Consulting24

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Heaven Invest OÜ operation license FIU000276​ Service of trust funds and companies

WHY ESTONIA?

Estonia enjoys a reputation for being the most advanced nation in terms of technology when it comes to government. Some renowned magazines, like Wired, have also recognized the country as “the most advanced digital society in the world.”During recent times, the country’s legislative body, department of justice, education, healthcare, banking and those for voting and even taxes and policing, were digitized into a single platform under the e-Estonia project.

 

Furthermore, the country is the first to introduce the e-Residency concept to the world. E-residency allows non-Estonian citizens to apply for citizenship with the Estonian government. It allows for them to be issued a digital identity card backed by the country’s government. Estonia company registration is made easy by e-residency card. 

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Consulting24 OÜ is the fastest-growing consultancy company in Estonia by volume, and has obtained over 300 crypto licenses so far. We have both tailored and ready-made companies for sale.

The virtual currency service provider license covers:

1. Virtual wallet service.  It allows providing hot and cold virtual currency wallet service, generating or storing users keys for the purpose of keeping, storing and transferring virtual currencies;

2. Exchanging virtual currency against fiat currency. Licenses allow fiat to crypto, crypto to fiat transactions;

3. Exchanging virtual currency against the virtual currency. Licenses allow crypto to crypto transactions.

The licenses allow:

1. To issue your own token (ICO);

2. Wallet services;

3. Exchange services;

4. OTC;

5. IEO;

6. To sell bitcoin via bank transfer and via debit/credit card;

7. To trade with utility token globally:

8. Crypto to crypto, crypto to fiat, fiat to crypto transactions.

Ready-made companies with licenses for sale:

BANCDIGITAL OÜ 20,000€

INVESTFUND OÜ 20,000€

MINDWALLET OÜ 20,000€

SONICSEXCHANGE OÜ 20,000€

Public registry to see the projects registered by us:

https://www.teatmik.ee/en/personprivate/70323-Jelena-Elvbakken

Payments schedule:

10,000€ – to start with a process, draft POA for the remote transfer, set-up the notary date for the company transfer, collecting the documentation for license transfer;

10,000€ – before the notary;

We accept payments in EUR or USDT.

Price includes:

1. Company and minimum share capital  registration;

2. Authorized contact person, mandatory for non-residents 500€ (1st year);

3. Virtual currency service provide license application; 

4. AML Internal Rules of Procedure and Risk Appetite draft;

5. 1 shareholder/board member;

6. Banking options introduction.

7. AML Officer/local director recruitment – includes ( you will discuss direct deal with AMl specialist yourself)

Price doesn’t include compliance (optional):

1. Office spot in Tallinn city center 500€/monthly;

2. Office equipment ( 1500€) 

Office requirement – we need to set up a one-person office and computer. Local director/AML person has to have access to the  users KYC and transaction.  We need to set up an office the way if FIU wants to come and see the real activity, they can come to the office and check the transactions monitoring from the computer, etc.

Local director/AML officer recruitment – included

1. Finding an AML Compliance Officer and/or Local Director. Our partner accepts the role of Board Member (Local Director) and/or AML Compliance Officer in the respective company.  Given that this imposes several responsibilities on the recipient (i.e., he/she must be current in the company, monitor transactions, etc.), it is also necessary to establish a local compliant operation. 

2. The person as mentioned above, will carry out further checks (e.g., interviews, transaction monitoring, etc.) at agreed intervals (e.g., quarterly, semi-annual) to ensure that the AML requirements are met. Based on this, person identifies the amount of work required to conduct the AML due diligence. 

Processes:

1. We sign the contract;

2. Company shares transfer at the notary via Power of Attorney (POA) – transfer of shares and company remotely (no visit required). The only remote transfer is accepted for the time being due to COVID-19 outbreak;

3. Open banking for the company and deposit 12 000€

4. Setting up the office

5. Local director reqruitement

6. Transfer of virtual currency services license (up to 60days ). 

Documents: 

1. Passport copies, addresses, phone numbers, e-mails of all related persons from all countries of citizenship; 2. Criminal records of all related persons/companies from all countries of citizenship, with notary certification, Apostille, with English, Estonian or Russian translation; 3. CV of the Contact Person; 4. CV of the AML Compliance Officer; 5. Proof of the impeccable reputation of the AML Compliance Officer; 6. Documents that the applicant considers important to submit to prove the trustworthiness of the member of the management body or procurator and the fact that the applicant has a good business reputation;

7. Proof of monetary share capital payment (minimum 12,000€);

8. Proof of company bank account within EEA.

Please note! Due to a new crypto regulation passed on 10th March, 2020 additional documentation may apply. Full AML legislation is available online: https://www.riigiteataja.ee/en/eli/ee/Riigikogu/act/509012020001/consolide

New company registration and licenses application

Processes:

1. Company registration (private limited company, LTD, in Estonian – OÜ) with a paid share capital of minimum 12,000€; At this stage, we need a new company name, names, addresses, e-mail addresses, phone numbers and passport copies of all related persons from all countries of citizenship. The registration process takes up to 48h; – 2500€

2. Company shares transfer at the notary via Power of Attorney (POA) – transfer of shares and company remotely (no visit required). The only remote transfer is accepted for the time being due to COVID-19 outbreak; 

3. After company transfer the client opens a bank account/PSP account in an EEA country  which is providing cross-border services in Estonia or which provider has established a branch in Estonia; ( included)

4. Setting up an office in Tallinn (2000€- months, 3,500€ – 6 months, 6,000€- year);

5. Office equipment, minimum 1 computer, and monitor – 1,500€;

6. Hire AML officer (included)

7. Criminal records of all related persons/companies from all countries of citizenship, with notary certification, Apostille, with English, Estonian or Russian translation;

8. CV of the Contact Person;

9. CV of the AML Compliance Officer;

10. Proof of the impeccable reputation of the AML Compliance Officer;

11. Documents that the applicant considers important to submit to prove the trustworthiness of the member of the management body or procurator and the fact that the applicant has a good business reputation;

12. Your project ´s website address;

13. FIU might require a face to face interview in Estonia. ( might change due to coronavirus)

14. Virtual currency service provide license application – 10,000€;

Total: company registration with 12 000€ share capital 2500€ + office 2000€ (3months) + office equipment 1500€ + crypto license 10000€ = 16,000€

Difference between new and ready-made company:

1. Ready-made companies have licenses already, in case the transfer fails at the first attempt (for some reason) there is no fee for the re-application. In case of the licenses re-application for the new company the fee of 6,000€ has to be paid;

2. Ready-made company transfer is swift and you can start your operations immediately while the transfer of licenses is in progress;

Banking – (included)

We will share a list of 40+ institutions (banks and PSP) globally that works with blockchain projects. More likely they can onboard crypto projects. We have opened over 20 accounts for our clients. Then you have access to all of them and will get recommendations which ones we have used recently

Do you need help to incorporate in Estonia or do you need a Wallet or Exchange License?

Visit us

Rävala puiestee 19, Tallinn, 10143, Estonia

Call us

+372 5815 5779

Contact us

info@consulting24.co