08/09/25
The world of digital assets is rapidly evolving, and jurisdictions that provide clarity and robust regulatory frameworks are becoming hubs for innovation. Seychelles has emerged as one such destination, introducing the Virtual Asset Service Providers (VASP) Act 2024, which regulates cryptocurrency and digital asset businesses while fostering trust and transparency.
🤝 At NUR Legal, we are proud to offer comprehensive support for businesses seeking to obtain a VASP license in Seychelles—a key to entering one of the most promising regulatory environments for crypto ventures.
🌍 Why Seychelles?
Regulatory Certainty: The Financial Services Authority oversees the framework, ensuring compliance and protection against financial crime risks.
Global Reach: A license from Seychelles enhances international credibility and opens doors to partnerships worldwide.
Flexibility: Multiple license categories available—including wallet services, exchange platforms, broking, and investment services.
♞ How NUR Legal Supports You
We provide an end-to-end solution that covers every step of the licensing journey:
✔ Ready to join local Comnpliance Officer and Nominee.
✔ Reviewing and amending company documents (MOA/Articles).
✔ Preparing and filing license applications with the Financial Services Authority.
✔ Drafting all required compliance manuals (AML, Risk Assessments, Cybersecurity, Complaints Handling, etc.).
✔ Handling annual renewals and secretarial services.
✔ Assisting with banking, compliance officer outsourcing, and office setup if required.
💰 Investment Snapshot
Governmental fees apply separately, depending on the chosen activity (wallet provider, exchange, broking, or investment services).
o Virtual Asset Service Providers - $75,000.00
o Virtual Asset Exchange - $100,000.00
o Virtual Asset Broking - $50,000.00
o Virtual Asset Investment Providers - $25,000.00 (after operating for 3 years, 2.5% of annual turnover – to show proof at payment of 3rd annual license fee)
🏢 Who Can Apply?
Companies incorporated in Seychelles under the Companies Act or International Business Companies Act.
With at least 2 directors (including one Seychelles resident director).
Meeting minimum paid-up capital requirements
With the right partner, navigating regulatory requirements can be smooth, efficient, and strategic. At NUR Legal, we don’t just process applications - we provide the compliance backbone your crypto business needs to scale with confidence.
📩 Ready to take your next step into the future of digital finance? Contact us at nurlan@nur-legal.com to get started. #CryptoLaw #VASPLicense #CryptoCompliance #BlockchainBusiness #CryptoStartups #LegalAdvisory #FinTechRegulation #SeychellesCrypto
Nurlan Mamedov