Poland (eu Member)

VASP

Poland: VASP / Crypto License

We still have a few Poland 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.

Obtaining a Virtual Asset Service Provider (VASP) license in Poland offers crypto companies several strategic benefits, particularly valuable for businesses eyeing entry into the European market. As a European Union member, Poland adheres to EU financial regulations while also offering a business-friendly regulatory environment. This means VASP-licensed companies in Poland can benefit from EU-wide financial “passporting” once the Markets in Crypto-Assets (MiCA) regulation is fully implemented, allowing them to operate across EU member states without the need for additional licensing. This is a significant advantage, especially for companies seeking seamless expansion and compliance across borders.


Additionally, Poland's relatively low operating costs compared to other EU countries, combined with a highly skilled and tech-savvy workforce, make it an attractive location for setting up operations. The Polish Financial Supervision Authority (KNF) also provides a clear regulatory framework for crypto businesses, enhancing regulatory transparency and reducing potential compliance risks. As a growing fintech hub in Europe, Poland supports innovative financial services, offering companies a dynamic environment for growth and development within a compliant structure.


Poland offers a competitive corporate tax structure, which may benefit VASP-licensed entities. The standard corporate income tax (CIT) rate is 19%, but small and new businesses with revenues under €2 million may qualify for a reduced rate. Additionally, personal income tax (PIT) for individuals in Poland is progressive, ranging from 12% to 32%, which can be relevant for employees and executives of VASP entities. VAT in Poland is 23%, aligning with EU standards, though it does not typically apply to cryptocurrency trading as digital assets are considered financial instruments. Tax incentives for R&D and other business activities are also available, and these can potentially apply to crypto companies engaging in technology innovation or blockchain development.

Poland

Ready-Made Company with VASP License:  Contact us for rates.

Ready-Made Company Includes:

  • Sale purchase agreement
  • Registered VASP with the Regulator
  • Address of Registration for one year
  • Obtaining Polish Trusted Profile (“EPUAP”)
  • Standard AML/KYC Policy
  • Handling the communication with General Inspectorate of Financial Information (GIFI)
  • Apostilled and Translated corporate documents
  • Assistance in opening Business account for crypto operating activity
  • Search, integration, direct employment agreement for Local Board Member / AML officer


Estimated Timeframe: 2 weeks


PDF Poland VASP

Poland

New Company Incorporation with CASP License:  36.650

Project Includes:

  • Incorporation of new company,
  • Business plan, 
  • Proof that the applicant crypto-asset service provider meets the requirements for prudential safeguards set out in Article 67 of MiCA, 
  • Description of the applicant crypto-asset service provider’s governance arrangements, 
  • Proof that members of the management body of the applicant crypto-asset service provider are of sufficiently good repute and possess the appropriate knowledge, skills and experience to manage that provider, 
  • Description of identity of any shareholders and members, whether direct or indirect, that have qualifying holdings in the applicant crypto-asset service provider and the amounts of those holdings, as well as proof that those persons are of sufficiently good repute, 
  • Description of the applicant crypto-asset service provider’s internal control mechanisms, policies and procedures to identify, assess and manage risks, including AML / CFT risks, and business continuity plan; 
  • Technical documentation of the ICT systems and security arrangements, and a description thereof in nontechnical language, 
  • Description of the procedure for the segregation of clients’ crypto-assets and funds; 
  • Description of the applicant crypto-asset service provider’s complaints-handling procedures; 
  • Description of the crypto custody and administration policy;
  • Description of the operating rules of the trading platform and of the procedure and system to detect market abuse; 
  • Description of the commercial policy, which shall be non-discriminatory, governing the relationship with clients as well as a description of the methodology for determining the price of the crypto-assets that the applicant crypto-asset service provider proposes to exchange for funds or other crypto-assets; 
  • Description of the policy on execution of orders for crypto-assets on behalf of clients; 
  • Information on the manner in which transfer services for crypto-assets on behalf of clients will be provided; 
  • Description of type of crypto-assets to which specific crypto-asset service relates.
PDF CASP Poland

Poland CASP MiCA Assistance Available

MiCA Poland