GIBRALTAR
DLT
Gibraltar DLT / Crypto License
Gibraltar:
DLT (Distributed Ledger Technology)
A DLT in Gibraltar allows for:
- Exchanges
- Custodians
- Crypto payment processors
- Crypto perpetual futures
Mandatory Monthly Operational Services:
• Compliance officer
• Accounting/Audit
• Local legal contact
• Local office/address
• 15% Corporate tax only on profits originating in or from Gibraltar
• 0%VAT
• 0%Capital gains
There will not be any strict capital requirements, but the applicant’s capital levels will be monitored to ensure that sufficient capital is held to support its business objectives. Where appropriate, DLT providers will be required to hold professional indemnity insurance cover.
Timeline ~9 months