Bulgaria (eu Member)

VASP

Bulgaria: VASP / Crypto License

We still have a few Bulgarian Ready-Made VASPs available. With these Ready-Made VASPs, you will be able to take advantage of the country's grandfathering period for MiCA, and continue to operate as a VASP under the standard rules and requirements that country has for VASPs. Our optional services will then get your VASP through the MiCA application process to become compliant to achieve the mandatory CASP License.

Securing a Virtual Asset Service Provider (VASP) license in Bulgaria offers significant advantages for businesses looking to enter the European crypto market. As an EU member, Bulgaria provides a gateway to the region’s unified regulatory landscape, allowing licensed entities to benefit from passporting under the forthcoming MiCA framework. This means that once licensed in Bulgaria, companies can operate seamlessly across all EU member states without requiring additional licensing, making it a cost-effective and efficient solution for regional expansion.


Bulgaria’s relatively straightforward licensing process is another key benefit. The country has implemented clear guidelines for VASPs, ensuring that companies meet anti-money laundering (AML) and counter-terrorism financing (CTF) standards while fostering an environment of regulatory transparency. This provides businesses with the legal certainty needed to build trust with clients and partners, which is critical in the fast-evolving crypto industry.


Furthermore, Bulgaria boasts one of the lowest corporate tax rates in the European Union at 10%, offering significant cost savings compared to other EU jurisdictions. The availability of skilled labor in blockchain development and fintech also supports the operational needs of crypto businesses. Combined with low living costs and a favorable economic climate, Bulgaria provides an excellent balance of affordability and access to top talent.


Finally, Bulgaria’s commitment to digital transformation makes it an appealing location for companies focused on innovation. The government’s interest in fostering technological advancements, coupled with the country’s growing blockchain community, creates an ecosystem where crypto businesses can thrive. A VASP license in Bulgaria not only ensures compliance but also positions companies at the forefront of Europe’s dynamic digital economy.

Ready-Made Company with VASP License:  15.900 EUR   

Estimated Timeframe: 2 weeks

Ready-Made Company Includes:


  • Sale purchase agreement
  • Registered address for 12 months
  • Official set of company documents
  • Registered share capital account
  • Standard AML rules
  • State fees paid up
  • VAT registration if required
  • Crypto Authorization Certificate
  • Bank account opening assistance


View PDF

Monthly Fees:

  • Local contact with NRA (mandatory) 800€ / month (paid quarterly)
  • Special Rate available for Local Bulgarian Contact if paid 12 months in advance.
  • MLRO Services: 2.500 EUR / month


Optional Service: Translation and Apostille of document set: €385

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