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El Salvador

El Salvador, a small country in Central America, is attracting the attention of international investors due to its progressive economic reforms and openness to innovation.

El Salvador has become one of the first countries in Latin America to establish a regulatory framework for cryptocurrencies. This opens up unique opportunities for companies looking to enter the emerging digital asset market.

El Salvador

Advantages of obtaining a cryptocurrency license in El Salvador:

  • Favorable tax regime. El Salvador offers significant tax benefits for cryptocurrency activities.
  • Wide range of crypto-friendly banks.
  • Low requirements for authorized capital. The required authorized capital is only $2,000 for the first year, and when registering a company, it is sufficient to contribute only 5% of this amount.
  • No requirements for local personnel.
  • International recognition. The crypto license obtained in El Salvador is recognized internationally, allowing companies to confidently operate in the global market and explore various markets.
El Salvador

Companies registered in the Registry of Digital Asset Service Providers (RPSAD) receive the following tax benefits:

 

  • Exemption from taxes on the nominal value and income from digital assets.
  • No capital gains tax and ordinary income tax on digital asset operations.
  • Exemption from tax on transfer of goods and services, income tax, and other tax obligations for digital asset market participants.

 

Companies registered in RPSAD are also exempt from withholding liability for such taxes, where applicable.

 

The process of registering a company and obtaining a cryptocurrency license in El Salvador can take an average of three to five months. An additional 4-6 weeks will be required to open a bank account for the company.

 

For more detailed information about the cryptocurrency license in El Salvador, please contact IT-OFFSHORE specialists.

Ready-made companies with bank accounts

Or you've already got own business and there is a need to expand the scope of activities. To avoid the loss of time and effort to register juridical individuals, you can arrange a ready-made company. You will have a fully prepared company with a package of documents, which is mandatory for conducting a full-fledged activity.

Companies with licenses

Buying a ready-made company is the best option for operational business development in a new industry, as well as the need to expand the scope of the existing organization increase its scale. Acquisition of a company with mandatory permits and license means the ability to enter a new market in a short period of time.

Banks

Acquisition of a ready-made bank allows you to save time, as well as quickly carry out all reissuing operations. On average, the procedure takes about one day. As a result, the client becomes the head of the bank, which already has a client base, as well as status in the market and ready staff. Our company conducts all operations in accordance with existing legislation.

Funds

Investment fund is a modern investment tool designed for all types of assets. The purpose — managing of assets as well as solving number of tasks in a way that works best for individuals. There is no open subscription, meaning that a private investment fund has a closed structure. This is the most optimal solution for distributing capital through broad instruments.

SEMI for sale

When conducting business related to foreign exchange transactions, electronic money and cryptocurrencies, it may be necessary to open a financial company with a SEMI license. This type of license covers the production of debit cards and cryptocurrencies, the acceptance and sending of payments, the execution of transfers from third parties, and the opening of merchant accounts.

Crypto Offshore

When working with cryptocurrency it is important to choose the right country, where it is most profitable to open a company. Each country has a different attitude towards this type of currency. A country that has a loyal or positive attitude towards cryptocurrency can be called a crypto-offshore.

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