Question 1

How long does a CASP license take in Portugal?

Accepted Answer

Portugal typical CASP authorization timeline: 6–9 months typical processing time. This covers the NCA review period once the application is declared complete. Preparation time is separate and can be reduced to 4–8 weeks using Micahub.

Question 2

How much does a CASP license cost in Portugal?

Accepted Answer

Indicative NCA fees in Portugal: €10,000–€50,000. Total cost includes legal and document preparation, which can be reduced by 60–80% using Micahub's automated application platform. Traditional consulting typically costs €150,000–€500,000.

Question 3

Which regulator oversees CASP licenses in Portugal?

Accepted Answer

The National Competent Authority for MiCA CASP authorization in Portugal is CMVM (Comissão do Mercado de Valores Mobiliários). Applications are submitted to CMVM, which reviews and issues the authorization. A Portugal CASP license provides EU passporting rights across all 30 EEA member states.