Business & Compliance

Name

Business & Compliance

Legal name

Business & Compliance

Website

https://crypto-audit.ee

Company type

Private

Founded year

2020

Operating status

Operating

Ownership category

akta.pro rank

Product category

Cryptocurrency Compliance and Audit Services

NAICS

Offices of Certified Public Accountants (541211), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121)

SIC

Finance Services (6199)

akta.pro primary industry

Regulatory Compliance Advisory (BPAHAFAB)

akta.pro secondary industries

Regulatory Reporting, Travel Rule & Recordkeeping (Crypto) (FSADALAI), Tax Advisory & Compliance (BPAHABAB), Financial Crime Compliance Program Management (Policies, Controls, Training) (FSAMAMAH)

Keywords

• Crypto financial audit
• VASP compliance services
• AML/CFT consultancy
• Cryptocurrency accounting
• Regulatory audit Estonia

Headquarters

HQ city

Harju

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Financial Audit Services: Mandatory annual financial audits for Estonian VASPs conducted by certified Estonian auditors, ensuring compliance with corporate and AML regulations.
2. AML/CFT Compliance Services: Expert guidance on AML/CFT regulatory requirements, including compliance health checks and reviews to identify risks and ensure regulatory adherence.
3. Cryptocurrency Accounting & Tax Strategy: Professional accounting and tax solutions tailored for cryptocurrency transactions, ensuring compliance with regulatory requirements and tax efficiency.
4. Regulatory Own Funds Reporting: Assistance in preparing and auditing the Annual Own Funds Report in accordance with Estonia's AML requirements.
5. Bookkeeping & Payroll: Clear and transparent financial record maintenance services for crypto businesses.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Business & Compliance is a professional services firm that delivers mandatory annual financial audits, AML/CFT compliance consulting, cryptocurrency accounting and tax strategy, Own Funds Reporting, and bookkeeping and payroll services for licensed Virtual Asset Service Providers (VASPs) operating in Estonia. Engagements are led by a certified Estonian auditor and supported by accountants and compliance professionals specializing in the cryptocurrency and blockchain sector.

Product overview

Business & Compliance is a professional services firm offering a portfolio of specialized services for licensed Virtual Asset Service Providers (VASPs) in Estonia. The company's offering consists of five core service areas: AML/CFT Consultancy & Compliance Health Checks and Reviews, Bookkeeping & Payroll, Cryptocurrency Accounting & Tax Strategy, Regulatory Own Funds Reporting for Estonian VASPs, and Mandatory Annual Audit for Estonian VASPs. These services work together to provide comprehensive regulatory compliance, financial accuracy, and asset security for crypto businesses operating in Estonia's regulated market.

Differentiator

Problem solved

Functional benefit

Products and services

• Mandatory Annual Audit for Estonian VASPs Comprehensive assistance with the mandatory audit of the Annual Report, ensuring full compliance with Estonia's corporate and AML regulations for licensed Virtual Asset Service Providers.
• AML/CFT Consultancy and Compliance Health Checks and Reviews Expert guidance on Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) regulatory requirements, including comprehensive compliance health checks and reviews to identify risks and ensure regulatory adherence for VASPs.
• Cryptocurrency Accounting and Tax Strategy Professional accounting and tax solutions tailored for cryptocurrency transactions, applying International Accounting Standards (IAS 2 Inventories and IAS 38 Intangible Assets) to ensure compliance with regulatory requirements and improve tax efficiency.
• Regulatory Own Funds Reporting for Estonian VASPs Assistance in preparing and auditing the Annual Own Funds Report in accordance with Estonia's AML requirements, demonstrating compliance with minimum capital requirements set by the Estonian Financial Intelligence Unit (FIU).
• Bookkeeping and Payroll Clear and transparent financial record maintenance and payroll services for cryptocurrency businesses operating in Estonia.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves3 records

Expansion highlights2 records

Emerging players

• Lukka: Crypto-native data, accounting, and audit software used by crypto companies and their auditors for fund accounting and regulatory reporting. Comparable as an enabler of crypto audit workflows, but competes as a software vendor rather than delivering the audit itself.
• Chainalysis: Blockchain data platform serving crypto businesses, regulators, and financial institutions with compliance and investigation tools. Comparable in the crypto compliance ecosystem, but positioned as a software/analytics vendor rather than an audit firm.
• TRM Labs: Blockchain intelligence platform providing AML, fraud detection, and compliance tools for crypto businesses and regulators. Comparable in serving the VASP compliance stack, but as a technology vendor rather than a professional audit services provider.
• ZenLedger: Crypto tax, accounting, and portfolio tracking platform serving individuals and crypto businesses. Comparable in providing crypto accounting and tax reporting capabilities, but positioned as a software tool rather than a licensed audit firm.
• Crystal Blockchain: Blockchain analytics and compliance tool serving VASPs, regulators, and financial institutions with AML and forensic capabilities. Comparable in the crypto regulatory compliance ecosystem, but as analytics software rather than professional audit services.
• Elliptic: Blockchain analytics and crypto compliance platform providing AML/KYC and transaction monitoring tools used by VASPs and regulators. Comparable as part of the crypto compliance value chain, but offers technology/analytics rather than audit professional services.

Broad incumbents

• Mazars: International audit and advisory firm with crypto and digital asset service lines, including work for VASPs and blockchain companies in Europe. Comparable in that it offers crypto-aware audit and compliance services, but competes from a full-service firm foundation rather than a single-country crypto-exclusive niche.
• BDO Global: Global mid-tier audit and advisory network with established crypto and digital asset assurance practices serving European fintech and VASP clients. Comparable as an audit services provider with crypto specialization, but operates as a broad professional services incumbent rather than a focused crypto niche.
• KPMG Crypto Assets Services: Big Four firm with dedicated crypto asset audit, tax, and advisory practices, including support for VASPs and digital asset service providers across the EU. Comparable in serving crypto compliance and audit needs, but operates at global scale with a much broader portfolio.

Regional players

• CoinTracking: Crypto portfolio tracking and tax reporting tool popular among European crypto investors and small businesses. Comparable in addressing crypto accounting and tax compliance needs, but operates as transaction software rather than licensed audit services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Business & Compliance