Requirements in Czech Republic - what is needed?
Who regulates crypto companies in Czech Republic?
The Czech Trade Licensing Office regulates VASP companies in Czech Republic.
- A company registered in Czech Republic
- Certificate of non criminal record of all participants
- A standard business plan
- Implementation of reporting procedures
- Authorization to practice a trade in Czech Republic
- Standard EU AML-KYC
- CZK 200k (~ 8,190 EUR) of share capital for an LLC company
Alternative to Czech Republic crypto license
We have many requests to set-up companies in different countries and jurisdictions. Here are top picked alternative crypto licenses in the EU
and offshore crypto licenses
. Its best to speak to a professional from our team to decide which crypto friendly jurisdiction makes most sense for you
Alternatives for EU Crypto licenses in 2024
Alternative Offshore Crypto licenses in 2024
A VASP regime exists in the BVIs. It's important to understand the benefits and downsides of it. An ideal token issuance vehicle.
Similar to the BVIs the Cayman Islands initiated a VASP regime. We strongly advise our clients to get a consultation and assessment if their business model falls under the Cayman Islands VASP regime.
Often combined with FX licenses and according business models.
Top pick for offshore crypto licenses if the budget is available.