EU MiCA crypto-asset service provider (CASP) authorisation
EU MiCA CASP authorisation — Class 1: application preparation and management
Preparation and management of an application for authorisation as a crypto-asset service provider (CASP), Class 1 — transfer, advice, reception and transmission or placing of crypto-assets.
In short
Preparation and management of an application for authorisation as a crypto-asset service provider (CASP), Class 1 — transfer, advice, reception and transmission or placing of crypto-assets. The price is from €19,500, excluding VAT. How long it takes: drafting 8–14 weeks; FSA 25 + 40 working days plus question periods. It is ordered and paid on micaconsult.com.
Who it is for
Crypto businesses that will serve clients in the EU under MiCA.
Price
| Service | Price | Order |
|---|---|---|
| EU MiCA CASP authorisation — Class 1: application preparation and management | from €19,500 | Order |
All prices are in euros and exclude VAT. VAT is added where it applies under the Estonian Value Added Tax Act.
What the price includes
- Full MiCA CASP application for the chosen class
- Management of the FSA's questions to the decision
- Programme of operations
- Governance, ICT, AML and conflict-of-interest documents
- Application file and the procedure with the authority
Not included in the price
- State fees and the regulatory capital
- Third-party ICT and audit costs
State and notary fees
State fees and the fees of the supervisory authority are not included in the price; you pay them yourself.
- State fee for the review of the CASP application (State Fees Act)
- Annual supervision fee after authorisation
Requirements
The minimum capital of Class 1 under MiCA, fit and proper management, a registered office in Estonia and real substance are required. Ordered and paid on this page; the amount is our fee for the standard scope, and work beyond it is done only with your written agreement. FIU licence FIU000117 is LexorCorp's own licence for its trust and company services; it does not authorise the client. The authorisation is granted or refused by the competent authority — no service provider can promise it.
Before we start
- Permanent minimum capital EUR 50,000 (MiCA Annex IV) or insurance per Art. 67
- Estonian legal person with registered office and part of the services in the EU (Art. 59(2))
- At least one director resident in the EU
Documents and information we need from you
- Articles of association and registry extract of the applicant
- Proof of registered office and place of management in Estonia (lease, premises)
- Organisational chart, staffing plan and job descriptions of key functions (compliance, risk management, internal audit, AML officer)
- For each management board and supervisory board member: CV, copy of passport, criminal record certificate(s) from every country of residence in the last 10 years, declaration on fitness and propriety (investigations, dismissals, insolvencies, sanctions), evidence of qualifications and experience, time commitment and conflicts of interest
- For each qualifying holder (10 % or more, direct or indirect): identity, ownership chart up to the ultimate beneficial owners, source of funds for the capital, financial statements (legal persons), fit-and-proper declaration and criminal record
- Description of the IT systems, wallets and key management, and the providers used
- Contracts with outsourcing providers
- Proof of own funds or insurance (Art. 67)
How long it takes
Drafting 8–14 weeks; FSA 25 + 40 working days plus question periods
Law and requirements
- Regulation (EU) 2023/1114 (MiCA) — Title V
- Regulation (EU) 2023/1113 — transfers of crypto-assets
- Money Laundering and Terrorist Financing Prevention Act
General information about our service, not legal advice.
Cost and time at a glance
| Our fee | from €19,500 — the fee for the standard scope, paid when you order |
|---|---|
| Fee of the authority | paid by you to the authority, not part of our fee:
|
| Our drafting | usually 8–14 weeks, depending on how complete your information is |
| Time of the authority | FSA 25 + 40 working days plus question periods — the authority's own term, which we do not control |
| Decision | made by the authority alone; no outcome is promised |
How a Class 1 CASP application proceeds
Confirming that Class 1 fits
You: You tell us which services you will offer: advice, transfer, reception and transmission of orders, or placing of crypto-assets.
We: We confirm that these stay within Class 1 and involve no custody, exchange or trading platform.
Order on the crypto licensing page
You: You order the Class 1 application on the crypto licensing page and pay our fee for the standard scope.
We: We carry out due diligence on your company and its owners before any drafting starts.
Company, capital and people
You: You provide the Class 1 minimum capital, a registered office in Estonia and fit and proper managers.
We: We list the evidence of capital, office and management that the file needs from you.
Programme of operations and policies
You: You describe how orders, advice or transfers will actually be handled for clients.
We: We write the programme of operations and the governance, ICT, AML and conflict-of-interest documents for a business without custody.
The application is submitted
You: You sign the Class 1 application.
We: We submit it to Finantsinspektsioon and follow the completeness check.
Questions on the business model
You: You help answer what the supervisor asks about your advisory, transfer or order-handling model.
We: We draft each reply and keep the correspondence in one written record.
Finantsinspektsioon decides
You: You receive the authority's decision on the Class 1 authorisation.
We: We cannot promise it: Finantsinspektsioon, the Estonian Financial Supervision Authority, alone grants or refuses a Class 1 authorisation.
Questions and answers
EU MiCA CASP authorisation: what does it cost?
From €19,500, excluding VAT. State fees and the fees of the supervisory authority are not included in the price; you pay them yourself.
EU MiCA CASP authorisation: who is it for?
Crypto businesses that will serve clients in the EU under MiCA.
EU MiCA CASP authorisation: how long does it take?
Drafting 8–14 weeks; FSA 25 + 40 working days plus question periods
What is not included in the price?
State fees and the regulatory capital; Third-party ICT and audit costs.
Who makes the decision?
Finantsinspektsioon decides.
Related services and add-ons
- Travel Rule set-up (Regulation (EU) 2023/1113) — from €3,900
- Security and key management procedure — from €3,200
- Cross-border services notification (MiCA Article 65) — €1,950
- Ongoing MiCA compliance support — from €600 / month
- AML/CFT internal rules, risk assessment and procedures for a crypto-asset service provider — from €3,200
Part of
Order: EU MiCA CASP authorisation · from €19,500 See it in the price list