Mauritius vs Panama for a crypto company: which should you choose
Choosing between Mauritius and Panama for your crypto company means weighing a formal crypto licence against a low-tax corporate structure with no dedicated crypto regulation. CRYPTO LICENSE GUIDE · 2026 Mauritius vs Panama for Crypto licensing across 15+ jurisdictions CONSULTING24.CO Regulatory certainty: Mauritius offers a crypto licence, Panama does not Mauritius has a dedicated regulatory framework for virtual asset service providers (VASPs) under the Financial Services Commission (FSC). Companies must apply for a VASP licence, comply with AML/CFT rules, and meet capital requirements. This provides legal clarity and access to banking relationships, which is valuable for exchanges and custodians. Panama has no specific crypto licence. Crypto businesses typically incorporate a Sociedad Anonima (SA) and operate under general corporate law. While this offers flexibility and lower upfront costs, it also means less regulatory protection and potential difficulty opening bank acco...