VASP activity scope
Usually includes exchange (fiat/crypto and crypto/crypto), transfer services, custody/administration of virtual assets, and related financial services linked to issuance/sale models where applicable.
OFFSHORE • CRYPTO LICENSING
British Virgin Islands: VASP Registration Route
Build a compliant BVI pathway for virtual-asset operations. We support company formation, VASP registration workflow preparation, and a production-ready compliance framework covering AML/KYC and data protection controls.
VASP Act effective: 1 Feb 2023
FSC is the supervising authority
Private scoped pricing model
General information only; not legal, tax, or regulatory advice.
Regulatory snapshot
Most projects begin with activity classification and compliance memo scope, then move into incorporation + VASP workflow preparation and framework implementation.
FSC supervision model
The framework covers application/approval requirements, ongoing reporting obligations, and operational safeguards for registered VASPs.
Control expectations
Practical readiness typically includes AML/CFT controls, approved auditor planning, client-asset protection measures, and representative role coverage where required.
What’s typically included
Core workstreams we deploy for BVI VASP readiness and launch.
Formation & registration prep
- Legal memorandum and applicability analysis
- New company incorporation support
- VASP registration workflow planning and documentation
- Governance and operating-model alignment
Compliance framework stack
- AML policy and procedure framework
- KYC / onboarding controls architecture
- Data protection policy framework
- Operational readiness evidence pack
Engagement options
Pricing is kept private due to scope variance (service model, controls depth, and implementation track).
Scoping Call
30-minute scoping to map activity type, service mix, target markets, and compliance depth.
Roadmap delivery: 3–5 business days
BVI VASP Foundation Build
Private quote
- Activity and service classification
- Incorporation workflow support
- VASP registration prep track
- AML/KYC and data protection framework
- Launch readiness checklist
Best for teams launching core virtual-asset services in BVI.
Foundation + Operations Readiness
Private quote
- Everything in Package A
- Enhanced governance + role mapping support
- Monitoring and reporting operating design
- Operational controls implementation sequence
- Post-launch compliance support planning
Best for teams with broader service scope and stronger internal-controls needs.
Implementation timeline
A practical sequence used for most BVI VASP engagements.
1
Scope mapping
Classify your activities and confirm target registration/compliance pathway.
2
Entity & legal structuring
Set company structure, governance ownership, and legal/compliance documentation track.
3
Framework implementation
Deploy AML/KYC, data protection, and internal operating procedures for readiness.
4
Launch readiness
Finalize registration workflow support and operational evidence pack for go-live.
Core compliance building blocks
What we typically structure for production-grade operations.
Governance & accountability
Defined ownership, escalation pathways, and documented program governance.
KYC & onboarding controls
Risk-based onboarding design and enhanced due-diligence pathways where needed.
Monitoring & reporting logic
Alert-handling standards, case workflows, and records/reporting readiness.
Operational role coverage
Support planning for representative, compliance, and local office/contact elements as required by structure and operating model.
FAQ
Quick answers for founders evaluating the BVI route.
Which virtual-asset activities can this pathway cover?
Typically exchange services, transfer-related activity, custody/admin functions, and related financial services tied to virtual assets (subject to model review).
Can non-resident founders use this route?
Yes. Many engagements are structured for international founders, depending on final operating and governance design.
Are monthly operational services part of the model?
They can be. Scope depends on service type and structure; this is mapped in the initial roadmap.
Why is pricing private?
Scope varies materially by service mix, controls depth, and launch timeline, so pricing is provided after a short scoping phase.
Ready to launch your BVI VASP route?
Send your target services and markets, and we’ll respond with a private roadmap and next-step plan.