SeychellesVirtual Asset Licenses
At GFSC Global, we simplify your path to securing a Seychelles Virtual Asset Service Provider (VASP) license—handling everything from incorporating & structuring your Seychelles entity to preparing your compliant application and liaising with the Financial Services Authority (FSA).
Our full-service support ensures you meet all local requirements—including maintaining a physical office & resident director, depositing required share capital (USD 50,000 or more based on activity), implementing AML/KYC policies, cybersecurity, professional insurance, and conducting regular board meetings—without disrupting your operations.
With licensing mandated under the Virtual Asset Service Providers Act, 2024 (effective September 1, 2024), GFSC Global fast-tracks your authorization in this increasingly credible and offshore-friendly jurisdiction.
Apply with us today to establish your compliant presence in Seychelles’ growing crypto economy.”
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View the featuresof the particular license category in more detail:
|
Feature/Classes |
VIRTUAL ASSET BROKING LICENSE Licenses are granted by The Financial Services Authority of Seychelles and shall be the regulatory authority for Virtual Asset Service Providers under the Virtual Asset Service Providers Act 2024. |
VIRTUAL ASSET EXCHANGE Licenses are granted by The Financial Services Authority of Seychelles and shall be the regulatory authority for Virtual Asset Service Providers under the Virtual Asset Service Providers Act 2024. |
VIRTUAL ASSET INVESTMENT PROVIDER LICENSE Licenses are granted by The Financial Services Authority of Seychelles and shall be the regulatory authority for Virtual Asset Service Providers under the Virtual Asset Service Providers Act 2024. |
VIRTUAL ASSET WALLET PROVIDER Licenses are granted by The Financial Services Authority of Seychelles and shall be the regulatory authority for Virtual Asset Service Providers under the Virtual Asset Service Providers Act 2024. |
|
Type of company required to be eligible |
An International Business Company (IBC). |
An international business company (IBC). |
An International Business Company (IBC). |
An International Business Company (IBC). |
|
Corporate taxation |
1.5% |
1.5%. |
1.5% |
1.5% |
|
Minimum paid-up statutory capital |
Minimum paid-up statutory capital 50,000USD. |
Minimum paid-up statutory capital 100,000USD. |
Minimum paid-up statutory capital 25,000USD. |
Minimum paid-up statutory capital 75,000USD. |
|
Main requirements |
– Have at least two directors, one to be local. – AML and Compliance Officer are required, should be local. – Local Office Required – Audited Financial Statements (AFS) required, through local auditor. – Appropriate insurance coverage. |
– Have at least two directors, one to be local. – AML and Compliance Officer are required, should be local. – Local Office Required – Audited Financial Statements (AFS) required, through local auditor. – Appropriate insurance coverage. |
– Have at least two directors, one to be local. – AML and Compliance Officer are required, should be local. – Local Office Required – Audited Financial Statements (AFS) required, through local auditor. – Appropriate insurance coverage. |
– Have at least two directors, one to be local. – AML and Compliance Officer are required, should be local. – Local Office Required – Audited Financial Statements (AFS) required, through local auditor. – Appropriate insurance coverage. |
|
Approximate Timeframe |
Will take 3 months to 10 months. |
Will take 3 months to 10 months. |
Will take 3 months to 10 months. |
Will take 3 months to 10 months. |
|
Government Fee |
Virtual Asset Broking fee: 150,000SCR (approx. 10800USD) |
Virtual Asset Exchange License fee: 375,000SCR (approx. 27000USD) |
Virtual Asset Investment Provider License fee: 75,000SCR (approx. 5,400USD) |
Virtual Asset Wallet Provider License fee: 300,000SCR (approx. 21500USD) |
|
License Processing Fee |
75,000SCR (approx. 5,400USD) |
75,000SCR (approx. 5,400USD) |
75,000SCR (approx. 5,400USD) |
75,000SCR (approx. 5,400USD) |
|
Annual License Fee |
75,000SCR (approx. 5,400USD) |
75,000SCR (approx. 5,400USD) |
75,000SCR (approx. 5,400USD) |
75,000SCR (approx. 5,400USD) |
GFSC Global can offer as wellthe following services:
- Opening of operational and clients bank accounts (worldwide)
- Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), other required qualified personnel)
- Provide outsourced services, such as External Audit, Legal Services
- Provide outsourced Risk Management services
- Assistance with Trademark & Brand Name registration worldwide
- Provide in-house trainings/seminars
- Provide Legal Opinions
- Provide DPO & GDPR Advisory services
Our professional fees for the above-mentioned services depend on the combination of services chosen and are available upon request.
Apply for ourSeychelles Cryptocurrency LicenseServices
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