Germany CASP License under Mica

At GFSC Global, we simplify the path to securing your German Crypto-Asset Service Provider (CASP) license under the Markets in Crypto-Assets (MiCA) Regulation—handling everything from establishing your German company and preparing your MiCA-compliant application to navigating submissions with the BaFin (Federal Financial Supervisory Authority).

Trust GFSC Global to fast-track your authorization (typically within 6-9 months after filing) and unlock seamless EU-wide passporting. Apply with us today to establish your compliant foothold in one of Europe's most vibrant fintech markets.

The responsible Authority in Germany for this license is the Federal Financial Supervisory Authority (BaFin).

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Classes of CASP Licensesin Germany

As of January 1, 2025, companies are required to comply with the Markets in Crypto Assets Regulation (MiCA) and Digital Operational Resilience Act (DORA), which establishes uniform standards across all EU countries, and which provides for the possibility of obtaining the following Classes of CASP Licenses:

– reception and transmission of orders on behalf of third parties; and/or
– providing advise on crypto-assets; and/or
– execution of orders on behalf of third parties; and/or
– placing of crypto-assets

– exchange of crypto-assets for fiat currency that is legal tender;
– exchange of crypto-assets for other crypto-assets;
– operation of a trading platform for crypto-assets.

– Custody and administration of crypto-assets on behalf of third parties

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Germany CASP License Overview& Key Requirements under MiCA

Please find features of the particular category in more details:

Feature/Category

CASP MiCA

Type of company required to be eligible

Company limited by shares / Ltd / German GmbH

Corporate taxation

15%

Minimum paid-up statutory capital

Class 1 CASP – EUR 50,000
Class 2 CASP – EUR 125,000
Class 3 CASP – EUR 150,000

Main requirements

– At least two local Directors

-Physical office in Germany

-Internal & External audit local

-AML Officer 

-Local Manager 

-Comply with DORA requirements

Government Fees

BaFin demands hourly fees for MiCAR applications. The concrete amount therefore depends on the duration and complexity of the application procedure.

Approximate Timeframe

A complete application is normally decided upon approval within 6-9 months approximately from the date of filing.

DORA SERVICES

What we provide:

  1. Operational Resilience Policies
  2. Full IT and Cybersecurity Audit
  3. Third Party Risk Management
  4. Incident and Crisis Management Setup
  5. Regular Reporting and Documentation

GFSC Global can offer as wellthe following services:

  1. Opening of operational and clients bank accounts (worldwide).
  2. Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), other required qualified personnel)
  3. Provide outsourced services, such as Accounting, Bookkeeping, Internal Audit, External Audit
  4. Provide outsourced Compliance & AML Support services
  5. Provide outsourced Risk Management services
  6. Assistance with finding local premises
  7. Assistance with Trademark & Brand Name registration
  8. Provide in-house trainings/seminars
  9. Provide Legal Opinions
  10. Provide DPO & GDPR Advisory services

Apply for ourGermany Cryptocurrency LicenseServices

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"*" indicates required fields

This field is for validation purposes and should be left unchanged.

We recommend that you always check your spam/junk folder for legitimate emails that have been sent there by mistake and add “corporate@gfscglobal.com” to your White List or Safe Sender List.