Portugal is one of the few countries in the world that has not implemented a charging system for the use of virtual currency, for individuals. If you want to open a cryptocurrency company in Portugal, you may do that by choosing the proper legal structure and following the incorporation steps like preparing the documents or opening a bank account. Below you can find information about this type of business, mentioning that one of our company formation agents in Portugal can manage the formalities.
LDA is the variant for limited liability company in Portugal and the most popular business structure in this country. It is suitable for opening a cryptocurrency company in Portugal, and below we review some of the formalities:
These are some of the formalities that you must follow to open a cryptocurrency company in Portugal. We remind you that you benefit from the support offered by our agents if you want to open a company in Portugal.
As mentioned above, you need to obtain a crypto exchange license in Portugal in order to open the company. Let’s review some of the formalities involved:
Those who want more details about crypto exchange licenses in Portugal can use our services. One of our local agents can help you open a cryptocurrency company in Portugal.
The Portuguese authorities have recently announced that they are working with specialists in the field to implement National Blockchain Technology. Practically, it is being studied how this technology can be implemented, for which a set of laws will be drafted and adopted meant to facilitate its use even better. Also, those interested in the implementation and development of virtual currency, have at their disposal, from 2020, Technological Free Zones. Here it can be tested various services and products related to blockchain technology and more.
Regarding the use of virtual currency in Portugal, we present some statistics:
Want to know more about how to open a cryptocurrency company in Portugal. You can contact our company formation experts in Portugal and discover the personalized services we offer.