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Turnkey Company Formation
Registration as VASP with the Regulator
Registered legal company address for 1 year
Basic (mandatory) AML/KYC Policy
Full communication with VASP Issuing authority for obtainment of authorization
Translated and apostilled set of corporate documents
Assistance in opening Business account for crypto operating activity
Assistance in formulating requirements, finding, interviewing and written agreement with AML/MLRO for your crypto company

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Full turnkey crypto company formation and support in all necessary aspects

Initial consultation
Turnkey Company Formation
Registration as VASP with the Regulator
Registered legal company address for 1 year
Basic (mandatory) AML/KYC Policy
Full communication with VASP Issuing authority for obtainment of authorization
Translated and apostilled set of corporate documents
Assistance in opening Business account for crypto operating activity
Assistance in formulating requirements, finding, interviewing and written agreement with AML/MLRO for your crypto company

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A perfect fit for our business

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Best for Crypto Licenses

Best company for Crypto Licenses! Kudos to the team for making the incorporation of our company really smooth

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Fast and Reliable

Quick set-up and straightforward process. It was a smooth process, we are happy to have chosen Rengang as our Partner for incorporations, globally.

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They are undoubtedly top-level experts when it comes to licensing and registrations in the crypto and web3 industry. Highly recommend!

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Excels at adapting to challenges

Rengang excels at adapting to challenges and demonstrates a perfect understanding of our business needs.

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A fruitful cooperation

As a result of the fruitful cooperation with Rengang, Yellow Card obtained a VASP registration, fast and without any legal complications.

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PRICING AND PROCESS CRYPTO LICENSE SLOVAKIA 2025

Crypto regulation/legislation in Slovakia

Get started with your crypto license in Slovakia thanks to this complete guide. Everything required from the very beginning to start a crypto business.

Slovakia is a crypto-friendly Central European country, located south of Poland and east of Austria. It shares historical and cultural ties with the Czech Republic. This shows in their approach and regulation of crypto businesses, which shares a common legal root, dating back to the former country of Czechoslovakia.

Find out how registering as a VASP in Slovakia can bring your crypto project to the next level.

General information about the Slovak crypto license
The crypto license in Slovakia is granted by the Ministry of Interior, through its Trade Licensing office. European AML directives, applied in the country as an amendment to the existing AML law of 2008, are in force and virtual asset services providers shall comply with them. Considered a trade, cryptocurrency activities require a registration for a Trade License in Slovakia.

The Trade Licensing Act of 1991, last amended in 2020 and now in force, describes two trade activities pertaining to crypto: providing virtual currency exchange services and providing virtual currency wallet services. It is possible to register for both.

Unlike most crypto licenses in Central and Eastern Europe, Slovakia requires a minimum paid up share capital, whose amount is 5,000 EUR. This amount is actually the legal requirement for incorporation as a legal entity in the Slovak Republic.

Here are 3 key elements you need to know about the Slovak crypto license:

Granted in the form of a Trade License by the Ministry of Interior, subject to the Slovak AML law;
Registration for a Trade License as a virtual currency service provider is simple and straightforward;
The share capital required for a crypto company in Slovakia is 5.000 EUR minimum.

Slovakia Crypto License: Process and Duration
Obtaining a crypto license in Slovakia requires following a simple process. With a timeline of about 2 months, this is one of the fastest crypto license frameworks in Europe.

Though a crypto business applying for the Slovak crypto license shall incorporate a domestic company with a legal address, there are no residency requirements for the directors, shareholders and personnel of a crypto business in Slovakia.

Following the Slovak AML law, that is greatly derived from the European AML directives, a VASP in Slovakia is required to appoint an individual responsible for implementing and enforcing the AML-KYC rules within the crypto company.

This responsible individual, otherwise known as an AML officer, shall communicate with the Slovak Financial Intelligence Unit, monitor and report suspicious transactions. Its role also encompasses the internal enforcement of AML-KYC measures and policies.

The process to register as a Slovak crypto company can be divided as follows:

Incorporation of a limited liability company with a legal address
Appointing a responsible individual for AML-KYC duties
Compiling the necessary AML and compliance documentation
Application to the Slovak Ministry of Interior for the crypto license
Opening of a corporate account in a payment institution

The different types of crypto licenses in Slovakia
The Slovak crypto license is, legally speaking, a trade license (“živnostenský list”) following a registration to the Ministry of Interior.

Two activities are listed in the Trade Licensing Act, that allows a company to provide services related to cryptocurrencies. They are designated under the following references:

82a – Provision of virtual currency exchange services
82b – Providing virtual currency wallet services
Both names are pretty self explanatory and offer a clear outlook on what exactly is permitted to do with a Slovak crypto license:

Providing fiat-to-crypto exchange services;
Providing crypto-to-crypto exchange services;
Providing custodial services for the crypto wallets of customers;
Accept prepayment in the form of fiat currency.

STEP-BY-STEP PROCESS TO THE SLOVAK VASP LICENSE

How to obtain a crypto license in Slovakia

The step-by-step process to obtaining a crypto license in Slovakia is simple and straightforward. It can be broken down into 3 stages.

STAGE1 2 weeks

INCORPORATION OF A LIMITED LIABILITY COMPANY IN SLOVAKIA

First, a crypto business willing to get the license in Slovakia shall incorporate a limited liability company (s.r.o). It is important to note the peculiarity of Slovakia, in comparison to other Central European licenses, that the minimum authorized capital has to be at least 5.000 EUR and paid up at incorporation.

Apostilled/notarized ID documents from all parties (passport, proof of residency, driving license…);
A CV and anything providing a background check of the participants;
A business plan or short description of the intended activity;
A legal address in Slovakia;
A paid-up share capital (minimum 5.000 EUR) at incorporation.

STAGE2 1 weeks

PREPARATION OF THE APPLICATION TO THE SLOVAK VASP LICENSE

After successful incorporation of a Slovak limited company, the crypto business can take form. This means preparing all the requirements expected by the regulatory authorities in Slovakia to register as a virtual asset service provider.

Drafting of AML policies and procedures, compliant with the AML law (Act No. 297/2008 Coll. “Act on protection against money laundering and terrorist financing and on the amendment to certain acts”);
Appointment of a responsible individual (so called “AML officer”) whose role is to fulfill the AML-KYC duties within the company and communicate with the Financial Intelligence Unit;
Filing and submission of the application for a Trade License as a virtual currency business.

STAGE3 4 weeks

OBTAINING THE CRYPTO LICENSE IN SLOVAKIA

Once all the requirements are met, the application can be carried out to the Trade Registry. After analyzing and validating the necessary information (mainly AML-KYC related), the Trade License is granted to the applicant.

A license ID is granted to the crypto company, proving trustworthiness to clients, investors and third parties;
The license is granted on an indefinite basis. As long as the business is compliant with the Trade Licensing Act and the AML law, the license is valid
A Slovak crypto licensed company can open a bank account and payment processing accounts to facilitate its business.

Crypto Licenses in Slovakia