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Crypto Regulation in Vilnius (Fintech Hub)

Vilnius is a major EU fintech hub. Bank of Lithuania issues EMI and VASP licenses. Popular for crypto companies seeking EU passporting under MiCA.

Region: Europe

Tax Information

Capital Gains (Personal)
15-20%
Capital Gains (Corporate)
15% CIT
VAT on Crypto
--
Staking Tax
--
Airdrop Tax
--
Mining Tax
--

Licensing & Registration

License Required
Yes
Regulator
Bank of Lithuania
Framework
Law on Money Laundering Prevention + MiCA
License Types
--
Estimated Cost (USD)
--
Timeline
--
Ease of Licensing
--

AML / KYC

KYC Required
--
Travel Rule
--
FATF Member
--
FATF Status
--
Suspicious Activity Reporting
--

Mining

Mining Legal
Yes
Status
Unknown
Electricity Cost ($/kWh)
$0.1
Renewable Energy
--
Climate
Temperate
Infrastructure
Moderate
Tax on Mining Income
Standard corporate tax

Soken Services

Legal Opinion
Available | $3,000 - $12,000 | 14 days
Banking
Difficulty: Medium | Crypto-friendly banks: none listed
Fiat Rails
SWIFT
Card Payments
Visa, Mastercard
Company Registration
$2,000 | 14 days | LLC
Licensing Support
Available | $5,000 - $25,000

Frequently Asked Questions

Is crypto legal in Vilnius (Fintech Hub)?
Cryptocurrency is currently classified as "Legal" in Vilnius (Fintech Hub). Vilnius is a major EU fintech hub. Bank of Lithuania issues EMI and VASP licenses. Popular for crypto companies seeking EU passporting under MiCA.
What is the crypto tax rate in Vilnius (Fintech Hub)?
In Vilnius (Fintech Hub), the personal capital gains tax on crypto is 15-20%, and the corporate tax rate is 15% CIT.
Do I need a crypto license in Vilnius (Fintech Hub)?
Yes, a crypto license is required in Vilnius (Fintech Hub). The regulator is Bank of Lithuania under Law on Money Laundering Prevention + MiCA. Estimated licensing cost: varies.
Is crypto mining legal in Vilnius (Fintech Hub)?
Yes, crypto mining is legal in Vilnius (Fintech Hub). Electricity costs approximately $0.1/kWh. Mining income is taxed at: Standard corporate tax.
What are the AML/KYC requirements for crypto in Vilnius (Fintech Hub)?
KYC requirements for crypto businesses in Vilnius (Fintech Hub) are not clearly defined.