Cryptocurrency License in the Isle of Man
Set up Cryptocurrency Company in I.O.M.
To legally carry out your
Cryptocurrency Exchange & Trade
Registration in the I.O.M.
Designated Business Registration
- Estonia Cryptocurrency
Exchange & ICO
- Isle of Man Cryptocurrency
Exchange & Trade
- New Zealand
Cryptocurrency Trade and
Initial Coin Offering (ICO)
One of the World’s Leading
- Cyprus Brokerage Services
Forex Trading License
- Labuan Money Broker License (Forex)
- Mauritius Investment Dealer
& Broker License
Securities Dealers License,
- Vanuatu Securities Dealers
Licenses - Forex
A Location for E-Money and Payment Institutions
Ireland EMI License
An EU Location for E-Money and Payment Institutions
Payment Intermediary Services
Online Payment Services Provider (PSP)
- New Zealand FSP
Financial Services Providers
One of the World’s Prime Location for
E-Money and Payment Institutions
- BVI Hedge Funds
- Panama PIF20 – PIF50
Private Placement Funds in Panama
- UK PFLP
Private Fund Limited Partnerships
- Luxembourg - Private Asset
Management Company (SPF)
- Luxembourg SOPARFI Holding &
Foreign Exchange (FX)
Institutions (EMI - PSP)
Cryptocurrency Trade and Exchange
The Isle of Man’s financial services regulator has sped up the approval process for cryptocurrency firms wishing to register there during the pandemic.
The Isle of Man Financial Services Authority (IOMFSA) will now allow a crypto businesses to apply for a ‘subject to’ registration’ under the Designated Businesses (Registration and Oversight) Act 2015.
Crypto Exchange in the Isle of Man
For those looking for a stable, safe and secure jurisdiction from which to operate a cryptocurrency exchange, the Isle of Man can provide your exchange with the regulatory certainty required to operate and compelling financial reasons to base your business here.
With the Financial Services Authority’s guidance on how crypto-assets are classified you can quickly gain regulatory certainty on whether your coin/token will be considered a security, an investment, a utility token, e-money or something else. Chart 1, which you can check here on IOMFSA website and Chart 2 which you can check here on IOMFSA website may assist in determining the nature of the token in question for many common token types but if you have questions on where your digital asset may fit in please do contact us!
The FSA has built a reputation for the timely introduction of new legislation and regulation, ahead of the curve but in a manner as to not stifle innovation. For example, digital assets were brought under the Proceeds of Crime Act in April 2015 and the Designated Business (Oversight and Registration) Act in October 2015. This helped the sector by allowing companies to demonstrate oversight with regards to Anti Money Laundering procedures by a respected regulator whilst not being restricted by a regulatory framework whilst the sector is still developing. This in turn helps exchanges with B2B relationships such as those with investors, PSP’s and banks by demonstrating MLRO’s are in place along with effective on-boarding and monitoring principles.
Further guidance from the FSA on Token / Crypto-asset Activity and Regulation can be found here.
Need a sandbox environment to test and shape new products? The Isle of Man can help with guidance and conditional licensing to help shape your exchange into a compliant product ready for the mass market.
The Isle of Man has an existing ecosystem of service providers with award winning experience and knowledge of the blockchain sector. Knowledgeable legal and professional experts are available providing advisory, consultancy and corporate services, whilst a network of individuals from a variety of blockchain related sectors can be met at regular blockchain showcases and meet-ups. Co-working spaces servicing the blockchain sector in the Isle of Man provide a great environment for networking with your peers.
The Isle of Man Government is strongly supportive of the blockchain sector and FinTech meaning your exchange is welcome to locate on the Island and take advantage of the support offered. From Financial Assistance for setting up offices to the Employee Relocation Incentive the Government is here to help you attain your goals. An account manager will be assigned to you giving you a direct and personal route into the Department for Enterprise to provide any assistance you need.
0% Corporate Tax, No Capital Gains Tax, No Inheritance Tax, Key Employee Concession and grants for a variety of costs such as office equipment, rent, marketing, training and others make compelling financial reasons to base your business in the Isle of Man. Low personal Income Tax rates ensure the Isle of Man is also financially attractive to staff lucky enough to be based here.
The Isle of Man provides a safe, secure and stable environment for exchanges to prosper and flourish. The lowest crime rate in the British Isles means your staff can feel safe and the longest continually running parliamentary body on Earth (1100 years!) backing the blockchain sector provides the stability and security your exchange needs to feel safe. Carrier class telecoms infrastructure that has provided for the requirements of the largest online gambling businesses over the last decade or two will ensure your exchange keeps running no matter what.
Believe me, your staff will love life on the Isle of Man. A beautiful, safe, family friendly place to live with great community spirit in the 85,000 population, great infrastructure and plenty of open space, sport, culture, history and nature. The Isle of Man is the only entire Island jurisdiction to be granted UNESCO Biosphere status and the natural landscape is breath-taking.
What separates us from our competitors is that our services don’t end with the registration of your company. We offer a wide range of additional services others can’t or just won’t offer, such as lifetime free support.
Whilst most providers either specialise on personalized consultation at relatively high rates or run bulk registration factories without any support, we want to offer the positive aspects of both types. Therefore, Atrium combines professional advice, worldwide registration services, reasonable fees, customized order processing, lifetime support and fast processing. Where others see company formation services as a bulk registration with no support and no individual assistance, we do care about your business needs.
Should you have any question or matter you may need to clarify or discuss with us, please feel free to contact us; our Business Development Team will be ready to promptly assist you.
You would like to discuss with us
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One of our Customer Representatives will be most pleased to help and assist you
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