Isle of Man
Iceland
Jersey
Monaco
Moldova
MontenegroNikolai Timofejev
15 years in FinTech and payments. Maps your business model onto the TT role and MiCA scope and leads the file all the way to the compliant launch, including banking and payment rails.
Get a crypto license in Liechtenstein.
A crypto license in Liechtenstein is, for exchange, custody and other crypto-asset services, an FMA authorisation under MiCA that passports across the EEA, since Liechtenstein is an EEA state; the TVTG, the Blockchain Act in force since 1 January 2020, keeps its TT register for token activity outside MiCA, such as NFTs. An AG or GmbH at a 12.5% flat corporate tax, Swiss-franc banking, and the MiCA clock: 25 working days to check completeness, 40 to assess a complete file. We build both where both apply.
30 yrs
of experienceof experience
60+
in-house specialistsspecialists
400+
Crypto licenses obtainedlicenses obtained
Updated · Reviewed by the Prifinance team
Liechtenstein in brief
Crypto license in Liechtenstein: the original blockchain law, now inside the EEA.
Liechtenstein was first in the world to enact a complete, technology-neutral blockchain law, the Token and Trusted Technology Service Provider Act, the TVTG, in force since 1 January 2020 and supervised by the FMA. Its Token Container Model treats a token as a container of rights, which gives real legal certainty to issuance and transfer. Since 1 February 2025 MiCA applies in Liechtenstein through the EEA MiCA Implementation Act, and the transition for TT providers ended on 1 July 2026: exchange, custody and the other crypto-asset services now run on an FMA authorisation under MiCA, while the TVTG and its TT Service Provider Register remain for token activity outside MiCA, such as NFTs.
What makes Liechtenstein different from the offshore routes is the EEA. As a member of the European Economic Area, it is inside the EU's Markets in Crypto-Assets Regulation, MiCA - so a crypto-asset service provider is authorised under MiCA with the FMA as competent authority and can passport across the whole EEA, while the TVTG, amended in 2025 so that the two scopes no longer overlap, governs token activity outside MiCA, such as NFTs. What you build is a Liechtenstein company and the MiCA authorisation where the activity is a crypto-asset service, with a TT register entry only where it falls outside MiCA - on a 12.5% flat tax, in Swiss francs, with banking and a reputation that open European doors.
MiCA authorisation with the FMA for crypto-asset services; the TVTG, the world's first complete blockchain law, for tokens outside MiCA.
As an EEA state, MiCA applies too - a CASP is authorised with the FMA and passports across Europe. Flat 12.5% tax, Swiss francs.
MiCA and the TVTG
Authorise the service, register the role.
Two layers with separate scopes. MiCA authorises the crypto-asset services that passport across the EEA; the TVTG registers trusted-technology roles for token activity outside MiCA. We map the model onto both and file what the activity truly needs.
MiCA authorises crypto-asset services for the EEA passport; the TVTG registers TT roles outside MiCA.
01 - TOKEN ISSUER
Token issuer
Issuing tokens from Liechtenstein: under MiCA, a crypto-asset white paper notified to the FMA for most tokens, FMA authorisation for asset-referenced tokens, and e-money tokens only through a credit institution or an e-money institution; tokens outside MiCA, such as NFTs, follow the TVTG's Token Container Model with its basic information document.
Issuing tokens from Liechtenstein: under MiCA, a crypto-asset white paper notified to the FMA for most tokens, FMA authorisation for asset-referenced tokens, and e-money tokens only through a credit institution or an e-money institution; tokens outside MiCA, such as NFTs, follow the TVTG's Token Container Model with its basic information document.
- ✓MiCA white paper notified to the FMA
- ✓TVTG basic information for tokens outside MiCA
- ✓Legal certainty on token rights
02 - EXCHANGE SERVICE
MiCA CASP authorisationExchange service provider
Exchanging crypto-assets for fiat or other crypto-assets - a crypto-asset service under MiCA, authorised with the FMA and passportable across the EEA, with no separate TT register entry for MiCA crypto-assets.
MiCA authorisation: 25 + 40 working days, business plan, IT-security concept, AML. Capital EUR 50k-150k by class.
- ✓No TT register entry for MiCA crypto-assets
- ✓MiCA CASP authorisation with the FMA
- ✓Passport across the whole EEA
03 - TOKEN CUSTODIAN
MiCA CASP authorisationToken custodian
Safekeeping crypto-assets or the keys to them - MiCA's custody-and-administration service, held to the segregation and safeguarding MiCA requires; a TT register entry remains only for tokens outside MiCA, such as NFTs.
Safekeeping crypto-assets or the keys to them - MiCA's custody-and-administration service, held to the segregation and safeguarding MiCA requires; a TT register entry remains only for tokens outside MiCA, such as NFTs.
- ✓TT entry only for tokens outside MiCA
- ✓MiCA custody authorisation
- ✓Segregation and safeguarding
Exchange, custody and other crypto-asset services need FMA authorisation under MiCA; TT register entries remain for token activity outside it, such as NFTs. The FMA fee is CHF 30,000 if the authorisation includes custody, a trading platform or exchange, or CHF 10,000 for other services only; the yearly levy is CHF 50,000 or CHF 8,000 plus 0.1% of net turnover, capped at CHF 250,000. MiCA sets the clock - 25 working days to check completeness, 40 to assess a complete file - and the capital: EUR 50,000, 125,000 or 150,000 by class, or a quarter of the previous year's fixed overheads if higher. Our own fees are confirmed for your case before any work begins.
Why Liechtenstein
EEA access with real legal certainty.
Not an offshore zero, but something the islands cannot offer - an EU passport, the original blockchain law and a AAA financial centre.
✓
An EU passport
Inside the EEA, a MiCA authorisation with the FMA passports across the entire European market. That reach is the thing no BVI, Cayman or Bahamas registration can give you.MiCA reach across the whole EEA.
✓
The first blockchain law
The TVTG has run since 2020, and its Token Container Model gives issuance and transfer genuine legal certainty. Liechtenstein has years of settled practice, not a new statute finding its feet.TVTG since 2020 - legal certainty.
✓
12.5% flat corporate tax
One of the lowest headline rates in Europe, flat and predictable - a real edge over most EEA jurisdictions while keeping full EU market access.One of Europe's lowest rates.
✓
Swiss-franc stability and banking
A franc-denominated, AAA financial centre next to Switzerland - the banking and stability that European counterparties and clients expect.AAA centre next to Switzerland.
✓
A credible regulator
The FMA is a respected EEA supervisor. A Liechtenstein registration and MiCA authorisation read to banks and partners as a serious, European-grade authorisation.European-grade authorisation.
✓
The honest structure wins
Both the TVTG registration and MiCA turn on the file - governance, IT security, capital and AML. We build all of it to the standard the FMA and correspondent banks read as legitimacy.Turns on governance, IT, AML.
How it compares
How Liechtenstein differs from other routes.
Liechtenstein is the EEA-passport play with the original blockchain law - a higher-tax, higher-access route than the offshore registrations. The honest comparison is below.
Liechtenstein vs other jurisdictions
| Feature |  Liechtenstein | Offshore jurisdictions |
|---|---|---|
| Market access | EU passport via MiCA | No EU passport |
| Corporate tax | 12.5% flat | 0% (offshore) |
| Legal certainty | TVTG since 2020 | Newer regimes |
| Setup | MiCA: 25 + 40 working days | ~4-6 months |
Market access
LiechtensteinEU passport via MiCA
Offshore jurisdictionsNo EU passport
Corporate tax
Liechtenstein12.5% flat
Offshore jurisdictions0% (offshore)
Legal certainty
LiechtensteinTVTG since 2020
Offshore jurisdictionsNewer regimes
Setup
LiechtensteinMiCA: 25 + 40 working days
Offshore jurisdictions~4-6 months
Country by country
| Country | License type | Taxation | Requirements |
|---|---|---|---|
| Liechtenstein | MiCA CASP (FMA) · TVTG | 12.5% flat | IT security + capital, MiCA 25 + 40 working days |
 Seychelles | VASP Act - four activities (FSA) | 1.5% of assessable income | Resident director + office, ~6 months |
 Cayman | Registration + licence (CIMA) | 0% corporate | Custody/platform licensed, ~4-6 months |
 BVI | VASP registration by category (FSC) | 0% corporate | Authorised representative, ~4-6 months |
LiechtensteinLicense typeMiCA CASP (FMA) · TVTG
Taxation12.5% flat
RequirementsIT security + capital, MiCA 25 + 40 working days
SeychellesLicense typeVASP Act - four activities (FSA)
Taxation1.5% of assessable income
RequirementsResident director + office, ~6 months
CaymanLicense typeRegistration + licence (CIMA)
Taxation0% corporate
RequirementsCustody/platform licensed, ~4-6 months
BVILicense typeVASP registration by category (FSC)
Taxation0% corporate
RequirementsAuthorised representative, ~4-6 months
Europe · non-EU
Crypto licences in neighbouring jurisdictions
Crypto license in all 137 jurisdictions →
VASP license: what it is and where to get one →
Crypto license cost: official fees and capital by country →
Crypto mining license in Kazakhstan, Kyrgyzstan, Uzbekistan and Belarus →
Doing it properly
Crypto license requirements in Liechtenstein: what the FMA file contains.Liechtenstein crypto license requirements.
Two separate tracks - MiCA authorisation for crypto-asset services and TVTG registration for token activity outside MiCA. The checklist below is what we build and file.
01
Liechtenstein company - an AG or GmbH, incorporated with clean governance and ownership to the UBOs.
02
TT Service Provider Register entry only where the activity falls outside MiCA, such as NFT services - exchange and custody of crypto-assets need MiCA authorisation instead.
03
MiCA authorisation with the FMA where the activity is a crypto-asset service - for the EEA passport.
04
A full business plan and, importantly, an IT-security concept.
05
An AML/CFT compliance programme with a compliance officer and a reporting officer.
06
Fit-and-proper directors, officers and beneficial owners, with technical suitability shown.
07
Capital under MiCA - EUR 50,000, 125,000 or 150,000 by service class, or a quarter of the previous year's fixed overheads if higher, held as own funds, insurance or a guarantee - and internal control mechanisms.
08
Issuance papers by regime: a MiCA white paper notified to the FMA, FMA authorisation for asset-referenced tokens, or the TVTG basic information for tokens outside MiCA.
09
An auditor appointed, with accounts kept to standard.
10
Ongoing FMA supervision and reporting - the file is the start of the relationship.
01
Liechtenstein AG or GmbH.
02
TT register entry outside MiCA only.
03
MiCA authorisation for crypto-asset services.
04
Business plan + IT-security concept.
05
AML programme + officers.
06
Fit-and-proper, technical suitability.
07
MiCA capital: EUR 50k-150k by class.
08
MiCA white paper, or TVTG basic info outside MiCA.
09
Auditor appointed.
10
Ongoing FMA supervision.
Reflects MiCA as applied in Liechtenstein since 1 February 2025, the end of the MiCA transition on 1 July 2026 and the TVTG as consolidated in 2026. Liechtenstein is an EEA jurisdiction: MiCA governs crypto-asset services, the TVTG the token activity outside it.MiCA (EEA) + TVTG, as of 2026.
Verify it yourself
Official sources
Regulator pages, legal texts and public registers the figures on this page are based on.
- RegulatorFMA Liechtenstein - Crypto-asset service providers under MiCARfma-li.li
- LawLilex - Token- und VT-Dienstleister-Gesetz (TVTG), consolidated text in force from 1 September 2026: token issues outside MiCA (Art. 2), registration (Art. 12), basic information (Art. 30)gesetze.li
- LawRegulation (EU) 2023/1114 on markets in crypto-assets (MiCA) - EUR-Lexeur-lex.europa.eu
- RegisterESMA - Markets in Crypto-Assets Regulation (MiCA): registers of authorised CASPsesma.europa.eu
- LawLaw of 5 December 2024 amending the Financial Market Supervision Act (FMAG): FMA fees and supervisory levies for crypto-asset service providers - LGBl. 2025 No. 114gesetze.li
- RegulatorFMA Liechtenstein - MiCAR: entry into force, the amended TVTG scope and the transitional period that ended on 1 July 2026fma-li.li
How it works
From first call to an FMA authorisation under MiCA.
01
Strategy and mapping
Whether the activity sits under MiCA or the TVTG, the honest timeline and the plan - fixed in writing before anything incorporates.MiCA scope + TT role, in writing.
02
The Liechtenstein company
An AG or GmbH, incorporated with clean governance and ownership transparent to the UBOs.AG or GmbH, clean governance.
03
The FMA file
The MiCA authorisation for crypto-asset services, the business plan and IT-security concept, and a TT register entry where the activity falls outside MiCA.MiCA, IT-security, TT entry if needed.
04
Capital, AML and banking
MiCA capital by service class, the AML programme, and Swiss-franc and EEA accounts on disclosure.Capital, AML, CHF accounts.
05
Register, passport, run
The FMA registers and authorises; the MiCA passport opens the EEA, and reporting keeps it clean.FMA authorises; MiCA opens the EEA.
Quick facts
RegulatorFMA
LawMiCA (EEA) · TVTG 2020
RouteFMA CASP authorisation
EEA / MiCASince 2025 · EEA passport
VehicleAG or GmbH
Corporate tax12.5% flat
CurrencySwiss franc (CHF)
SetupMiCA: 25 + 40 working days
Liechtenstein is the EEA route: a MiCA passport across Europe, the original blockchain law underneath, and a 12.5% flat rate. The trade-off against offshore is real tax for real market access.
On the ground for Liechtenstein
Run from our European offices.
Prifinance - Hong Kong
Hong Kong · Head office
5/F, Yau Lee Centre, 45 Hoi Yuen Road, Kwun Tong, Hong Kong
01
Liechtenstein company
The AG or GmbH the registration sits on - built clean, owned transparently to the UBOs.AG or GmbH, built clean.
02
TVTG registration
The right TT role in the register, with the business plan and IT-security concept the FMA expects.TT role, plan, IT-security.
03
The MiCA authorisation
Where the activity is a crypto-asset service, the MiCA file with the FMA - and the EEA passport that follows.The EEA passport.
04
Banking and rails
Swiss-franc and EEA accounts arranged on full disclosure, with a European-grade authorisation behind you.CHF and EEA on disclosure.
We also have offices in
Vilnius
Lithuania
Gedimino pr. 2
Prague
Czech Republic
Vlkova 532/8, Žižkov
London
United Kingdom
7 Bell Yard
Dubai
UAE
33 Level, Al Saqr Business Tower
Madeira
Portugal
Rua da Alegria 31, 1F
Istanbul
Turkey
Perpa Ticaret Merkezi, A Blok
Good to know
Taxation of crypto companies in Liechtenstein.
Not a zero, but one of Europe's lowest - a flat 12.5% that buys full EEA market access and Swiss-franc stability.
12.5% flat corporate tax
Companies are taxed at a flat 12.5% on profit - one of the lowest headline rates in Europe, and predictable, with a minimum annual charge.One of Europe's lowest.
Full EEA access for the rate
Unlike a 0% offshore base, the 12.5% comes with a MiCA passport across the whole European market - the tax buys reach the islands cannot sell.The rate buys the passport.
Swiss-franc stability
Profits and banking sit in Swiss francs, in a AAA financial centre - the currency and stability European counterparties expect.AAA stability and banking.
Substance and EEA rules
As an EEA jurisdiction, Liechtenstein applies real substance and EU-aligned rules - the same governance the licence already requires carries the tax position.EU-aligned rules apply.
No crypto-specific surtax
Virtual-asset income follows the general corporate system at 12.5% - there is no separate digital-asset tax layer.General system at 12.5%.
Home-country tax still matters
A low Liechtenstein rate does not switch off tax where owners live and manage. We flag the residence and controlled-company questions up front.Owners' residence still counts.
Tax summary
Corporate income tax12.5% flat
Market accessEEA passport via MiCA
CurrencySwiss franc (CHF)
Crypto-specific taxNone - general system
StandingAAA EEA financial centre
ConditionSubstance + EEA rules
*As of 2026. The 12.5% rate comes with EEA access - we model the full picture, tax and passport, against the offshore alternatives.
Turnkey professional support
Experienced lawyers and international consultants.
We provide end-to-end support, from company registration and the FMA file to regulatory interaction and compliance oversight - with an individualized approach to each client.
Oleksii Kindratenko
Builds the application itself: the Liechtenstein AG or GmbH, the TT register entry, the IT-security concept and MiCA file, and the AML/KYC policy set. His document sets are the reason reviews finish cleanly.
Eugeniu Bevziuc
First point of contact for international founders. Runs the whole setup remotely, across time zones and languages - from the first call to a clean, licensed business.
Follow Prifinance
Active across our channels.
Liechtenstein · MiCA + TVTG
Get your crypto license in Liechtenstein with expert support.
Full-service setup - the company, the MiCA authorisation and, where needed, the TVTG registration, assembled as one.
Get a consultation →Free legal opinion
Is Liechtenstein the right fit for your project?
Our legal team will analyze your case at no cost and provide a written legal opinion: MiCA scope, TVTG role, jurisdiction and route that fit your business.
Written assessment within 2-5 business days
Request a free conclusion →FAQ
The Liechtenstein crypto regime, answered honestly.
What is the TVTG?+
The Token and Trusted Technology Service Provider Act, known as Liechtenstein's Blockchain Act, in force since 2020 and the world's first complete, technology-neutral framework of its kind. The FMA registers TT service-provider roles under it for token activity outside MiCA, such as NFTs.
How does MiCA fit in?+
Liechtenstein is in the EEA, so MiCA applies. A crypto-asset service is authorised under MiCA with the FMA as competent authority and passports across the whole EEA, while the TVTG governs the wider token economy. We coordinate the two.
Which do I need - TVTG or MiCA?+
Usually one or the other, mapped to the activity: since 2025 the two scopes no longer overlap, and the transition for TT providers ended on 1 July 2026. Exchange, custody and other crypto-asset services need MiCA authorisation alone; token activity outside MiCA, such as NFTs, sits under the TVTG, and some models need both. We tell you which before you spend.
What is the EU passport worth?+
It is the whole point of paying European tax. A MiCA authorisation lets you serve clients across the EEA from Liechtenstein - reach no offshore registration can give you.
How is it taxed?+
A flat 12.5% corporate rate - one of Europe's lowest - in Swiss francs. Higher than an offshore zero, but it buys full EEA market access, which is the trade you are actually making.
How long does a crypto license in Liechtenstein take?+
For crypto-asset services the clock is MiCA Art. 63: the FMA checks completeness within 25 working days of receiving the application and decides on a complete one within 40 working days, a period a request for information can suspend once for up to 20, and you hear the decision within five working days. There is no separate TT register step. A file with the business plan, IT-security concept and AML in order is what keeps the FMA review moving.
Liechtenstein or an offshore route?+
It depends on your market. If you serve the EEA, Liechtenstein's passport is decisive; if you serve the world and want 0%, an offshore registration may fit better. We model both against your clients and flows.
Why Liechtenstein with you?+
Because the outcome turns on the file - the TT role, the MiCA scope, the IT security and the AML. We build Liechtenstein applications to the standard the FMA and the banks read, which is what makes the registration and passport usable.
What is the TVTG?+
Liechtenstein's Blockchain Act, run by the FMA since 2020.
How does MiCA fit?+
EEA - MiCA authorises CASPs; passport across Europe.
TVTG or MiCA?+
MiCA for crypto services; TVTG outside it.
The passport worth?+
EEA-wide reach - the point of paying EU tax.
Tax?+
12.5% flat, in Swiss francs.
How long?+
MiCA: 25 + 40 working days by statute.
Vs offshore?+
EEA passport vs 0% - market decides.
Why with us?+
File to FMA and bank standard.
Client notes
Google4.7★★★★★
Founders who wanted it done right.
Google4.7★★★★★
“As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly…”
Google
“I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia”
Google
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Google
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Google
“Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and…”
Google
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One message away from your Liechtenstein structure.
Get a free legal opinion on your project - our legal team will analyze your case at no cost and provide a written legal opinion: MiCA scope, TVTG role, jurisdiction and route that fit your business.Free legal opinion: MiCA scope and TVTG role for your project, and what it will cost.
✓Written legal opinion within 2-5 business days - free of charge✓A clear recommendation on MiCA scope and TVTG role, not a sales pitch✓Transparent fixed fees, confirmed up front✓EN · RU · ES speaking team
Prifinance is an independent law and advisory firm. We are not a regulator and are not affiliated with, endorsed by, or acting on behalf of the Financial Market Authority Liechtenstein or the Government of Liechtenstein. Registrations and authorisations are granted by, and obtained directly from, the competent authority.