🇻🇬 How much does a crypto licence in British Virgin Islands (BVI) cost?
Cost model verified: oldest component 46 days ago (verified 2026-07-07).
roughly EUR 25k to EUR 75k cash over three years
Confidence: Medium
Modelled scenario: BVI FSC registration as a VASP operating a virtual assets exchange under the Virtual Assets Service Providers Act, 2022 (No. 17 of 2022; in force 1 February 2023). The VASP Act uses registration rather than a licence. Costed the EXCHANGE category (application under s30/s31), the highest of the three VASP categories (general VASP application USD 5,000 / registration USD 7,500; custody USD 10,000 / USD 15,000; exchange USD 10,000 / USD 25,000). Figures read from the Financial Services (Fees) (Amendment) Regulations, 2023 (SI 2023 No. 5), Schedule, item (xi). Currency USD.
These figures are planning estimates for a stated representative scenario, not quotes and not legal or financial advice. Regulator fees and capital minimums are sourced from official schedules; professional and substance costs are market estimates with ranges. Your numbers will differ. Verify against the cited sources and take advice before committing.
| Component | Year 1 | Year 2 | Year 3 | 3-year total | Confidence |
|---|---|---|---|---|---|
| Application | |||||
| Application fee | British Virgin Islands (BVI) application fee is included in the £349 pass. | - | - | British Virgin Islands (BVI) application fee is included in the £349 pass. | verified |
| Ongoing | |||||
| Supervision fee | British Virgin Islands (BVI) supervision fee is included in the £349 pass. | - | - | British Virgin Islands (BVI) supervision fee is included in the £349 pass. | verified |
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These are representative scenarios
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