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Crypto License in El Salvador

Without a doubt, El Salvador is an ambassador of crypto and blockchain businesses as one of the pioneers in offering streamlined regulatory frameworks for them. With the help of Somani Global Consulting LTD, you will get insider details about how things work locally and learn how to take the most out of them with a well-thought-out plan.

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Process of Obtaining a Crypto License

The rules for applying for a crypto license depend on the market you want to enter. Our team will guide you through the process, letting you benefit from the local legislation’s benefits for startups and mature businesses interested in global reach. Get to know how to legally perform in El Salvador with Somani Global Consulting LTD:

  1. Company Registration – preparing documents and entering the company in the Commercial Registry of El Salvador.
  2. Obtaining a license – selecting the appropriate type of license, applying CNAD, and depositing at least 5% of the share capital in a corporate account.
  3. Opening a bank account – once the license is approved, registration with other government agencies, including the Ministry of Labor and the Tax Department, is required.

Our team will ensure a seamless interaction with the regulatory authorities to ensure that your market entry is quick, legal, and efficient.