Please tell us whether it is complicated and how much money should be allocated

Dear community, please share what the most important thing to know is before starting the process of obtaining a cryptocurrency exchange license in the United Kingdom. Please tell us whether it is complicated and how much money should be allocated. I will be grateful for your feedback!

You should know that you must register a company in the country, have a physical office, and keep records of all transactions. In fact, the list of requirements is quite long. A quality guide is the best way to go about this. Does anyone have one?

I know that the registration fee is 10,000 GBP if your company is large and has a turnover of more than 250,000 pounds, and if it is less, the cost will be much lower.

You should be aware of the legislation, the FCA requirements, and the country's tax regime. Because of this law firm https://prifinance.com/en/cryptocurrency-license/ , it was much easier for me, and I was able to prepare for the registration of a crypto company. Here is everything necessary about this jurisdiction and not only. I hope this is exactly what you need!