection
- Information on the exchange of crypto-assets for funds or other crypto-assets (commercial policy)
- The execution policy
- Information on the provision of advice or portfolio management on crypto-assets
- Information on transfer services
Taxes in Slovenia
Discover the main taxes affecting businesses and individuals in Slovenia, including key corporate, capital gains, and personal income tax rates, essential rules, and basic compliance requirements.
Corporate Income Tax (CIT)
"The standard corporate income tax rate in Slovenia is 22%.Companies in Slovenia are generally subject to corporate income tax on their worldwide income if they are tax residents of Slovenia.Corporate income tax returns are generally filed electronically through the Slovenian tax authorities’ online system.In Slovenia, the taxation of crypto-assets depends on the nature of the activity and the applicable Slovenian tax rules."
Capital Gains Tax (CGT)
"Capital gains derived from crypto-assets in Slovenia are generally subject to taxation under the applicable personal or corporate income tax regime.The tax treatment depends on the nature of the activity, the holding period of the assets, and the taxpayer’s status.Transactions between cryptocurrencies may not be taxable until conversion into fiat currency or the occurrence of another taxable event."
Personal Income Tax (PIT)
"All individuals who are tax residents of Slovenia are generally subject to Slovenian personal income tax on their worldwide income. Non-residents may also be subject to tax on certain income derived from sources in Slovenia.In Slovenia, progressive personal income tax rates may reach up to 50%, depending on the taxpayer’s level of income.Depending on the taxpayer’s circumstances, additional social security contributions may also apply."
Clients confirm our quality
“They helped create the board, adjust the entire corporate structure, adding the necessary legal entities”
Manimama prepared our project for MiCA. And they didn't just make the documents, they helped create the board, adjust the entire corporate structure, adding the necessary legal entities, conclude contracts between them, create a consistent picture of all providers and elements, without which our application would not have been so complete.
in1t | CLO
“Thank you for your expertise and patience!”
Before signing the contract, we made six rounds of negotiations, because my client had a lot of questions that concerned the technical infrastructure, the board creation, and the formation of the authorized capital. We got the most complete picture, which allowed us to choose this provider. Thank you for your expertise and patience!
“It is the comprehensive approach that they use and the willingness to help with any issue”
During the preparation of documents for MiCA, Manimama advised us on labor, administrative, and corporate law. Usually, providers do not do this, strictly limiting the list of works that they do under the contract. It is the comprehensive approach that they use and the willingness to help with any issue that arises along the way that attracts us as a client.
AddUps | CLO
FAQ
MiCA license enabling crypto services across EU under Slovenian supervision
Issued by Securities Market Agency (ATVP) (+ Bank of Slovenia for certain tokens)
Custody, trading, exchange, execution, placement, transmission, advisory, portfolio management, transfers
EU legal entity, EU-resident director, €50k–€150k capital, governance, AML/KYC, asset segregation, full documentation
Yes, physical office and real EU presence required
€50k / €125k / €150k or 25% overheads (whichever higher)
Incorporate, prepare policies, submit to ATVP/BS, 25d completeness + 40d review, ~5 months statutory
~3 months review; up to ~1 year depending on complexity
Variable application + assessment fees, annual supervision, €50k–€150k capital
Fit-and-proper management, EU presence, responsible for governance, AML, risk, compliance and transparency
No, only legal entities established in the EU
Expert knowledge
Ready to move forward? Let's get started today
Tell us what you want to create. We will prepare a legal structure that ensures its implementation
CASP License in Luxembourg
The Markets in Crypto-Assets Regulation (MiCA) introduces a unified regulatory framework for crypto-assets across the European Union (EU), promoting legal certainty, investor protection, and market stability.
In Luxembourg, the Commission de Surveillance du Secteur Financier (CSSF) is responsible for supervising the issuance of CASP licenses under MiCA. This ensures full compliance with EU regulatory requirements. A CASP license obtained in Luxembourg provides a solid legal foundation for conducting business throughout the European Union. In addition, it helps strengthen trust among banks and business partners.
4.9
(234 reviews)
4.9
(552 reviews)About the Service
"One of the core requirements under MiCA is obtaining a Crypto-Asset Service Provider (CASP) license, mandatory for businesses offering crypto-asset services. This licensing ensures compliance with strict standards on governance, security, and anti-money laundering (AML), enabling licensed CASPs to operate seamlessly across all EU member states. Whether you are an emerging startup or an established operator, obtaining a CASP license is essential to access the EU’s vast and dynamic market for digital assets."
"In Luxembourg, the Commission de Surveillance du Secteur Financier (CSSF) is the competent authority responsible for supervising CASP licensing under MiCA. Companies that already provide or intend to provide crypto-asset services in Luxembourg must comply with both local implementation requirements and the EU-wide provisions of MiCA.Our company possesses in-depth knowledge of Luxembourg legislation, ensuring that your compliance efforts are both efficient and effective.We will help your business meet regulatory requirements and unlock the potential of the EU crypto-asset market!"
Key Numbers about a CASP License in Luxembourg
Аverage term of obtaining CASP license after application submission
Minimum number of directors for a compliant CASP structure.
Capital requirements depend on the business model.
Applicable personal income tax range in Luxembourg.
Standard corporate income tax rate.
Tax rate applied to investment income.
Legal Opinion about a CASP License in Luxembourg
Obtaining a CASP license in Luxembourg is essential for businesses offering crypto-asset services. Applicants must meet requirements, including robust AML/CFT compliance, a formal governance structure, and sufficient operational capital. Once licensed, CASPs must adhere to ongoing reporting obligations and maintain compliance with Luxembourg and EU regulations. A CASP license enhances credibility and provides access to the EU market under a clear regulatory framework
Ganna Voievodina
Manimama, CEO
Types of Activities with a CASP License in Luxembourg
Providing custody and administration of crypto-assets on behalf of clients
This service means safekeeping or controlling, on behalf of third parties, crypto-assets or the means of access to such crypto-assets, where applicable in the form of private cryptographic keys. Holdings of crypto-assets on behalf of the clients shall be segregated from CASP’s holdings.Operation of a trading platform for crypto-assets
This service contains of the management of one or more multilateral systems, which brings together or facilitates the bringing together of multiple third-party buying and selling interests for crypto-assets – in the system and in accordance with its rules – in a way that results in a contract, either by exchanging one crypto-asset for another, or a crypto-asset for funds.Exchange of crypto-assets for funds
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for funds by using proprietary capital.Exchange of crypto-assets for other crypto-assets
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for other crypto-assets by using proprietary capital.Execution of orders for crypto-assets on behalf of clients
This service means concluding agreements to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets on behalf of third parties and includes the conclusion of agreements to sell crypto-assets at the moment of their issuance.Placing of crypto-assets
This service includes the marketing, on behalf of or for the account of the offeror or of a party related to the offeror, of crypto-assets to purchasers. Before placing the crypto-assets a CASP shall obtain the agreement of the issuers or any third party acting on their behalf.Reception and transmission of orders for crypto-assets on behalf of clients
This service means the reception from a person of an order to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets and the transmission of that order to a third party for execution.Providing advice on crypto-assets
This service means offering, giving or agreeing to give personalized recommendations to a third party, either at the third party’s request or on the initiative of the a CASP providing the advice, in respect of one or more transactions relating to crypto-assets, or the use of crypto-asset services.Providing portfolio management on crypto-assets
This service includes managing portfolios in accordance with mandates given by clients on a discretionary client-by-client basis where such portfolios include one or more crypto-assets.Providing transfer services for crypto-assets on behalf of clients
This service means transfer, on behalf of a natural or legal person, crypto-assets from one distributed ledger address or account to another. Such service may be provided without virtual currency wallet opened for a CASP’s client.
Benefits of Obtaining a CASP License in Luxembourg
Seamless cross-border operations within the EU
- A CASP license in Luxembourg provides a strong foundation for passporting services across the European Economic Area (EEA).
- Adherence to EU compliance standards simplifies regulatory approvals in other member states.
Improved customer acquisition and retention
- A licensed status reassures clients about security, AML compliance, and fraud prevention.
- Investors and users prefer platforms that operate within a regulated framework, leading to higher conversion rates.
Access to a regulated and transparent market
- Compliance with Luxembourg and European financial regulations helps build investor confidence.
- Compliance with CSSF requirements ensures operational transparency and security.
Enhanced institutional trust and banking access
- Legitimacy under Luxembourg and EU financial regulations enhances trust among investors.
- Compliance with CSSF requirements ensures operational transparency and security
Opportunities for institutional funding and partnerships
- Licensed companies find it easier to open and maintain bank accounts in Luxembourg and across Europe.
- Regulatory recognition reduces the likelihood of banks classifying transactions as high-risk, improving financial operations.
Legal protection against regulatory uncertainty
- A clear regulatory framework protects businesses from abrupt legal changes and market restrictions.
- Companies with a CASP license face lower risks of operational shutdowns due to non-compliance.
Our services
Clear overview of key services, with simple descriptions and strong CTAs that help users quickly scan options and take action
Step 1
Incorporation stage
- Company formation in Luxembourg
- Provision of a registered address for 1 year
- Opening corporate bank account and transferring the share capital
- Appointment and employment of a local director
- Detailed company structure documentation
Step 2
Pre-licensing stage
- Preparation and submission legal and financial documents (non-exhaustive list) according to MiCA
- Review of existing policies and procedures, if the company already has them
Step 3
Licensing stage
- CASP license application assistance
- Conducting communication with the CSSF during the license process
Our Experts in This Area
Yuliia Kravchenko
Head of Licensing & Advisory
Step by step description
Name Selection and Availability Check
Verification and reservation of a compliant company name that meets jurisdictional requirements, avoids registration conflicts, and aligns with brand positioning and business strategy.
Document Preparation and Collection
Preparation, collection, and verification of all required corporate and personal documentation, ensuring accuracy, completeness, and compliance with local regulations and international standards.
Regulatory Review and Approval
Support throughout the regulatory review process, including communication with authorities, handling of additional requests, and maintaining application progress without delays.
Legal Structure and Ownership Model
Definition of the optimal corporate structure and ownership model, including limited liability, holding, or joint stock options, with full alignment to business goals, tax efficiency, and regulatory requirements.
Company Registration Process
Management of the full incorporation process, including document submission, coordination with authorities, and follow-up to ensure smooth and timely registration.
Licensing, Tax Setup, and Compliance
Completion of all required approvals, tax registration setup, and establishment of a compliance framework to support ongoing operations, reporting, and long-term stability.
Luxembourg National Legislation
To operate under MiCA in Luxembourg, it is vital to understand the key legal framework, licensing rules, relevant timelines, and regulatory requirements
Regulation
"MiCA applies directly in Luxembourg and is supplemented by regulatory provisions adopted by the CSSF.It defines the supervisory powers of the CSSF, including the authority to issue directives, suspend the provision of services, and enforce compliance with CASP requirements. In addition, the legislation establishes administrative sanctions, reporting obligations, and procedural rules aimed at ensuring compliance with supervisory standards and EU regulatory requirements."
Licensing Authority
The Commission de Surveillance du Secteur Financier (CSSF) is the competent authority responsible for the supervision and licensing of Crypto-Asset Service Providers (CASPs) in Luxembourg. The CSSF ensures that entities comply with the requirements of both MiCA and the applicable national legislation. It provides regulatory guidance, monitors compliance with regulatory requirements, and is empowered to grant or revoke licenses for crypto-asset service providers operating in Luxembourg.
Procedure, timelines, fees:
"Following the full application of MiCA after 30 December 2024, the CSSF assesses within 25 working days whether the application includes all required information, without evaluating its quality at this stage. If information is missing, the applicant may be asked to supplement it within a set deadline. Once the missing information, if any, is provided, the CSSF then has 40 working days to conduct a qualitative assessment.
During the qualitative assessment period, the CSSF may request additional clarifications; however, only the first such request can suspend the 40 working day period for up to 20 working days.
Finally, the authorisation procedure is subject to a fee under the applicable Luxembourg administrative fees, and if the application is approved, additional fees imposed by the Luxembourg competent authorities may apply."
Transition Period
Under Luxembourg’s MiCA transitional framework, existing VASPs have a 12-month transition period to comply with MiCA provisions. Specifically, VASPs registered with the CSSF for AML purposes before December 30, 2024 are permitted to continue their operations until December 31, 2025. Within this period, these entities must obtain authorization under MiCA to continue their services beyond the transitional phase. This approach reflects Luxembourg's commitment to aligning its national regulatory framework with MiCA provisions promptly.
Requirements for Obtaining a CASP License in Luxembourg
Key regulatory requirements for obtaining a CASP license in Luxembourg, including requirements related to organizational structure (such as company formation and governance), minimum capital thresholds, and necessary documentation (such as policies and AML procedures)
Requirements for key persons
-
Senior managers (directors):
- Number: MICA does not specify a minimum and maximum number of directors. However, MICA states (part 2, article 59) that there shall be at least several directors.
- Residency requirements: At least one director must be an EU resident.
- General requirements: Directories must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- a detailed CV
- statements on time commitment and past professional conduct
-
Shareholders:
- Number: MICA does not specify a minimum and maximum number of shareholders.
- Residency requirements: There is no restriction.
- General requirements: Shareholders must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- an ownership structure chart
Capital Requirements
Capital requirements vary depending on what services the company will provide:
Class 1: A CASP authorized for the following crypto-asset services:- execution of orders on behalf of clients
- placing of crypto-assets
- providing transfer services for crypto-assets on behalf of clients
- reception and transmission of orders for crypto-assets on behalf of clients
- providing advice on crypto-assets and/or
- providing portfolio management on crypto-assets
Minimum capital requirements - €50,000.
- providing custody and administration of crypto-assets on behalf of clients
- exchange of crypto-assets for funds and/or
- exchange of crypto-assets for other crypto-assets
Minimum capital requirements - €125,000.
- operation of a trading platform for crypto-assets.
Minimum capital requirements - €150,000.
Documentation Requirements
There are list of documents that must be submitted with the application:
-
Documents required for all CASPs:
- The articles of association of the applicant CASP
- Identity and proof of good repute, knowledge, skills, experience and of sufficient time commitment of the members of the management body
- Information relating to shareholders or members with qualifying holdings
- A program of operations setting out the types of crypto-asset services that the applicant CASP wishes to provide, including where and how these services are to be marketed
- A description of the applicant CASP’s prudential safeguards (insurance policy)
- A description of the applicant CASP’s governance arrangements and internal control mechanisms
- A description of the applicant CASP’s business continuity plan
- Detection and prevention of money laundering and terrorist financing (full packet of policies)
- Descriptions both in technical and non-technical language of applicant CASP’s IT systems and security arrangements
- A description of the applicant CASP’s procedures to handle complaints from clients
- Documents required in case CASP wishes to offer services in other countries:
- List of EU countries where the company wishes to offer its services
- Documents required for certain services (each of the 10 services requires its own documents):
- Custody and administration policy
- A description of the procedure for the segregation of client’s crypto-assets and fund
- The operating rules of the trading platform and market abuse detection
- Information on the exchange of crypto-assets for funds or other crypto-assets (commercial policy)
- The execution policy
- Information on the provision of advice or portfolio management on crypto-assets
- Information on transfer services
Taxes in Luxembourg
Discover the main taxes affecting businesses and individuals in Luxembourg, including key corporate, capital gains, and personal income tax rates, essential rules, and basic compliance requirements.
Corporate Income Tax (CIT)
"The standard corporate income tax rate in Luxembourg is generally 24.94%, including the corporate income tax surcharge and the municipal business tax applicable in Luxembourg City.Companies in Luxembourg are generally subject to corporate income tax on their worldwide income if they are tax residents of Luxembourg.Corporate income tax returns are generally filed electronically through Luxembourg’s tax administration system.In Luxembourg, the taxation of crypto-assets depends on the nature of the activity and the applicable Luxembourg tax rules."
Capital Gains Tax (CGT)
"Capital gains derived from crypto-assets by individuals in Luxembourg are generally taxed under the personal income tax regime.For individuals, short-term gains from crypto-assets held for less than six months are generally subject to progressive income tax rates, which may reach approximately 45.78%.Capital gains derived from crypto-assets held for more than six months may be exempt from taxation under certain conditions.Taxation generally applies upon the sale of crypto-assets or their conversion into fiat currency."
Personal Income Tax (PIT)
"All individuals who are tax residents of Luxembourg are generally subject to Luxembourg personal income tax on their worldwide income. Non-residents may also be subject to tax on certain income derived from sources in Luxembourg.In Luxembourg, progressive personal income tax rates may reach approximately 45.78%, including the employment fund surcharge.Depending on the taxpayer’s status, additional municipal charges and social security contributions may also apply."
Clients confirm our quality
“They helped create the board, adjust the entire corporate structure, adding the necessary legal entities”
Manimama prepared our project for MiCA. And they didn't just make the documents, they helped create the board, adjust the entire corporate structure, adding the necessary legal entities, conclude contracts between them, create a consistent picture of all providers and elements, without which our application would not have been so complete.
in1t | CLO
“Thank you for your expertise and patience!”
Before signing the contract, we made six rounds of negotiations, because my client had a lot of questions that concerned the technical infrastructure, the board creation, and the formation of the authorized capital. We got the most complete picture, which allowed us to choose this provider. Thank you for your expertise and patience!
“It is the comprehensive approach that they use and the willingness to help with any issue”
During the preparation of documents for MiCA, Manimama advised us on labor, administrative, and corporate law. Usually, providers do not do this, strictly limiting the list of works that they do under the contract. It is the comprehensive approach that they use and the willingness to help with any issue that arises along the way that attracts us as a client.
AddUps | CLO
FAQ
Mandatory authorization by CSSF enabling EU-wide services
Commission de Surveillance du Secteur Financier (CSSF)
Custody, exchange, advisory
Legal entity, €50k–€150k capital, governance, AML/CFT, DORA, local presence
Yes, physical office required
€50k–€150k or 25% overheads
Entity setup, pre-meeting, documentation, submission, review, approval
~5 months typical
€15k annual fee, €3k–€8k setup, €1.5k registration, capital €50k–€150k
Management ensures governance, compliance, EU presence, accountability
Limited to legal entities
Expert knowledge
Ready to move forward? Let's get started today
Tell us what you want to create. We will prepare a legal structure that ensures its implementation
CASP License in Hungary
The Markets in Crypto-Assets Regulation (MiCA) introduces a unified regulatory framework for crypto-assets across the European Union (EU), promoting legal certainty, investor protection, and market stability.
In Hungary, CASP licenses under MiCA are issued by the Hungarian National Bank (MNB). This ensures full compliance with EU regulatory requirements. A CASP license obtained in Hungary provides a solid legal foundation for conducting business throughout the European Union. In addition, it helps strengthen trust among banks and business partners.
4.9
(234 reviews)
4.9
(552 reviews)About the Service
"One of the core requirements under MiCA is obtaining a Crypto-Asset Service Provider (CASP) license, mandatory for businesses offering crypto asset services. This licensing ensures compliance with strict standards on governance, security, and anti-money laundering (AML), enabling licensed CASPs to operate seamlessly across all EU member states. Whether you are an emerging startup or an established operator, obtaining a CASP license is essential to access the EU’s vast and dynamic market for digital assets."
"In Hungary, the competent authority responsible for supervising CASP licensing under MiCA is the Hungarian National Bank (MNB). Companies that provide or intend to provide crypto-asset services in Hungary must comply with both local implementation requirements and the EU-wide provisions of MiCA.Our company possesses in-depth knowledge of Hungarian legislation, ensuring that your compliance efforts are both efficient and effective.We will help your business meet regulatory requirements and unlock the potential of the EU crypto-asset market!"
Key Numbers about a CASP License in Hungary
Average term of obtaining CASP license after application submission
Minimum number of directors for a compliant CASP structure.
Capital requirements depend on the business model.
Applicable personal income tax range in Hungary.
Standard corporate income tax rate.
Tax rate applied to investment income.
Legal Opinion about a CASP License in Hungary
Obtaining a CASP license in Hungary is essential for businesses offering crypto-asset services. Applicants must meet requirements, including robust AML/CFT compliance, a formal governance structure, and sufficient operational capital. Once licensed, CASPs must adhere to ongoing reporting obligations and maintain compliance with Hungarian and EU regulations. A CASP license enhances credibility and provides access to the EU market under a clear regulatory framework
Ganna Voievodina
Manimama, CEO
Types of Activities with a CASP License in Hungary
Providing custody and administration of crypto-assets on behalf of clients
This service means safekeeping or controlling, on behalf of third parties, crypto-assets or the means of access to such crypto-assets, where applicable in the form of private cryptographic keys. Holdings of crypto-assets on behalf of the clients shall be segregated from CASP’s holdings.Operation of a trading platform for crypto-assets
This service contains of the management of one or more multilateral systems, which brings together or facilitates the bringing together of multiple third-party buying and selling interests for crypto-assets – in the system and in accordance with its rules – in a way that results in a contract, either by exchanging one crypto-asset for another, or a crypto-asset for funds.Exchange of crypto-assets for funds
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for funds by using proprietary capital.Exchange of crypto-assets for other crypto-assets
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for other crypto-assets by using proprietary capital.Execution of orders for crypto-assets on behalf of clients
This service means concluding agreements to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets on behalf of third parties and includes the conclusion of agreements to sell crypto-assets at the moment of their issuance.Placing of crypto-assets
This service includes the marketing, on behalf of or for the account of the offeror or of a party related to the offeror, of crypto-assets to purchasers. Before placing the crypto-assets a CASP shall obtain the agreement of the issuers or any third party acting on their behalf.Reception and transmission of orders for crypto-assets on behalf of clients
This service means the reception from a person of an order to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets and the transmission of that order to a third party for execution.Providing advice on crypto-assets
This service means offering, giving or agreeing to give personalized recommendations to a third party, either at the third party’s request or on the initiative of the a CASP providing the advice, in respect of one or more transactions relating to crypto-assets, or the use of crypto-asset services.Providing portfolio management on crypto-assets
This service includes managing portfolios in accordance with mandates given by clients on a discretionary client-by-client basis where such portfolios include one or more crypto-assets.Providing transfer services for crypto-assets on behalf of clients
This service means transfer, on behalf of a natural or legal person, crypto-assets from one distributed ledger address or account to another. Such service may be provided without virtual currency wallet opened for a CASP’s client.
Benefits of Obtaining a CASP License in Hungary
Seamless cross-border operations within the EU
- A CASP license in Hungary provides a strong foundation for passporting services across the European Economic Area (EEA).
- Adherence to EU compliance standards simplifies regulatory approvals in other member states.
Improved customer acquisition and retention
- A licensed status reassures clients about security, AML compliance, and fraud prevention.
- Investors and users prefer platforms that operate within a regulated framework, leading to higher conversion rates.
Access to a regulated and transparent market
- Compliance with Hungarian and European financial regulations helps build investor confidence.
- Compliance with MNB requirements ensures the transparency and security of operational activities.
Enhanced institutional trust and banking access
- Legitimacy under Hungarian and EU financial regulations enhances trust among investors.
- Compliance with MNB requirements ensures operational transparency and security.
Opportunities for institutional funding and partnerships
- Licensed companies find it easier to open and maintain bank accounts in Hungary and across Europe.
- Regulatory recognition reduces the likelihood of banks classifying transactions as high-risk, improving financial operations.
Legal protection against regulatory uncertainty
- A clear regulatory framework protects businesses from abrupt legal changes and market restrictions.
- Companies with a CASP license face lower risks of operational shutdowns due to non-compliance.
Our services
Clear overview of key services, with simple descriptions and strong CTAs that help users quickly scan options and take action
Step 1
Incorporation stage
- Company formation in Hungary
- Provision of a registered address for 1 year
- Opening corporate bank account and transferring the share capital
- Appointment and employment of a local director
- Detailed company structure documentation
Step 2
Pre-licensing stage
- Preparation and submission legal and financial documents (non-exhaustive list) according to MiCA
- Review of existing policies and procedures, if the company already has them
Step 3
Licensing stage
- CASP license application assistance
- Conducting communication with the MNB during the license process
Our Experts in This Area
Yuliia Kravchenko
Head of Licensing & Advisory
Step by step description
Name Selection and Availability Check
Verification and reservation of a compliant company name that meets jurisdictional requirements, avoids registration conflicts, and aligns with brand positioning and business strategy.
Document Preparation and Collection
Preparation, collection, and verification of all required corporate and personal documentation, ensuring accuracy, completeness, and compliance with local regulations and international standards.
Regulatory Review and Approval
Support throughout the regulatory review process, including communication with authorities, handling of additional requests, and maintaining application progress without delays.
Legal Structure and Ownership Model
Definition of the optimal corporate structure and ownership model, including limited liability, holding, or joint stock options, with full alignment to business goals, tax efficiency, and regulatory requirements.
Company Registration Process
Management of the full incorporation process, including document submission, coordination with authorities, and follow-up to ensure smooth and timely registration.
Licensing, Tax Setup, and Compliance
Completion of all required approvals, tax registration setup, and establishment of a compliance framework to support ongoing operations, reporting, and long-term stability.
Hungarian National Legislation
To operate under MiCA in Hungary, it is vital to understand the key legal framework, licensing rules, relevant timelines, and regulatory requirements
Regulation
"MiCA applies directly in Hungary and is supplemented by regulatory provisions adopted by the Hungarian National Bank (MNB).It defines the supervisory powers of the MNB, including the authority to issue directives, suspend the provision of services, and enforce compliance with CASP requirements. In addition, the legislation establishes administrative sanctions, reporting obligations, and procedural rules aimed at ensuring compliance with supervisory standards and EU regulatory requirements."
Licensing Authority
The Hungarian National Bank (MNB) is the competent authority responsible for the supervision and licensing of Crypto-Asset Service Providers (CASPs) in Hungary. The MNB ensures that entities comply with the requirements of both MiCA and the applicable national legislation. It provides regulatory guidance, monitors compliance with regulatory requirements, and is empowered to grant or revoke licenses for crypto-asset service providers operating in Hungary.
Procedure, timelines, fees:
"Following the full application of MiCA after 30 December 2024, the Hungarian National Bank (MNB) assesses within 25 working days whether the application includes all required information, without evaluating its quality at this stage. If information is missing, the applicant may be asked to supplement it within a set deadline. Once the missing information, if any, is provided, the Hungarian National Bank (MNB) then has 40 working days to conduct a qualitative assessment.
During the qualitative assessment period, the Hungarian National Bank (MNB) may request additional clarifications; however, only the first such request can suspend the 40 working day period for up to 20 working days.
Finally, the authorisation procedure is subject to a fee under the applicable Hungarian administrative fees, and if the application is approved, additional fees imposed by the Hungarian competent authorities may apply."
Transition Period
Under Hungary’s MiCA transitional framework, existing VASPs have a 12-month transition period to comply with MiCA provisions. Specifically, VASPs registered with the Hungarian National Bank (MNB) for AML purposes before December 30, 2024 are permitted to continue their operations until December 31, 2025. Within this period, these entities must obtain authorization under MiCA to continue their services beyond the transitional phase. This approach reflects Hungary's commitment to aligning its national regulatory framework with MiCA provisions promptly.
Requirements for Obtaining a CASP License in Hungary
Key regulatory requirements for obtaining a CASP license in Hungary, including requirements related to organizational structure (such as company formation and governance), minimum capital thresholds, and necessary documentation (such as policies and AML procedures)
Requirements for key persons
-
Senior managers (directors):
- Number: MICA does not specify a minimum and maximum number of directors. However, MICA states (part 2, article 59) that there shall be at least several directors.
- Residency requirements: At least one director must be an EU resident.
- General requirements: Directories must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- a detailed CV
- statements on time commitment and past professional conduct
-
Shareholders:
- Number: MICA does not specify a minimum and maximum number of shareholders.
- Residency requirements: There is no restriction.
- General requirements: Shareholders must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- an ownership structure chart
Capital Requirements
Capital requirements vary depending on what services the company will provide:
Class 1: A CASP authorized for the following crypto-asset services:- execution of orders on behalf of clients
- placing of crypto-assets
- providing transfer services for crypto-assets on behalf of clients
- reception and transmission of orders for crypto-assets on behalf of clients
- providing advice on crypto-assets and/or
- providing portfolio management on crypto-assets
Minimum capital requirements - €50,000.
- providing custody and administration of crypto-assets on behalf of clients
- exchange of crypto-assets for funds and/or
- exchange of crypto-assets for other crypto-assets
Minimum capital requirements - €125,000.
- operation of a trading platform for crypto-assets.
Minimum capital requirements - €150,000.
Documentation Requirements
There are list of documents that must be submitted with the application:
-
Documents required for all CASPs:
- The articles of association of the applicant CASP
- Identity and proof of good repute, knowledge, skills, experience and of sufficient time commitment of the members of the management body
- Information relating to shareholders or members with qualifying holdings
- A program of operations setting out the types of crypto-asset services that the applicant CASP wishes to provide, including where and how these services are to be marketed
- A description of the applicant CASP’s prudential safeguards (insurance policy)
- A description of the applicant CASP’s governance arrangements and internal control mechanisms
- A description of the applicant CASP’s business continuity plan
- Detection and prevention of money laundering and terrorist financing (full packet of policies)
- Descriptions both in technical and non-technical language of applicant CASP’s IT systems and security arrangements
- A description of the applicant CASP’s procedures to handle complaints from clients
- Documents required in case CASP wishes to offer services in other countries:
- List of EU countries where the company wishes to offer its services
- Documents required for certain services (each of the 10 services requires its own documents):
- Custody and administration policy
- A description of the procedure for the segregation of client’s crypto-assets and fund
- The operating rules of the trading platform and market abuse detection
- Information on the exchange of crypto-assets for funds or other crypto-assets (commercial policy)
- The execution policy
- Information on the provision of advice or portfolio management on crypto-assets
- Information on transfer services
Taxes in Hungary
Discover the main taxes affecting businesses and individuals in Hungary, including key corporate, capital gains, and personal income tax rates, essential rules, and basic compliance requirements.
Corporate Income Tax (CIT)
"The standard corporate income tax rate in Hungary is 9%.As a general rule, companies in Hungary are subject to corporate income tax on their worldwide income if they are tax residents of Hungary. Corporate income tax returns are typically filed electronically through the Hungarian tax authorities' online system.In Hungary, the taxation of crypto-assets depends on the nature of the activity and the applicable Hungarian tax rules."
Capital Gains Tax (CGT)
"Income derived by individuals from crypto-assets in Hungary is generally subject to taxation at a rate of 15%.Taxation typically applies when crypto-assets are converted into fiat currency or used in transactions that generate taxable income."
Personal Income Tax (PIT)
"All individuals who are tax residents of Hungary are generally subject to Hungarian income tax on their worldwide income. Non-residents may also be subject to tax on certain income derived from sources in Hungary.Hungary applies a flat personal income tax rate of 15%.Depending on the type of income and the taxpayer's status, additional social security contribution obligations may also apply."
Clients confirm our quality
“They helped create the board, adjust the entire corporate structure, adding the necessary legal entities”
Manimama prepared our project for MiCA. And they didn't just make the documents, they helped create the board, adjust the entire corporate structure, adding the necessary legal entities, conclude contracts between them, create a consistent picture of all providers and elements, without which our application would not have been so complete.
in1t | CLO
“Thank you for your expertise and patience!”
Before signing the contract, we made six rounds of negotiations, because my client had a lot of questions that concerned the technical infrastructure, the board creation, and the formation of the authorized capital. We got the most complete picture, which allowed us to choose this provider. Thank you for your expertise and patience!
“It is the comprehensive approach that they use and the willingness to help with any issue”
During the preparation of documents for MiCA, Manimama advised us on labor, administrative, and corporate law. Usually, providers do not do this, strictly limiting the list of works that they do under the contract. It is the comprehensive approach that they use and the willingness to help with any issue that arises along the way that attracts us as a client.
AddUps | CLO
FAQ
Mandatory authorization by MNB allowing EU-wide crypto services under MiCA
Magyar Nemzeti Bank (MNB)
Custody, exchange, trading platforms, order execution, portfolio management, advice, transfer services
Local entity, physical office, 2 managers (1 EU resident), €50k–€150k capital, AML/CFT, ICT/DORA, governance
Yes, physical office required
€50k (Class 1), €125k (Class 2), €150k (Class 3)
Entity setup, documentation, capital deposit, application to MNB, review, approval and registration
6–18 months total; ~3 months review if complete
€3k–€5k application, capital €50k–€150k, validation fees, ongoing €2k–€5k+
Management ensures reputation, competence, EU presence, governance, compliance
Limited to legal entities
Expert knowledge
Ready to move forward? Let's get started today
Tell us what you want to create. We will prepare a legal structure that ensures its implementation
CASP License in Slovakia
The Markets in Crypto-Assets Regulation (MiCA) introduces a unified regulatory framework for crypto-assets across the European Union (EU), promoting legal certainty, investor protection, and market stability.
In Slovakia, the National Bank of Slovakia (NBS) is responsible for supervising the issuance of CASP licenses under MiCA. This ensures full compliance with EU regulatory requirements. A CASP license obtained in Slovakia provides a solid legal foundation for conducting business throughout the European Union. In addition, it helps strengthen trust among banks and business partners.
4.9
(234 reviews)
4.9
(552 reviews)About the Service
"One of the core requirements under MiCA is obtaining a Crypto-Asset Service Provider (CASP) license, mandatory for businesses offering crypto-asset services. This licensing ensures compliance with strict standards on governance, security, and anti-money laundering (AML), enabling licensed CASPs to operate seamlessly across all EU member states. Whether you are an emerging startup or an established operator, obtaining a CASP license is essential to access the EU’s vast and dynamic market for digital assets."
"In Slovakia, the National Bank of Slovakia (NBS) is the competent authority responsible for supervising CASP licensing under MiCA. Companies that provide or intend to provide crypto-asset services in Slovakia must comply with local implementation requirements in addition to the MiCA provisions applicable throughout the European Union.Our company possesses in-depth knowledge of Slovak legislation, ensuring that your compliance efforts are both efficient and effective.We will help your business meet regulatory requirements and unlock the potential of the EU crypto-asset market!"
Key Numbers about a CASP License in Slovakia
Average term of obtaining CASP license after application submission
Minimum number of directors for a compliant CASP structure.
Capital requirements depend on the business model.
Applicable personal income tax range in Slovakia.
Standard corporate income tax rate.
Tax rate applied to investment income.
Legal Opinion about a CASP License in Slovakia
Obtaining a CASP license in Slovakia is essential for businesses offering crypto-asset services. Applicants must meet requirements, including robust AML/CFT compliance, a formal governance structure, and sufficient operational capital. Once licensed, CASPs must adhere to ongoing reporting obligations and maintain compliance with Slovak and EU regulations. A CASP license enhances credibility and provides access to the EU market under a clear regulatory framework
Ganna Voievodina
Manimama, CEO
Types of Activities with a CASP License in Slovakia
Providing custody and administration of crypto-assets on behalf of clients
This service means safekeeping or controlling, on behalf of third parties, crypto-assets or the means of access to such crypto-assets, where applicable in the form of private cryptographic keys. Holdings of crypto-assets on behalf of the clients shall be segregated from CASP’s holdings.Operation of a trading platform for crypto-assets
This service contains of the management of one or more multilateral systems, which brings together or facilitates the bringing together of multiple third-party buying and selling interests for crypto-assets – in the system and in accordance with its rules – in a way that results in a contract, either by exchanging one crypto-asset for another, or a crypto-asset for funds.Exchange of crypto-assets for funds
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for funds by using proprietary capital.Exchange of crypto-assets for other crypto-assets
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for other crypto-assets by using proprietary capital.Execution of orders for crypto-assets on behalf of clients
This service means concluding agreements to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets on behalf of third parties and includes the conclusion of agreements to sell crypto-assets at the moment of their issuance.Placing of crypto-assets
This service includes the marketing, on behalf of or for the account of the offeror or of a party related to the offeror, of crypto-assets to purchasers. Before placing the crypto-assets a CASP shall obtain the agreement of the issuers or any third party acting on their behalf.Reception and transmission of orders for crypto-assets on behalf of clients
This service means the reception from a person of an order to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets and the transmission of that order to a third party for execution.Providing advice on crypto-assets
This service means offering, giving or agreeing to give personalized recommendations to a third party, either at the third party’s request or on the initiative of the a CASP providing the advice, in respect of one or more transactions relating to crypto-assets, or the use of crypto-asset services.Providing portfolio management on crypto-assets
This service includes managing portfolios in accordance with mandates given by clients on a discretionary client-by-client basis where such portfolios include one or more crypto-assets.Providing transfer services for crypto-assets on behalf of clients
This service means transfer, on behalf of a natural or legal person, crypto-assets from one distributed ledger address or account to another. Such service may be provided without virtual currency wallet opened for a CASP’s client.
Benefits of Obtaining a CASP License in Slovakia
Seamless cross-border operations within the EU
- A CASP license in Slovakia provides a strong foundation for passporting services across the European Economic Area (EEA).
- Adherence to EU compliance standards simplifies regulatory approvals in other member states.
Improved customer acquisition and retention
- A licensed status reassures clients about security, AML compliance, and fraud prevention.
- Investors and users prefer platforms that operate within a regulated framework, leading to higher conversion rates.
Access to a regulated and transparent market
- Compliance with Slovak and European financial regulations helps build investor confidence.
- Compliance with NBS requirements ensures the transparency and security of operations.
Enhanced institutional trust and banking access
- Legitimacy under Slovak and EU financial regulations enhances trust among investors.
- Compliance with NBS requirements ensures operational transparency and security.
Opportunities for institutional funding and partnerships
- Licensed companies find it easier to open and maintain bank accounts in Slovakia and across Europe.
- Regulatory recognition reduces the likelihood of banks classifying transactions as high-risk, improving financial operations.
Legal protection against regulatory uncertainty
- A clear regulatory framework protects businesses from abrupt legal changes and market restrictions.
- Companies with a CASP license face lower risks of operational shutdowns due to non-compliance.
Our services
Clear overview of key services, with simple descriptions and strong CTAs that help users quickly scan options and take action
Step 1
Incorporation stage
- Company formation in Slovakia
- Provision of a registered address for 1 year
- Opening corporate bank account and transferring the share capital
- Appointment and employment of a local director
- Detailed company structure documentation
Step 2
Pre-licensing stage
- Preparation and submission legal and financial documents (non-exhaustive list) according to MiCA
- Review of existing policies and procedures, if the company already has them
Step 3
Licensing stage
- CASP license application assistance
- Conducting communication with the NBS during the license process
Our Experts in This Area
Yuliia Kravchenko
Head of Licensing & Advisory
Step by step description
Name Selection and Availability Check
Verification and reservation of a compliant company name that meets jurisdictional requirements, avoids registration conflicts, and aligns with brand positioning and business strategy.
Document Preparation and Collection
Preparation, collection, and verification of all required corporate and personal documentation, ensuring accuracy, completeness, and compliance with local regulations and international standards.
Regulatory Review and Approval
Support throughout the regulatory review process, including communication with authorities, handling of additional requests, and maintaining application progress without delays.
Legal Structure and Ownership Model
Definition of the optimal corporate structure and ownership model, including limited liability, holding, or joint stock options, with full alignment to business goals, tax efficiency, and regulatory requirements.
Company Registration Process
Management of the full incorporation process, including document submission, coordination with authorities, and follow-up to ensure smooth and timely registration.
Licensing, Tax Setup, and Compliance
Completion of all required approvals, tax registration setup, and establishment of a compliance framework to support ongoing operations, reporting, and long-term stability.
Slovak National Legislation
To operate under MiCA in Slovakia, it is vital to understand the key legal framework, licensing rules, relevant timelines, and regulatory requirements
Regulation
"MiCA applies directly in Slovakia and is supplemented by regulatory provisions adopted by the National Bank of Slovakia (NBS).It defines the supervisory powers of the NBS, including the authority to issue directives, suspend the provision of services, and enforce compliance with CASP requirements. In addition, the legislation establishes administrative sanctions, reporting obligations, and procedural rules aimed at ensuring compliance with supervisory standards and EU regulatory requirements."
Licensing Authority
The National Bank of Slovakia (NBS) is the competent authority responsible for the supervision and licensing of Crypto-Asset Service Providers (CASPs) in Slovakia. The NBS ensures that entities comply with the requirements of both MiCA and the applicable national legislation. It provides regulatory guidance, monitors compliance with regulatory requirements, and is empowered to grant or revoke licenses for crypto-asset service providers operating in Slovakia.
Procedure, timelines, fees:
"Following the full application of MiCA after 30 December 2024, the National Bank of Slovakia (NBS) assesses within 25 working days whether the application includes all required information, without evaluating its quality at this stage. If information is missing, the applicant may be asked to supplement it within a set deadline. Once the missing information, if any, is provided, the National Bank of Slovakia (NBS) then has 40 working days to conduct a qualitative assessment.
During the qualitative assessment period, the National Bank of Slovakia (NBS) may request additional clarifications; however, only the first such request can suspend the 40 working day period for up to 20 working days.
Finally, the authorisation procedure is subject to a fee under the applicable Slovak administrative fees, and if the application is approved, additional fees imposed by the Slovak competent authorities may apply."
Transition Period
Under Slovakia’s MiCA transitional framework, existing VASPs have a 12-month transition period to comply with MiCA provisions. Specifically, VASPs registered with the National Bank of Slovakia (NBS) for AML purposes before December 30, 2024 are permitted to continue their operations until December 31, 2025. Within this period, these entities must obtain authorization under MiCA to continue their services beyond the transitional phase. This approach reflects Slovakia's commitment to aligning its national regulatory framework with MiCA provisions promptly.
Requirements for Obtaining a CASP License in Slovakia
Key regulatory requirements for obtaining a CASP license in Slovakia, including requirements related to organizational structure (such as company formation and governance), minimum capital thresholds, and necessary documentation (such as policies and AML procedures)
Requirements for key persons
-
Senior managers (directors):
- Number: MICA does not specify a minimum and maximum number of directors. However, MICA states (part 2, article 59) that there shall be at least several directors.
- Residency requirements: At least one director must be an EU resident.
- General requirements: Directories must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- a detailed CV
- statements on time commitment and past professional conduct
-
Shareholders:
- Number: MICA does not specify a minimum and maximum number of shareholders.
- Residency requirements: There is no restriction.
- General requirements: Shareholders must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- an ownership structure chart
Capital Requirements
Capital requirements vary depending on what services the company will provide:
Class 1: A CASP authorized for the following crypto-asset services:- execution of orders on behalf of clients
- placing of crypto-assets
- providing transfer services for crypto-assets on behalf of clients
- reception and transmission of orders for crypto-assets on behalf of clients
- providing advice on crypto-assets and/or
- providing portfolio management on crypto-assets
Minimum capital requirements - €50,000.
- providing custody and administration of crypto-assets on behalf of clients
- exchange of crypto-assets for funds and/or
- exchange of crypto-assets for other crypto-assets
Minimum capital requirements - €125,000.
- operation of a trading platform for crypto-assets.
Minimum capital requirements - €150,000.
Documentation Requirements
There are list of documents that must be submitted with the application:
-
Documents required for all CASPs:
- The articles of association of the applicant CASP
- Identity and proof of good repute, knowledge, skills, experience and of sufficient time commitment of the members of the management body
- Information relating to shareholders or members with qualifying holdings
- A program of operations setting out the types of crypto-asset services that the applicant CASP wishes to provide, including where and how these services are to be marketed
- A description of the applicant CASP’s prudential safeguards (insurance policy)
- A description of the applicant CASP’s governance arrangements and internal control mechanisms
- A description of the applicant CASP’s business continuity plan
- Detection and prevention of money laundering and terrorist financing (full packet of policies)
- Descriptions both in technical and non-technical language of applicant CASP’s IT systems and security arrangements
- A description of the applicant CASP’s procedures to handle complaints from clients
- Documents required in case CASP wishes to offer services in other countries:
- List of EU countries where the company wishes to offer its services
- Documents required for certain services (each of the 10 services requires its own documents):
- Custody and administration policy
- A description of the procedure for the segregation of client’s crypto-assets and fund
- The operating rules of the trading platform and market abuse detection
- Information on the exchange of crypto-assets for funds or other crypto-assets (commercial policy)
- The execution policy
- Information on the provision of advice or portfolio management on crypto-assets
- Information on transfer services
Taxes in Slovakia
Discover the main taxes affecting businesses and individuals in Slovakia, including key corporate, capital gains, and personal income tax rates, essential rules, and basic compliance requirements.
Corporate Income Tax (CIT)
"The standard corporate income tax rate in Slovakia is 21%.A reduced corporate income tax rate of 15% may apply to companies whose annual taxable income falls below the statutory threshold.Companies in Slovakia are generally subject to corporate income tax on their worldwide income if they are tax residents of Slovakia.Corporate income tax returns are generally filed electronically through the Slovak tax authorities’ online system.In Slovakia, the taxation of crypto-assets depends on the nature of the activity and the applicable Slovak tax rules."
Capital Gains Tax (CGT)
"Income derived from crypto-assets in Slovakia is generally subject to taxation under the applicable personal or corporate income tax rules.The tax treatment depends on the nature of the activity, the holding period of the assets, and the taxpayer’s status.Transactions between cryptocurrencies may not be taxable until conversion into fiat currency or the occurrence of another taxable event."
Personal Income Tax (PIT)
"All individuals who are tax residents of Slovakia are generally subject to Slovak personal income tax on their worldwide income. Non-residents may also be subject to tax on certain income derived from sources in Slovakia.Slovakia applies a progressive personal income tax scale:Up to EUR 47,537.98 — 19%
Above EUR 47,537.98 — 25%Depending on the taxpayer’s circumstances, additional social security and health insurance contributions may also apply."
Clients confirm our quality
“They helped create the board, adjust the entire corporate structure, adding the necessary legal entities”
Manimama prepared our project for MiCA. And they didn't just make the documents, they helped create the board, adjust the entire corporate structure, adding the necessary legal entities, conclude contracts between them, create a consistent picture of all providers and elements, without which our application would not have been so complete.
in1t | CLO
“Thank you for your expertise and patience!”
Before signing the contract, we made six rounds of negotiations, because my client had a lot of questions that concerned the technical infrastructure, the board creation, and the formation of the authorized capital. We got the most complete picture, which allowed us to choose this provider. Thank you for your expertise and patience!
“It is the comprehensive approach that they use and the willingness to help with any issue”
During the preparation of documents for MiCA, Manimama advised us on labor, administrative, and corporate law. Usually, providers do not do this, strictly limiting the list of works that they do under the contract. It is the comprehensive approach that they use and the willingness to help with any issue that arises along the way that attracts us as a client.
AddUps | CLO
FAQ
Regulatory authorization under MiCA issued by NBS allowing crypto services across EU
Issued by National Bank of Slovakia (NBS)
Custody, trading, exchange, execution, placement, transmission, advisory, portfolio management, transfers
Local entity (s.r.o.), registered presence, €50k–€150k capital, EU/OECD director, AML officer, governance, DORA compliance, full documentation
Not strictly mandatory, but real operational presence required (case-by-case)
€50k / €125k / €150k depending on services
Form company, meet capital, prepare docs, appoint staff, pre-engage NBS, submit, 25d + 40d review
~3–6 months review; ~6–12 months total
~€15 fee, low incorporation costs, €29k–€49k professional fees + ongoing ops + capital
Fit-and-proper management with experience, responsible for governance, business plan, risk and compliance, EU/Slovak director required
No, only legal entities (typically s.r.o.)
Expert knowledge
Ready to move forward? Let's get started today
Tell us what you want to create. We will prepare a legal structure that ensures its implementation
CASP License in the Netherlands
The Markets in Crypto-Assets Regulation (MiCA) introduces a unified regulatory framework for crypto-assets across the European Union (EU), promoting legal certainty, investor protection, and market stability.
In the Netherlands, CASP licenses under MiCA are supervised by the Dutch Authority for the Financial Markets (AFM) and the Dutch Central Bank (DNB). This ensures full compliance with EU regulatory requirements. A CASP license obtained in the Netherlands provides a solid legal foundation for conducting business throughout the European Union. In addition, it helps strengthen trust among banks and business partners.
4.9
(234 reviews)
4.9
(552 reviews)About the Service
"One of the core requirements under MiCA is obtaining a Crypto-Asset Service Provider (CASP) license, mandatory for businesses offering crypto-asset services. This licensing ensures compliance with strict standards on governance, security, and anti-money laundering (AML), enabling licensed CASPs to operate seamlessly across all EU member states. Whether you are an emerging startup or an established operator, obtaining a CASP license is essential to access the EU’s vast and dynamic market for digital assets."
"In the Netherlands, the Dutch Authority for the Financial Markets (AFM) is the competent authority responsible for supervising CASP licensing under MiCA. Companies that provide or intend to provide crypto-asset services in the Netherlands must comply with local implementation requirements in addition to the MiCA provisions applicable throughout the European Union.Our company possesses in-depth knowledge of Dutch legislation, ensuring that your compliance efforts are both efficient and effective.We will help your business meet regulatory requirements and unlock the potential of the EU crypto-asset market."
Key Numbers about a CASP License in the Netherlands
Average term of obtaining CASP license after application submission
Minimum number of directors for a compliant CASP structure.
Capital requirements depend on the business model.
Applicable personal income tax range in Netherlands.
Standard corporate income tax rate.
Tax rate applied to investment income.
Legal Opinion about a CASP License in the Netherlands
Obtaining a CASP license in Netherlands is essential for businesses offering crypto-asset services. Applicants must meet requirements, including robust AML/CFT compliance, a formal governance structure, and sufficient operational capital. Once licensed, CASPs must adhere to ongoing reporting obligations and maintain compliance with Dutch and EU regulations. A CASP license enhances credibility and provides access to the EU market under a clear regulatory framework
Ganna Voievodina
Manimama, CEO
Types of Activities with a CASP License in the Netherlands
Providing custody and administration of crypto-assets on behalf of clients
This service means safekeeping or controlling, on behalf of third parties, crypto-assets or the means of access to such crypto-assets, where applicable in the form of private cryptographic keys. Holdings of crypto-assets on behalf of the clients shall be segregated from CASP’s holdings.Operation of a trading platform for crypto-assets
This service contains of the management of one or more multilateral systems, which brings together or facilitates the bringing together of multiple third-party buying and selling interests for crypto-assets – in the system and in accordance with its rules – in a way that results in a contract, either by exchanging one crypto-asset for another, or a crypto-asset for funds.Exchange of crypto-assets for funds
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for funds by using proprietary capital.Execution of orders for crypto-assets on behalf of clients
This service means concluding agreements to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets on behalf of third parties and includes the conclusion of agreements to sell crypto-assets at the moment of their issuance.Placing of crypto-assets
This service includes the marketing, on behalf of or for the account of the offeror or of a party related to the offeror, of crypto-assets to purchasers. Before placing the crypto-assets a CASP shall obtain the agreement of the issuers or any third party acting on their behalf.Reception and transmission of orders for crypto-assets on behalf of clients
This service means the reception from a person of an order to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets and the transmission of that order to a third party for execution.Providing advice on crypto-assets
This service means offering, giving or agreeing to give personalized recommendations to a third party, either at the third party’s request or on the initiative of the a CASP providing the advice, in respect of one or more transactions relating to crypto-assets, or the use of crypto-asset services.Providing portfolio management on crypto-assets
This service includes managing portfolios in accordance with mandates given by clients on a discretionary client-by-client basis where such portfolios include one or more crypto-assets.Providing transfer services for crypto-assets on behalf of clients
This service means transfer, on behalf of a natural or legal person, crypto-assets from one distributed ledger address or account to another. Such service may be provided without virtual currency wallet opened for a CASP’s client.
Benefits of Obtaining a CASP License in Netherlands
Seamless cross-border operations within the EU
- A CASP license in Netherlands provides a strong foundation for passporting services across the European Economic Area (EEA).
- Adherence to EU compliance standards simplifies regulatory approvals in other member states.
Improved customer acquisition and retention
- A licensed status reassures clients about security, AML compliance, and fraud prevention.
- Investors and users prefer platforms that operate within a regulated framework, leading to higher conversion rates.
Access to a regulated and transparent market
- Compliance with Dutch and European financial regulations helps build investor confidence.
- Compliance with AFM and DNB requirements ensures operational transparency and security.
Enhanced institutional trust and banking access
- Legitimacy under Dutch and EU financial regulations enhances trust among investors.
- Compliance with AFM and DNB requirements ensures operational transparency and security.
Opportunities for institutional funding and partnerships
- Licensed companies find it easier to open and maintain bank accounts in Netherlands and across Europe.
- Regulatory recognition reduces the likelihood of banks classifying transactions as high-risk, improving financial operations.
Legal protection against regulatory uncertainty
- A clear regulatory framework protects businesses from abrupt legal changes and market restrictions.
- Companies with a CASP license face lower risks of operational shutdowns due to non-compliance.
Our services
Clear overview of key services, with simple descriptions and strong CTAs that help users quickly scan options and take action
Step 1
Incorporation stage
- Company formation in the Netherlands
- Provision of a registered address for 1 year
- Opening corporate bank account and transferring the share capital
- Appointment and employment of a local director
- Detailed company structure documentation
Step 2
Pre-licensing stage
- Preparation and submission legal and financial documents (non-exhaustive list) according to MiCA
- Review of existing policies and procedures, if the company already has them
Step 3
Licensing stage
- CASP license application assistance
- Conducting communication with the AFM during the license process
Our Experts in This Area
Yuliia Kravchenko
Head of Licensing & Advisory
Step by step description
Name Selection and Availability Check
Verification and reservation of a compliant company name that meets jurisdictional requirements, avoids registration conflicts, and aligns with brand positioning and business strategy.
Document Preparation and Collection
Preparation, collection, and verification of all required corporate and personal documentation, ensuring accuracy, completeness, and compliance with local regulations and international standards.
Regulatory Review and Approval
Support throughout the regulatory review process, including communication with authorities, handling of additional requests, and maintaining application progress without delays.
Legal Structure and Ownership Model
Definition of the optimal corporate structure and ownership model, including limited liability, holding, or joint stock options, with full alignment to business goals, tax efficiency, and regulatory requirements.
Company Registration Process
Management of the full incorporation process, including document submission, coordination with authorities, and follow-up to ensure smooth and timely registration.
Licensing, Tax Setup, and Compliance
Completion of all required approvals, tax registration setup, and establishment of a compliance framework to support ongoing operations, reporting, and long-term stability.
Dutch National Legislation
To operate under MiCA in Netherlands, it is vital to understand the key legal framework, licensing rules, relevant timelines, and regulatory requirements
Regulation
"MiCA applies directly in the Netherlands and is supplemented by regulatory provisions adopted by the Dutch Authority for the Financial Markets (AFM) and the Dutch Central Bank (DNB).It defines the supervisory powers of the AFM and DNB, including the authority to issue directives, suspend the provision of services, and enforce compliance with CASP requirements. In addition, the legislation establishes administrative sanctions, reporting obligations, and procedural rules aimed at ensuring compliance with supervisory standards and EU regulatory requirements."
Licensing Authority
The Dutch Authority for the Financial Markets (AFM) and the Dutch Central Bank (DNB) are the competent authorities responsible for the supervision and licensing of Crypto-Asset Service Providers (CASPs) in the Netherlands. The AFM and DNB ensure that entities comply with the requirements of both MiCA and the applicable national legislation. They provide regulatory guidance, monitor compliance with regulatory requirements, and are empowered to grant or revoke licenses for crypto-asset service providers operating in the Netherlands.
Procedure, timelines, fees:
"Following the full application of MiCA after 30 December 2024, the AFM and DNB assess within 25 working days whether the application includes all required information, without evaluating its quality at this stage. If information is missing, the applicant may be asked to supplement it within a set deadline. Once the missing information, if any, is provided, the AFM and DNB then have 40 working days to conduct a qualitative assessment.
During the qualitative assessment period, the AFM and DNB may request additional clarifications; however, only the first such request can suspend the 40 working day period for up to 20 working days.
Finally, the authorisation procedure is subject to a fee under the applicable Dutch administrative fees, and if the application is approved, additional fees imposed by the Dutch competent authorities may apply."
Transition Period
Under Netherlands’s MiCA transitional framework, existing VASPs have a 12-month transition period to comply with MiCA provisions. Specifically, VASPs registered with DNB for AML purposes before December 30, 2024 are permitted to continue their operations until December 31, 2025. Within this period, these entities must obtain authorization under MiCA to continue their services beyond the transitional phase. This approach reflects Netherlands's commitment to aligning its national regulatory framework with MiCA provisions promptly.
Requirements for Obtaining a CASP License in Netherlands
Key regulatory requirements for obtaining a CASP license in Netherlands, including requirements related to organizational structure (such as company formation and governance), minimum capital thresholds, and necessary documentation (such as policies and AML procedures)
Requirements for key persons
-
Senior managers (directors):
- Number: MICA does not specify a minimum and maximum number of directors. However, MICA states (part 2, article 59) that there shall be at least several directors.
- Residency requirements: At least one director must be an EU resident.
- General requirements: Directories must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- a detailed CV
- statements on time commitment and past professional conduct
-
Shareholders:
- Number: MICA does not specify a minimum and maximum number of shareholders.
- Residency requirements: There is no restriction.
- General requirements: Shareholders must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- an ownership structure chart
Capital Requirements
Capital requirements vary depending on what services the company will provide:
Class 1: A CASP authorized for the following crypto-asset services:- execution of orders on behalf of clients
- placing of crypto-assets
- providing transfer services for crypto-assets on behalf of clients
- reception and transmission of orders for crypto-assets on behalf of clients
- providing advice on crypto-assets and/or
- providing portfolio management on crypto-assets
Minimum capital requirements - €50,000.
- providing custody and administration of crypto-assets on behalf of clients
- exchange of crypto-assets for funds and/or
- exchange of crypto-assets for other crypto-assets
Minimum capital requirements - €125,000.
- operation of a trading platform for crypto-assets.
Minimum capital requirements - €150,000.
Documentation Requirements
There are list of documents that must be submitted with the application:
-
Documents required for all CASPs:
- The articles of association of the applicant CASP
- Identity and proof of good repute, knowledge, skills, experience and of sufficient time commitment of the members of the management body
- Information relating to shareholders or members with qualifying holdings
- A program of operations setting out the types of crypto-asset services that the applicant CASP wishes to provide, including where and how these services are to be marketed
- A description of the applicant CASP’s prudential safeguards (insurance policy)
- A description of the applicant CASP’s governance arrangements and internal control mechanisms
- A description of the applicant CASP’s business continuity plan
- Detection and prevention of money laundering and terrorist financing (full packet of policies)
- Descriptions both in technical and non-technical language of applicant CASP’s IT systems and security arrangements
- A description of the applicant CASP’s procedures to handle complaints from clients
- Documents required in case CASP wishes to offer services in other countries:
- List of EU countries where the company wishes to offer its services
- Documents required for certain services (each of the 10 services requires its own documents):
- Custody and administration policy
- A description of the procedure for the segregation of client’s crypto-assets and fund
- The operating rules of the trading platform and market abuse detection
- Information on the exchange of crypto-assets for funds or other crypto-assets (commercial policy)
- The execution policy
- Information on the provision of advice or portfolio management on crypto-assets
- Information on transfer services
Taxes in Netherlands
Discover the main taxes affecting businesses and individuals in Netherlands, including key corporate, capital gains, and personal income tax rates, essential rules, and basic compliance requirements.
Corporate Income Tax (CIT)
"The standard corporate income tax rate in the Netherlands is 19% for taxable profits up to EUR 200,000 and 25.8% for profits exceeding that threshold.Companies in the Netherlands are generally subject to corporate income tax on their worldwide income if they are tax residents of the Netherlands.Corporate income tax returns are generally filed electronically through the Dutch tax authorities' online system.In the Netherlands, the taxation of crypto-assets depends on the nature of the activity and the applicable Dutch tax rules."
Capital Gains Tax (CGT)
"Capital gains derived from crypto-assets in the Netherlands are generally taxed under the personal income tax regime.The applicable tax treatment depends on whether the crypto-assets are classified as investment assets or as part of a business activity.In certain cases, deemed return taxation rules may apply under the Dutch tax system.
"
Personal Income Tax (PIT)
"All individuals who are tax residents of the Netherlands are generally subject to Dutch personal income tax on their worldwide income. Non-residents may also be subject to tax on certain income derived from sources in the Netherlands.In the Netherlands, progressive personal income tax rates may reach up to 49.5%, depending on the level of income and the taxpayer’s status.Depending on the taxpayer’s circumstances, additional social security contributions may also apply."
Clients confirm our quality
“They helped create the board, adjust the entire corporate structure, adding the necessary legal entities”
Manimama prepared our project for MiCA. And they didn't just make the documents, they helped create the board, adjust the entire corporate structure, adding the necessary legal entities, conclude contracts between them, create a consistent picture of all providers and elements, without which our application would not have been so complete.
in1t | CLO
“Thank you for your expertise and patience!”
Before signing the contract, we made six rounds of negotiations, because my client had a lot of questions that concerned the technical infrastructure, the board creation, and the formation of the authorized capital. We got the most complete picture, which allowed us to choose this provider. Thank you for your expertise and patience!
“It is the comprehensive approach that they use and the willingness to help with any issue”
During the preparation of documents for MiCA, Manimama advised us on labor, administrative, and corporate law. Usually, providers do not do this, strictly limiting the list of works that they do under the contract. It is the comprehensive approach that they use and the willingness to help with any issue that arises along the way that attracts us as a client.
AddUps | CLO
FAQ
MiCA license allowing companies to provide crypto services from the Netherlands across the EU
Issued by AFM, with DNB involved in prudential and AML supervision
Requires EU company (usually Dutch BV), Dutch office, €50k–€150k capital, fit-and-proper management, and strong governance
Yes, real physical presence in the Netherlands is mandatory
Yes, €50k / €125k / €150k depending on services, plus overhead-based requirements
Pre-assessment, prepare docs, submit to AFM, 25-day check + 40-day review, then decision
Typically ~5–10 months total depending on complexity
Fees include €200/hour (up to €100k), €40k–€50k typical, plus assessment and capital costs
Management must pass fit-and-proper checks and ensure governance, compliance, and operational resilience
Only legal entities can apply; individuals are not eligible
Expert knowledge
Ready to move forward? Let's get started today
Tell us what you want to create. We will prepare a legal structure that ensures its implementation
CASP License in Ireland
The Markets in Crypto-Assets Regulation (MiCA) introduces a unified regulatory framework for crypto-assets across the European Union (EU), promoting legal certainty, investor protection, and market stability.
In Ireland, the Central Bank of Ireland (CBI) supervises the issuance of CASP licenses under MiCA. This ensures full compliance with EU regulatory requirements. A CASP license obtained in Ireland provides a solid legal foundation for operating within the EU. It also helps strengthen trust among banks and partners.
4.9
(234 reviews)
4.9
(552 reviews)About the Service
One of the core requirements under MiCA is obtaining a Crypto-Asset Service Provider (CASP) license, mandatory for businesses offering crypto asset services. This licensing ensures compliance with strict standards on governance, security, and anti-money laundering (AML), enabling licensed CASPs to operate seamlessly across all EU member states. Whether you are an emerging startup or an established operator, obtaining a CASP license is essential to access the EU’s vast and dynamic market for digital assets.
In Ireland, the Central Bank of Ireland (CBI) is the competent authority overseeing CASP licensing under MiCA. Businesses operating or planning to provide crypto-asset services in Ireland must adhere to local implementation requirements alongside MiCA’s EU-wide provisions. Our firm has a thorough knowledge of Irish law, ensuring that your compliance efforts are efficient and effective. We can help your business meet compliance requirements and unlock the potential of the EU crypto market!
Key Numbers about a CASP License in Ireland
Average time to obtain a CASP license after submission.
Capital requirements depend on the business model.
Minimum number of directors for a compliant CASP structure.
Applicable personal income tax range in Ireland.
Tax rate applied to investment income.
Standard corporate income tax rate.
Legal Opinion about a CASP License in Ireland
“Obtaining a CASP license in Ireland is essential for businesses offering crypto-asset services. Applicants must meet requirements, including robust AML/CFT compliance, a formal governance structure, and sufficient operational capital. Once licensed, CASPs must adhere to ongoing reporting obligations and maintain compliance with Irish and EU regulations. A CASP license enhances credibility and provides access to the EU market under a clear regulatory framework”
Ganna Voievodina
Manimama, CEO
Types of Activities with a CASP License in Ireland
Providing custody and administration of crypto-assets on behalf of clients
This service means safekeeping or controlling, on behalf of third parties, crypto-assets or the means of access to such crypto-assets, where applicable in the form of private cryptographic keys. Holdings of crypto-assets on behalf of the clients shall be segregated from CASP’s holdings.Operation of a trading platform for crypto-assets
This service contains of the management of one or more multilateral systems, which brings together or facilitates the bringing together of multiple third-party buying and selling interests for crypto-assets – in the system and in accordance with its rules – in a way that results in a contract, either by exchanging one crypto-asset for another, or a crypto-asset for funds.Exchange of crypto-assets for funds
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for funds by using proprietary capital.Exchange of crypto-assets for other crypto-assets
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for other crypto-assets by using proprietary capital.Execution of orders for crypto-assets on behalf of clients
This service means concluding agreements to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets on behalf of third parties and includes the conclusion of agreements to sell crypto-assets at the moment of their issuance.Placing of crypto-assets
This service includes the marketing, on behalf of or for the account of the offeror or of a party related to the offeror, of crypto-assets to purchasers. Before placing the crypto-assets a CASP shall obtain the agreement of the issuers or any third party acting on their behalf.Reception and transmission of orders for crypto-assets on behalf of clients
This service means the reception from a person of an order to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets and the transmission of that order to a third party for execution.Providing advice on crypto-assets
This service means offering, giving or agreeing to give personalized recommendations to a third party, either at the third party’s request or on the initiative of the a CASP providing the advice, in respect of one or more transactions relating to crypto-assets, or the use of crypto-asset services.Providing portfolio management on crypto-assets
This service includes managing portfolios in accordance with mandates given by clients on a discretionary client-by-client basis where such portfolios include one or more crypto-assets.Providing transfer services for crypto-assets on behalf of clients
This service means transfer, on behalf of a natural or legal person, crypto-assets from one distributed ledger address or account to another. Such service may be provided without virtual currency wallet opened for a CASP’s client.
Benefits of Obtaining a CASP License in Ireland
Seamless cross-border operations within the EU
- A CASP license in Ireland provides a strong foundation for passporting services across the European Economic Area (EEA).
- Adherence to EU compliance standards simplifies regulatory approvals in other member states.
Improved customer acquisition and retention
- A licensed status reassures clients about security, AML compliance, and fraud prevention.
- Investors and users prefer platforms that operate within a regulated framework, leading to higher conversion rates.
Access to a regulated and transparent market
- Compliance with Irish and European financial regulations helps build investor confidence.
- Compliance with FMA requirements ensures the transparency and security of operational activities.
Enhanced institutional trust and banking access
- Legitimacy under Irish and EU financial regulations enhances trust among investors.
- Compliance with the FMA ensures operational transparency and security.
Opportunities for institutional funding and partnerships
- Licensed crypto service providers can attract venture capital, hedge funds, and institutional investors.
- Regulatory compliance opens doors to collaboration with banks, payment service providers, and fintech companies.
Legal protection against regulatory uncertainty
- Licensed companies find it easier to open and maintain bank accounts in Ireland and across Europe.
- Regulatory recognition reduces the likelihood of banks classifying transactions as high-risk, improving financial operations.
Step by Step Description
Clear overview of key services, with simple descriptions and strong CTAs that help users quickly scan options and take action
Step 1
Incorporation stage
- Company formation in Ireland
- Provision of a registered address for 1 year
- Opening corporate bank account and transferring the share capital
- Appointment and employment of a local director
- Detailed company structure documentation
Step 2
Pre-licensing stage
- Preparation and submission legal and financial documents (non-exhaustive list) according to MiCA
- Review of existing policies and procedures, if the company already has them
Step 3
Licensing stage
- CASP license application assistance
- Conducting communication with the Central Bank during the license process
Our Experts in This Area
Yuliia Kravchenko
Head of Licensing & Advisory
Step by step description
Name Selection and Availability Check
Verification and reservation of a compliant company name that meets jurisdictional requirements, avoids registration conflicts, and aligns with brand positioning and business strategy.
Document Preparation and Collection
Preparation, collection, and verification of all required corporate and personal documentation, ensuring accuracy, completeness, and compliance with local regulations and international standards.
Regulatory Review and Approval
Support throughout the regulatory review process, including communication with authorities, handling of additional requests, and maintaining application progress without delays.
Legal Structure and Ownership Model
Definition of the optimal corporate structure and ownership model, including limited liability, holding, or joint stock options, with full alignment to business goals, tax efficiency, and regulatory requirements.
Company Registration Process
Management of the full incorporation process, including document submission, coordination with authorities, and follow-up to ensure smooth and timely registration.
Licensing, Tax Setup, and Compliance
Completion of all required approvals, tax registration setup, and establishment of a compliance framework to support ongoing operations, reporting, and long-term stability.
Irish National Legislation
To operate under MiCA in Ireland, it is vital to understand the key legal framework, licensing rules, relevant timelines, and regulatory requirements
Regulation
In Ireland, the primary legislative act implementing the provisions of MiCA is the European Union (Markets in Crypto-Assets) Regulations 2024, which entered into force on November 8, 2024.
It defines the supervisory powers of the Central Bank of Ireland, including the authority to issue directives, suspend the provision of services, and ensure compliance with CASP requirements. In addition, the act establishes administrative sanctions, reporting obligations, and procedural rules to ensure compliance with EU supervisory standards and directives.
Licensing Authority
The Central Bank of Ireland is the competent authority responsible for the supervision and licensing of CASPs in Ireland. The Central Bank of Ireland ensures that entities comply with both MiCA and relevant national legislation. It provides guidance, oversees compliance, and has the authority to grant or revoke licenses for crypto-asset service providers operating within Ireland.
Procedure, timelines, fees:
Following the full application of MiCA after 30 December 2024, the Central Bank of Ireland assesses within 25 working days whether the application includes all required information, without evaluating its quality at this stage. If information is missing, the applicant may be asked to supplement it within a set deadline. Once the missing information, if any, is provided, the Central Bank of Ireland then has 40 working days to conduct a qualitative assessment.
During the qualitative assessment period, the Central Bank of Ireland may request additional clarifications; however, only the first such request can suspend the 40 working day period for up to 20 working days.
Finally, the authorisation procedure is subject to a fee under the applicable Irish administrative fees, and if the application is approved, additional Central Bank of Ireland fees may apply.
Transition Period
Under Ireland’s MiCA transitional framework, existing VASPs have a 12-month transition period to comply with MiCA provisions. Specifically, VASPs registered with the Central Bank of Ireland for AML purposes before December 30, 2024 are permitted to continue their operations until December 31, 2025. Within this period, these entities must obtain authorization under MiCA to continue their services beyond the transitional phase. This approach reflects Ireland's commitment to aligning its national regulatory framework with MiCA provisions promptly.
Requirements for Obtaining a CASP License in Ireland
Key regulatory requirements for obtaining a CASP license in Ireland, including requirements related to organizational structure (such as company formation and governance), minimum capital thresholds, and necessary documentation (such as policies and AML procedures)
Requirements for key persons
-
Senior managers (directors):
- Number: MICA does not specify a minimum and maximum number of directors. However, MICA states (part 2, article 59) that there shall be at least several directors.
- Residency requirements: At least one director must be an EU resident.
- General requirements: Directories must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- a detailed CV
- statements on time commitment and past professional conduct
-
Shareholders:
- Number: MICA does not specify a minimum and maximum number of shareholders.
- Residency requirements: There is no restriction.
- General requirements: Shareholders must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- an ownership structure chart
Capital Requirements
Capital requirements vary depending on what services the company will provide:
Class 1: A CASP authorized for the following crypto-asset services:- execution of orders on behalf of clients
- placing of crypto-assets
- providing transfer services for crypto-assets on behalf of clients
- reception and transmission of orders for crypto-assets on behalf of clients
- providing advice on crypto-assets and/or
- providing portfolio management on crypto-assets
Minimum capital requirements - €50,000.
- providing custody and administration of crypto-assets on behalf of clients
- exchange of crypto-assets for funds and/or
- exchange of crypto-assets for other crypto-assets
Minimum capital requirements - €125,000.
- operation of a trading platform for crypto-assets.
Minimum capital requirements - €150,000.
Documentation Requirements
There are list of documents that must be submitted with the application:
-
Documents required for all CASPs:
- The articles of association of the applicant CASP
- Identity and proof of good repute, knowledge, skills, experience and of sufficient time commitment of the members of the management body
- Information relating to shareholders or members with qualifying holdings
- A program of operations setting out the types of crypto-asset services that the applicant CASP wishes to provide, including where and how these services are to be marketed
- A description of the applicant CASP’s prudential safeguards (insurance policy)
- A description of the applicant CASP’s governance arrangements and internal control mechanisms
- A description of the applicant CASP’s business continuity plan
- Detection and prevention of money laundering and terrorist financing (full packet of policies)
- Descriptions both in technical and non-technical language of applicant CASP’s IT systems and security arrangements
- A description of the applicant CASP’s procedures to handle complaints from clients
- Documents required in case CASP wishes to offer services in other countries:
- List of EU countries where the company wishes to offer its services
- Documents required for certain services (each of the 10 services requires its own documents):
- Custody and administration policy
- A description of the procedure for the segregation of client’s crypto-assets and fund
- The operating rules of the trading platform and market abuse detection
- Information on the exchange of crypto-assets for funds or other crypto-assets (commercial policy)
- The execution policy
- Information on the provision of advice or portfolio management on crypto-assets
- Information on transfer services
Taxes in Ireland
Discover the main taxes affecting businesses and individuals in Ireland, including key corporate, capital gains, and personal income tax rates, essential rules, and basic compliance requirements.
Corporate Income Tax (CIT)
The standard corporate income tax rate in Ireland is 12.5% for trading income and 25% for non-trading income.
Companies are required to pay a minimum tax even in loss-making years. For private limited companies (LTD), it amounts to €500 per year, and for public limited companies (PLC), €3,500 per year.
Corporate income tax returns must be submitted by April 30 of the following year or filed electronically via the Revenue Online Service (ROS) in Ireland by June 30 of the following year.
According to the Spanish reform on the taxation of cryptocurrencies, which entered into force on March 1, 2022: no special rate applies if income from cryptocurrencies is part of the core business activity of the relevant enterprise. In particular, this means that it does not apply to companies that trade cryptocurrencies on a commercial basis or companies that mine cryptocurrencies on a commercial basis. Income from such activities is taxed in accordance with progressive corporate income tax thresholds.
Capital Gains Tax (CGT)
Capital gains are generally taxed at a rate of 33%, corresponding to the taxation of income from capital investments.
Under the new tax reform concerning cryptocurrencies, all profits derived from the sale or disposal of cryptocurrency are taxed as capital gains (i.e., at a rate of 33%), regardless of how the asset was held prior to the sale. However, the exchange of one cryptocurrency for another is considered an intermediate transaction and is not taxable; therefore, taxation is triggered only when the crypto-asset is converted into euros or another fiat currency.
With regard to cryptocurrency income received starting from the 2025 calendar year, persons required to withhold capital gains tax must now prepare tax reporting upon the request of the taxpayer.
Personal Income Tax (PIT)
All individuals who are tax residents of Ireland are generally subject to income tax on their worldwide income. Non-residents may also be subject to Irish tax on certain Irish-source income.In Ireland, a progressive income tax system applies, with two main rates:20% (standard rate)
40% (higher rate)The thresholds at which these rates apply depend on the taxpayer’s personal circumstances, including marital status and income structure. As of 2025, for example, the standard rate band is approximately €42,000 for single individuals, with higher thresholds available for married couples or dual-income households..
Clients confirm our quality
“They helped create the board, adjust the entire corporate structure, adding the necessary legal entities”
Manimama prepared our project for MiCA. And they didn't just make the documents, they helped create the board, adjust the entire corporate structure, adding the necessary legal entities, conclude contracts between them, create a consistent picture of all providers and elements, without which our application would not have been so complete.
in1t | CLO
“Thank you for your expertise and patience!”
Before signing the contract, we made six rounds of negotiations, because my client had a lot of questions that concerned the technical infrastructure, the board creation, and the formation of the authorized capital. We got the most complete picture, which allowed us to choose this provider. Thank you for your expertise and patience!
“It is the comprehensive approach that they use and the willingness to help with any issue”
During the preparation of documents for MiCA, Manimama advised us on labor, administrative, and corporate law. Usually, providers do not do this, strictly limiting the list of works that they do under the contract. It is the comprehensive approach that they use and the willingness to help with any issue that arises along the way that attracts us as a client.
AddUps | CLO
FAQ
A CASP license in Ireland is an authorization required for businesses offering crypto-related services, such as exchange platforms, wallet providers, and crypto custodians. It ensures compliance with the MiCA and Ireland financial laws.
The FMA is the regulatory body overseeing CASP licensing and compliance, ensuring adherence to AML and MiCA regulations.
It allows services such as: 1) Providing custody and administration of crypto-assets on behalf of clients 2) Operation of a trading platform for crypto-assets 3) Exchange of crypto-assets for funds 4) Exchange of crypto-assets for other crypto-assets 5) Execution of orders for crypto-assets on behalf of clients 6) Placing of crypto-assets 7) Reception and transmission of orders for crypto-assets on behalf of clients 8) Providing advice on crypto-assets 9) Providing portfolio management on crypto-assets 10) Providing transfer services for crypto-assets on behalf of clients
Companies must meet physical office requirements, requirements for managers and shareholders, minimum capital requirements, documentation requirements.
Yes, registered office and management in Ireland required
Yes, applicants must meet specific financial and operational adequacy standards, but the exact minimum capital depends on the services offered (€50,000, €125,000, €150,000).
The process involves submitting an application to FMA with detailed documentation on the company structure, management, AML policies, and financial plans, etc.
The preparation of documents and the review process typically takes several months, depending on the completeness of the application and the authority's workload.
Yes, foreign companies can apply for a CASP license, but they must establish a legal entity or branch in Ireland or another EU country and comply with Irish regulatory requirements.
Yes, once licensed under MiCA, CASPs can offer services across the EU without needing separate licenses in other Member States.
Expert knowledge
Ready to move forward? Let's get started today
Tell us what you want to create. We will prepare a legal structure that ensures its implementation
CASP License in Spain
The Markets in Crypto-Assets Regulation (MiCA) introduces a unified regulatory framework for crypto-assets across the European Union (EU), promoting legal certainty, investor protection, and market stability.
In Spain, the National Securities Market Commission (CNMV) oversees CASP licensing under the MiCA framework. This ensures full compliance with EU regulatory standards. A CASP license in Spain creates a solid legal foundation for operating across the EU. It also builds trust with banks and partners.
4.9
(234 reviews)
4.9
(552 reviews)About the Service
One of the core requirements under MiCA is obtaining a Crypto-Asset Service Provider (CASP) license, mandatory for businesses offering crypto asset services. This licensing ensures compliance with strict standards on governance, security, and anti-money laundering (AML), enabling licensed CASPs to operate seamlessly across all EU member states. Whether you are an emerging startup or an established operator, obtaining a CASP license is essential to access the EU’s vast and dynamic market for digital assets.
In Spain, the National Securities Market Commission (CNMV) is the competent authority overseeing CASP licensing under MiCA. Businesses operating or planning to provide crypto-asset services in Spain must adhere to local implementation requirements alongside MiCA’s EU-wide provisions. Our firm has a thorough knowledge of Spanish law, ensuring that your compliance efforts are efficient and effective. We can help your business meet compliance requirements and unlock the potential of the EU crypto market!
Key Numbers about a CASP License in Spain
Average time to obtain a CASP license after submission.
Applicable personal income tax range in Spain.
Minimum number of directors for a compliant CASP structure.
Capital requirements depend on the business model.
Standard corporate income tax rate.
Tax rate applied to investment income.
Legal Opinion about a CASP License in Spain
“Obtaining a CASP license in Spain is essential for businesses offering crypto-asset services. Applicants must meet requirements, including robust AML/CFT compliance, a formal governance structure, and sufficient operational capital. Once licensed, CASPs must adhere to ongoing reporting obligations and maintain compliance with Spanish and EU regulations. A CASP license enhances credibility and provides access to the EU market under a clear regulatory framework”
Ganna Voievodina
Manimama, CEO
Types of Activities with a CASP License in Spain
Providing custody and administration of crypto-assets on behalf of clients
This service means safekeeping or controlling, on behalf of third parties, crypto-assets or the means of access to such crypto-assets, where applicable in the form of private cryptographic keys. Holdings of crypto-assets on behalf of the clients shall be segregated from CASP’s holdings.Operation of a trading platform for crypto-assets
This service contains of the management of one or more multilateral systems, which brings together or facilitates the bringing together of multiple third-party buying and selling interests for crypto-assets – in the system and in accordance with its rules – in a way that results in a contract, either by exchanging one crypto-asset for another, or a crypto-asset for funds.Exchange of crypto-assets for funds
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for funds by using proprietary capital.Exchange of crypto-assets for other crypto-assets
This service means the conclusion of purchase or sale contracts concerning crypto-assets with clients for other crypto-assets by using proprietary capital.Execution of orders for crypto-assets on behalf of clients
This service means concluding agreements to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets on behalf of third parties and includes the conclusion of agreements to sell crypto-assets at the moment of their issuance.Placing of crypto-assets
This service includes the marketing, on behalf of or for the account of the offeror or of a party related to the offeror, of crypto-assets to purchasers. Before placing the crypto-assets a CASP shall obtain the agreement of the issuers or any third party acting on their behalf.Reception and transmission of orders for crypto-assets on behalf of clients
This service means the reception from a person of an order to buy or to sell one or more crypto-assets or to subscribe for one or more crypto-assets and the transmission of that order to a third party for execution.Providing advice on crypto-assets
This service means offering, giving or agreeing to give personalized recommendations to a third party, either at the third party’s request or on the initiative of the a CASP providing the advice, in respect of one or more transactions relating to crypto-assets, or the use of crypto-asset services.Providing portfolio management on crypto-assets
This service includes managing portfolios in accordance with mandates given by clients on a discretionary client-by-client basis where such portfolios include one or more crypto-assets.Providing transfer services for crypto-assets on behalf of clients
This service means transfer, on behalf of a natural or legal person, crypto-assets from one distributed ledger address or account to another. Such service may be provided without virtual currency wallet opened for a CASP’s client.
Benefits of Obtaining a CASP License in Spain
Seamless cross-border operations within the EU
-Improved customer acquisition and retention
-Access to a regulated and transparent market
-Enhanced institutional trust and banking access
-Opportunities for institutional funding and partnerships
- Licensed crypto service providers can attract venture capital, hedge funds, and institutional investors.
- Regulatory compliance opens doors to collaboration with banks, payment service providers, and fintech companies.
Legal protection against regulatory uncertainty
-
Step by Step Description
Clear overview of key services, with simple descriptions and strong CTAs that help users quickly scan options and take action
Step 1
Incorporation stage
- Company formation in Spain
- Provision of a registered address for 1 year
- Opening corporate bank account and transferring the share capital
- Appointment and employment of a local director
- Detailed company structure documentation
Step 2
Pre-licensing stage
- Preparation and submission legal and financial documents (non-exhaustive list) according to MiCA
- Review of existing policies and procedures, if the company already has them
Step 3
Licensing stage
- CASP license application assistance
- Conducting communication with the CNMV during the license process
Our Experts in This Area
Yuliia Kravchenko
Head of Licensing & Advisory
Step by step description
Name Selection and Availability Check
Verification and reservation of a compliant company name that meets jurisdictional requirements, avoids registration conflicts, and aligns with brand positioning and business strategy.
Document Preparation and Collection
Preparation, collection, and verification of all required corporate and personal documentation, ensuring accuracy, completeness, and compliance with local regulations and international standards.
Regulatory Review and Approval
Support throughout the regulatory review process, including communication with authorities, handling of additional requests, and maintaining application progress without delays.
Legal Structure and Ownership Model
Definition of the optimal corporate structure and ownership model, including limited liability, holding, or joint stock options, with full alignment to business goals, tax efficiency, and regulatory requirements.
Company Registration Process
Management of the full incorporation process, including document submission, coordination with authorities, and follow-up to ensure smooth and timely registration.
Licensing, Tax Setup, and Compliance
Completion of all required approvals, tax registration setup, and establishment of a compliance framework to support ongoing operations, reporting, and long-term stability.
Spanish National Legislation
To operate under MiCA in Spain, it is vital to understand the key legal framework, licensing rules, relevant timelines, and regulatory requirements
Regulation
In Spain, the key legislative act that implements the provisions of the MiCA is the MiCA Enforcement Act, officially known as the Spanish Law 6/2023, of 17 March, on Securities Markets and Investment Services. This act was passed by the Spanish Parliament on July 3, 2024, and came into force on July 20, 2024.
It outlines the CNMV's supervisory powers, including the authority to issue directives, suspend services, and enforce compliance among CASPs. Additionally, the act establishes administrative penalties, reporting obligations, and procedural rules to ensure adherence to EU supervisory standards and directives.
Licensing Authority
The CNMV is the competent authority responsible for the supervision and licensing of CASPs in Spain. The CNMV ensures that entities comply with both MiCA and relevant national legislation. It provides guidance, oversees compliance, and has the authority to grant or revoke licenses for crypto-asset service providers operating within Spain.
Procedure, timelines, fees:
Once MiCA becomes fully effective after December 30, 2024, the CNMV will have 25 business days to verify that the application contains all the necessary information, without assessing its quality at this stage. If any information is missing, the applicant may be asked to supplement it within a specified timeframe. Once the missing information, if any, has been provided, the CNMV has 40 business days to conduct a substantive review. During the substantive review period, the CNMV may request additional clarifications; however, only the first such request may suspend the 40-day period for up to 20 business days.
Finally, the authorization procedure is subject to payment in accordance with Spain’s administrative fees, and if the application is approved, an additional fee applies in accordance with the CNMV’s administrative fees.
Transition Period
Under Spain’s MiCA transitional framework, existing VASPs have a 12-month transition period to comply with MiCA provisions. Specifically, VASPs registered with the CNMV for AML purposes before December 30, 2024 are permitted to continue their operations until December 31, 2025. Within this period, these entities must obtain authorization under MiCA to continue their services beyond the transitional phase. This approach reflects Spain's commitment to aligning its national regulatory framework with MiCA provisions promptly.
Requirements for Obtaining a CASP License in Spain
Key regulatory requirements for obtaining a CASP license in Spain, including requirements related to organizational structure (such as company formation and governance), minimum capital thresholds, and necessary documentation (such as policies and AML procedures)
Requirements for key persons
-
Senior managers (directors):
- Number: MICA does not specify a minimum and maximum number of directors. However, MICA states (part 2, article 59) that there shall be at least several directors.
- Residency requirements: At least one director must be an EU resident.
- General requirements: Directories must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- a detailed CV
- statements on time commitment and past professional conduct
-
Shareholders:
- Number: MICA does not specify a minimum and maximum number of shareholders.
- Residency requirements: There is no restriction.
- General requirements: Shareholders must have a solid reputation, necessary skills, and relevant experience.
- Required documents:
- a clean criminal record
- an ownership structure chart
Capital Requirement
Capital requirements vary depending on what services the company will provide:
Class 1: A CASP authorized for the following crypto-asset services:- execution of orders on behalf of clients
- placing of crypto-assets
- providing transfer services for crypto-assets on behalf of clients
- reception and transmission of orders for crypto-assets on behalf of clients
- providing advice on crypto-assets and/or
- providing portfolio management on crypto-assets
Minimum capital requirements - €50,000.
- providing custody and administration of crypto-assets on behalf of clients
- exchange of crypto-assets for funds and/or
- exchange of crypto-assets for other crypto-assets
Minimum capital requirements - €125,000.
- operation of a trading platform for crypto-assets.
Minimum capital requirements - €150,000.
Documentation Requirements
There are list of documents that must be submitted with the application:
-
Documents required for all CASPs:
- The articles of association of the applicant CASP
- Identity and proof of good repute, knowledge, skills, experience and of sufficient time commitment of the members of the management body
- Information relating to shareholders or members with qualifying holdings
- A program of operations setting out the types of crypto-asset services that the applicant CASP wishes to provide, including where and how these services are to be marketed
- A description of the applicant CASP’s prudential safeguards (insurance policy)
- A description of the applicant CASP’s governance arrangements and internal control mechanisms
- A description of the applicant CASP’s business continuity plan
- Detection and prevention of money laundering and terrorist financing (full packet of policies)
- Descriptions both in technical and non-technical language of applicant CASP’s IT systems and security arrangements
- A description of the applicant CASP’s procedures to handle complaints from clients
- Documents required in case CASP wishes to offer services in other countries:
- List of EU countries where the company wishes to offer its services
- Documents required for certain services (each of the 10 services requires its own documents):
- Custody and administration policy
- A description of the procedure for the segregation of client’s crypto-assets and fund
- The operating rules of the trading platform and market abuse detection
- Information on the exchange of crypto-assets for funds or other crypto-assets (commercial policy)
- The execution policy
- Information on the provision of advice or portfolio management on crypto-assets
- Information on transfer services
Taxes in Spain
Discover the main taxes affecting businesses and individuals in Spain, including key corporate, capital gains, and personal income tax rates, essential rules, and basic compliance requirements.
Corporate Income Tax (CIT)
The standard rate of CIT is 25% of taxable income, irrespective of the level of income.
Corporations are subject to a minimum tax obligation, even in loss-making years. For private limited liability companies (S.L.), this amounts to EUR 500 annually, while for public limited companies (S.A.), it is EUR 3,500 annually.
CIT returns must be filed by 30 April of the following year or sent electronically via the Spanish Tax Agency's electronic filing system by 30 June of the following year.
According to the Spanish cryptocurrency tax reform, which became effective on March 1, 2022: the special rate does not apply if deriving income from cryptocurrency is part of the main activity of the relevant business. Specifically, this means that it does not apply to businesses that trade cryptocurrencies on a commercial basis or businesses that mine cryptocurrency on a commercial basis. Income from such activities is taxed in accordance with the progressive income tax thresholds.
Capital Gains Tax (CGT)
Capital gains are generally taxed at a rate of 27.5%, which corresponds to the taxation of income from capital investments.
Under the new tax reform regarding cryptocurrencies, all gains from the sale or disposal of cryptocurrency are taxed as capital gains (so at a rate of 27.5%), regardless of how the asset was held prior to the sale. However, exchanging one cryptocurrency for another is considered an intermediate transaction and is not taxed; therefore, taxation only takes effect when the crypto asset is converted into euros or another fiat currency.
Regarding cryptocurrency income received starting in the 2025 calendar year, individuals required to withhold capital gains tax must now prepare tax returns at the taxpayer’s request.
Personal Income Tax (PIT)
All natural persons who are domiciled in Spain or for whom Spain is a regular place of residence are taxed with unlimited income tax (“unlimited" meaning that basically all their Spanish and foreign income is subject to income tax). Furthermore, even persons who are not domiciled in Spain can be taxed on certain income generated in Spain.
Spain employs a progressive tax system for individuals, with rates ranging:
€13,309–21,617 - 20%
€21,618–35,836 - 30%
€35,837–69,166 - 40%
€69,167–103,072 - 48%
€103,073–1,000,000 - 50%
€1,000,001 and above - 55%
As of 2025, the PIT exemption threshold has been increased to EUR 13,308.
Clients confirm our quality
“They helped create the board, adjust the entire corporate structure, adding the necessary legal entities”
Manimama prepared our project for MiCA. And they didn't just make the documents, they helped create the board, adjust the entire corporate structure, adding the necessary legal entities, conclude contracts between them, create a consistent picture of all providers and elements, without which our application would not have been so complete.
in1t | CLO
“Thank you for your expertise and patience!”
Before signing the contract, we made six rounds of negotiations, because my client had a lot of questions that concerned the technical infrastructure, the board creation, and the formation of the authorized capital. We got the most complete picture, which allowed us to choose this provider. Thank you for your expertise and patience!
Corytech | CLO
“It is the comprehensive approach that they use and the willingness to help with any issue”
During the preparation of documents for MiCA, Manimama advised us on labor, administrative, and corporate law. Usually, providers do not do this, strictly limiting the list of works that they do under the contract. It is the comprehensive approach that they use and the willingness to help with any issue that arises along the way that attracts us as a client.
AddUps | CLO
Frequently asked questions
Mandatory MiCA license allowing companies to provide crypto services (exchange, custody, advisory) in Spain and across the EU via passporting
Issued by CNMV, with Banco de España supervising certain token-related services
Covers custody, trading platforms, fiat/crypto exchange, order execution, advice, portfolio management, and transfers
Requires EU-incorporated company, €50k–€150k+ capital, AML/KYC, qualified management, and full documentation
Not strictly required locally, but EU presence is mandatory and real substance is expected
Yes, €50k / €125k / €150k depending on services, fully paid before application
Incorporate company, prepare docs, deposit capital, submit to CNMV/Bank of Spain, review ~3–6 months
Typically 3–6 months after submission, up to ~6 months total including preparation
Costs include setup (€10k–€120k+), capital (€50k–€150k), state fees, and ongoing operational expenses
Management must meet fit-and-proper criteria and ensure governance, compliance, and risk controls
Only legal entities (e.g., SL/SA), individuals cannot apply
Expert knowledge
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Tell us what you want to create. We will prepare a legal structure that ensures its implementation
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