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Establish a Cryptocurrency Company in Seychelles
Updated on Wednesday 21st November 2018
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Considering the fast development of cryptocurrency in the past few years, many investors have been attracted to such domain, including in Seychelles. The smart technology is also part of the business environment in Seychelles and it represents a significant part of the overall innovative sector which continues to flourish in the insular state. Foreign entrepreneurs who want to set up a cryptocurrency company in Seychelles can ask for support and information from our team of company formation agents in Seychelles.Conditions to set up a cryptocurrency company in Seychelles
The blockchain technology stands at the base of virtual money worldwide, around 1000 cryptocurrencies being registered at the moment. Cryptocurrency companies in Seychelles can be set up under certain conditions which involve several types of necessary licenses. Moreover, cryptocurrency companies in Seychelles can be registered through offshore companies where the assets are protected, and the privacy is confirmed. One should bear in mind the following types of licenses for opening a cryptocurrency company in Seychelles:
• dealer’s license for Seychelles;
• financial adviser’s license in Seychelles;
• a broker’s license.
The boom of cryptocurrencies registered in the financial sector in recent years stands at the base of forming numerous companies with digital money activities. Forming such company is subject to several documents which must comprise details about the owners, the business address and the share capital involved. If you want details about how to set up an offshore in Seychelles, please do not hesitate to talk to our specialists in company incorporation in Seychelles.
Apply for Bitcoin/Cryptocurrency Exchange License in Seychelles
The Bitcoin/Cryptocurrency Exchange License has been recently added to the necessary documents for opening such business in the financial sector. Even though it is new, there are chances to form a cryptocurrency business in Seychelles with this type of license. Most offshore financial centers worldwide are subject to their own licensing, but they may represent the starting point for other offshore jurisdictions, including Seychelles.
For a better understanding of how a cryptocurrency company can be set up in Seychelles, please feel free to contact our team of company formation agents in Seychelles.
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