Asia-Pacific ยท FSA Seychelles

Seychelles VASP License

FSA Seychelles VASP registration for offshore crypto exchange, custody, and transfer services โ€” cost-efficient with fast timeline.

Regulator
FSA Seychelles
Type
VASP License
Jurisdiction
Offshore
Last Updated
2026

โ€” Last updated: 2026 ยท 4 min read

What is a Seychelles VASP License?

The FSA Seychelles issues VASP licenses for crypto exchange, transfer, and custody services under the Virtual Asset Service Providers Act. Seychelles is one of the most established offshore jurisdictions for crypto businesses, with FSA regulation providing credibility without the overhead of EU or major APAC jurisdictions.

Permitted Activities

  • โ€ขVirtual asset exchange (VA/VA and VA/Fiat)
  • โ€ขTransfer and remittance of virtual assets
  • โ€ขCustody and safekeeping of virtual assets
  • โ€ขAdministration of virtual asset trading platforms
  • โ€ขInvestment advice related to virtual assets

Key Advantages

  • โœ“Established offshore framework
  • โœ“FSA regulatory oversight
  • โœ“Fast registration timeline
  • โœ“Cost-efficient structure
  • โœ“3% corporate tax
  • โœ“Accepted by many offshore banking and payment partners

Note on FSA Feb 2025 Circular

The FSA's February 2025 Circular confirmed that CFDs on cryptocurrencies are permitted under the Securities Dealer License (a separate authorization from the VASP registration). Firms offering both CFD and spot crypto need to assess which combination of authorizations is appropriate.

Frequently Asked Questions

Yes. The VASP registration covers spot virtual asset exchange, transfer, and custody. The Securities Dealer License (under the Securities Act) covers CFDs on crypto. Firms offering both may need both authorizations.

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Quick Facts

RegulatorFSA Seychelles
TypeVASP License
Tax3%
TimelineFaster than Mauritius
Updated2026

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Disclaimer: This page is for informational purposes only and does not constitute legal or regulatory advice. Requirements, timelines, and fees are subject to change. Always consult directly with the relevant regulatory authority or a qualified professional for the most current information. Zitadelle Advisory Group LTD is not a law firm and does not provide legal representation.