Bulgarian VASP
Key Details:
- License Jurisdiction: Bulgaria, issued by the National Revenue Agency (NRA)
- Date of Issuance: 06.2023
- Status: Active
Scope of License
- Exchange services between virtual currencies and recognized currencies
- Custodial wallet provider services
Operational Details
- Bank Accounts: Yes
- Team Structure: Single shareholder
- Connected Providers: None
Jurisdiction Advantages
- Low capital requirements and operational costs
- Corporate tax rate of only 10%
- Provides access to the entire EU market under passporting regulations
Favorable Regulatory Environment
- Clear, straightforward licensing process
- Alignment with EU AMLD 5 and 6 standards
Low Capital Requirements: Minimal financial barriers for startups
Information is indicative and confirmed on enquiry. Acquisition is subject to due diligence and the applicable regulatory approvals.