Time vs Cost — Why Buy Existing
A fresh crypto VASP licence application in Estonia takes 3–6 months minimum, costs €15,000–30,000 in professional fees and capital requirements, and carries the risk of rejection if your application is not perfectly prepared. A Lithuanian VASP licence takes 2–4 months and requires similar investment. During that entire period, your business cannot operate legally.
Buying a ready-made licensed entity compresses that 3–6 month wait into 1–4 weeks. The total cost is typically higher than a fresh application, but the value of 2–5 months of earlier operational time — revenue, partnerships, banking relationships, market timing — usually far exceeds the premium. For businesses with urgent commercial needs, it is frequently the only viable option.
Additionally, some jurisdictions have effectively closed to new applications or have backlogs that make timelines unpredictable. A ready-made entity bypasses the queue entirely.
Crypto Licence Types Available
| Jurisdiction | Licence Type | Regulator | Typical Transfer Time | Indicative Price |
|---|---|---|---|---|
| 🇻🇨 SVG | VASP Registration / IBC | SVGFSA / FSA | 1–2 weeks | $15,000–$35,000 |
| 🇸🇨 Seychelles | VASP (FSA) | Financial Services Authority | 2–4 weeks | $25,000–$55,000 |
| 🇰🇲 Anjouan (MWALI) | Offshore Crypto Licence | MWALI IORC | 1–2 weeks | $15,000–$30,000 |
| 🇪🇪 Estonia | VASP (Virtual Currency) | FIU (Finantsinspektsioon) | 3–5 weeks | €45,000–€100,000 |
| 🇱🇹 Lithuania | VASP | Bank of Lithuania | 3–5 weeks | €40,000–€90,000 |
Prices are indicative and subject to availability. Prices reflect the premium for an existing licensed entity, including the licence value, corporate structure, AML programme, and transition services. Actual prices depend on the specific entity, its history, banking relationships, and current market demand. Enquire for current inventory and pricing.
What's Included in the Transfer
- Full corporate entity (certificate of incorporation, MOA/AOA, shareholder register)
- Licence certificate (original or certified copy)
- Change of directors and shareholders documentation
- Regulator change-of-control notification filing
- Updated AML programme documentation (tailored for new ownership)
- Existing AML officer resignation / new AML officer appointment
- Introduction to existing or new banking / PSP partner
- Full due diligence report on entity's prior history (no trading history confirmation)
- 12-month compliance calendar and next renewal deadlines
Change of Ownership Procedure
The transfer process for a ready-made crypto-licensed entity follows a clear sequence. Understanding this sequence helps set realistic expectations about timeline and requirements.
Step 1 — Buyer KYC: We collect full KYC documentation from all incoming directors and shareholders (passport, address proof, bank reference, source of funds/wealth declaration, CV). This is required both by our internal AML policy and by the regulator for change-of-control notification.
Step 2 — Due Diligence Report Review: We provide the buyer with the entity's full due diligence report. Buyer confirms acceptance of the entity history.
Step 3 — Share Transfer Deed and Director Changes: Share transfer deed executed. New directors appointed. Corporate registers updated. Registered agent notified.
Step 4 — Regulator Notification: Change of control notification filed with the relevant regulator. For EU regulators (Estonian FIU, Bank of Lithuania), this typically requires submission of new UBO/director KYC documentation. Regulators generally acknowledge within 2–4 weeks.
Step 5 — AML Programme Update: AML programme updated to reflect new ownership, business description, and risk profile. New AML officer appointed where required.