The Republic of Estonia (Estonian: Eesti Vabariik, English: Republic of Estonia), referred to as Estonia, and Latvia and Lithuania in the South are also known as the three Baltic States. Estonia is situated on the eastern coast of the Baltic Sea and the southern coast of the Gulf of Finland. It is bordered by the Gulf of Riga in the southwest and Latvia and Russia in the South and east, respectively. The total land area is 45,339 square kilometers, the main ethnic group is Estonia, with a total population of 1.313 million (2015), the capital Tallinn.

Estonia is listed as a high-income country by the World Bank. Estonia is often called the "Baltic Tiger" because of its fast-growing economy. Four unicorns, Skype, Playtech, TransferWise and Taxify, were born in a small country with a population of only 1.3 million.

Estonia joined the World Trade Organization in September 1999. Estonia joined the European Union on 1 May 2004. At present, Estonia's economy is developing rapidly and its information technology is relatively developed.

On January 1, 2011, Estonia officially joined the euro zone, becoming the 17th country in the euro zone. Also worth mentioning is the Digital Citizenship Program launched in 2007. Estonia is one of the most attractive countries for the supporters of the block chain.

Estonia was the first country in the world to issue ico.

Regulatory bodies

Communication with regulatory authorities and visits to them are of great value to block chain projects. In Estonia, it is much easier to communicate and interact with financial regulators (financial regulators, financial intelligence units) than in the United States or Singapore. The Financial Regulatory Authority and the Financial Intelligence Agency always provide the required legal information, and most of them are willing to provide assistance on various issues within their jurisdiction. Most importantly, most officials speak English and Russian.


At present, Estonia has issued encrypted currency trading licences. Encrypted currency operations are licensed by other payment instruments (since 08.12.2017, it has been designated as "virtual value").

Tax Policy and Investment Environment

According to OECD, Estonia has one of the most competitive tax policies in the world. Estonia does not apply profit tax. Bitcoin and altcoins do not have to pay VAT.

Encrypted currency trading licence to join Estonia has statutory operational capacity. Private financial services focus on project support related to block chain technology and encrypted currency business.

Our team helped our customers obtain encrypted currency trading licences in Estonia.

Some of the services are as follows

Assist customers:

Due diligence and KYC;

Establishment of a company;

Qualification and risk assessment;

Operational plan evaluation;

Financial Instrument Testing (FIT);

Submit applications and complete other simple requirements

· Preparing permits(“virtuaalv__ringu raha vastu vahetamise teneus”)The application documents are submitted to the Estonian financial sector.

· Preparing Virtual Money Wallet Service License(virtuaalva ringu rahakotteenus)The application documents are submitted to the Estonian financial sector.  

· AML/KYC program preparation (Estonian and English);

· In the process of applying for a licence, the financial department provides lawyers'assistance.

· Translate beneficiary documents into Estonian for application;

· Assist in the preparation of electronic residence (state fee 100 euros paid separately);