Australia Austrac (crypto + payment license)

Key Benefits

Operate legally within Australia’s highly regulated financial services environment, benefiting from strong credibility and strict regulatory oversight. This license is well suited for businesses planning to expand locally and internationally, particularly those that prioritize robust AML/CTF compliance standards.

Application Details

• Application Type: New application from scratch

• Estimated Timeline: Approximately 3–5 months

Pricing

• License Application Cost:
  ~USD 35,000 (can be as low as USD 30,000 if you have an Australian entity for applying the license)

• Total Package Price: USD 35,000

Ongoing Requirements

• One local director based in Australia

• One local compliance officer

• One local office

• Estimated Ongoing Maintenance Cost: ~USD 2,500

Summary

The Australian AUSTRAC license offers excellent value for money and is internationally recognized for its reliability and regulatory strength. Both the licensing and ongoing maintenance costs are relatively affordable, making it a highly recommended option for financial service providers seeking a compliant and reputable jurisdiction.