Why choose the Czech Republic for my crypto business?

The Czech Republic offers a favorable regulatory environment, a streamlined application process (2-4 months), cost-effective licensing, access to the EU market, and a thriving crypto community in Prague.

Is cryptocurrency activity legal in the Czech Republic?

Yes, cryptocurrency activities are legal in the Czech Republic, provided you register for a Trade Licence as a Virtual Assets Services Provider (VASP).

How long does the application process typically take?

The typical application process takes around 2-4 months, but we aim to streamline the process and achieve the fastest possible outcome.

Do I need a physical office in the Czech Republic?

No, a physical office is not mandatory, but it is recommended. Having a Czech director and MLRO can demonstrate commitment and improve communication with authorities. We can help with finding office space or connecting with professionals.

Do I need prior experience in the crypto industry?

Prior experience is helpful but not required. The Czech authorities focus more on the qualifications of your team and the strength of your application. We can help build a team that meets regulatory expectations.

Can I reach the whole EU with a Czech crypto licence?

Yes, a Czech crypto licence allows you to offer services across most EU member states, though some countries may have additional notification procedures.

Are there any hidden costs beyond the initial application fees?

There are ongoing costs such as AML/CFT monitoring, audits, annual reporting fees, and staffing. We provide a transparent breakdown of all potential costs.

What kind of technology do I need for a Czech crypto licence?

You’ll need systems for secure customer onboarding, transaction monitoring, KYC/AML procedures, and data security. We can recommend suitable solutions or connect you with trusted providers.

Can I outsource my AML/KYC obligations?

Yes, AML/KYC compliance can be outsourced, and we can introduce you to reputable Czech compliance specialists for ongoing support.

What are my ongoing reporting obligations after obtaining the licence?

Ongoing obligations include regular AML/KYC reporting and audits. We offer ongoing compliance support to help you meet these requirements.

Can you provide ongoing regulatory compliance support after I get the licence?

Yes, we provide ongoing support to ensure your business remains compliant with all regulations.

Is it difficult to find a crypto-friendly bank in the Czech Republic?

Finding a crypto-friendly bank can be challenging, but we have a network of contacts and can introduce you to suitable banks or EMIs, and help set up the necessary infrastructure.

Why choose your company?

We have a proven track record and offer a client-focused, streamlined project management approach. With expertise in global and Czech crypto regulations, we aim to be your long-term compliance partner in the Czech Republic and across Europe.

Can you help with the entire licence application process?

Yes, we manage everything from company formation to licence application, submission, and regulatory communication, guiding you every step of the way.

All Listings

All

Europe

Asia

Others

Location: Global (UAE, Poland, Singapore, China, Australia, Canada, etc.)
Published date: 28.07.2025
Description: Full turnkey group of licensed entities with crypto and broker-dealer infrastructure across multiple jurisdictions

Location: Dubai, UAE
Published date: 25.07.2025
Description: Holds a rare VARA license. Difficult to obtain under current regulations, a rare opportunity in the market

Location: Poland
Published date: 17.07.2025
Description: Clean history, ideal for entering Polish payment services market

Location: Australia
Published date: 16.06.2025
Description: Ready with bank accounts, clean history, fast change

Location: Singapore
Published date: 11.06.2025
Description: Ready with bank account, good standing, full compliant MPI license

Location: Hong Kong
Published date: 24.05.2025
Description: Ready with a bank account; fully compliant license for offering company secretarial, incorporation, and trust services

Location: Vanuatu
Published date: 28.04.2025
Description: Ready with bank account, clean operational history

Location: Mauritius
Published date: 28.04.2025
Description: Local director and audit functions in place, clean operational history

Location: Poland
Published date: 21.04.2025
Description: Clean history, fast change

Location: Hong Kong
Published date: 21.04.2025
Description: Ideal for money exchange and remittance services

Location: Canada
Published date: 08.04.2025
Description: Clean history, quick changes

Location: Canada
Published date: 03.04.2025
Description: Clean history, quick changes

Location: Mauritius
Published date: 20.03.2025
Description: Local director and audit functions in place, clean operational history

Location: Vanuatu
Published date: 20.03.2025
Description: Local director and audit functions in place, clean operational history

Location: Australia
Published date: 05.03.2025
Description: Ready with bank account, clean history, quick changes

Location: Canada
Published date: 05.03.2025
Description: Clean history, quick changes

Location: South Africa
Published date: 05.03.2025
Description: Ready with bank account, clean history, local personnel in place