Seychelles Crypto License Cost 2026: Complete Breakdown of All Fees
- Azim Shamuhammedov
- 15 hours ago
- 3 min read
Seychelles remains one of the most cost-efficient jurisdictions for obtaining a regulated crypto license. Whether you're launching a crypto exchange, OTC desk, brokerage or custody provider, Seychelles offers a clear and affordable licensing path compared to the EU, Singapore, or Dubai.
This article provides an in-depth breakdown of every cost involved in licensing and maintaining a crypto company in Seychelles in 2026.
Why Seychelles Has the Lowest Cost-to-Regulation Ratio
Seychelles offers a highly attractive balance of:
Low setup and maintenance fees
Fast licensing timelines
Minimal local substance requirements
No corporate tax on non-domestic income
Clear FSA oversight without overregulation
Unlike Mauritius or Dubai, Seychelles does not impose heavy capital requirements or strict staffing rules, significantly reducing ongoing expenses.
One-Time Setup Costs for a Seychelles Crypto License
Here’s the detailed cost structure founders should expect in 2026.
Company Incorporation (IBC Setup): $2,500 - $3,500
This includes:
Seychelles IBC formation
Registered agent fees
Government registration charges
Corporate documentation
FSA Government Licensing Fees: $2,500–$4,500
The Financial Services Authority charges an application fee + licensing fee depending on your applied crypto activity:
Exchange
OTC
Brokerage
Custody
Token issuance
Fees are predictable, making budget planning straightforward.
AML/CFT Documentation & Compliance Pack: $8,000–$15,000
This is usually the largest initial cost and the most important part of the licensing submission.
Deliverables include:
AML/CFT Manual
Risk Assessment
Compliance Procedures
Governance Policies
KYC/EDD workflows
Transaction monitoring framework
Business model outline
These need to be Seychelles-specific; generic templates get rejected or trigger long Q&A rounds.
Technical & IT Documentation: $2,000–$5,000 (model-dependent)
Depending on your activities, you may require:
IT & cybersecurity policies
Wallet infrastructure documentation
Incident response plan
Business continuity plan (BCP/DRP)
System architecture descriptions
MLRO Outsourcing (Optional): $3,000–$7,000 annually
If you choose to outsource the MLRO function, expect fees based on:
Transaction volume
Risk profile
Number of users
Operational complexity
This cost can be part of both setup and ongoing maintenance.
Recurring Annual Costs for a Seychelles Crypto License
Once licensed, maintenance costs remain manageable compared to other jurisdictions.
Annual License Renewal: $3,000–$6,000
Paid to the FSA, varies by VASP category.
Registered Agent + Local Office: $1,000–$1,500 per year
Every Seychelles entity must have:
A local registered agent
A registered address
This is mandatory for regulatory compliance.
Ongoing AML/CFT Compliance: $2,000–$5,000
Includes:
Yearly AML review
Compliance updates
Ongoing transaction monitoring
Staff training
Reporting requirements
If MLRO is outsourced, add the annual cost mentioned above.
Optional Costs (If Operating an crypto exchange or OTC Desk)
Depending on your model, additional costs may apply:
Enhanced Wallet Security Measures
$1,500–$5,000 depending on infrastructure.
Technical Integrations (API, liquidity, KYC providers)
$500–$3,000/month depending on vendors.
Penetration Testing & Cyber Audits
$2,000–$10,000 annually (required for exchanges and custodians).
Total Seychelles Crypto License Cost Summary (2026)
Here is a consolidated view of expected expenses:
Setup Cost Range:
$12,000 – $25,000+
Annual Operating Cost Range:
$6,000 – $12,000+
These cost ranges make Seychelles one of the most affordable regulated options globally, especially for early-stage crypto projects.
Why Cost Efficiency Doesn’t Mean Low Quality Regulation
Despite its affordability, Seychelles maintains a strong compliance framework aligned with FATF expectations.
FSA prioritises:
AML/CFT controls
IT security
Wallet governance
Fit-and-proper directors
Transparent business models
This combination of low cost + credible oversight is rare and gives Seychelles a competitive advantage.
How Consultrio Helps Reduce Licensing Costs and Timeframes
Consultrio’s licensing model minimises unnecessary expenses by:
Eliminating avoidable Q&A rounds
Preparing regulator-level documentation from day one
Optimising your group structure
Advising on tech stack and operational readiness
Connecting you with crypto-friendly banks and EMIs
Outsourcing compliance functions when cost-effective
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