El Salvador Digital AssetService Provider (DASP) License
At GFSC Global, we simplify your journey to securing an El Salvador Digital Asset Service Provider (DASP) license—managing everything from local company incorporation and structuring to preparing your compliant application and liaising with the National Commission for Digital Assets (CNAD).
Our end-to-end support ensures you meet all core requirements, including governance, AML/KYC & cybersecurity policies aligned with international standards, share capital deposit (minimum USD 2,000 with only 5 % required upfront), and appointment of local representation and compliance officers.
With zero corporate tax, VAT, and capital gains for licensed digital asset activities, GFSC Global fast-tracks your authorization so you can benefit from El Salvador’s pro-crypto regulatory environment.
Apply with us today to launch confidently with legal clarity and tax advantage.
According to the DAI Law, the registration of service providers is handled by the National Commission for Digital Assets (Comisión Nacional De Activos Digitales; CNAD) as a Digital Asset Service Provider (DASP).
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View the featuresof the particular license category in more detail:
|
Feature/Classes |
Digital Asset Service Provider |
|
Type of company required to be eligible |
LLC or S.A. de C.V. (Stock company) |
|
Corporate taxation |
0% on non-resident companies. (Tax Consultation upon request) |
|
Minimum paid-up capital |
Minimum funds required for the Initial Share Capital: USD $2,000.00 which must be delivered through a certified check, issued by a Bank duly authorized under Salvadoran Law. Law requires a “down payment” of only 5% of the aforementioned amount for the first year after incorporation, after which time the remaining 95% of the share capital is due. |
|
Main requirements |
– One AML Compliance officer (local recommended) & one local Legal Representative/Manager; – Local office/Legal Address required; – Computer Security Officer and Cybersecurity officer; – Minimum two shareholders, no need to be local, but Tax Identification is required to be obtained for each of the shareholders; – Minimum two Directors (natural or legal persons). At least one local Salvadoran Director which must be resident of El Salvador and needs to be Legal Representative of the Company; – Audited Financial Statement by local auditor in El Salvador; |
|
Timeframe |
Approximately 4 – 5 months to be approved |
GFSC Global can offer as wellthe following services:
- Opening bank accounts (worldwide).
- Provision of nominee directors and shareholders, if needed.
- Legal Opinions and registration of Trademarks worldwide.
- Services of Virtual Office, Real Estate worldwide.
- Immigration/ citizenship Services.
- Any other services mentioned on our website, www.gfscglobal.com
Apply for ourEl Salvador Cryptocurrency LicenseServices
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