How Much is the CASP License in the Czech Republic? A Cost Analysis

Businesses must now account for higher regulatory standards, specialised legal counsel, and robust digital infrastructure to ensure long-term compliance. Meeting the regulatory requirements and legal requirements for a CASP crypto license is essential for successful operation.

All of this, in turn, influences the budget required for a smooth licensing and launch. In this article, LegalBison will provide a comprehensive analysis of the costs associated with opening a CASP company in the Czech Republic in 2026.

Minimum Capital Requirements (Share Capital) for a Czech Republic Crypto License

One of the most substantial financial shifts under the new regime is the introduction of tiered minimum capital requirements. Unlike the legacy VASP framework, which had no specific minimum beyond a symbolic 1 CZK, the CASP crypto license type in Czechia requires fully paid-up share capital deposited in an EEA bank account. Under MiCA, the minimum share capital is a legal threshold that must be met for each license class, ensuring that crypto-asset service providers have sufficient financial resources to operate.

The required amount depends on the specific Class of services provided:

Free to Consult: CASP License in Czech Republic

Professional & Legal Setup Costs

Securing a CASP license in Czechia requires more than just a capital injection; it involves a complex application process that typically spans 6 to 8 months. The CASP license application requires submission of a detailed business plan and business model, outlining the operational structure and compliance strategy of the crypto company or virtual asset service providers, such as a crypto exchange, seeking a license in the Czech Republic. Professional service fees generally fall into the following categories:

• Legal & Application Fees: Licensing fees cover the drafting of MiCA-compliant internal policies, risk management frameworks, and the final submission to the ČNB. As part of the compliance framework, it is essential to identify key personnel and appoint a money laundering reporting officer (MLRO);
• Company Incorporation: Remote or physical setup of an s.r.o. (Czech limited liability company) or a.s. (Joint Stock Company) allows for either establishing a new legal entity, such as a Czech company, or acquiring an existing company to expedite company registration and licensing;
• Substance & Infrastructure: Implementing the required local substance — including a physical office and resident compliance staff — adds ongoing monthly costs for rent and payroll. Operational requirements also include preparing business continuity plans and ensuring all official documentation is provided in the Czech language to meet regulatory standards.

Also read: Comparison Between CASP License in Czech vs Poland

Accounting & Financial Reporting Standards

Under the new MiCA licensing regime, all Czech CASPs are held to high transparency standards.

• Financial Reporting: CASPs must regularly submit detailed financial reports to the ČNB. Annual filings must include a balance sheet, revenue/expense statement, cash flow summary, and changes in equity. AML compliance and adherence to the Czech AML Act are essential, with reporting obligations shaped by international standards set by the Financial Action Task Force (FATF);
• Record Keeping: All transactions and client activities, including crypto transactions and the management of virtual assets, must be recorded and preserved for a minimum of five years as part of compliance requirements;
• Asset Segregation: Strict accounting standards require that client funds and crypto-assets be legally and operationally segregated from the company’s own assets to protect clients in the event of insolvency;
• Operational Standards: Best practices for managing crypto assets include robust fraud prevention measures and strong internal controls to ensure security and regulatory compliance;
• Banking Requirements: CASPs must maintain bank accounts within the European Economic Area to meet jurisdictional and regulatory standards.

Estimated First-Year Budget and Business Plan Overview

For a mid-tier (Class 2) CASP license in the Czech Republic, a comprehensive first-year business plan must account for both statutory initial requirements and ongoing operational obligations under the MiCA framework. The budget should be structured around the following core categories:

• Statutory Share Capital: Applicants must maintain a minimum level of authorised capital, which for Class 2 services (including custody and exchange) is set at a specific legislative threshold. This capital must be fully paid in monetary form and deposited in a bank account within the European Economic Area (EEA);
• Professional and Legal Support: Costs should be allocated for legal counsel to draft MiCA-compliant internal policies, manage the application process with the Czech National Bank (ČNB), and establish the appropriate corporate structure (typically an s.r.o. or a.s.);
• Local Substance and Governance: A significant portion of the budget must support a genuine local presence, including a physical office in the Czech Republic and the engagement of qualified resident personnel, such as an EU-resident director and a specialised AML Compliance Officer (MLRO);
• Technical Infrastructure and Compliance Systems: Budgeting is required for robust ICT systems and security measures that meet Digital Operational Resilience Act (DORA) standards. This includes specialised software for real-time AML/KYC monitoring and transaction screening;
• Audit, Reporting, and Regulatory Levies: Operations must account for regular financial audits by independent auditors and the submission of periodic prudential reports to the ČNB. Additionally, licensed entities are subject to an annual supervisory levy based on a percentage of total assets.

The final budget will vary depending on the specific scale, nature, and complexity of the intended crypto-asset services.

Related reading: Best Crypto Business Models in the Czech Republic with the New CASP License

Launch Your CASP Venture in Czechia with LegalBison

LegalBison has been the dedicated partner for crypto entrepreneurs for over 5 years, providing turnkey legal support for corporate structuring, policy drafting, and regulatory liaison. To understand how the new MiCA requirements in the Czech Republic will impact your specific project and budget, contact us today for an exact cost estimation and schedule a free consultation with our expert team.