Crypto Asset Services Provider License in Czech Republic
CASP License 2025

The Czech Republic has become one of the most favorable EU destinations for cryptocurrency ventures, largely because the financial market, including digital assets, falls solely under the oversight of the Czech National Bank.

TBA & Associates assists clients in remotely securing a Czech crypto license through a complete end-to-end service with guaranteed results. Alternatively, we can provide a fully established company already holding a Czech crypto license in as little as nine weeks.

To obtain a crypto license in the Czech Republic under the current MiCA framework, the first step is to set up a Czech limited liability company (SRO) and apply for a trade license covering virtual asset services. After incorporation, you will need to prepare and submit a detailed application package to the Czech National Bank (CNB). This includes drafting internal AML/KYC procedures, presenting a business plan, and providing evidence of sufficient capital. Once the CNB reviews and approves the application, you will be granted authorization to operate throughout the EU as a licensed Crypto-Asset Service Provider (CASP).

Czech Republic CASP License

If you are planning to establish a new cryptocurrency business in a secure and progressive jurisdiction, the Czech Republic offers an excellent choice. Recognized as one of the leading destinations for TBA & Associates within the European Union and internationally, it provides a favorable environment for digital asset enterprises. To operate legally in this market, businesses are required to obtain a CASP license in accordance with the Markets in Crypto-Assets Regulation (MiCA/MiCAR).

Our role is to help you navigate the complex regulatory framework and compliance obligations involved in this process. We provide full support in securing a Czech crypto license for your company while ensuring adherence to both national requirements and EU-wide standards.

Contents

1. Packages for Obtaining a Czech Republic Crypto License
2. Key Requirements for Securing a Czech Crypto License
3. Step-by-Step Process of Getting a Crypto License in the Czech Republic
4. Scope of a Crypto License in the Czech Republic Under MiCA
5. Benefits of Holding a Czech Republic Crypto License
6. Regulatory Framework for Crypto in the Czech Republic Under MiCA
7. Taxation Rules for Crypto Companies and Digital Asset Transactions in the Czech Republic

1 – Service Packages for Registration of a Czech Crypto License

Managing all the legal and regulatory steps for acquiring a crypto license in the Czech Republic can be a complex and time-consuming task. Fortunately, you don’t need to go through this process on your own. Our team of specialists provides comprehensive service packages covering consultation, preparation of documentation, company incorporation, license application, and ongoing post-approval support.

At TBA & Associates, we take care of developing tailored Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures for your business, assisting with corporate bank account opening, monitoring compliance, and offering legal guidance to ensure full alignment with Czech regulatory standards. With in-depth expertise in the evolving crypto regulatory framework, we help you navigate the requirements of the Financial Analytical Office (FAU), which oversees AML supervision, as well as the Czech National Bank (CNB), the authority responsible for issuing CASP licenses under MiCA. From the initial compliance review and strategic consultation through to the approval of your application and final license issuance, we provide end-to-end support.

2 – Requirements for a Crypto License in the Czech Republic

Securing a CASP license in the Czech Republic is a highly detailed process that requires significant time, careful planning, and complete accuracy in preparing the application and supporting documentation. To obtain authorization to operate within the Czech crypto market, applicants must comply with the following key requirements:

• Incorporation of a company in the Czech Republic with a registered physical office (virtual offices are not acceptable).
• Full compliance with Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) regulations.
• Appointment of an EU-based Money Laundering Reporting Officer (MLRO).
• Preparation of a comprehensive business continuity plan.
• Implementation of an internal control framework to ensure alignment with MiCA requirements.
• Adoption of a conflict-of-interest policy to guarantee transparency and fairness in business operations.
• Development of custodial storage and asset administration policies for CASP categories 2 and 3.
• Establishment of procedures for handling client complaints.
• Introduction of an ICT security policy to protect information systems and maintain the security of client data and digital asset transactions.
• Completion of an enterprise-wide preliminary risk assessment to identify vulnerabilities and reinforce compliance with regulatory standards.
• Maintenance of the minimum share capital as required, which varies depending on the category of services provided by the company.

While the MiCA licensing requirements may seem extensive and complicated, our team of skilled legal professionals is ready to guide you through every stage of the compliance process, ensuring your business can operate successfully in the Czech Republic. From the first consultation and assessment of your company’s regulatory obligations to the final approval of your CASP license, you can depend on our expertise to manage the process smoothly and with confidence.

3 – Procedure for Obtaining a Crypto License in the Czech Republic

The process of obtaining a crypto license in the Czech Republic starts with an initial consultation, where we review your business model and evaluate the specific MiCA compliance obligations that apply to your venture. This stage typically lasts between 2 weeks and 2 months, depending on the complexity of your case. It is followed by the preparation of essential documentation, including identification and address verification, a business plan, AML and KYC procedures, and financial statements.

Once the documents are ready, the next step involves registering the company, opening a corporate bank account with a Czech financial institution, and depositing the required share capital. After the application is submitted to the regulatory authorities, any additional queries must be addressed, an EU-based Money Laundering Reporting Officer (MLRO) must be appointed, and compliance with AML and CFT standards must be ensured. This stage generally takes 1 to 3 months, depending on the company’s structure and compliance requirements.

It is important to note that securing a MiCA license does not mark the end of the process. Continuous compliance is essential, as companies must remain aligned with evolving regulatory standards. Ongoing obligations under MiCA include annual reporting, maintaining robust internal controls, and notifying the Czech National Bank (CNB) of any significant operational changes.

To support your long-term success, we provide ongoing post-license assistance, helping you remain compliant and adapt to future regulatory updates. On average, the entire licensing journey—from the first consultation to final approval—takes less than 5 months. The following sections provide a more detailed overview of each stage and the estimated timeline.

4 – Crypto License Scope under MiCA in the Czech Republic

Until January 1, 2025, cryptocurrency operations in the Czech Republic were governed by the Virtual Asset Service Provider (VASP) authorization framework. Since that date, all businesses offering crypto-related services are required to obtain a pan-European Crypto Asset Service Provider (CASP) license in accordance with the MiCA regulation.

Holding a valid CASP license allows companies to offer a broad spectrum of services, including the placement of crypto assets, execution of client crypto orders, advisory and portfolio management services, custody and administration of client crypto assets, and the exchange of crypto assets for fiat or other digital assets.

Once your crypto license is secured under the MiCA framework in the Czech Republic, you can expand your business activities to include:

• Cryptocurrency Exchanges (Trading Platforms)
• Crypto Wallet Services
• Initial Coin Offerings (ICOs) and Token Issuance Platforms
• Institutional Crypto Custody Services
• Crypto Payment Solutions
• Peer-to-Peer (P2P) Platforms

5 – Advantages of the Czech Republic Crypto License

If you are considering where to establish your crypto business within the EU, the Czech Republic is an excellent choice. This jurisdiction offers a strong combination of regulatory transparency, business-friendly policies, and cost-effective operations. Some of the main advantages of obtaining your CASP license in the Czech Republic include:

• Access to the EU market: Operate across the entire European Union with passporting rights provided under the MiCA-regulated crypto license.
• Regulatory clarity: Ensure your company complies with clear and well-defined MiCA standards, supporting sustainable business growth.
• Business-friendly environment: Benefit from competitive corporate taxation and streamlined administrative procedures.
• Enhanced credibility: Boost your company’s reputation by operating in a highly regulated European jurisdiction with a transparent legal framework.
• Cost efficiency: Take advantage of lower setup and operational expenses compared to other crypto-friendly European locations.

6 – Overview of Crypto Regulation in the Czech Republic

Until recently, cryptocurrency businesses in the Czech Republic were primarily regulated under the EU’s 4th and 5th Anti-Money Laundering Directives (4AMLD and 5AMLD), which mainly focused on adherence to KYC policies for licensed operators.

With the full implementation of the MiCA legislation across the EU, the regulatory landscape has undergone a major shift. As of 2025, the Czech Republic now falls under this unified legal framework, specifically affecting Virtual Asset Service Providers (VASPs). As a result, all crypto businesses in the country must comply with MiCA’s stricter requirements and obtain a CASP license to legally continue their operations.

Considering the complexity of transitioning to this new framework, consulting experienced legal professionals is highly recommended. Our team of expert lawyers provides comprehensive support to ensure full MiCA compliance in the Czech Republic, helping your business operate smoothly without regulatory interruptions.

7 – Taxation of Crypto Companies and Crypto Transactions In The Czech Republic

Cryptocurrency transactions in the Czech Republic enjoy favorable tax treatment, as they are exempt from value-added tax (VAT). This exemption is based on a ruling by the European Court of Justice (Case C-264/14), which clarifies under Article 135(1) – 1 of the NSO Directive that exchanging virtual currency for fiat currency (and vice versa), as well as currency exchange services, is not subject to VAT.

This tax benefit contributes to the Czech Republic being one of the most cost-effective jurisdictions for obtaining a crypto license in the region.

However, it is important to note that certain crypto-related income is still subject to taxation, including:

• Gains from buying, selling, or exchanging virtual currencies
• Crypto mining activities
• Payments received in virtual currencies for services provided

When calculating the costs of a Czech crypto license and planning other operational expenses, these taxable activities should be taken into account. Income earned in virtual currencies is treated like income in traditional currency, with values converted to Czech crowns (CZK) at the exchange rate on the date of the transaction or receipt of income.

Another benefit of the Czech tax system is the VAT exemption on cryptocurrency transactions. However, if your company provides additional services beyond crypto transactions, VAT may still apply.