Poland Virtual Asset Service Provider (VASP) License
Acquiring a Poland VASP license allows businesses to legally offer cryptocurrency-related services under Poland’s regulatory framework. This license is ideal for companies in the crypto industry, including exchanges, wallet services, and other virtual asset activities.
1. Year of Licensing: February 2024
2. Business: Cryptocurrency exchange, wallet services etc
3. Bank Account Status: No
4. Activity Status: Clean history
5. Regulatory Compliance: Fully compliant with Polish regulations.
20,000 EUR
- Crypto-to-Fiat Exchange: Once you are licensed, your clients will be able to swap one type of cryptocurrencies like Bitcoin or Ethereum to conventional national currencies like dollars or euros.
- Fiat-to-Crypto Exchange: Your clients will be able to use their conventional national currencies to purchase cryptocurrencies.
- Crypto-to-Crypto Exchange: With this service, your clients can convert one cryptocurrency into another. For example, they can trade Bitcoin for Ethereum.
- Virtual Currencies Transfer: This service enables your clients to use virtual currencies as a means of payment or value transfer. You can operate in a closed system, where only assets bought within your platform can be transferred; or in an open system that allows your clients transfer assets acquired elsewhere.
- Intermediary Services: If your business involves providing platforms for the exchange, trade, or transfer of virtual assets without owning them directly, you’ll fall into this category. As a licensed intermediary, you’ll facilitate financial transactions for your clients, acting as the bridge without getting directly involved in the asset ownership.
- Custodian Wallet Services: With a licence, you can store your clients’ virtual assets securely in an electronic storage system. You’ll hold the private key while your clients manage their assets with the public key.
- Cost-effective: Skip the need for authorised capital deposits. Take advantage of affordable licensing fees and a low minimum share capital requirement.
- Build Credibility: Operate as a regulated entity to gain trust, attract customers, and secure the interest of investors.
- Enhance Business Value: Your Polish VASP registration can increase your business value, paving the way for new partnerships or funding opportunities.
- Poland Office Address: Secure a Polish office address (virtual offices are permitted).
- Corporate Bank Account: A business bank account is necessary for VASP operations in Poland. We offer guidance to help you set up a compliant account, including crypto-friendly banking options.
- AML/KYC Compliance: Establish AML and KYC policies that align with EU regulations.
- Renewal: A granted VASP licence is required to upgrade registration to VASP according to MiCA regulations.
Step 1: Data Collection
Step 2: Submit Deposit
Step 3: Receive Company Documents for Due Diligence
Step 4: Submit Remaining Payment
Step 5: Changing of Company Name
Step 6: Changing of Directors & UBO
1. Documentation Collection & Processing
We gather, review, and organize all necessary paperwork, ensuring a smooth and compliant license transfer process.
2. Local Representation & Personnel Provision
If you need, we help source or appoint resident directors and qualified responsible managers, ensuring you meet compliance requirements.
3. Bank Account Assistance
If you need, we support you in opening and maintaining the corporate bank account mandated for VASPs.
4. Ongoing Maintenance
We provide post-licensing support—monitoring regulatory updates and handling annual filings to keep your VASP in good standing.
Contact us for more details!
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