13 August 2026
Open a Cryptocurrency Company in Estonia
Here are a few key points on how to open a crypto company, among which obtaining the Estonia crypto license. Contact our agents for more details.
If you want to open a cryptocurrency company in Estonia, you must register a business and apply for a specific crypto license. Our local consultants can help you with both stages, so that you have a fully functional enterprise as soon as possible.
| Quick Facts | |
|---|---|
| Special legislation available (YES/NO) | YES, the Crypto-Asset Market Act and the EU MiCA Regulation |
Regulatory authority | Financial Supervisory Authority |
Types of entites used to register the company | The private limited liability company (OU) can be used to open a cryptocurrency company in Estonia |
| Local manager required (YES/NO) | YES, however, these can also be e-residents in Estonia |
| Minimum capital requisites (YES/NO) | The OÜ itself needs only EUR 0.01 share capital, but MiCA requires minimum capital of EUR 50,000, 125,000 or 150,000 depending on the services |
| License required (YES/NO) | YES, in Estonia, a crypto license must be obtained |
| Licensing exceptions (YES/NO) | YES, for companies not engaged in crypto trading activities |
| Timeframe to register the company (approx.) | Approx. one week |
| Anti-money regulations applicable (YES/NO) | YES, Anti-Money Laundering Regulations contain specific conditions for crypto license holders in Estonia |
| Specific requirements for foreign investors (YES/NO) | No, foreign investors do not need to meet specific requirements to obtain Estonian crypto licenses |
| Activities permitted for crypto companies | Trading, ATM set up, e-wallet services, mining, virtual money services support |
| Other special requirements applicable (YES/NO) | No, apart from obtaining an Estonian crypto license |
| Taxation of crypto companies in Estonia | Corporate tax applies if the profits of the company are distributed |
| Why choose Estonia | – 0% corporate tax if the profits are not distributed – Estonia is the most advanced country in terms of e-services |
| Support in launching cryptocurrency business (YES/NO) | YES, we can help with the creation of a cryptocurrency company and obtaining the crypto license in Estonia |
| Income tax rate | 22% |
| Double tax treaty network | YES, Estonia has approximately 60 double tax treaties |
| Support in company registration (YES/NO) | YES, we offer company registration services in Estonia |
Are cryptocurrencies legal in Estonia?
Yes, they are.
Can I set up a cryptocurrency company in Estonia as a foreigner?
Yes, you can do that even as an Estonian e-resident.
What is the most suitable business form to start a cryptocurrency company in Estonia?
Our Estonian agents recommend the private limited liability company, as it is the easiest and fastest to incorporate.
How do I register a crypto company in Estonia?
To register a bitcoin business in Estonia, first, a company name has to be chosen, and then it has to be verified for availability.
Then, the company must be registered at the Commercial Register. Next, it has to be registered as a VAT payer, and it must register any employees in the employee registry.
If you would like to open an Estonian cryptocurrency company in 2026, we can advise you on all the necessary procedures required to make this process as simple and fast as possible.
What are the requirements to obtain a crypto license in Estonia?
The following:
- the company must have a physical place of business in Estonia;
- the company must also have at least one resident director;
- the enterprise must appoint a resident Compliance/AML (Anti-Money Laundering) Officer;
- AML Regulations, Internal Control, and Procedural Rules must be drafted in accordance with the International Sanctions Act;
- investor suitability: the Financial Supervision and Resolution Authority will conduct a comprehensive background check on the company owners;
- all company members must have a good reputation, with no criminal record or involvement in fraudulent activity. In addition, all participants must present non-conviction certificates.
We also invite you to read our infographic on this subject:
Is there a minimum capital required to obtain a crypto license in Estonia?
There are two capital requirements to meet:
- the minimum capital required under MiCA (EUR 50,000, EUR 125,000 or EUR 150,000, depending on the services), which must be paid by the time the application is submitted, as Estonia adheres to the Markets in Crypto-Assets Regulation (MiCA);
- EUR 0.01 minimum share capital for the private limited company (OÜ) itself.
Where do I submit the Virtual Asset Service Provider (VASP) license application?
To the Financial Supervision and Resolution Authority (Finantsinspektsioon), which authorises crypto-asset service providers under MiCA.
Since 1 July 2026, the former FIU virtual currency licences are no longer valid, and applications are submitted directly to Finantsinspektsioon (the Financial Supervision and Resolution Authority).
How long does it take to obtain a VASP license in Estonia?
3 to 6 months, depending on the services to be provided by the applicant.
What services can a crypto company offer in Estonia?
The following are acknowledged:
- virtual currency wallet service or custodian services;
- virtual currency exchange services;
- digital currency transfer solutions;
- virtual currency issuance services (ICOs).
The MiCA crypto-asset service provider (CASP) authorisation, which can be obtained by Estonian companies, is issued to:
- cryptocurrency exchange service providers;
- cryptocurrency wallet service providers.
We also invite you to watch a video on this subject:
How are cryptocurrency companies taxed in Estonia?
Crypto-related income is treated as gains obtained from property transfers. As such it is subject to a 22% tax rate. When it comes to companies, they will not be taxed unless the profits are distributed among the shareholders. This makes Estonia one of the best countries in Europe to open a crypto company in.
In terms of fiscal requirements, such businesses are required to file audited reports. For support in financial matters for your crypto company, you can rely on our accountants in Estonia.
In case you need to know more about the Bitcoin industry in Estonia or to set up a legal entity in this country, please speak to our friendly company formation representatives in Estonia. You can rely on our company registration representatives for full information and assistance related to the preparation of the documents needed to create a company and obtain the Estonia cryptocurrency license in 2026.