Advantages of obtaining a crypto license in the AIFC
Regulatory Clarity
AIFC offers a robust legal framework specifically tailored to accommodate the needs of fintech and cryptocurrency businesses. The regulations are designed to foster innovation while ensuring compliance with international standards.
Tax Benefits
Companies registered in AIFC benefit from a range of tax incentives, including exemptions on corporate income tax, property tax, land tax, etc.
Possibility of 100% foreign participation
In the AIFC there are no restrictions on foreign ownership.
Good positions in the ratings
In a short period of its existence, the AIFC took 1st place among financial centers in the Eastern Europe and Central Asia region according to the Global Financial Centers Index 34 rating (as of 09/28/2023), as well as the first place in this region in the Global Green Finance Index 12 rating (as of 10/26/2023).
Strategic Location & Investments
AIFC is located in Astana, Kazakhstan’s capital, making it an ideal hub for expanding your business footprint. Among all of this, AIFC was able to attract about 11 billion US dollars in investments, which indicates confidence in the AIFC story
International Recognition & FATF
AIFC operates under English common law principles, enhancing its appeal to international investors and partners. Also, In 2023, the AIFC was successfully tested for compliance with international FATF standards.
Moderate costs of business setup
Although the AIFC is not the cheapest jurisdiction in the world, and the business will have to pay certain fees both during the incorporation process and in the future with a certain regularity, the costs will not be so large in comparison, for example, with the UAE or Hong Kong.
Business-friendly ecosystem
The AIFC has created various structures such as Astana Internal Exchange, Tech Hub, Business Connect, Expo Centre, Academy of Law, etc., which help with attracting investments, personnel, solving legal and other issues.
Regulatory Clarity
AIFC offers a robust legal framework specifically tailored to accommodate the needs of fintech and cryptocurrency businesses. The regulations are designed to foster innovation while ensuring compliance with international standards.
Tax Benefits
Companies registered in AIFC benefit from a range of tax incentives, including exemptions on corporate income tax, property tax, land tax, etc.
Possibility of 100% foreign participation
In the AIFC there are no restrictions on foreign ownership.
Good positions in the ratings
In a short period of its existence, the AIFC took 1st place among financial centers in the Eastern Europe and Central Asia region according to the Global Financial Centers Index 34 rating (as of 09/28/2023), as well as the first place in this region in the Global Green Finance Index 12 rating (as of 10/26/2023).
Strategic Location & Investments
AIFC is located in Astana, Kazakhstan’s capital, making it an ideal hub for expanding your business footprint. Among all of this, AIFC was able to attract about 11 billion US dollars in investments, which indicates confidence in the AIFC story
International Recognition & FATF
AIFC operates under English common law principles, enhancing its appeal to international investors and partners. Also, In 2023, the AIFC was successfully tested for compliance with international FATF standards.
Moderate costs of business setup
Although the AIFC is not the cheapest jurisdiction in the world, and the business will have to pay certain fees both during the incorporation process and in the future with a certain regularity, the costs will not be so large in comparison, for example, with the UAE or Hong Kong.
Business-friendly ecosystem
The AIFC has created various structures such as Astana Internal Exchange, Tech Hub, Business Connect, Expo Centre, Academy of Law, etc., which help with attracting investments, personnel, solving legal and other issues.
Which businesses need a cryptocurrency licenses?
The digital asset service providers can obtain one or several crypto licenses depending on the business model. The AIFC provides a long list of possible licenses consisting of more than 20 activities, but the most popular are the following:
