Crypto License in the Czech Republic
Launch your crypto business in the Czech Republic with ease. Our team streamlines the entire process of obtaining a crypto license in the Czech Republic, from company formation to full regulatory compliance.
We’ll make sure you meet both local and EU standards, making your crypto venture fully operational without unnecessary delays. Let us handle the complexities while you focus on your business only.
Benefits of Obtaining a Crypto License
in the Czech Republic
Securing a crypto license in the Czech Republic provides numerous advantages for your business. From legal protection to EU market access, a license strengthens your credibility, compliance, and growth potential.
Access to the European Union Market
Similarly to Slovakia crypto license or a crypto license in Poland, a Czech crypto license allows you to operate within the EU. This way, you can expanding your reach and customer base while benefiting from regulatory harmonization across member states. With fewer restrictions on cross-border transactions, your business gains a competitive edge in the European market.
Enhanced Business Credibility and Trust
Holding a recognized license increases your reputation, making your business more attractive to investors, partners, and customers who value regulatory compliance. Licensed entities are perceived as more reliable and secure - which can drive higher customer engagement and trust.
Favorable Regulatory Environment
The Czech Republic offers clear and business-friendly crypto regulations, ensuring a stable framework for launching and operating your cryptocurrency services. Compared to many other jurisdictions, it provides a balanced approach that supports innovation while maintaining regulatory oversight.
Legal Protection for Crypto Operations
A regulated business enjoys stronger legal protection, reducing the risk of operational disruptions while ensuring compliance with EU and Czech financial laws. This minimizes the risk of penalties and unexpected legal challenges, allowing you to focus on growth and development. Naturally, we provide full legal support in this regard.
Opportunities for Business Growth and Expansion
With an EU crypto license, you can unlock new business opportunities, form strategic partnerships, and scale your services across international markets. Many financial institutions and payment providers prefer to work with licensed companies, opening doors to additional revenue streams.
Streamlined Licensing and Compliance Processes
The Czech licensing process is efficient and transparent, allowing businesses to secure regulatory approval with minimal delays and operational downtime. With the right guidance, you can navigate compliance requirements smoothly, ensuring a fast and hassle-free licensing experience.
Regulatory Oversight
Currently, the Financial Analytical Office (Finanční analytický úřad, FAU) oversees crypto companies in the Czech Republic.
- However, from March 2025, regulatory authority will transition to the Czech National Bank (Česká národní banka). This change is expected to enhance regulatory scrutiny and compliance requirements, aligning the Czech Republic with broader European financial and cryptocurrency regulations, including MiCA and DORA.
MiCA, DORA and Local Legislation and Directives
By fulfilling these requirements and adhering to relevant laws and regulations, your crypto business in the Czech Republic will be well-prepared for successful and compliant operations.
- The primary legislation governing virtual currency businesses in the Czech Republic is Act No. 253/2008 Coll. on selected measures against money laundering and terrorist financing.
- Additionally, European Union directives such as the MiCA (Markets in Crypto-Assets) and DORA (Digital Operational Resilience Act) apply to crypto-asset markets and digital financial services.
- These regulations ensure that your business complies with EU standards, fostering trust and stability in the market.
Customer Reviews Of Our Czech
Republic Crypto License Assistance
See what our satisfied customers have to say about our guidance and support throughout the Czech crypto licensing process. Their success stories speak to our commitment to helping businesses thrive.
We've been working with Samson Solutions for several years now. They’ve been handling our accounting and AML compliance while also managing communication with government authorities. This support has streamlined our operations significantly. Their attention to administrative and legal matters gives us peace of mind, knowing our business is in safe hands. Special thanks to their team for helping us with MSB registration in Canada — everything went smoothly because of their expertise. Samson Solutions is a partner we know we can trust.
The Samson Solutions team provided invaluable support in registering our company and obtaining a cryptocurrency license. They also helped draft policies and found a suitable office for us. Every step was completed quickly and professionally, allowing us to focus on growing our project. We truly appreciate their flexibility and attention to detail, and we look forward to continuing our collaboration in the future.
Working with Samson Solutions has taken a lot of administrative pressure off our shoulders. They manage our accounting and oversee our AML obligations with a high level of reliability and consistency. One thing I really appreciate is their responsiveness, especially when it comes to resolving issues quickly. They also helped us find the right office space, which made a huge difference. Samson Solutions aren’t just service providers; they’re partners we can count on no matter what.
Samson Solutions has provided invaluable support in managing the accounting for our cryptocurrency activities. Their legal consultations are always accurate and timely, helping us stay compliant with regulations. We are now preparing for MiCA relicensing, and we’re fully confident that with their help, everything will go smoothly. This is truly a team of professionals who understand the specifics of the cryptocurrency market.
Samson Solutions are true professionals. We worked with them to update our AML/KYC policies, and they showed a deep understanding of the regulatory requirements for crypto companies. As one of the few players in the market managing crypto accounting, they really grasp the specifics of our business. They handle everything quickly and efficiently, and the accounting is always precise and on time. It's great to have such reliable partners in a fast-paced industry like crypto. Highly recommend!
I had an exceptional experience with Samson Solutions. Their guidance and support for my company registration in the Czech Republic were truly invaluable. Their consultant, demonstrated extensive knowledge and professionalism. I would highly recommend Samson Solutions for anyone looking to establish their business in Europe.
I am extremely satisfied with the services provided by Samson Solutions for registering cryptocurrency wallets in the Czech Republic. Their team, led by Mr. Daniil Samsonov, exhibited exceptional expertise in the crypto licence. They made the entire process seamless and efficient. I highly recommend Samson Solutions to anyone seeking assistance with cryptocurrency-related services.
The company met my expectations. Professional delivery on time and courteous service are really important aspects of such companies.
MiCA-Compliant Licensing in the Czech Republic – A Turnkey Solution A Turnkey Solution
Obtain your crypto license in full compliance with MiCA and DORA regulations. Our end-to-end package ensures seamless approval and operational readiness.
What’s Included?
Comprehensive Pre-Licensing Audit
- Business model assessment to meet MiCA compliance.
- Internal documentation review & preparation (AML, cybersecurity, risk management).
- Guidance on third-party IT, compliance, and KYC providers.
- Full checklist of required documents for licensing.
Document Preparation & Submission
- Fully compliant business plan development (organizational structure, financials, market analysis).
- AML, privacy, and cybersecurity policies aligned with MiCA standards.
- Strategic hiring support for key compliance personnel.
- EU office setup assistance for regulatory compliance.
Licensing Application & Regulatory Coordination
- Submission of application & communication with the Czech National Bank.
- Handling regulatory inquiries and additional document requests.
- Support for post-approval compliance requirements.
DORA Compliance & IT Security
- Integration of 27 operational resilience policies for cybersecurity & risk control.
- Full IT audit ensuring compliance with European cybersecurity regulations.
- Third-party risk assessment & monitoring (IT and KYC providers).
- Crisis management & incident response framework setup.
Navigating the crypto licensing process in the Czech Republic doesn’t have to be complicated.
Secure your license efficiently while staying fully compliant with local and EU regulations. Avoid delays and unnecessary obstacles - partner with us for a seamless experience.
Advantages of operating in the Czech Republic
Comfortable market entry, no MLRO, directors, or structure requirements. No reporting on activities, fully remote operation (until MiCA comes into force), and no requirement for share capital.
The Czech Republic is actively adapting to the cryptocurrency ecosystem in an effort to create a favorable environment for innovative blockchain-based businesses while mitigating potential risks associated with the use of cryptocurrencies.
Remote control
All declarations are submitted electronically and do not require your personal presence.
Setting up a company in 2 weeks
It is quick and easy to open a business in the Czech Republic. The minimum share capital - only 1 CZK.
Low and transparent taxes
Czech Republic crypto tax is 0% tax on retained earnings. 19% income tax for legal entities. Double taxation treaties with more than 60 countries.
Favorable business climate
Fast and transparent communication with public authorities, subsidies and incentives for small and medium-sized businesses.
Access to European markets
Expansion of geography of your sales and services, boost your turnover, growth of your operations, opening of new branches and offices.
Czech Republic Crypto License Register & Application Process
Starting a crypto business in the Czech Republic involves several essential steps to ensure compliance and a successful launch. Our team will be guiding you through each stage.
Step 1
Company Formation
The journey to obtaining a Czech crypto license begins with establishing a legal entity in the Czech Republic. This can be done either in person or remotely through a power of attorney, making the process flexible and convenient.
Step 2
License Application
After company registration, you’ll need to notify the Czech authorities of your intention to offer cryptocurrency exchange or storage services. This involves submitting the necessary application to the Trade Licensing Register. We ensure your application is complete and accurate, minimizing delays and complications.
Step 3
Notification to the Regulatory Authority
Before starting operations, your crypto company must appoint a contact person for direct communication with the regulatory authority and designate an AML officer (MLRO) to monitor suspicious transactions.
The Financial Analytical Unit (FAU) must be informed in writing about the contact person and MLRO, including their contact details. These roles can be held by the same person, even if they are a resident of a foreign country.
Step 4
Preparing the Infrastructure
To operate a successful crypto business, setting up a robust infrastructure is essential. This includes opening a business account with a bank or payment system (SWIFT, SEPA), creating a corporate account on a cryptocurrency exchange, setting up automated accounting for transactions, and ensuring secure data storage for client and transaction information.
Although we support the account opening process, we do not guarantee its approval. Nevertheless, our subsequent accounting services in the Czech Republic help you build a reliable infrastructure that meets all operational requirements.
Key Requirements for Obtaining a
Crypto License in the Czech Republic
To start a crypto business in the Czech Republic, several straightforward requirements must be met. Here’s what you need to do:
Prepare KYC (Know Your Customer) Documents
Before commencing operations, you must collect and organize all necessary identification documents to comply with KYC regulations.
This involves verifying the identities of clients and assessing potential risks associated with illegal activities. Proper KYC procedures help ensure compliance with anti-money laundering laws and protect your business from financial crimes.
Register a Limited Liability Company (s.r.o.)
Company registration in the Czech Republic is mandatory for obtaining a crypto license in the country. You’ll need to register an s.r.o. (společnost s ručením omezeným) through a notary.
This involves drafting the company’s Articles of Association, appointing directors, and depositing the minimum share capital. By forming an s.r.o., you create a legal foundation for conducting cryptocurrency-related activities in compliance with Czech law.
Obtain VASP Authorization
After registering your company, you must obtain authorization as a Virtual Asset Service Provider (VASP) in the Commercial Register. This step legally permits your business to provide cryptocurrency exchange or storage services.
Securing VASP authorization ensures that your operations are fully compliant with local regulations, giving your customers and partners confidence in the legitimacy of your services.
Submit Internal AML Policies and Procedures
To operate a crypto business in the Czech Republic, you must develop and implement comprehensive Anti-Money Laundering (AML) policies and procedures. These internal controls help identify and prevent suspicious transactions, reducing the risk of financial crimes.
Having a robust AML framework not only ensures regulatory compliance but also safeguards your company’s reputation and integrity. In this regard, we also provide a comprehensive AML consulting.
Regulatory Oversight
Currently, the Financial Analytical Office (Finanční analytický úřad, FAU) oversees crypto companies in the Czech Republic. However, from March 2025, regulatory authority will transition to the Czech National Bank (Česká národní banka).
This change is expected to enhance regulatory scrutiny and compliance requirements, aligning the Czech Republic with broader European financial regulations.
Relevant Legislation and Directives
The primary legislation governing virtual currency businesses in the Czech Republic is Act No. 253/2008 Coll. on selected measures against money laundering and terrorist financing.
Additionally, European Union directives such as the MiCA (Markets in Crypto-Assets) and DORA (Digital Operational Resilience Act) apply to crypto-asset markets and digital financial services. These regulations ensure that your business complies with EU standards, fostering trust and stability in the market.
FAQ - Czech Republic Crypto License
What types of crypto licenses are available in the Czech Republic?
How long does it take to get a license?
What is the cost to obtain a crypto exchange license in the Czech Republic?
Can foreigners open a crypto business in the Czech Republic?
What is a VASP license, and why is it important for crypto businesses in the Czech Republic?
What specific policies should a crypto wallet service have in place in the Czech Republic?
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