MiCA CASP License in the Czech Republic
The Czech Republic is a perfect destination for your CASP business. Learn more about the MiCA license in the Czech Republic and the steps involved in the process on this page.
- One of the lowest tax rates in Europe
- Fully remote incorporation possible
- Fast opening of a bank account
- Business-friendly environment
Legal experts in designing solutions for crypto licensing worldwide.
Certified ACAMS consultant with 5+ years experience in compliance and FinTech regulations.
CASP license in the Czech Republic - MiCA license in Czechia
National Authority responsible for MiCA in Czechia
The National Competent Authority (NCA) for the European Union’s Markets in Crypto-Assets Regulation (MiCA) implementation in the Czech Republic is the Czech National Bank (CNB). The CNB will receive licensing applications and notifications based on the MiCA requirements and the country’s domestic draft Act on the Digitalisation of the Financial Market.
How much time do you have to apply for a CASP MiCA license in the Czech Republic?
Crypto-asset service providers authorized in the Czech Republic before 30 December 2024 have the right to continue their operations until 1 July 2026. This is the so-called MiCA grandfathering right in Czechia. It only covers those entities that submit an application for CASP authorization by 31 July 2025.
How to incorporate a MiCA company in Czechia
Prior to obtaining your CASP authorization in the country, you must incorporate a Limited Liability Company (s.r.o) in the Czech Republic. The process requires a basic set of documents and a legal address of the company in Czechia.
The whole incorporation procedure can be conducted remotely with the assistance of our lawyers.
Taxes for CASP companies in the Czech Republic
All registered CASPs in Czechia will be subject to a local corporate income tax (CIT), which is currently at 21%. A special CIT of 15% applies to dividends that resident entities receive from non-resident entities.
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CASP in the Czech Republic: Cost of Set-Up
Whether you want to license an existing company as a CASP or build a legal entity from scratch, we recommend starting with a thorough assessment of your options. LegalBison provides a free primary consultation with a lawyer for all kinds of businesses seeking CASP authorization. Get in touch with us today and have our in-house lawyers study your case and provide a personalized roadmap.
Legal experts in designing solutions for crypto licensing worldwide.
+44 20 4577 0974
Certified ACAMS consultant with 5+ years experience in compliance and FinTech regulations.
+44 20 4577 0974
Strongly advised: a legal assessment of your project and feasibility under MiCA.
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Initial Consultation
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MiCA Compliance Assessment
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MiCA Operational Assessment
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CASP Licence Class Assessment
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Application Preparation
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Interaction with the NCA
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Company Formation
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Corporate Services for 1 year
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Bank Account Opening Assistance
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Legal Web3 Documents Package
Our expert assistance in successfully securing a CASP license for MiCA.
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Initial Consultation
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MiCA Compliance Assessment
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MiCA Operational Assessment
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CASP Licence Class Assessment
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Application Preparation
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Interaction with the NCA
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Company Formation
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Corporate Services for 1 year
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Bank Account Opening Assistance
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Legal Web3 Documents Package
Set-up of a complete, MiCA compliant CASP company in the Czech Republic.
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Initial Consultation
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MiCA Compliance Assessment
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MiCA Operational Assessment
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CASP Licence Class Assessment
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Application Preparation
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Interaction with the NCA
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Company Formation
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Corporate Services for 1 year
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Bank Account Opening Assistance
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Legal Web3 Documents Package
MiCA license in Czech Republic — How to Apply
Applying for a CASP license in the Czech Republic is one of the easiest and most straightforward processes in the EU. With the assistance of LegalBison’s lawyers, you will be able to go through the entire procedure with minimum hassle.
INCORPORATE A CZECH COMPANY
The very first step is to form a Limited Liability Company in the Czech Republic. For this, you will need to:
- Gather identity documents of all involved parties
- Provide certificates of non-criminal records
- Prepare a CV and a detailed description of the planned activities
- Fulfil the economic substance requirements (legal address)
Once the company is formed, you will be able to move on to the licensing application process for the MiCA license in Czech Republic.
SUBMIT A CASP LICENSING APPLICATION
Prior to submitting the application, you must thoroughly prepare the required package of documents. Apart from the paperwork, there are additional requirements, such as:
- Appointinment of the key personnel
- Documenting every person and system involved
- Drafting a programme of operations
You can find a more detailed description of all the requirements involved in our separate MiCA Compliance Guide in the EU. Our lawyers are always on standby to provide you with a personalised consultation and assistance on CASP licensing in Czechia.
WAIT FOR THE ASSESSMENT FROM THE CNB
According to the rules set out in MiCA’s framework, the National Competent Authority (NCA) in the country, which is the CNB, will have 5 days to notify you that your licensing application has been accepted. After that, 25 more days will be required for the CNB to confirm that the application is complete and doesn’t need any amendments. From this point onward, expect to wait for 40 more days for the full validation of your application.
OPEN A BANK ACCOUNT FOR YOUR CASP IN CZECHIA
Once you have been registered as CASP in the Czech Republic, it is no less important to open a bank account. Now that MiCA is in full force, crypto businesses have a better chance of securing corporate bank accounts without obstacles.
If you need assistance in opening a bank account in the Czech Republic, refer to our legal team. We will undertake the process in full and negotiate with the banking institution of your choice on your behalf.
Need assistance from a MiCA expert?
Our lawyers are available for a personalized free consultation. If you have any questions about CASP licensing in the Czech Republic, no matter what they are, feel free to leave your request on this page or call us right away. Our in-house lawyers will study your case and provide you with the best solution for licensing your crypto company under MiCA’s framework.
Alternatives to a CASP license in the Czech Republic
We encourage our readers and clients to acknowledge the MiCA regulation and to rely on our legal experts before making a move. Other jurisdictions outside of the EU may be worth your consideration.
About the CASP (MiCA) License in the Czech Republic
The cost of the CASP license in Czechia depends on the license class, corporate structure, and other key attributes of your company. If we are to estimate the cost based on the starting share capital requirement for each class, it will be EUR 50,000 for Class 1, EUR 125,000 for Class 2, and EUR 150,000 for Class 3. For more information and the exact cost estimation for your company, we highly recommend contacting our lawyers.
When talking about the timeframe for the full CASP licensing in the Czech Republic, we must differentiate between the company incorporation process and license obtainment itself. Czechia is known for one of the fastest company formation procedures in the EU, with up to a month provided that all documents are present and validated. Securing a CASP license might take an extra 1-2 months, depending on the workload of the regulator.
In order to obtain CASP authorisation in Czechia, you must form an LLC there and provide a full set of documentation required by the MiCA framework. This process might be challenging, especially for first-time entrepreneurs, which is why we encourage you to contact us for legal assistance and support.
The Czech Republic undoubtedly presents one of the most favorable sets of conditions for crypto businesses. At the same time, the introduction of the MiCA regulation has made the licensing process in the country more sophisticated. Now that there’s still a lot of legal unclarity surrounding the new legislation, having a well-versed lawyer by your side is a must. Contact LegalBison today, and we will provide you with a personal MiCA-expert legal consultant to answer all of your questions.
Our dedicated page on token issuance in the Czech Republic is in the works. While we are preparing the guide, feel free to reach out to our lawyers for a free consultation on how you can issue a MiCA-compliant token in Czechia.
Licensed Virtuals Asset Service Providers in the Czech Republic that are active have until July 1st of 2026 to register for a CASP license, in accordance with the MICA regulation. The application should have been sent before the 31st of July 2025.
The first step to get a CASP license in Czechia - working with a reliable legal partner!
MiCA presents a world of opportunities for crypto companies to become credible and recognized in the international market. Still, it is highly challenging to navigate all of the new regulations without legal help.
Our team has over 5 years of prior experience in assisting companies with crypto licensing worldwide. Now, we are actively working on helping entrepreneurs integrate naturally into the MiCA landscape. Contact us today to schedule a free primary consultation on CASP licensing for your company.
Legal experts in designing solutions for crypto licensing worldwide.
Certified ACAMS consultant with 5+ years experience in compliance and FinTech regulations.