El Salvador:
DASP / Crypto License
BSP (Bitcoin Service Provider) License
El Salvador
The next significant wave of crypto growth is on the horizon, and Latin America is poised to be at the center of this transformative shift. With El Salvador leading the way in crypto adoption, now is the perfect time to position your business to capitalize on this emerging market.
The data is clear—Latin America is becoming a major force in the global crypto economy. El Salvador, with its forward-thinking policies and enthusiastic embrace of Bitcoin as legal tender, is setting the pace for the region. With a young, tech-savvy population driving adoption and innovation, the country is rapidly gaining attention from major web3 players.
But seizing this opportunity requires more than just market awareness; it requires strategic action. That’s where ReadyCorp steps in, providing businesses with the tools, knowledge, and compliance solutions necessary to succeed in this burgeoning crypto ecosystem.
El Salvador offers a unique set of incentives for crypto businesses, making it an attractive destination for international investments:
0% Tax on Crypto-Related Business Activities: El Salvador has become a tax haven for crypto entrepreneurs by offering zero percent tax on profits earned through crypto-related activities. This makes it one of the most competitive destinations globally for businesses looking to establish operations.
No Income Tax on International Investments and Transfers: The government has also removed income tax on international investments and transfers, creating a favorable environment for businesses to move capital and generate returns without hefty tax burdens.
These benefits, combined with the country’s robust regulatory framework for virtual asset service providers (VASPs), make El Salvador an ideal hub for crypto ventures.
EL SALVADOR:
Package A: 15.900 EUR
• Company Incorporation
• Trade Registration Fees
• Registration as a BITCOIN Service Provider
• Registration Fee
EL SALVADOR:
Package B: 25.500 EUR
• Company Incorporation
• Trade Registration Fees
• Registration as a Digital Asset Service Provider (DASP)
• Registration Fee
• Registration as a BITCOIN service provider
• Bank account opening assitance
• Personalized AML/KYC
• MLRO search and employment
EL SALVADOR:
Stage 2 Services Available:
• Legal Representative and address
• Accounting
• MLRO
• Auditing
El Salvador: Unlock 0% Tax Benefits for Crypto Businesses and Join Latin America’s Web3 Revolution
As the digital economy evolves, cryptocurrency continues to lead the charge in innovation. Among the countries embracing this shift, El Salvador is quickly becoming a key player, offering enticing tax benefits and a supportive regulatory environment for crypto entrepreneurs. With its 0% tax on crypto-related profits and favorable laws for international investments, the country has positioned itself as the prime destination for crypto businesses. Helping companies tap into this opportunity is ReadyCorp, a firm that specializes in guiding businesses through the process of establishing operations in Latin America’s fast-growing crypto landscape.
Latin America is seeing rapid growth in cryptocurrency adoption, with El Salvador standing out as a trailblazer in the global crypto economy. The country’s decision to make Bitcoin legal tender in 2021 has accelerated its rise as a crypto hub, capturing the attention of global web3 players. Now, more than ever, businesses have the opportunity to capitalize on this shift.
El Salvador offers an unparalleled advantage to crypto businesses with its 0% tax on profits earned through crypto-related activities. This makes the country a tax haven for crypto entrepreneurs, allowing businesses to maximize their earnings and reinvest in growth. In a competitive global market, this tax incentive gives companies a compelling reason to establish operations in El Salvador.
In addition to the 0% tax on crypto profits, El Salvador has removed income tax on international investments and transfers. This further enhances the country's appeal by allowing businesses to move capital freely and generate returns without facing substantial tax burdens. For international investors, this creates an ideal environment to explore new opportunities while maintaining financial flexibility.
Beyond tax advantages, El Salvador has developed a robust regulatory framework for Virtual Asset Service Providers (VASP / Crypto License). This framework provides clarity and legal certainty, ensuring that crypto businesses operate within a structured and secure environment. By establishing clear regulations, the country fosters innovation while safeguarding against risks such as fraud and money laundering, helping businesses thrive with confidence.
While the benefits are clear, navigating the regulatory landscape in a new country can be challenging. ReadyCorp was established to help businesses smoothly enter El Salvador’s crypto ecosystem. With extensive experience in local regulations and market dynamics, ReadyCorp offers businesses the tools they need to succeed.
ReadyCorp provides comprehensive support, from company formation to compliance management. Their hands-on approach ensures that businesses can quickly establish operations and stay compliant with local laws. With deep knowledge of El Salvador’s regulatory framework, ReadyCorp helps companies take full advantage of the country's tax benefits while avoiding costly mistakes.
ReadyCorp focuses on offering budget-conscious services that streamline the regulatory process. By simplifying the complexities of compliance, they help businesses save both time and money, allowing them to focus on growth and scaling.
As El Salvador continues to establish itself as a global leader in cryptocurrency, there has never been a better time to enter the market. The country’s progressive policies and tax incentives create a fertile environment for crypto innovation and investment. ReadyCorp is here to ensure that businesses can navigate this exciting landscape with ease and confidence.
With a thriving crypto ecosystem, clear regulatory support, and unique tax advantages, El Salvador is an ideal destination for companies looking to tap into the next wave of growth in the web3 economy. ReadyCorp provides the expertise and guidance necessary for businesses to succeed in this dynamic market.
Personalized AML includes:
Internal Policies: Development of customized policies and procedures based on essential pillars:
Internal Structure and Processes: Effective internal controls for managing and supervising operations,
minimizing risks, and ensuring regulatory compliance.
Client Relations: Know Your Customer (KYC) and Customer Due Diligence (CDD) policies for identifying,
verifying, and continuously monitoring client activities.
Third-Party Relations: Know Your Business (KYB) and Know Your Transaction (KYT) policies, enabling
verification of associated companies and businesses and analysis of their transactions.
Documentation: Preparation of the necessary documentation to support policies, procedures, and internal
controls:
Operational Manuals: Describing the organizational structure, roles and responsibilities, internal processes for
KYC, KYB, and KYT, and emergency protocols. Development of company and client matrices.
Records and Reports: Maintenance of records of all operations, generation of regulatory reports for the UIF, and
risk analysis for internal and external reports.
Audits: Regular internal audits to evaluate the effectiveness of policies and procedures, with review and
improvement as necessary.
ReadyCorp's team has a proven track record, assisting over 450 clients.
ReadyCorp is the FinTech solution to connect you to the Latam & European markets. Our services are tailored specifically for non-residents, recognizing the unique challenges that occur when entering foreign markets. Whether it's navigating legal requirements and compliance, or understanding local business practices, our friendly and professional team is here to provide guidance and support throughout the entire process.
Ready Corp Ltd
Registration Number 15874528
Registered Office
20 Wenlock Road, London, England, N1 7GU
T: + (44) 20 7660 1462
E: operations@readycorp.co
Telegram: @Milton_G_Brown
Services supplied by Ready Corp Ltd or its providers are regulated and authorized by the appropriate authority in each of their respective jurisdictions.
SPAIN :
Mapfre Tower, Planta 27, Carrer de la Marina, 16-18.
Barcelona, 08005
spain@readycorp.co
ARGENTINA:
Libertador Avenue 101
10th Floor, Vicente Lopez
Buenos Aires, B1638BEA
argentina@readycorp.co
EL SALVADOR:
89 Avenida Norte y Calle El Mirador,
Local 201 A, Edifício World Trade Center, torre 1
San Salvador
elsalvador@readycorp.co
BRAZIL:
Avenida Paulista, 2064, 14º andar, Bela Vista
São Paulo, SP 01310-200
brazil@readycorp.co
MEXICO:
Paseo de la Reforma 284, piso 17
Ciudad de México 06600.
mexico@readycorp.co
Office in Spain:
Office in Argentina:
Office in El Salvador:
Office in Brazil:
Office in Mexico:
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