# Virtual Asset Service Provider Licence / Registration (Wallet Provider, Exchange, Broking, Investment Provider) under the Virtual Asset Service Providers Act 2024 (Seychelles)

Source page: https://protegra.io/licensing/licences/vasp/seychelles/

The Virtual Asset Service Provider Licence / Registration (Wallet Provider, Exchange, Broking, Investment Provider) under the Virtual Asset Service Providers Act 2024 is issued by Financial Services Authority (Seychelles) (FSA) under Virtual Asset Service Providers Act, 2024. The official register lists 9 current holders. The application fee is SCR 75,000 (licence application); SCR 22,500 (registration application). Ownership changes need the regulator's approval before completion.

## At a glance

| Official name | Virtual Asset Service Provider Licence / Registration (Wallet Provider, Exchange, Broking, Investment Provider) under the Virtual Asset Service Providers Act 2024 [1] |
| --- | --- |
| Issued by | [Financial Services Authority (Seychelles)](https://protegra.io/licensing/regulators/fsa-seychelles/) |
| Jurisdiction | [Seychelles](https://protegra.io/licensing/jurisdictions/seychelles/) |
| Licence family | [Virtual asset service provider (non-MiCA)](https://protegra.io/licensing/licences/vasp/) |
| Legal basis | Virtual Asset Service Providers Act, 2024 [2] |
| Passporting | Domestic only |
| Application fee | SCR 75,000 (licence application); SCR 22,500 (registration application) [1] |
| Annual fee | SCR 75,000 base fee, plus an activity fee per licensed category: SCR 300,000 (Virtual Asset Wallet Provider), SCR 375,000 (Virtual Asset Exchange), SCR 150,000 (Virtual Asset Broking), SCR 75,000 (Virtual Asset Investment Provider); fees for multiple activities are additive [1] |
| Public register | [official register](https://fsaseychelles.sc/vasp/licensed-vasps) [3] |
| Current holders | 9 [3] |

## What it lets you do

- [Virtual asset exchange (FATF)](https://protegra.io/licensing/activities/vasp-exchange/)
- [Virtual asset transfer (FATF)](https://protegra.io/licensing/activities/vasp-transfer/)
- [Virtual asset safekeeping (FATF)](https://protegra.io/licensing/activities/vasp-custody/)

- **Virtual asset exchange (FATF).** Exchanging virtual assets for fiat currency or for other virtual assets as a business, as defined in the FATF glossary.
- **Virtual asset transfer (FATF).** Conducting transactions that move virtual assets between addresses or accounts on behalf of another person.
- **Virtual asset safekeeping (FATF).** Safekeeping or administering virtual assets, or instruments enabling control over them, for another person.

## Where it is valid

_Valid in Seychelles._

## Cost

_Regulatory costs from the official sources above. Professional fees, staff, office and audit come on top and depend on the business model._

## Buying a company that already holds it

**.**

## Sources

1. [fsaseychelles.sc: faqs](https://fsaseychelles.sc/vasp/faqs): retrieved 2026-09-24
2. [fsaseychelles.sc: legal framework](https://fsaseychelles.sc/vasp/legal-framework): retrieved 2026-09-24
3. [fsaseychelles.sc: licensed vasps](https://fsaseychelles.sc/vasp/licensed-vasps): retrieved 2026-09-24

Last verified 2026-09-24 · Author: Danil Marmysh · Reviewed by Anastasia Sidorenkova · © Protegra. Data: CC BY 4.0, cite "Protegra Licensing Atlas". Not legal advice.