Czech CASP License: MiCA Regulation (EU Framework)

The Czech Republic is a popular jurisdiction for cryptocurrency businesses due to its clear legal framework and its position as a member of the European Union. Under the new regulatory framework, crypto businesses are now required to obtain a casp licence, and the Czech Republic issues the Czech CASP license in accordance with the MiCA (Markets in Crypto-Assets) framework.

LegalBison assists clients with the full process of obtaining a CASP license in Czechia in 2026. We guide company formation, licensing application, and communication with the regulatory authority on your behalf.

Quick Facts: CASP License in Czech Republic

LegalBison is your primary partner for obtaining a crypto license in the Czech Republic. We provide a comprehensive service to ensure your business is fully compliant with the new EU standards:

Experts in fintech and crypto licensing worldwide.

Kirill Gussev advises crypto and digital asset companies on VASP and CASP licensing, MiCA authorization, and international corporate structuring at LegalBison.

The licensing authority in the Czech Republic is the Czech National Bank (CNB), which acts as the national competent authority for the MiCA regulation. The CNB is responsible for issuing the VASP license (now transitioning to the CASP license) and supervising crypto asset service providers (CASPs), including crypto exchanges and other virtual asset service providers. The CNB is a highly respected regulator known for its rigorous but fair approach to CASP supervision. Cryptocurrency services are regulated under the European Markets in Crypto-Assets (MiCA) Regulation, which entered into force in 2024. The Czech Republic has integrated MiCA into its national legal framework, requiring all entities providing crypto services — such as crypto asset service providers, crypto exchanges, and virtual asset service providers — to obtain a CASP license. The MiCA regulation aims to harmonise the EU’s markets for digital assets, increase security and transparency in the local crypto asset market, and boost investor and user confidence by setting clear legal requirements for the industry. The license allows for the following activities:

• Custody and administration of crypto-assets and other digital assets on behalf of clients;
• Operation of a trading platform for crypto-assets, including crypto exchanges;
• Exchange of crypto-assets or virtual assets for funds or other crypto-assets;
• Execution of orders for crypto-assets on behalf of clients;
• Placing of crypto-assets;
• Reception and transmission of orders for crypto-assets on behalf of clients;
• Providing advice on crypto-assets and virtual assets;
• Providing portfolio management on crypto-assets;
• Providing transfer services for crypto-assets and virtual assets on behalf of clients.

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.

2 weeks

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.

1-2 weeks

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.

2-3 months

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.

1 month

• Required Share Capital: 50,000 EUR to 150,000 EUR, depending on the license class. These funds must be fully paid in;
• Professional Service Fees: Contact us for a tailored quote; packages start from a competitive rate based on your specific business model;
• Corporate Tax: The standard corporate income tax rate in the Czech Republic is 21% (effective from 2024).

Licensed companies must adhere to ongoing obligations, including:

• Regular reporting to the Czech National Bank;
• Maintaining minimum capital requirements at all times;
• Annual audits of financial statements and IT systems;
• Continuous monitoring of AML/KYC procedures and reporting of suspicious transactions.

• “The old VASP registration is enough”: Many believe the simple VASP notification is still sufficient. Under MiCA, this is no longer the case; a full CASP authorization is required to operate and passport services;

• “It takes only one week”: Some providers claim licenses can be obtained in days. In reality, the CNB review process is thorough and takes several months;

• “Physical presence isn’t necessary”: MiCA strictly requires “substance” in the country of registration, meaning a real office and resident management.

• Czech CASP License

Contact Us

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.

Malta CASP License: MiCA Regulation (EU Framework)

• Low tax CASP license
• Reputed FinTech hub
• Easy remote operation

Estonia CASP License: MiCA Regulation (EU Framework)

• 0% Corporate Income Tax
• Cheap and fast process
• No travel needed

Crypto License in Montenegro

• 9% CIT
• Very flexible
• Simple to set-up

Crypto License in Australia

• Reputed jurisdiction
• Straightforward requirements
• Simple to operate

Crypto License in Canada – Money Services Business (MSB) License

• Top economy
• Secure and trusted
• Compoundable license

Crypto License in El Salvador

• Bitcoin is legal tender
• Pro-crypto regulations
• High reputation

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 is to work with a reliable legal partner

Having helped numerous clients navigate the regulatory landscape in Europe, LegalBison’s team knows the ins and outs of the Czech National Bank’s procedures and local compliance requirements. We handle the heavy lifting, from drafting your business plan to liaising with the regulator, so you can focus on growing your business.

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Contact our experts today to start your journey toward obtaining a MiCA-compliant crypto license in the Czech Republic.