Obtaining a crypto license is a rather complicated process that requires good legal knowledge from the applicant. If you want to obtain a crypto license in Lithuania quickly, don't hesitate to contact our company: https://gofaizen-sherle.com/crypto-license/lithuania. Here, you will find all the necessary information on this issue and good specialists who will help you with the paperwork.
How long does it take to issue a crypto license?
Many crypto companies that want to get a license in the EU countries are interested in how long it will take to complete all the documents.
The fastest way to get a permit is in Lithuania. Here, obtaining a crypto license takes only a few weeks and you can easily verify this.
So, in the first stage, you need to register a company. You can apply remotely, no matter where you are. Government agencies have a few days (up to 5) to consider your application at this stage.
After that, you need to prepare documents for obtaining a license. You can do this in advance. It usually takes a week to collect all the documents and prepare the company.
Next, you need to personally or through an intermediary submit documents to FCIS. Here, government agencies have up to 20 days to review your application. But usually, it happens much faster.
As a result, if all the documents are in order, you can get a license in Lithuania in just 32 days, while in many other countries, it can take up to six months.
How to make the process of obtaining a license as fast as possible?
The speed of obtaining a license depends on the correctness of the paperwork. To do everything correctly, you need to seek help from specialists.
It matters not only whether you managed to collect a complete list of documents but also how correctly they are filled out. If a government employee notices the slightest mistake, he or she can return documents for revision, which can significantly increase the time it takes to obtain a license.
Our specialists will conduct a full consultation on collecting and completing the necessary documents, identifying the essential points, and finding possible errors. It will make you feel more confident because you will know that all documents are in order.
In addition, if you wish, you can issue a power of attorney for a representative of our company. In this case, he or she will represent your interests in state bodies in Lithuania. Thus, you do not need to come to Vilnius personally if you own a foreign crypto exchange or wallet. Our experts will do everything for you. However, you will need to provide several documents:
- Information about the owner and board members;
- Business plan;
- Certificates of non-conviction;
- Information about anti-fraud mechanisms and much more.
Specialists must know as much information about your company as possible, starting from the date of foundation, ending with all the services that you provide. You also need to prepare translations of documents. This work must be done by professional translators who specialize in legal topics.