{"id":22098,"date":"2022-05-27T17:38:35","date_gmt":"2022-05-27T15:38:35","guid":{"rendered":"https:\/\/www.pfser.com\/?page_id=22098"},"modified":"2026-08-21T10:26:04","modified_gmt":"2026-08-21T08:26:04","slug":"cryptocurrency-license-in-lithuania","status":"publish","type":"page","link":"https:\/\/www.pfser.com\/en\/cryptocurrency-license-in-lithuania\/","title":{"rendered":"Cryptocurrency License in Lithuania"},"content":{"rendered":"<p>[vc_row full_width=&#8221;stretch_row&#8221; el_class=&#8221;pfser-row&#8211;white&#8221; css=&#8221;.vc_custom_1636410880734{padding-top: 50px !important;padding-bottom: 60px !important;}&#8221;][vc_column]\n        <div class='pfser-icon pfser-icon-info pfser-icon--align-center'><img decoding=\"async\" src=\"https:\/\/www.pfser.com\/wp-content\/themes\/levelup\/assets\/icons\/info.svg\" style=\"max-width:-1px;width:-1px;max-height:100px; height:100px;margin-bottom:30px\" alt=\"\"><\/div>\n    [vc_column_text css=&#8221;.vc_custom_1653664635585{padding-bottom: 50px !important;}&#8221;]<\/p>\n<h2 style=\"text-align: center;\">Cryptocurrency License in Lithuania (MiCA CASP Authorisation) &mdash; An Overview<\/h2>\n<p>[\/vc_column_text][vc_row_inner][vc_column_inner width=&#8221;1\/6&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;2\/3&#8243;][vc_column_text]<\/p>\n<p style=\"margin-bottom: 20px; text-align: justify;\">Private Financial Services specialists were among the first to assist with obtaining a cryptocurrency license in Lithuania. We saw the original regime open in 2020 &mdash; and we now work in the one that replaced it.<\/p>\n<p style=\"margin-bottom: 20px; text-align: justify;\">For five years Lithuania was the fastest and cheapest crypto entry point in the European Union. You registered a UAB, filed with the Financial Crime Investigation Service, appeared in the register, and started trading. Thousands of companies did exactly that.<\/p>\n<p style=\"margin-bottom: 20px; text-align: justify;\"><strong>That model ended on 31 December 2025.<\/strong> Since 1 January 2026, providing crypto-asset services in or from Lithuania requires a <strong>CASP authorisation from the Bank of Lithuania<\/strong> under the EU&rsquo;s Markets in Crypto-Assets Regulation. Operating without it is not a technical breach &mdash; it is unauthorised financial activity, with potential criminal liability for the directors.<\/p>\n<p style=\"text-align: justify;\">Here is the part worth understanding before you dismiss the change as bad news: what replaced the old regime is far more valuable. A single CASP authorisation from Vilnius passports across all 27 EU member states plus the EEA. The old Lithuanian registration never did that. The barrier went up, and so did what you get for clearing it.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/6&#8243;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1605639610781{padding-top: 40px !important;padding-bottom: 20px !important;background-color: #ba8350 !important;}&#8221; el_class=&#8221;crypto-about__title crypto-container&#8221;][vc_column]\n        <div class='pfser-icon pfser-icon-advantage pfser-icon--align-center'><div class='pfser-icon__image' style='max-width:65px;width:65px;max-height:65px; height:65px;margin-bottom:30px'><?xml version=\"1.0\" encoding=\"UTF-8\"?>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"217\" height=\"196\" viewBox=\"0 0 217 196\"><g fill=\"none\" fill-rule=\"evenodd\"><g fill=\"#C6996F\" fill-rule=\"nonzero\"><path d=\"M206.353 127.115c-6.781 6.147-15.672 7.075-19.68 7.166-1.097 3.15-2.384 6.211-3.837 9.185 10.128-2.544 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css=&#8221;.vc_custom_1653665116183{padding-bottom: 30px !important;}&#8221;]<\/p>\n<h2 class=\"color--white\" style=\"text-align: center;\">What Changed &mdash; From VASP Registration to CASP Authorisation<\/h2>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; el_class=&#8221;pfser-row&#8211;white&#8221; css=&#8221;.vc_custom_1605642480154{padding-top: 30px !important;padding-bottom: 60px !important;}&#8221;][vc_column][vc_row_inner el_class=&#8221;crypto-about__item&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;]\n        <div class='pfser-icon pfser-icon-court pfser-icon--align-center'><img decoding=\"async\" src=\"https:\/\/www.pfser.com\/wp-content\/themes\/levelup\/assets\/icons\/court.svg\" style=\"max-width:95px;width:95px;max-height:80px; height:80px\" alt=\"\"><\/div>\n    [vc_column_text el_class=&#8221;crypto-about__item-text&#8221;]<\/p>\n<h3>The Old Regime and the New One<\/h3>\n<p style=\"margin-bottom: 20px; text-align: left;\">The two are not variations of the same thing. Every material parameter changed:<\/p>\n<div class=\"pfser-list pfser-list--leo-head\">\n<div class=\"pfser-list__container\">\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>Legal basis.<\/strong> The old registration rested on national AML law. The new authorisation rests on Regulation (EU) 2023\/1114 &mdash; MiCA;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>Authority.<\/strong> Licensing moved from the Financial Crime Investigation Service to the <strong>Bank of Lithuania<\/strong>. The FNTT retains AML supervision only;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>Nature.<\/strong> An entry in a register has become a full financial authorisation;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>Minimum capital.<\/strong> None at first, then &euro;125,000 from late 2022. Now &euro;50,000, &euro;125,000 or &euro;150,000 depending on the service class;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>EU market access.<\/strong> The registration covered Lithuania alone. The authorisation passports across all 27 member states and the EEA;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>Substance.<\/strong> Minimal before; now a physical office, a resident director, a resident AML officer and substance interviews;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>Timeline.<\/strong> Weeks before; months now;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\">\n<div class=\"wpb_wrapper\">\n<p><strong>Ongoing obligations.<\/strong> Basic AML reporting before. Now prudential, conduct and disclosure requirements, supervisory reporting, annual audit, the Travel Rule and DORA.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p style=\"margin-top: 40px; text-align: left;\">Guides still describing FCIS registration, a two-month timeline and a few thousand euros in fees are describing a jurisdiction that no longer exists. Some of them are still ranking.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-about__item&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;]\n        <div class='pfser-icon pfser-icon-calendar-gold pfser-icon--align-center'><img decoding=\"async\" src=\"https:\/\/www.pfser.com\/wp-content\/themes\/levelup\/assets\/icons\/calendar-gold.svg\" style=\"max-width:95px;width:95px;max-height:80px; height:80px\" alt=\"\"><\/div>\n    [vc_column_text el_class=&#8221;crypto-about__item-text&#8221;]<\/p>\n<h3>Key Dates and the Transition<\/h3>\n<p style=\"margin-bottom: 20px; text-align: left;\">The Law on Markets in Crypto-Assets took effect on 11 July 2024, transferring CASP licensing to the Bank of Lithuania. The CASP regime became fully operational on 30 December 2024. The Seimas then extended the transitional window for existing VASPs to <strong>1 January 2026<\/strong> &mdash; earlier than the EU-wide backstop of 1 July 2026, which several member states also chose to shorten.<\/p>\n<p style=\"text-align: left;\">The market narrowed sharply in the process. Of more than 370 companies that had declared an intention to provide crypto-asset services to the Lithuanian register, only around 120 were actually trading and filing accounts, and as of mid-2025 roughly 30 had applied to the Bank of Lithuania. That is what a real authorisation regime does to a register full of shelf companies &mdash; and it is why a Lithuanian CASP authorisation now carries weight with banks and counterparties that the old registration never did.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-about__item&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;]\n        <div class='pfser-icon pfser-icon-signature pfser-icon--align-center'><div class='pfser-icon__image' style='max-width:95px;width:95px;max-height:80px; height:80px'><?xml version=\"1.0\" 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L118.57204,84.380499 L18.71102,84.380499 L18.71102,78.128558 Z M18.71102,65.624677 L118.57204,65.624677 L118.57204,71.876617 L18.71102,71.876617 L18.71102,65.624677 Z M18.71102,53.120795 L118.57204,53.120795 L118.57204,59.372736 L18.71102,59.372736 L18.71102,53.120795 Z M126.63536,37.490943 L99.84035,10.661422 L99.84035,37.490943 L126.63536,37.490943 Z\" fill=\"#c6996f\"\/><\/g><\/g><\/svg>\n<\/div><\/div>\n    [vc_column_text el_class=&#8221;crypto-about__item-text&#8221;]<\/p>\n<h3>What a CASP Authorisation Covers<\/h3>\n<p style=\"margin-bottom: 20px; text-align: left;\">A single authorisation can cover the crypto-asset services you apply for, which under MiCA include:<\/p>\n<div class=\"pfser-list pfser-list--leo-head\">\n<div class=\"pfser-list__container\">\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p>Custody and administration of crypto-assets on behalf of clients;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p>Exchange of crypto-assets for funds, and for other crypto-assets;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p>Operation of a trading platform;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p>Execution of orders on behalf of clients;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p>Placing of crypto-assets;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p>Reception and transmission of orders;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p>Advice on crypto-assets;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p>Portfolio management of crypto-assets;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\">\n<div class=\"wpb_wrapper\">\n<p>Transfer services.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p style=\"margin-top: 40px; text-align: left;\">You specify the services in the application, and the capital requirement follows from them.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-about__item&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;]\n        <div class='pfser-icon pfser-icon-money pfser-icon--align-center'><div class='pfser-icon__image' style='max-width:95px;width:95px;max-height:80px; height:80px'><?xml version=\"1.0\" encoding=\"UTF-8\"?>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" width=\"74px\" height=\"100px\" viewBox=\"0 0 74 100\" version=\"1.1\"><g id=\"malta\/gibraltar\" stroke=\"none\" stroke-width=\"1\" fill=\"none\" fill-rule=\"evenodd\"><g id=\"money\" fill=\"#CF142C\" fill-rule=\"nonzero\"><path d=\"M43.145271,23.835545 L43.142122,23.83397 L43.1232275,23.83397 L43.1027585,23.8324 L43.101184,23.8324 L43.077566,23.83083 L43.0649695,23.82926 L43.0555225,23.82926 L42.962625,23.82769 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C59.888875,92.54751 64.051945,89.413525 66.7648685,84.63479 C83.639159,54.924015 42.5437985,30.918815 42.427283,30.849695 C42.288724,30.768005 42.16591,30.667465 42.0635655,30.55436 Z\" id=\"Shape\" fill=\"#c6996f\"\/><\/g><\/g><\/svg>\n<\/div><\/div>\n    [vc_column_text el_class=&#8221;crypto-about__item-text&#8221;]<\/p>\n<h3>Capital by Service Class<\/h3>\n<p style=\"margin-bottom: 20px; text-align: left;\">Minimum own funds depend on which services the authorisation covers:<\/p>\n<div class=\"pfser-list pfser-list--leo-head\">\n<div class=\"pfser-list__container\">\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>Class 1 &mdash; &euro;50,000.<\/strong> Broadly covers advice, reception and transmission of orders, placing, transfers and execution;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>Class 2 &mdash; &euro;125,000.<\/strong> Custody, exchange for funds or for other crypto-assets, and portfolio management;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\">\n<div class=\"wpb_wrapper\">\n<p><strong>Class 3 &mdash; &euro;150,000.<\/strong> Operation of a trading platform.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p style=\"margin-top: 40px; text-align: left;\">Own funds must be genuinely capitalised. Plan capital in euro fiat and be ready to evidence the source of funds through normal banking documentation &mdash; a contribution in crypto-assets should not be assumed acceptable.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1605639610781{padding-top: 40px !important;padding-bottom: 20px !important;background-color: #ba8350 !important;}&#8221; el_class=&#8221;crypto-about__title crypto-container&#8221;][vc_column]\n        <div class='pfser-icon pfser-icon-steps pfser-icon--align-center'><div class='pfser-icon__image' style='max-width:65px;width:65px;max-height:65px; height:65px;margin-bottom:30px'><?xml version=\"1.0\" encoding=\"UTF-8\"?>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"147\" height=\"200\" viewBox=\"0 0 147 200\"><g fill=\"none\" fill-rule=\"evenodd\"><g fill=\"#C6996F\" fill-rule=\"nonzero\"><g><path d=\"M143.333 200h-140C1.493 200 0 198.51 0 196.667V30c0-1.842 1.493-3.333 3.333-3.333h140c1.841 0 3.334 1.49 3.334 3.333v166.667c0 1.842-1.493 3.333-3.334 3.333zM6.667 193.333H140v-160h-29L107 25H40l-1 8.333H6.667v160z\" fill=\"#ffffff\"\/><path d=\"M130 186.667H16.667c-1.841 0-3.334-1.491-3.334-3.334v-140c0-1.842 1.493-3.333 3.334-3.333H39c1.28 0-.362 7 1 7 11.064 0 33.432 3.168 67 0 1.28-.12 3.28-2.454 6-7h17c1.84 0 3.333 1.49 3.333 3.333v140c0 1.843-1.492 3.334-3.333 3.334zM20 180h106.667V46.667H20V180z\" fill=\"#ffffff\"\/><path d=\"M110 53.333H36.667c-1.841 0-3.334-1.49-3.334-3.333V30c0-5.514 4.486-10 10-10h60c5.515 0 10 4.486 10 10v20c0 1.842-1.492 3.333-3.333 3.333zm-70-6.666h66.667V30c0-1.84-1.496-3.333-3.334-3.333h-60C41.496 26.667 40 28.16 40 30v16.667z\" fill=\"#ffffff\"\/><path d=\"M90 26.667H56.667c-1.841 0-3.334-1.491-3.334-3.334V20c0-11.029 8.972-20 20-20 11.029 0 20 8.971 20 20v3.333c0 1.843-1.492 3.334-3.333 3.334zM60 20h26.667c0-7.354-5.982-13.333-13.334-13.333C65.981 6.667 60 12.647 60 20z\" fill=\"#ffffff\"\/><path d=\"M73.333 16.667c-.9 0-1.733-.336-2.366-.967-.301-.335-.534-.7-.702-1.1-.166-.4-.265-.834-.265-1.267 0-.866.366-1.735.967-2.366 1.232-1.234 3.5-1.234 4.733 0 .599.631.967 1.5.967 2.366 0 .433-.101.866-.267 1.267-.168.4-.4.765-.7 1.1-.633.631-1.467.967-2.367.967zM43.333 93.333c-.879 0-1.728-.348-2.356-.976L34.31 85.69c-1.302-1.302-1.302-3.411 0-4.713 1.302-1.303 3.411-1.303 4.713 0l3.648 3.649 7.804-13.008c.946-1.582 2.995-2.093 4.574-1.143 1.579.948 2.09 2.995 1.142 4.574l-10 16.666c-.527.88-1.432 1.469-2.45 1.592-.136.017-.273.026-.408.026zM110 86.667H70c-1.84 0-3.333-1.491-3.333-3.334C66.667 81.491 68.159 80 70 80h40c1.84 0 3.333 1.49 3.333 3.333 0 1.843-1.492 3.334-3.333 3.334zM43.333 126.667c-.879 0-1.728-.349-2.356-.977l-6.667-6.667c-1.302-1.302-1.302-3.411 0-4.713s3.411-1.302 4.713 0l3.648 3.649 7.804-13.008c.946-1.579 2.995-2.093 4.574-1.142 1.579.947 2.09 2.994 1.142 4.573l-10 16.667c-.527.879-1.432 1.468-2.45 1.592-.136.016-.273.026-.408.026zM110 120H70c-1.84 0-3.333-1.49-3.333-3.333 0-1.843 1.492-3.334 3.333-3.334h40c1.84 0 3.333 1.491 3.333 3.334 0 1.842-1.492 3.333-3.333 3.333zM43.333 160c-.879 0-1.728-.348-2.356-.977l-6.667-6.666c-1.302-1.302-1.302-3.412 0-4.714 1.302-1.302 3.411-1.302 4.713 0l3.648 3.65 7.804-13.008c.946-1.583 2.995-2.094 4.574-1.143 1.579.947 2.09 2.995 1.142 4.573l-10 16.667c-.527.88-1.432 1.468-2.45 1.592-.136.016-.273.026-.408.026zM110 153.333H70c-1.84 0-3.333-1.49-3.333-3.333 0-1.842 1.492-3.333 3.333-3.333h40c1.84 0 3.333 1.49 3.333 3.333 0 1.842-1.492 3.333-3.333 3.333z\" fill=\"#ffffff\"\/><\/g><\/g><\/g><\/svg>\n<\/div><\/div>\n    [vc_column_text css=&#8221;.vc_custom_1653665431799{padding-bottom: 30px !important;}&#8221;]<\/p>\n<h2 class=\"color--white\" style=\"text-align: center;\">Requirements, Compliance and Costs<\/h2>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; el_class=&#8221;pfser-row&#8211;white&#8221; css=&#8221;.vc_custom_1605642480154{padding-top: 30px !important;padding-bottom: 60px !important;}&#8221;][vc_column][vc_row_inner el_class=&#8221;crypto-about__item&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;]\n        <div class='pfser-icon pfser-icon-person pfser-icon--align-center'><img decoding=\"async\" src=\"https:\/\/www.pfser.com\/wp-content\/themes\/levelup\/assets\/icons\/person.svg\" style=\"max-width:95px;width:95px;max-height:80px; height:80px\" alt=\"\"><\/div>\n    [vc_column_text el_class=&#8221;crypto-about__item-text&#8221;]<\/p>\n<h3>Substance &mdash; What the Bank of Lithuania Actually Requires<\/h3>\n<p style=\"margin-bottom: 20px; text-align: left;\">This is where most applications fail, and where the gap between the old regime and the new one is widest.<\/p>\n<div class=\"pfser-list pfser-list--leo-head\">\n<div class=\"pfser-list__container\">\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>Legal form.<\/strong> A Lithuanian UAB;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>Physical office.<\/strong> A real office in Lithuania. Virtual office arrangements and nominee directors are rejected;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>Board.<\/strong> At least two members, of whom at least one must be a Lithuanian resident. The place of effective management must be in the EU;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>Management experience.<\/strong> Board members must show relevant senior management experience and knowledge of the crypto-asset business, assessed individually;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>AML compliance officer.<\/strong> Must be a Lithuanian tax resident. EU residency alone does not satisfy this;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>Fit and proper.<\/strong> Directors, key function holders and beneficial owners are assessed for reputation and clean criminal records;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>Bank account.<\/strong> With a Lithuanian credit institution, or a foreign bank operating through a Lithuanian branch;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\">\n<div class=\"wpb_wrapper\">\n<p><strong>Ownership.<\/strong> 100% foreign ownership is permitted. There is no local shareholder requirement &mdash; ownership and governance are separate questions.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p style=\"margin-top: 40px; text-align: left;\"><strong>The Bank of Lithuania conducts substance interviews with key management as part of the assessment.<\/strong> A well-drafted file that falls apart in conversation with the regulator does not pass. Plan for real people in real roles.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-about__item&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;]\n        <div class='pfser-icon pfser-icon-court pfser-icon--align-center'><img decoding=\"async\" src=\"https:\/\/www.pfser.com\/wp-content\/themes\/levelup\/assets\/icons\/court.svg\" style=\"max-width:95px;width:95px;max-height:80px; height:80px\" alt=\"\"><\/div>\n    [vc_column_text el_class=&#8221;crypto-about__item-text&#8221;]<\/p>\n<h3>Compliance &mdash; Three Things That Did Not Exist Before<\/h3>\n<div class=\"pfser-list pfser-list--leo-head\">\n<div class=\"pfser-list__container\">\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>A crypto-specific AML programme.<\/strong> A generic AML framework, or one translated from another sector or jurisdiction, will not pass. The Bank of Lithuania expects blockchain analytics integration, crypto-specific customer risk typologies, and enhanced due diligence calibrated to crypto activity;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>The Travel Rule.<\/strong> Regulation (EU) 2023\/1113 requires originator and beneficiary information to accompany every crypto-asset transfer, and to be handled on the receiving side. This needs a working technical implementation, not a policy document;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\">\n<div class=\"wpb_wrapper\">\n<p><strong>DORA.<\/strong> The Digital Operational Resilience Act has applied since 17 January 2025 and covers CASPs. Expect to demonstrate an ICT risk management framework, an ICT risk register, incident reporting procedures, digital resilience testing, and documented control of third-party ICT providers. For most applicants this is the least anticipated and most time-consuming workstream.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p style=\"margin-top: 40px; text-align: left;\">Ongoing obligations after authorisation include periodic supervisory reporting to the Bank of Lithuania, annual external audit, continuous capital adequacy, and AML\/CFT supervision by the <a href=\"https:\/\/www.fntt.lt\/en\/\" rel=\"nofollow noopener\" target=\"_blank\">FNTT<\/a>.<\/p>\n<p style=\"text-align: left;\">The claim on older pages that companies involved in crypto activities have no specific reporting requirements, and can keep books like any ordinary company, was true in 2022. It is not true now, and it is not a small difference.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-about__item&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;]\n        <div class='pfser-icon pfser-icon-calendar-gold pfser-icon--align-center'><img decoding=\"async\" src=\"https:\/\/www.pfser.com\/wp-content\/themes\/levelup\/assets\/icons\/calendar-gold.svg\" style=\"max-width:95px;width:95px;max-height:80px; height:80px\" alt=\"\"><\/div>\n    [vc_column_text el_class=&#8221;crypto-about__item-text&#8221;]<\/p>\n<h3>Timeline and Cost &mdash; Realistically<\/h3>\n<p style=\"margin-bottom: 20px; text-align: left;\"><strong>Timeline.<\/strong> MiCA sets a statutory clock: the regulator checks completeness, then assesses. In practice, expect <strong>three to six months from a complete submission<\/strong>, and longer if the file raises questions. Preparation &mdash; company, capital, substance, AML programme, DORA documentation &mdash; typically runs another three to five months before you are ready to file. Nothing shortens this. Flying to Vilnius does not accelerate a MiCA assessment; only application quality does.<\/p>\n<p style=\"margin-bottom: 20px; text-align: left;\"><strong>Cost.<\/strong> All-in budgets for a Lithuanian CASP authorisation commonly run into six figures once minimum capital, legal and compliance build, local staffing, banking onboarding and translation are counted. The capital alone is &euro;50,000&ndash;&euro;150,000, and it is not a fee &mdash; it is your money, held as own funds.<\/p>\n<p style=\"text-align: left;\">Any quotation in the low thousands is describing the 2022 registration regime. That regime is closed.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-about__item&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;]\n        <div class='pfser-icon pfser-icon-profile-banking-gold pfser-icon--align-center'><img decoding=\"async\" src=\"https:\/\/www.pfser.com\/wp-content\/themes\/levelup\/assets\/icons\/profile-banking-gold.svg\" style=\"max-width:95px;width:95px;max-height:80px; height:80px\" alt=\"\"><\/div>\n    [vc_column_text el_class=&#8221;crypto-about__item-text&#8221;]<\/p>\n<h3>Bank Account<\/h3>\n<p style=\"margin-bottom: 20px; text-align: left;\">Lithuania hosts the EU&rsquo;s largest concentration of licensed <a href=\"https:\/\/www.pfser.com\/en\/payment-institutions\/\">payment and e-money institutions<\/a>, which historically made accounts easy for crypto companies. That is less true than it was: banks have tightened on crypto generally, and a CASP must hold its account with a Lithuanian credit institution or a Lithuanian branch of a foreign bank.<\/p>\n<p style=\"text-align: left;\">The authorisation itself helps materially here &mdash; a supervised CASP is a fundamentally different counterparty to an FCIS-registered shell, and banks treat it accordingly. But the account should be planned alongside the application, not after it. We run both tracks together and will not promise a guaranteed account, because nobody can. More on <a href=\"https:\/\/www.pfser.com\/en\/bank-accounts\/\">bank account opening<\/a>.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-about__item&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;]\n        <div class='pfser-icon pfser-icon-taxes pfser-icon--align-center'><img decoding=\"async\" src=\"https:\/\/www.pfser.com\/wp-content\/themes\/levelup\/assets\/icons\/taxes.svg\" style=\"max-width:95px;width:95px;max-height:80px; height:80px\" alt=\"\"><\/div>\n    [vc_column_text el_class=&#8221;crypto-about__item-text&#8221;]<\/p>\n<h3>Tax Policy<\/h3>\n<p style=\"margin-bottom: 20px; text-align: left;\">Lithuania ran a tax reform effective 1 January 2026, so the figures on most pages are out of date.<\/p>\n<div class=\"pfser-list pfser-list--leo-head\">\n<div class=\"pfser-list__container\">\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>Corporate income tax &mdash; 17% standard<\/strong>, up from 16% in 2025 and 15% before that. Qualifying new small companies pay 0% for their first two tax periods, then 7% while under &euro;300,000 revenue with fewer than 10 employees &mdash; though a properly capitalised and staffed CASP will often exceed those thresholds;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>Dividends.<\/strong> 15% personal income tax to individual shareholders; 17% where paid to a company, subject to the participation exemption (10% holding for 12 months) and the EU Parent-Subsidiary Directive;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p><strong>VAT &mdash; 21% standard.<\/strong> Crypto-asset exchange services are VAT-exempt, following the European Court of Justice&rsquo;s treatment of crypto as currency for VAT purposes. Ancillary services are not;<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\">\n<div class=\"wpb_wrapper\">\n<p><strong>Treaty network.<\/strong> Around 55 double taxation agreements. Note that Lithuania&rsquo;s treaties with Russia and Belarus both terminated with effect from 1 January 2026.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p style=\"margin-top: 40px; text-align: left;\"><strong>And the point most licensing pages skip entirely:<\/strong> low Lithuanian tax is not the same as low tax for you. Your own country of residence may tax the company through controlled foreign company rules, or treat it as resident where it is actually managed. We assess both sides.<\/p>\n<p style=\"text-align: left;\">For the corporate layer in detail, see <a href=\"https:\/\/www.pfser.com\/en\/company-formation-in-lithuania\/\">company formation in Lithuania<\/a>.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-about__item&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;]\n        <div class='pfser-icon pfser-icon-advantage pfser-icon--align-center'><img decoding=\"async\" src=\"https:\/\/www.pfser.com\/wp-content\/themes\/levelup\/assets\/icons\/advantage.svg\" style=\"max-width:95px;width:95px;max-height:80px; height:80px\" alt=\"\"><\/div>\n    [vc_column_text el_class=&#8221;crypto-about__item-text&#8221;]<\/p>\n<h3>Is Lithuania the Right Choice?<\/h3>\n<p style=\"margin-bottom: 20px; text-align: left;\"><strong>It fits<\/strong> if the EU is genuinely your market, if you can capitalise properly, and if you can support a real office, a resident director and a resident compliance officer in Vilnius. The Bank of Lithuania operates in English, publishes structured guidance and offers pre-application engagement &mdash; its assessment timelines compare well against most EU regulators.<\/p>\n<p style=\"margin-bottom: 20px; text-align: left;\"><strong>It does not fit<\/strong> if your customers are outside the EU and you are choosing Lithuania for its reputation rather than its market, or if the economics cannot carry the capital and substance. In those cases the honest answer is either the CySEC route in <a href=\"https:\/\/www.pfser.com\/en\/company-formation-in-cyprus\/\">Cyprus<\/a> or <a href=\"https:\/\/www.pfser.com\/en\/offshore-crypto-licenses\/\">licensing outside the EU<\/a> &mdash; and we will say so rather than sell you a file that will not clear.<\/p>\n<p style=\"text-align: left;\">One thing to be clear about in the other direction: <strong>no non-EU licence substitutes for this one.<\/strong> Since 1 July 2026, ESMA has confirmed that third-country firms cannot provide crypto-asset services to EU clients or solicit them, in B2C or B2B. If the EU is the market, MiCA authorisation is the only route.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1604093814111{padding-top: 50px !important;padding-bottom: 60px !important;background-color: #ba8350 !important;}&#8221;][vc_column text_color=&#8221;#fafafa&#8221;][vc_column_text css=&#8221;.vc_custom_1653665687014{margin-bottom: 50px !important;}&#8221;]<\/p>\n<h3 class=\"typo-heading-h2 text-white\" style=\"text-align: center;\">Our Specialists Will Provide the Following Services:<\/h3>\n<p>[\/vc_column_text][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]Business model analysis and CASP service classification &mdash; which class, which capital tier;[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]Lithuanian UAB formation, structuring and capitalisation;[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]Substance: office, resident director and resident AML compliance officer;[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]AML\/CFT programme built for MiCA and Lithuanian requirements, including Travel Rule implementation;[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]DORA and ICT governance documentation;[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]Business plan, financial projections and governance framework;[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]Full support through the Bank of Lithuania application, including regulator correspondence;[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]Legal address for the company and, if necessary, assistance in finding a separate office and hiring qualified staff;[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]Payment of all state, notary fees and duties;[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]Banking and payment account introductions;[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]Post-authorisation compliance, reporting and audit coordination;[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]Remediation for companies that held a Lithuanian VASP registration and did not transition before the deadline.[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_column_text css=&#8221;.vc_custom_1653665830670{margin-bottom: 50px !important;padding-top: 15px !important;}&#8221;]<\/p>\n<h3 class=\"text-white typo-heading-h2\" style=\"text-align: center;\">Tell us which crypto-asset services you intend to provide, where your customers are and what capital you have available. We will tell you which CASP class you need and what the realistic timeline and budget look like &mdash; before you commit to anything.<\/h3>\n<h3 class=\"text-white typo-heading-h2\" style=\"text-align: center;\">If a MiCA authorisation in Lithuania does not meet your needs, you can review <a style=\"color: #ffffff;\" href=\"https:\/\/www.pfser.com\/en\/offshore-crypto-licenses\/\">other crypto-friendly jurisdictions<\/a> or see our full <a style=\"color: #ffffff;\" href=\"https:\/\/www.pfser.com\/en\/licensing\/\">licensing services<\/a>.<\/h3>\n<p>[\/vc_column_text]\n        <div class='pfser-icon pfser-icon-logo pfser-icon--align-center'><div class='pfser-icon__image' style='max-width:200px;width:100%'><?xml version=\"1.0\" encoding=\"UTF-8\"?>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"400\" height=\"120\" viewBox=\"0 0 400 120\"><defs><linearGradient id=\"prefix__a\" x1=\"38.359%\" x2=\"50%\" y1=\"46.425%\" y2=\"52.205%\"><stop offset=\"0%\" stop-color=\"#FFF\"\/><stop offset=\"100%\" stop-color=\"#AAA7BA\"\/><\/linearGradient><\/defs><path fill=\"#ffffff\" d=\"M144.304 11.154s-8.101 0-9.874.253c-1.772.253-2.531.76-2.531.76l-3.545 3.797 12.659-1.266c-.254-.253 1.519-3.038 3.29-3.544zm68.354 97.455c7.595 0 15.19.253 22.785.253-.253-1.012-.506-3.29 1.013-4.05 1.519-.506 3.038-.76 3.038-.76l3.29.507 4.558.506s.76-.506.76-2.531c.252-2.025-.507-5.316-3.039-6.834-2.531-1.52-9.62-7.341-14.43-12.15-4.05-4.05-10.38-13.67-11.14-20.251-.759-7.594-.759-10.632-.759-10.632s-2.785 11.391-1.772 13.923c-2.278-.254-5.063 1.012-9.62 3.037-7.848 3.544-11.646 7.34-20 10.378-8.355 3.038-18.734 1.52-18.734 1.52s1.519-1.013 2.531-3.545c.76-2.53.76-6.328.76-6.328s-.76 3.038-4.05 7.088c-2.786 3.544-19.241 25.313-21.267 25.82-1.519.505-3.038 3.543-3.544 4.809 6.582-.254 13.165-.254 19.747-.507.253-1.012.76-2.025 1.266-2.531 1.519-1.266 8.354-1.266 8.354-1.266s1.772-3.543.253-7.34c-1.519-4.05-4.05-9.366-4.05-14.176 0 0 4.81.76 9.62.253 5.063-.506 9.114-1.518 9.114-1.518s-2.785 4.81-3.798 4.81c-1.012 0-2.025.505-2.025 1.518 0 1.012 2.025 7.34 3.544 9.113 1.52 1.771.507 7.34.507 7.34-2.026.253-5.823 1.266-6.33 3.544h14.684c.253-.76.506-1.519.76-2.025.506-1.012 5.063-2.025 6.329-2.025 1.265 0 4.303-1.012 4.303-1.012l7.09-8.607s-.254-2.531-2.533-5.569c-3.29-4.556-8.354-8.1-5.316-14.934 0 0 6.835-4.05 8.86-4.557 2.026-.506 4.051 0 5.57 1.52 1.52 1.518 4.051 6.327 5.064 7.593 1.012 1.266 3.797 5.316 3.797 5.316s-2.025 8.1-2.278 9.872l-.507 3.544-10.126 8.1s-2.279 1.265-2.532 2.531l.253.253zm40.507.76C305.063 110.887 354.43 114.43 400 120c-63.544-3.797-130.633-5.822-200-5.822-69.367 0-136.456 2.025-200 5.822 38.987-4.81 80.76-8.1 124.557-9.872 0-.506 1.266-4.81 2.532-5.316 1.265-.506 10.38-.506 10.38-.506s7.088-24.047 11.139-31.641c1.519-3.038 2.784-6.329 4.05-9.113-2.278 2.278-4.557 4.81-6.076 7.088-5.063 7.34-7.341 13.162-7.341 13.162s-3.798-27.59-11.14-37.463l9.114-5.822 5.317-5.062c.506.253 2.784 1.012 7.088 4.303 5.317 3.544 8.355 10.631 8.355 10.631s-.76-4.303-3.038-7.847c-2.026-3.037-8.608-7.847-10.38-9.112l1.519-1.52h.253l.253-.252 8.102-3.291.253-.506 1.519-6.075s8.354 4.81 14.43 7.087c5.823 2.278 8.608 4.05 12.405 4.557-2.025 5.568-5.57 11.39-12.658 14.934 1.772-.506 3.544-1.265 5.316-2.025 2.279-1.265 4.81-3.544 6.076-5.062 1.772 1.012 4.304 2.025 7.342 2.025 11.646.253 13.671-2.785 25.57-5.822 9.114-2.279 18.48-.253 25.063 6.075 2.785-.253 6.076-.506 7.089-1.266 2.278-1.519 4.557-8.1-.254-14.175-4.557-6.075-14.936-6.582-33.417-2.025-18.228 4.556-27.089-6.075-24.81-15.694C190.886.775 203.038-.743 216.203.27c12.91 1.265 25.822 6.834 25.822 6.834s1.52-.253 4.81-2.025c3.292-2.025 11.393 1.772 15.95 4.303 4.81 2.532 11.645.76 11.645.76s-8.354 8.86-17.468 8.353c-9.114-.506-9.873-2.531-16.203-7.847-6.329-5.063-22.531-8.607-38.227-6.075-15.697 2.531-8.608 17.972 4.05 17.466 12.659-.507 21.266-8.354 36.962-2.785 15.697 5.822 15.443 17.213 12.152 23.288-2.025 4.05-7.595 6.329-10.886 7.594v.253c5.823 11.391 4.05 25.82 5.823 33.16 1.772 7.341 7.342 14.429 7.342 14.429s1.012 2.784.253 4.81c-.76 2.024-1.772 2.784-3.038 3.29-.76.76-1.772 2.784-2.025 3.29zM141.519 15.457s4.557-3.797 5.316-4.05c.76-.253 16.203 3.291 21.013 5.063 1.013 2.784 7.089 10.631 11.646 13.922-6.33-.76-14.937-6.075-20.76-8.606v-3.291l-1.012-1.013h-13.418l-2.785-2.025zm-37.215 16.96l-.253 1.266 2.025 2.025 3.291 3.544 1.266.759 3.038.76-1.266-2.532 3.798-2.784 2.784 3.037 1.266 4.303-3.797 2.532-1.772-.253-.507-1.52h-.76l.254 3.545s.506 1.518 1.013 2.278c.506.76 2.784 5.315 2.784 5.315l4.304-3.037.253-3.29 14.178-8.86 8.86-8.354 8.861-3.543L155.95 19h-12.405l-3.797-3.544-19.494 2.532-2.025 4.05s-6.33 4.81-8.101 5.569c-1.773.759-5.823 4.81-5.823 4.81zm17.468-6.834l2.025-2.532 6.076-1.012-5.57 3.797-2.53-.253z\"\/><\/svg>\n<\/div><\/div>\n    [\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1601767431615{padding-top: 50px !important;padding-bottom: 60px !important;background-color: #1b1d1f !important;}&#8221; el_class=&#8221;pfser-row&#8211;colored&#8221;][vc_column][vc_custom_heading text=&#8221;GET AN OFFER AND FREE CONSULTATION!&#8221; google_fonts=&#8221;font_family:Open%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic|font_style:300%20light%20regular%3A300%3Anormal&#8221; font_container=&#8221;tag:h2|text_align:center&#8221; el_class=&#8221;form-dark__title&#8221;][vc_row_inner el_class=&#8221;form-dark&#8221;][vc_column_inner]<div class=\"pfser-form-shortcode pfser-form-shortcode--fill\"data-fill-value=\"Crypto license in Lithuania\" data-fill-field=\"Country\"><div role=\"form\" class=\"wpcf7\" id=\"wpcf7-f17358-o1\" lang=\"en-US\" dir=\"ltr\">\n<div class=\"screen-reader-response\"><p role=\"status\" aria-live=\"polite\" aria-atomic=\"true\"><\/p> <ul><\/ul><\/div>\n<form action=\"\/en\/wp-json\/wp\/v2\/pages\/22098#wpcf7-f17358-o1\" method=\"post\" class=\"wpcf7-form init\" novalidate=\"novalidate\" data-status=\"init\">\n<div style=\"display: none;\">\n<input type=\"hidden\" name=\"_wpcf7\" value=\"17358\" \/>\n<input type=\"hidden\" name=\"_wpcf7_version\" value=\"5.4.2\" \/>\n<input type=\"hidden\" name=\"_wpcf7_locale\" value=\"en_US\" \/>\n<input type=\"hidden\" name=\"_wpcf7_unit_tag\" value=\"wpcf7-f17358-o1\" \/>\n<input type=\"hidden\" name=\"_wpcf7_container_post\" value=\"0\" \/>\n<input type=\"hidden\" name=\"_wpcf7_posted_data_hash\" value=\"\" \/>\n<\/div>\n<p><input type=\"hidden\" name=\"additional-data\" \/><\/p>\n<div class='superform superform--dark'>\n<div>\n<p><span class=\"wpcf7-form-control-wrap client-name\"><input type=\"text\" name=\"client-name\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Name\" \/><\/span><\/p>\n<\/div>\n<div>\n<p><span class=\"wpcf7-form-control-wrap client-phone\"><input type=\"tel\" name=\"client-phone\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-tel wpcf7-validates-as-required wpcf7-validates-as-tel\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Phone\" \/><\/span> <\/p>\n<\/div>\n<div>\n<p><span class=\"wpcf7-form-control-wrap client-email\"><input type=\"email\" name=\"client-email\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-email wpcf7-validates-as-required wpcf7-validates-as-email\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"E-mail\" \/><\/span> <\/p>\n<\/div>\n<div>\n<div class='sendis'>\n<p class=\"sendis-ov sendis-ov--en\"><input type=\"submit\" value=\"Send request\" class=\"wpcf7-form-control wpcf7-submit\" \/><span class=\"shiney\"><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div><\/form><\/div><\/div>[\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row full_width=&#8221;stretch_row&#8221; el_class=&#8221;pfser-row&#8211;white&#8221; css=&#8221;.vc_custom_1636410880734{padding-top: 50px !important;padding-bottom: 60px !important;}&#8221;][vc_column][vc_column_text css=&#8221;.vc_custom_1653664635585{padding-bottom: 50px !important;}&#8221;] Cryptocurrency License in Lithuania (MiCA CASP Authorisation) &mdash; An Overview [\/vc_column_text][vc_row_inner][vc_column_inner width=&#8221;1\/6&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;2\/3&#8243;][vc_column_text] Private Financial Services specialists were among [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25347,"parent":0,"menu_order":61,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":""},"class_list":["post-22098","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.pfser.com\/en\/wp-json\/wp\/v2\/pages\/22098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pfser.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.pfser.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.pfser.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pfser.com\/en\/wp-json\/wp\/v2\/comments?post=22098"}],"version-history":[{"count":9,"href":"https:\/\/www.pfser.com\/en\/wp-json\/wp\/v2\/pages\/22098\/revisions"}],"predecessor-version":[{"id":25346,"href":"https:\/\/www.pfser.com\/en\/wp-json\/wp\/v2\/pages\/22098\/revisions\/25346"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pfser.com\/en\/wp-json\/wp\/v2\/media\/25347"}],"wp:attachment":[{"href":"https:\/\/www.pfser.com\/en\/wp-json\/wp\/v2\/media?parent=22098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}