FIU-IND registration, run end to end.
If your platform touches virtual digital assets for Indian users, you are a reporting entity under the PMLA. We run the registration, build the AML programme that follows it, and model the 30% VDA tax and 1% TDS into the business before they surprise you.
FIU-IND registration is an AML registration under the Prevention of Money Laundering Act, not a licence, and it binds any VDA service provider serving Indian users, including offshore platforms. The registration itself is the smallest part of the work. What decides whether you stay compliant is the programme behind it: KYC and AML that operate, a Principal Officer and Designated Director who know their obligations, reporting that files on time, and a tax model that priced in the 30% and the 1% TDS from the start.
What the work covers
- The perimeter test. Whether your activity is caught at all, applied to what the platform actually does rather than what it calls itself. The full analysis is on the site: who must register, and what follows.
- The registration. The reporting-entity application prepared and filed, with the entity, officers and documentation in the shape FIU-IND expects.
- The AML programme. KYC, monitoring, suspicious and prescribed transaction reporting, Travel Rule handling and record-keeping, built to run at your actual volumes.
- Officers and governance. Principal Officer and Designated Director obligations set up properly, because those are personal, named roles, not letterhead.
- The tax picture alongside. The 30% VDA tax, the 1% TDS and the reporting calendar modelled into the product economics, and readiness for the CARF-aligned crypto-asset reporting that begins with 2026 data.
How the engagement runs
Fixed scope for the perimeter test and the registration, so you know the boundary before committing. The AML programme is built as a project and can be maintained on a monthly retainer, which is how most registered platforms run it. Everything starts with a free discovery call.
Frequently asked questions
Who has to register with FIU-IND?
Any entity carrying on the notified virtual digital asset activities for Indian users is a reporting entity under the Prevention of Money Laundering Act, following the March 2023 notification. That includes exchanges, custodians and platforms whose safekeeping or administration extends to instruments enabling control over VDAs, and it applies to offshore platforms serving Indian users, not only Indian companies.
Is FIU-IND registration a licence?
No, and the distinction matters. It is an anti-money-laundering registration as a reporting entity, not a product approval or a licence to operate. It does not certify your product; it obligates your compliance. The obligations that follow registration are the real work: the AML programme, reporting, and record-keeping.
What obligations follow registration?
A KYC and AML programme that actually operates, a Principal Officer and Designated Director notified to FIU-IND, suspicious and prescribed transaction reporting, Travel Rule information on transfers, and records kept for the statutory period. From 2027, crypto-asset reporting under the CARF-aligned framework adds annual information filings for reporting service providers.
What happens if a platform serves Indian users without registering?
FIU-IND has issued compliance orders against offshore platforms and has had unregistered platforms' URLs blocked. Registration has also become the practical gate for banking and payment relationships in India. The perimeter is enforced, and the list of registered providers is public.
Serving Indian users, or about to?
Tell us what the platform does and where it is incorporated. We will tell you whether the PMLA catches it, what registration involves for your setup, and what the compliance programme costs you in practice, before anything is filed.
Further reading
FIU-IND registration for crypto businesses in India: who must register, and what follows · The FIU-IND registration checklist · Licensing beyond India: MiCA vs VARA
This page is general information about the service, not legal advice for your specific platform. Whether an activity is caught, and what registration requires, depends on your facts, and the framework continues to evolve. Scope is confirmed on the discovery call.