We are pleased to present a comprehensive, turnkey solution for the registration and licensing of a Virtual Currency Service Provider (VCSP) in Bosnia and Herzegovina (Republika Srpska).
This package is designed for digital asset operators seeking a cost-effective, rapid, and fully remote market entry. Republika Srpska offers a clear regulatory framework for crypto assets, allowing companies to launch a fully authorized ecosystem—complete with corporate and segregated banking—in a fraction of the time required by traditional EU jurisdictions.
Permitted Activities (Full Suite)
Once licensed by the Securities Commission of the Republika Srpska, the entity is authorized to provide a wide spectrum of digital asset services:
- Trading Platform: Operating a platform for the trading of virtual currencies.
- Exchange Services: Sale and purchase of crypto-to-fiat and crypto-to-crypto.
- Custody: Administration and safekeeping of virtual currencies on behalf of third parties.
- Transmission & Execution: Reception and execution of buy/sell orders on behalf of clients.
- Underwriting & ICOs: Placing and underwriting of virtual currencies.
Banking & Turnkey Infrastructure
This is a full-service engagement designed to remove all friction from the setup process.
- Banking Access: Assistance with opening both corporate and segregated bank accounts in Bosnia and Herzegovina—a critical infrastructure requirement successfully integrated into this package.
- Remote Registration: 100% remote incorporation process. There is no requirement for the founders or directors to be physically present in the jurisdiction.
- Compliance Ready: Includes the drafting of all standard internal procedures, including Terms of Service and AML Policies.
- Local Presence: 12 months of local registered office services are included in the engagement.
Strategic Advantages
- Speed to Market: Registration and licensing are targeted for completion within 1 to 3 months, subject to regulatory response times.
- Low Barrier to Entry: Highly favorable setup costs compared to Western European alternatives, without sacrificing regulatory clarity.
- Full Legal Support: End-to-end management of the application to the Securities Commission and local tax identification.
Engagement & Cost Overview
- Service Scope: New entity incorporation and full VCSP license acquisition.
- Client Requirements: Standard KYC/ID, proof of funds, detailed business plan, and the CV of a designated AML Officer.
- Total Package Cost: net €30,500 EUR (Includes all state fees and first-year registered address).