Crypto License in Poland
With our support, you can easily launch and grow your cryptocurrency business, relying on the transparent and reliable legislation of Poland.
CRYPTOCURRENCY LICENSE VASP IN POLAND
Who can obtain a VASP license in Poland?
Any individual or legal entity can apply for a cryptocurrency license in Poland. In practice, this is most often an individual operating as a sole proprietor or a commercial company.
The employees of Global Accounting Plus will assist you in gathering the necessary documents for registering a company and obtaining a VASP license in Poland.
Thanks to us, you will be able to legally, quickly, and effortlessly open a cryptocurrency business in Poland and maintain it through lawful means for a long time.
ADVANTAGES OF THE POLISH CRYPTO LICENSE
Why should you choose Poland for registering your crypto company?
License in 14 days
Obtaining a crypto license in Poland takes only 14 days. Fast processing for a dynamic start to your business.
Simple company registration
A company can be opened with only one founder and director, significantly simplifying the process.
Remote processing
The entire process is conducted remotely, with no need to visit Poland. All actions are carried out through a power of attorney.
Access to the unified EU crypto market
By obtaining a crypto license in Poland, your blockchain startup will be able to legally offer services on the European Union's crypto market.
WHICH SERVICES REQUIRE A VASP LICENSE?
The AML/CFT law identifies 4 categories of services for which a VASP license is required
Exchange of virtual currency for fiat currency;
Exchange of fiat currency for virtual currency;
Exchange of virtual currency for another virtual currency;
As well as mediation in such operations;
Examples of organizations that definitely fall under the requirement to obtain a VASP license in Poland include companies that operate cryptocurrency exchanges, cryptocurrency ATMs, cryptocurrency exchanges, or cryptocurrency wallets.
Procedure for Creating a Cryptocurrency Company in Poland
With you every step of the way
Create a Crypto Company Remotely!
Registration is available from anywhere in the world – start right now.
MAIN REQUIREMENTS FOR OPENING
If you want to open a cryptocurrency business in Poland, you must meet the following main requirements:
1. Be free of criminal record - you must not have been convicted of a deliberate crime against the activities of government institutions and local government, against the authenticity of documents, against entrepreneurial and property interests in civil law transactions, against operations with money and securities, crimes related to the financing of terrorism, crimes committed for the purpose of obtaining financial or personal benefit, or deliberate tax-related crimes.
2. Have experience and knowledge in cryptocurrency operations as well as virtual assets. The AML/CFT law also specifies when this qualification requirement may be considered met. This includes the completion date of a course or training covering legal or practical issues related to the virtual currency business or having engaged in virtual currency business activities for at least one year. The qualification must be confirmed with relevant documents. However, it is important to note that these do not need to be attached to the application for registration in the VASP register.
In practice, there are also other requirements that are considered in each specific case.
What you will get by choosing Global Accounting Plus
We will provide you with tailored solutions for the successful development of your business.
WHAT TO CONSIDER WHEN OPENING A CRYPTO COMPANY IN POLAND
Registering a cryptocurrency company in Poland may seem like a simple process, but there are several key aspects that often go unnoticed. It is important to understand that in order to successfully run your business, you will need not only the appropriate license but also to comply with a number of requirements established by Polish law.
Which organizations should apply for the status of a small payment institution?
According to the Payment Services Act, organizations applying for the status of a small payment institution must:
Manage payment accounts with a limit of funds per user up to 2,000 euros (e.g., online accounts).
Perform payment operations with a monthly average value limit of up to 1,500,000 euros.
Provide payment credits for up to 12 months.
Provide acquiring services (card payments, terminals).
Carry out cash and non-cash money transfers, currency exchange.
Hold client funds.
To obtain the status of a small payment institution, an application must be submitted to the Financial Supervision Commission, which must include:
Information about the applicant.
A list of payment services to be provided.
A diagram and description of the services provided.
A declaration of completeness and accuracy of the data.
A declaration of no criminal record for false declarations.
Confirmation of payment of the stamp duty.
Additionally, the company must have a number of internal documents and procedures to meet the mandatory requirements:
Organizational charter.
AML/CFT procedures (anti-money laundering and combating the financing of terrorism).
Security and risk management policies.
Internal control procedures and user fund protection.
Business continuity plan, security incident monitoring programs, and complaint handling procedures.
Preparing all these documents and following the procedures can be an important step toward legally operating a cryptocurrency business in Poland, and neglecting them may lead to legal and financial risks.
Start with the right consultation
Get professional advice and assistance in preparing all the necessary documents to register your business.
Start with the right consultation
Get professional advice and assistance in preparing all the necessary documents to register your business.
