VASP Authorization / Crypto License
with a
Ready-Made Company or New Company Formation
in Latin America
LATAM VASP License / DASP License / Crypto License
LATAM: A Strategic Region for Crypto Business Growth
Latin America (LATAM) is rapidly becoming one of the most dynamic and promising regions for cryptocurrency adoption and blockchain innovation. Driven by economic volatility, limited access to traditional banking, and high mobile penetration, many Latin American countries are embracing digital assets as both a practical solution and a financial alternative. Countries like Argentina, El Salvador, Brazil, and Mexico have demonstrated particularly strong interest in crypto, with rising user adoption, regulatory engagement, and private sector investment.
The region’s young, tech-savvy population, paired with a growing interest in decentralized finance (DeFi), remittances, and stablecoin usage, has created fertile ground for crypto businesses to thrive. As the global crypto industry matures, LATAM stands out as a region where real-world use cases—such as inflation protection, cross-border payments, and financial inclusion—are actively driving adoption. For companies seeking scalable, meaningful growth, establishing a presence in LATAM offers both market opportunity and strategic influence in shaping the region’s evolving digital economy.
Benefits of Obtaining a Crypto License in the LATAM Region
While regulatory frameworks vary across LATAM, many countries have begun implementing or refining legislation to legitimize and regulate crypto operations. This shift creates significant advantages for companies that pursue licensing early. In jurisdictions like Brazil, Argentina, and El Salvador, the emergence of licensing regimes—such as VASP (Virtual Asset Service Provider) or Digital Asset Service Provider licenses—allows businesses to operate with legal clarity and gain trust from users, partners, and financial institutions.
Licensed crypto companies in LATAM benefit from enhanced credibility and greater access to banking and financial services, which are often limited to unregistered firms. Regulation not only enables better consumer protection but also opens doors to cross-border partnerships, institutional clients, and mainstream adoption. In countries like El Salvador, where Bitcoin has legal tender status, or Brazil, where the central bank is actively developing a digital real, regulatory alignment further increases business potential.
Another key benefit is the flexibility and diversity of licensing paths across the region. Some LATAM countries offer streamlined licensing processes with clear categorization of services (exchange, custody, payment processing), while others offer sandbox environments or pilot programs to test crypto innovations. This allows businesses to choose jurisdictions that best match their operational goals, risk appetite, and target markets.
Lastly, LATAM's evolving regulatory momentum offers a first-mover advantage. By obtaining crypto licenses now, businesses can help shape the regulatory dialogue, contribute to innovation-friendly ecosystems, and embed themselves in markets before widespread saturation. With continued regional integration, rising digital literacy, and favorable demographic trends, LATAM represents a compelling frontier for licensed, future-facing crypto ventures.
ARGENTINA:
New Company SRL (LLC): 26.585 EUR
• Company Creation of SRL (LLC) with mandatory books.
(1 local director / 2 shareholders required)
• Registration of the new directors in the Argentine tax system. (CDI)
• Registration of the company in the registry of Virtual Asset providers. (CNV)
• Registered office for 1 year included
(1.500€ / year after 1st year).
• 2 bank accounts (local & EMI).
• Transfer of shares with a Notary (Remotely).
• Personalized AML/KYC Policy.
• VAT number.
• MLRO search and employment
Mandatory Monthly Fees:
• Local legal contact & legal address (CNV) 1.080€
• Registered SRO with UIF: 2.650€
Extra Services:
• Local Director/Nominee monthly fees: 750€
• Corporate income tax – 25-35% depending on annual net income;
• VAT 21%;
• Tax dividend – 7%;
• Capital Gains Tax - 15-20%
*Applies to cryptocurrency gains held for more than 365 days
• Minimum share capital - 6k$
Time Line: 6-8 weeks
ARGENTINA:
New Company SA (PLC): 28.635 EUR
• Company Creation of SA (Public Limited Company).
(1 local director / 2 shareholders required)
• Registration of the new directors in the Argentine tax system. (CDI)
• Registration of the company in the registry of Virtual Asset providers. (CNV)
• Registered office for 1 year included
(1.500€ / year after 1st year).
• 2 bank accounts (local & EMI).
• Transfer of shares with a Notary (Remotely).
• Personalized AML/KYC Policy.
• VAT number.
• MLRO search and employment
Mandatory Monthly Fees:
• Local legal contact & legal address (CNV) 1.080€
• Registered SRO with UIF: 2.650€
Extra Services:
• Local Director/Nominee monthly fees: 750€
• Corporate income tax – 25-35% depending on annual net income;
• VAT 21%;
• Tax dividend – 7%;
• Capital Gains Tax - 15-20%
*Applies to cryptocurrency gains held for more than 365 days
• Minimum share capital - 6k$
Time Line: 6-8 weeks
ARGENTINA:
Ready-Made Company SRL (LLC):
• Crypto authorized company within the CNV (Registry of Virtual Asset Providers).
• Share transfer (PoA).
• Registered office for 1 year included
(1.500€ / year after 1st year).
• Full set of notarized corporate documents.
• 2 bank accounts (local & EMI).
• Personalized AML/KYC Policy.
• VAT number.
• MLRO search and employment
Mandatory Monthly Fees:
• Local legal contact & legal address (CNV) 1.080€
• Registered SRO with UIF: 2.650€
Extra Services:
• Local Director/Nominee monthly fees: 750€
• Corporate income tax – 25-35% depending on annual net income;
• VAT 21%;
• Tax dividend – 7%;
• Capital Gains Tax - 15-20%
*Applies to cryptocurrency gains held for more than 365 days
• Minimum share capital - 6k$
Time Line: ~2 weeks
ARGENTINA:
Ready-Made Company SA (PLC):
• SA (Public Limited Company).
• Crypto authorized company within the CNV (Registry of Virtual Asset Providers).
• Share transfer (PoA).
• Registered office for 1 year included
(1.500€ / year after 1st year).
• Full set of notarized corporate documents.
• 2 bank accounts (local & EMI).
• Personalized AML/KYC Policy.
• VAT number.
• MLRO search and employment
Mandatory Monthly Fees:
• Local legal contact & legal address (CNV) 1.080€
• Registered SRO with UIF: 2.650€
Extra Services:
• Local Director/Nominee monthly fees: 750€
• Corporate income tax – 25-35% depending on annual net income;
• VAT 21%;
• Tax dividend – 7%;
• Capital Gains Tax - 15-20%
*Applies to cryptocurrency gains held for more than 365 days
• Minimum share capital - 6k$
Time Line: ~2 weeks
MEXICO:
VASP: 40.135 EUR
Allows custody, storage, transfer and exchange of virtual assets (alt coins).
• Virtual Asset Service Provider (VASP)
• Registration of the new directors in the Mexican tax system.
• Registration of the company in the registry of Virtual Asset providers.
• Registered office for 1 year included
(1.500€ / year after 1st year).
• 1 bank account (local ).
• Transfer of shares with a Notary (Remotely).
• Personalized AML/KYC Policy.
• VAT number.
Mandatory Monthly Fees:
• Local legal contact & legal address: 1,600€
• Compliance officer and monthly reporting: 2,650€
Extra Services:
• Local Director/Nominee monthly fees: 750€
• Corporate income tax – 30%;
• VAT 16%;
• Tax dividend – 10%;
• No minimum share capital - however 2,500 USD is recommended
Time Line: ~4 Months
MEXICO:
Money Transmitter
with Physical Operations (MSB): 51.635 EUR
MTPO: Allows sending of resources (Fiat, BTC, Alt coins and Stable coins) with a physical branch and in-person clients.
• Business Model
• Preparation of the infrastructure.
• Iteration of the documentation
• Coordination for obtaining the technical opinion.
• Written request (formal)
*We will guide you through the services that your Money Transmitter can offer, and we will make recommendations for optimizing the platform in terms of the Law and its general provisions.
MEXICO:
Money Transmitter with Digital Operations (MSB): 68.885 EUR
MTDO: Allows sending of resources (Fiat, BTC, Alt coins and Stable coins) with non-face-to-face digital operations (approximate monthly limit of USD 5K to 7K per user, regardless of the number of operations and is per month; limited to natural and legal clients of Mexican nationality; clients of foreign nationality will only be able to make purchases through physical/face-to-face channels).
• Business Model
• Preparation of the infrastructure.
• Iteration of the documentation
• Coordination for obtaining the technical opinion.
• Written request (formal)
*We will guide you through the services that your Money Transmitter can offer, and we will make recommendations for optimizing the platform in terms of the Law and its general provisions.
MEXICO:
Electronic Payment Fund Institution (IFPE): 218.385 EUR
Includes MTDO operations without limits, as well as custody of fiat, stablecoins, BTC via a wallet, card issuance, card payment processing.
• Fintech Model
• Preparation of the legal infrastructure
• Iteration of the documentation
• Submission of the application for authorization
• Venting, preparation and iteration of observations (up to 2 rounds)
• Request for additional authorizations.
• Training in how to lobby for your project
Cost Breakdown:
• Integration of the file 73.025 EUR
• Release of Observations 18.975 EUR
• Clearance of authorization for the start of operations 14.835 EUR
• Request for additional permits 8.338 EUR
• Request for direct connection to SPEI 103.212 EUR
EL SALVADOR:
Fully Operational: 37.835 USD
• Full turnkey company formation.
• Basic Corporate documents.
• Personalized AML/KYC.
• Policy License.
• Bank account opening assistance.
• Compliance officer search and employment.
Time Line: 3-5 Months
EL SALVADOR:
Complete Package: 47.035 USD
• Full turnkey company formation.
• Basic Corporate documents.
• Personalized AML/KYC.
• Policy License.
• Bank account opening assistance.
• Compliance officer search and employment.
• Office Rent Agreement for 1 year.
• Accounting for 1 year (annual report included)
Time Line: 3-5 Months
Personalized AML includes:
Internal Policies:
Development of customized policies and procedures based on essential pillars:
Internal Structure and Processes: Effective internal controls for managing and supervising operations,
minimizing risks, and ensuring regulatory compliance.
Client Relations:
Know Your Customer (KYC) and Customer Due Diligence (CDD) policies for identifying,
verifying, and continuously monitoring client activities.
Third-Party Relations:
Know Your Business (KYB) and Know Your Transaction (KYT) policies, enabling
verification of associated companies and businesses and analysis of their transactions.
Documentation:
Preparation of the necessary documentation to support policies, procedures, and internal
controls.
Operational Manuals:
Describing the organizational structure, roles and responsibilities, internal processes for
KYC, KYB, and KYT, and emergency protocols. Development of company and client matrices.
Records and Reports:
Maintenance of records of all operations, generation of regulatory reports for the UIF, and
risk analysis for internal and external reports.
Audits:
Regular internal audits to evaluate the effectiveness of policies and procedures, with review and
improvement as necessary.
