Compare Estonia and Lithuania crypto licenses
Explore comparison of crypto license requirements in Lithuania and Estonia
| Lithuania | Estonia | |
|
Service fee |
9000 EUR |
12 000 EUR |
| License type |
Cryptocurrency exchange, wallet and transfer services
| Cryptocurrency exchange, wallet and transfer services |
|
Timeline |
1-3 months |
1 year |
|
State fees |
No additional fee required |
10 000 EUR |
|
Office |
Required |
Required |
|
Office rent fees |
Starting from 100 EUR/month |
Starting from 350 EUR/month |
|
Internal Audit |
Not required |
Annually |
|
External Audit |
Not required |
Annually |
|
AML officer |
Local needed |
Local needed |
|
AML monthly salary |
Starting from 800 EUR/month |
Starting from 1800 EUR/month |
|
Local director |
Any nationality |
Must be resident of Estonia |
|
Required share capital |
125 000 EUR for crypto wallet, exchange and crypto transfer service |
100 000 EUR for crypto wallet and exchange, 250 000 EUR for crypto transfer services |