Digital Asset Business License
Secure A Bermuda Digital Asset Business License
Are you in need of cryptocurrency licensing expertise? FinLaw’s team of legal experts is here to help! Here are some of the licenses we can help you with:
Malta Cryptocurrency License
Japan Cryptocurrency License
Gibraltar Cryptocurrency License
Estonia Cryptocurrency License
Bermuda Cryptocurrency License
United States Money Transmitter License
Antigua Cryptocurrency License
Singapore Cryptocurrency License
New York Cryptocurrency License
Switzerland Cryptocurrency License
United States Money Service Business Registration
Vanuatu Cryptocurrency License
Advantages of a Digital Asset Business License in Bermuda
Named by Nasdaq as one of the most crypto-friendly countries, Bermuda is a perfect place for crypto-based businesses and investors. The territory has demonstrated its commitment to creating a transparent regulatory framework around the cryptocurrency and blockchain markets with legislation such as the Digital Asset Business Act of 2018.
There is no better time than now to invest in cryptocurrency and blockchain, especially in Bermuda. The average daily Bitcoin trading value exceeds $20 billion and the top ten cryptocurrency exchanges can yield as much as $3 million per day.
In as little as three months, your business can be a part of this market.
GET A Bermuda Digital Asset Business License
Bermuda Digital Asset Business License Cost & Set-Up Fees
|License||Digital Asset Business License|
|Time to License||3 to 4 Months|
|Capital Requirement||Approx. $100,000|
|Tax Structure||Zero (0%) Percent Tax on Offshore Profits|
Instant Access To Our Flat Rate Pricing, Includes All Setup Fees.
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As a leader in the fintech professional services field, FinLaw has had the opportunity to collaborate with thought-leading organizations and has had its work published in leading publications.
Why a Bermuda Digital Asset Business License?
Bermuda is an extremely financially successful British island territory located in the North Atlantic Ocean.
Leveraging its relationship with the United Kingdom within the Commonwealth, Bermuda is a party to several significant international trade accords and tax treaties. The small territory has a notably high GDP per capita – the fourth highest in the world – and, as such, has a long-standing reputation as a robust financial center.
The island territory is an ideal location for a cryptocurrency-based business and offers a Bermuda Digital Asset Business license that allows the holder to operate an international cryptocurrency exchange or cryptocurrency-based payment service, among other options. The license is recognized worldwide and the application process is fairly quick and cost-effective.
Our Bermuda Digital Asset Business License Package Includes :
The preparation and drafting of…
- The establishment of a Bermuda Exempted Company entity
- Shareholder and officer agreements
- Narrative business plans
- Current financial statements
- Three years of financial projections
- Personal financial statements for owners
- Application with the Bermuda Monetary Authority
- Responses to Bermuda Monetary Authority
- Engagement of auditor and local representative
- AML/KYC policies and procedures
- Client agreements and disclosures
- Opening of bank and trading accounts