• EU Ltd Company
    Perfect solution for crypto trading

LTD Company formation for crypto-trading in the UK or Estonia

No matter why you trade crypto – is it a hobby or a full-time job paying your bills. The question is – how do I legally withdraw part of my profits out of the exchange. Most exchanges allow wire-transfers as a withdrawal method. But what would be the most efficient way in terms of the taxes? What would be the best in terms of regulations? ICG recommends using LTD company in a crypto-friendly jurisdiction along with a business account in a crypto-friendly online bank.

Our crypto-friendly packages

EU LTD company + Crypto-friendly Online Banking Account

0.09 BTC
  • Ready to trade UK Limited company
  • Companies House Fee included
  • Ready to trade LTD company in the UK or Estonia
  • Email copy of certificate of incorporation
  • Email copy of share certificate
  • Email copy of Memorandum & Articles of association
  • Email copy of company register with first entries
  • Printed copy of share certificate
  • Printed copy of certificate of incorporation
  • Premium Registered Address for 1 year
  • Business account with Worldcore to accept WIRE payments + Worldcore Mastercard. Worldcore also provides ETH and BTC accounts for a quick transfer.
  • Paysera business account to accept and send SEPA payments + Paysera Visa
0.25 BTC
  • Ready to trade Estonian Limited company
  • Government Fee included
  • Email copy of certificate of incorporation
  • Email copy of share certificate
  • Email copy of Memorandum & Articles of association
  • Email copy of company register with first entries
  • Printed copy of share certificate
  • Printed copy of certificate of incorporation
  • Premium Registered Address for 1 year
  • Business account with Worldcore to accept WIRE payments + Worldcore Mastercard. Worldcore also provides ETH and BTC accounts for a quick transfer.
  • Paysera business account to accept and send SEPA payments + Paysera Visa

What we offer

Company Formation

Our companies are normally formed, approved and ready to trade with all company documents delivered within several business days.

DEPOSITS

Make Coinbase deposits with pre-paid Visa (3DS supported) or SEPA transfers

Withdraw crypto and fiat

Use your dedicated IBAN or debit card to withdraw BTC/ETH/LTC to your UK Limited Company PSP account

Why UK Limited company?

First of all, UK Limited companies are easy to start and operate, especially if your profit levels are still classified as small profits (under 300 000 GBP). The Companies Act 2006, made it easier to run a limited company. The government continues to examine ways to give well run companies the freedom to focus on business rather than administrative formalities.

Currently, cryptocurrencies are not a specific financial product or commodity in the UK, and therefore they are outside the scope of legal regulation. From the point of view of their nature, cryptocurrencies are treated as “private currency”.

In the United Kingdom, enterprises and financial institutions are regulated by the Financial Conduct Authority (FCA). But this regulatory arm does not regulate Bitcoin and cryptocurrency exchanges and businesses. As the FCA explained, Bitcoin businesses in the UK are not obliged to register with the FCA to operate freely and under the rule of law.

No regulations from financial entities, a strong market that was always related to the financial industry and well prepared group of Bitcoin and cryptocurrencies enterprises, make the United Kingdom a friendly country towards Bitcoin and cryptocurrencies in general.

Why Estonian Limited company?

Estonia, where Skype was originally made, has always been a tech-friendly country and welcomed new innovations whenever possible. So, it’s no wonder to see them adapt cryptocurrency and other related tech so quickly. Whether it be their government adopting blockchain technology to make sure all networks, systems, and data are free of compromise or them launching their own countrywide, Ethereum-based token – the “Estcoin” (making them the first country to launch an ICO), this Baltic state has become one of the many booming destinations for all things cryptocurrency and blockchain.

This Baltic nation possesses one of the most tech-friendly governments across the globe. Bitcoin has an all-encompassing implementation in this country starting from healthcare to banking services. Estonia Government took the initiative of transforming their citizens as e-citizens by offering blockchain based e-voting system. The country has a significant number of Bitcoin ATMs as well.

Can I use my card for cryptocurrency deposits?

Yes! You can make deposits with your pre-paid debit Visa or direct SEPA transfer from your PSP business account. Your prepaid Visa will have 3DS enabled to ensure successful deposits on most of the exchanges. Many exchanges (e.g. Coinbase) also allow you to make SEPA transfers for bigger deposits – that’s another great option you get with our package!

Can I use my new PSP account to withdraw crypto and fiat?

For sure. You can withdraw your BTC/ETH/LTC to Coinbase or any other exchange that offers SWIFT/SEPA/Card withdrawal, but that would require a simple business bank account validation by transferring small amount or EUR to Coinbase bank account. You can also withdraw BTC and ETH directly to your Worldcore account!

Dormant companies can be set up

A company does not have to trade to exist, comparing with the opposite situation in other jurisdictions, where you are required to do tax payments, pay minimal salary to a director, even though your company doesn’t generate any revenue.  It can be dormant which means it has made no ‘significant accounting transactions’ during its financial year.  This can be useful for the startups that not yet have the time or capital for development.  You’ll need to register the name and maintain the necessary formalities to keep the company on the register, although these requirements for dormant companies are somewhat easier to meet than those for other companies. All you have to do is maintain the filling of Confirmation Statement and Accounts once a year, what takes no more than 10 minutes if your company is in fact dormant.

Opening Business Bank Accounts

Opening a business bank account for UK company having non UK resident directors can be very challenging as all the main high street banks will require the directors or business owners that reside within the UK. Still we do have options no matter where in the world you live. All you need is just a basic documents package for the company and applicant, the person who will manage online account to comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) international requirements.

Which documents do I need in order to open UK Limited company

Normally, all we need to open you a limited company – is the following information about the company and owners/directors:

In order to open you an account and issue a prepaid Mastercard/Visa with our PSP partners we’ll also need your passport/ID scan and a proof of address (e.g. utility bill)



How long does it take to register a company and open online business account?


We have strong relationships with all three PSPs so you normally can expect:

  • Digital documents for your new company – the same or following business day (UK) and 1-2 weeks (Estonia)
  • PSP account approval – within 3 working days after company registration
  • PSP debit card delivery – within 10 working days after PSP account approval