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  • June 9, 2022 5:49 am

”Croatian authorized entity for operations with crypto currencies include two types of activities:

• Crypto exchange services – including exchange crypto to crypto, crypto to fiat and fiat to crypto
• Custody services – holding customer funds in crypto assets

Requirements and process

Process of company formation and authorization obtaining from supervising authority HANFA are organized fully remotely and include following steps:
• Issuing of special power of attorney for registration purposes
• Registration of Croatian company and bank account opening for registration purposes
• Application process to the supervising authority

Company incorporation requirements

• Company name – must contain no abbreviations and associations with famous brands
• Capital – minimum share capital is 20 000 HRK (approx. 2 700 EUR), no special requirements for crypto companies.
• Management – at least one director private person EU resident (or with residence permit in EU) with experience in financial sphere has to be appointed at the stage of incorporation, person responsible for AML/CTF should be appointed at the stage of starting operational activity of the company. Management bodies has to obtain local tax number (done remotely during registration of the company)
• Ownership – at least one person (legal or private) without restrictions on jurisdiction
• Office could be virtual, no requirements for physical office
• No requirements for submitting business plan

Terms

• Company formation – up to 2 weeks after providing special POA
• Preparation of application to the supervising authority – up to 2 weeks after registration of a company
• Authorization process – up to 6 weeks after submitting application to the supervising authority

Total term from 2 to 3 months. The procedure is fully remote.
Offer include following services

• Incorporation of the company
• Registered address in Croatia for 1 year
• Authorization with HANFA for crypto license obtaining
• Development of high-level documents for AML/CFT – including written AML policy
• Development of landing page for crypto company for authorization purposes
• Additional document development for web-site – T&C, Privacy Policy, GDPR)”

Overview

  • Category : Public Shells

Location

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