Regulators：Cayman Islands Monetary Authority (CIMA)
Regulatory region：CAYMAN
License Type：VASP
Application price (USD)：***
Application frequency：3months
Maintenance costs (USD)：****
Company summary：
Top 5 Advantages - Cayman Islands Crypto License Tax Free Friendly jurisdiction regarding crypto and blockchain projects No minimum share capital requirements For cutting edge innovators: a sandbox license is available Easy to set-up and maintain: everything is done online Suitable for: Custody Fiat to crypto Crypto exchange ICO ITO DeFi project Sandbox License for out-of-the-box thinkers
Product details：
What are the minimum requirements to obtain Cayman Islands? VASPs in the Cayman Islands are regulated by the Cayman Islands Monetary Authority (CIMA) Incorporate a legal structure in the Cayman Islands Implementation of Local Anti Money Laundry Policies Local personnel Basic business plan One pager describing the exact services planned to be offered in the first few months Certificate of an absence of criminal records issued for all participants that is no older than 3 months No minimum share capital
