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Licenses for betting activities
The fees for other license applications are as follows:
Currency exchange: Companies providing currency exchange services must register as MSBs. This applies to both physical and electronic currency exchange.
The first step is to determine what type of payment services licence your company needs. For cryptocurrency transactions, this may be a standard payment service provider licence or a major payment service provider licence, depending on the volume and nature of the transactions offered.
Minimise regulatory risks: Knowledge of current and constantly updated regulatory requirements can prevent potential violations and associated fines or penalties.
The documents remain retained by the CRO and are made available for public inspection
Gambling Regulations in Malta
The variation in the types of cryptocurrency licences in the UAE reflects a comprehensive approach to regulating this new and dynamic sector. Understanding the specifics of each type of licence and the requirements for obtaining it is a key factor in successfully operating a cryptocurrency business in the region. The UAE offers unique opportunities for cryptoasset companies, but requires strict adherence to regulatory standards and norms.
1. Legal documents of the company
Tax Advantages: Gibraltar offers low tax rates and a wide range of tax incentives for businesses, including income tax, value added tax and capital investment tax.