How to Get a Crypto License in Lithuania Easily in 2025
Starting a crypto business in Europe can be tough. Complex rules, long wait times, and unclear processes often stop entrepreneurs from moving forward.
But there’s one place changing that, Lithuania.
If you want a fast, reliable, and affordable way to set up your crypto company, getting a crypto license in Lithuania is one of the smartest moves you can make.
In this guide, you’ll learn everything about the process, requirements, and benefits, explained in simple language.
Why Lithuania Is a Top Choice for Crypto Entrepreneurs
Lithuania’s Rise as a European Crypto Hub
Lithuania has quickly become one of Europe’s most crypto-friendly countries. It was among the first in the EU to regulate the digital assets industry. Today, it’s a magnet for startups and investors who want a transparent and stable environment to grow their crypto businesses.
The country’s strong fintech culture, easy company registration, and digital-friendly approach make it ideal for crypto founders.
Government Support and Fintech-Friendly Regulations
The Lithuanian government supports innovation. It created a legal framework that encourages fintech and blockchain growth while maintaining strong compliance.
This means crypto firms can operate legally and safely while following EU-level standards.
How Lithuania Compares to Other EU Crypto Markets
Compared to countries like Estonia or France, Lithuania offers a smoother licensing process. You don’t need to be physically present to register your company, and approval can take just 3 to 6 months.
It’s also more cost-effective than many other EU options, making it a perfect choice for new crypto ventures.
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What Is a Lithuania Crypto License?
Overview of the Lithuanian Crypto Regulation Framework
A Lithuania crypto license allows companies to legally provide services related to cryptocurrency exchange and wallet management. The framework was designed to protect users, prevent money laundering, and ensure fair business practices.
Lithuania regulates crypto activities under EU’s Anti-Money Laundering Directive (AMLD) and soon under the MiCA Regulation (Markets in Crypto-Assets).
Who Needs a Crypto License in Lithuania
If your business deals with exchanging crypto assets or managing digital wallets for users, you must obtain a license. This applies to both local and foreign businesses that want to operate in the Lithuanian or EU market.
Regulator and Legal Authority (Bank of Lithuania)
The Bank of Lithuania and the Financial Crime Investigation Service (FCIS) oversee crypto regulations. They ensure all licensed companies follow AML, KYC, and security rules.
Also Read: MyFastBroker Crypto Brokers: Why Traders Still Choose in 2025
Benefits of Getting a Crypto License in Lithuania
Fast Licensing Timeline (3–6 Months)
You can get a fully operational crypto company within three to six months, one of the fastest in Europe.
Low Entry Barriers and Remote Setup
You don’t need to visit Lithuania to start your company. The process can be done remotely through legal representatives.
Access to EU Market and Banking System
A Lithuanian crypto license gives you access to the entire EU market, allowing you to serve clients across 27 member states. You also gain better access to European banking and payment systems.
Investor Trust and Global Expansion Opportunities
Being licensed in a reputable EU country builds investor trust and opens doors for partnerships. It shows your project follows international compliance standards.
Types of Lithuania Crypto Licenses
Cryptocurrency Exchange Operator License
This license allows you to run an exchange platform where users can buy, sell, or trade crypto assets.
Cryptocurrency Wallet (Depository) Operator License
This type allows you to offer wallet services, storing and managing users’ crypto assets securely.
Post-MiCA Licensing Updates and Future Changes
After the MiCA regulation takes effect in 2025, Lithuania will align with new EU-wide crypto laws. Existing licenses will be updated, but the country’s process will remain one of the most business-friendly.
Lithuania Crypto License Requirements in 2025
Company Registration Requirements
You must register a Lithuanian private limited company (UAB). At least one director and shareholder are required, and they can be foreign nationals.
Minimum Share Capital and Financial Obligations
The minimum share capital requirement is €2,500, which must be deposited before applying for the license.
Local Office and Director Requirements
You’ll need a local registered office address. A resident director or compliance officer is often required to handle communication with authorities.
AML, KYC, and CFT Compliance Rules
Licensed crypto companies must have a clear Anti-Money Laundering (AML) and Know Your Customer (KYC) policy. They must identify clients, verify transactions, and report suspicious activities to the FCIS.
Data Protection and IT Security Measures
Your systems must comply with GDPR and ensure user data safety. Security measures like encrypted transactions and secure storage are mandatory.
Risk Management and Internal Control Systems
Every licensed crypto company must implement internal procedures to detect and manage financial and operational risks.
Step-by-Step Guide: How to Get a Crypto License in Lithuania
Step 1: Prepare Your Business Plan and Documents
Prepare a detailed business plan that explains your services, structure, and compliance policies. Gather identification and incorporation documents for all shareholders and directors.
Step 2: Register Your Company in Lithuania
Set up your company as a UAB (Private Limited Company). Register it with the Lithuanian Centre of Registers.
Step 3: Open a Corporate Bank Account
Once your company is registered, open a corporate bank account to deposit share capital and manage funds.
Step 4: Apply for the Crypto License
Submit your application to the Financial Crime Investigation Service (FCIS) along with required documents and AML/KYC policies.
Step 5: Appoint AML Officer and Compliance Team
You must appoint a qualified AML officer to oversee compliance and ensure reporting accuracy.
Step 6: Pay Required Fees and Await Approval
Pay government and processing fees. The review process usually takes 3 to 6 months depending on your documentation.
Step 7: Maintain Ongoing Compliance Post-Licensing
After approval, continue following AML, tax, and reporting regulations. Regular audits may be required to maintain your license.
Timeline and Cost of Getting a Lithuania Crypto License
Average Processing Time (3–6 Months)
The average time to get a crypto license is between three to six months. The timeframe is shorter if your documents are complete and compliant.
Estimated Costs (Registration, Legal, and Compliance Fees)
The total cost can range between €8,000 and €15,000, including company setup, licensing, and legal assistance.
Factors That May Speed Up or Delay the Process
Delays usually happen due to incomplete documents or slow bank account setup. Working with an experienced legal team can help speed up approval.
Common Challenges and How to Overcome Them
Language Barriers and Legal Jargon
Official documents are in Lithuanian. Working with translators or local partners helps avoid mistakes.
AML Officer Recruitment Difficulties
Finding a certified AML officer can be tricky. Many firms hire third-party professionals to fill this role.
Complex Documentation and Regulation Understanding
Crypto laws change fast. Keeping up with legal updates is crucial to stay compliant.
How Expert Assistance Simplifies the Process
Specialized consultants can handle registration, documentation, and communication with regulators, saving you time and money.
European Alternatives to Lithuania Crypto License
Poland Crypto License Overview
Poland offers moderate setup costs but requires local management presence.
Estonia Crypto License Overview
Estonia used to be the top crypto hub but now has stricter regulations and higher fees.
France Crypto License Overview
France has solid regulatory clarity but a long approval process.
Quick Comparison: Lithuania vs. Other EU Options
Lithuania remains the best mix of low cost, fast process, and EU-wide access.
Taxation and Accounting for Crypto Companies in Lithuania
Corporate Tax Obligations
Corporate income tax in Lithuania is 15%. Small companies may qualify for a reduced rate of 5% in their first year.
VAT and Income Tax Rules
Crypto-to-crypto exchanges are exempt from VAT, but income from services is taxable.
Importance of Professional Accounting Support
Accurate accounting helps ensure tax compliance and smooth audits. Professional accountants can manage your filings and financial reporting.
How Expert Partners Help You Get Licensed Faster
Role of Legal and Accounting Teams
Legal partners guide you through registration, document submission, and communication with the FCIS. Accounting teams handle taxes, reporting, and financial compliance.
Benefits of End-to-End Support Services
Using one experienced team for legal and accounting saves time, avoids delays, and reduces costs.
How to Choose the Right Legal Partner
Select firms with proven experience in Lithuanian crypto licensing and EU regulatory frameworks.
FAQs About Lithuania Crypto License
Do You Need a Crypto License in Lithuania?
Yes. Any company offering crypto exchange or wallet services must have a license.
What Is the Minimum Capital Requirement?
You must have at least €2,500 in share capital deposited before applying.
Who Regulates Crypto in Lithuania?
The Bank of Lithuania and FCIS are the main authorities overseeing crypto companies.
Does Lithuania Tax Crypto Profits?
Yes, profits from crypto activities are subject to corporate income tax.
Is Lithuania the Easiest EU Country for a Crypto License?
Yes. With fast processing, low capital, and EU-wide access, Lithuania remains one of the easiest and most reliable options.
Final Thoughts
Lithuania offers a balance of strict compliance and business flexibility. Its fast approval time, low entry cost, and EU access make it ideal for startups and global firms alike.
If you want to operate legally and build trust in the crypto industry, getting a crypto license in Lithuania is a strong first step toward long-term success.
