Cryptolicense in the Czech Republic
The Czech Republic is one of the most attractive markets for working with digital assets. In order to carry out activities related to cryptoassets in the country, it is necessary to strictly comply with the requirements of national legislation, in particular, to obtain a special license.
Cryptolicense is an official authorization that confirms the legality and legitimacy of carrying out activities in the field of cryptocurrencies and blockchain.
Who will benefit from the service?
With a license, an entrepreneur has the right to legally carry out activities related to cryptocurrencies. In turn, the use of blockchain technologies and cryptocurrencies indicates the advancement and development of the business, which in the long run can increase the overall competitiveness in the market.
The service of obtaining a crypto-license in the Czech Republic for foreigners will be useful for entrepreneurs with international business who want to quickly, affordably and without unnecessary bureaucracy to obtain the appropriate authorization.
It is prohibited to conduct business related to digital assets without obtaining the appropriate license – this is a violation for which legal liability is provided.
When independently obtaining a license, entrepreneurs, as a rule, face the following difficulties and problems:
- failure to understand the requirements and peculiarities of national legislation;
- failure to comply with all conditions;
- incorrect execution of necessary documents;
- complicated legal procedures;
- a large amount of confusing bureaucracy.
In order to guarantee a crypto license to conduct business with digital assets, please contact Intelligent Solution Group for assistance, our specialists have extensive experience in this matter. The cost of obtaining a crypto license in the Czech Republic is determined by a free initial consultation - depending on the tools and features your business requires.
The stages that our experts will perform together with you:
- analyze the client's request, set goals, determine the desired result;
- We select the optimal type of license based on the needs of the business;
- help to collect and execute documents for registration of a foreign company. We carry out registration of the company abroad on a turnkey basis and are ready to help in solving any related issue;
- we register with tax authorities, submit notifications about crypto activities to the state authorities;
- send a notice to the FAU regulator and prepare to go through all AML procedures;
- applying for a cryptocurrency license to the authorized body;
- select a bank or neo-bank to open an account and prepare all documents for this purpose;
- we open a corporate account in a bank or payment system, help to pass KYC;
- obtain a ready license;
- if necessary, we provide related accounting support.
This list of actions is approximate and may vary depending on the circumstances and specifics of the situation.
For a free consultation, please contact us in any convenient way.
What does a cryptocurrency license in the Czech Republic provide?
What is cryptolicense called in Czech?
Where in the Czech Republic should I apply for a crypto license?
What is the validity period of a license for operations with digital assets in the Czech Republic?
What body acts as a regulator of cryptocurrencies in the Czech Republic?
Are there any restrictions on the size of the authorized capital for Czech crypto companies?
What documentation do I need to collect to apply for a cryptocurrency license?
To apply for a cryptocurrency license, you need to collect or compile the following documents:
- founding documents for the firm;
- a certificate of no criminal record from each person managing or controlling the business (founders, directors and UBOs);
- AML policy – a document describing all procedures within the firm that are followed according to the international AML/CFT rules.