What Is Included in the Czech VASP + Pending CASP Package
COREDO offers for sale a ready-made Czech company that has already completed VASP registration under the AML Act 253/2008 Sb. and has submitted a complete documentation package for a CASP licence to ČNB in accordance with MiCA. This means the new owner receives not merely a “shell”, but an operational structure with completed regulatory procedures.
The package comprises the following elements.
The transfer of the company to the new owner takes 1–3 weeks from the completion of due diligence and the signing of the share purchase agreement.
MiCA Transition Period: Why Now Is the Best Time
Czech legislation has established a special transitional regime for existing VASP companies. The Act on the Digitalisation of the Financial Market (zákon č. 31/2025 Sb.), which entered into force on 15 February 2025, sets out the following grandfathering conditions.
An operating business from day one
The owner of a ready-made VASP company with a submitted CASP application is, in effect, running a live crypto-asset business in the EU today. While the ČNB reviews the application — typically taking 3 to 6 months — the company may legally provide virtual asset services to its clients.
Saving time and costs
Compared to incorporating a new legal entity and filing a CASP application from scratch, acquiring a ready-made VASP company saves 12 to 18 months and avoids substantial operational costs during the licence-pending period.
Access to the entire EU market
The tight grandfathering window is particularly significant for international players planning to enter the EU market: the MiCA passport obtained upon authorisation grants access to all 27 EU member states without any additional licensing.
Companies that provided crypto-asset services under a trade licence before 30 December 2024 may continue operations, provided they submit a CASP application to the ČNB no later than 31 July 2025. Once the application is submitted, they retain the right to operate until a decision is issued, but no later than 1 July 2026.
Legal Framework: AML Act, MiCA and ČNB Requirements
VASP/CASP activity in the Czech Republic is governed by several layers of legislation.
At the national level, the key instrument is Zákon č. 253/2008 Sb. — the Act on Certain Measures against Money Laundering and Terrorist Financing. This Act established VASP status prior to MiCA and continues to define the AML obligations of cryptocurrency companies: development of an internal rules system (ISP), appointment of a contact person for the FAÚ, preparation of a written AML/CFT risk assessment within 60 days of becoming an obliged entity, customer due diligence (KYC/KYB), and suspicious transaction reporting.
At EU level, MiCA — Regulation (EU) 2023/1114 — entered into full force on 30 December 2024 and applies directly in all member states. The Regulation establishes the requirements for CASP authorisation: minimum capital (EUR 50,000 for Class 1, EUR 125,000 for Class 2, EUR 150,000 for Class 3), governance and internal control requirements, client asset protection rules, conflict-of-interest management, and the passporting procedure.
Additionally, Regulation (EU) 2022/2554 (DORA) — the Digital Operational Resilience Act — entered into force on 17 January 2025. DORA requires CASPs to implement ICT risk management frameworks, conduct regular cyber resilience testing, and manage third-party (ICT service provider) risks. DORA documentation is included in the submitted CASP package.
Implementation of MiCA at national level was completed by Zákon č. 31/2025 Sb. (in force from 15 February 2025), which established ČNB as the sole competent authority for MiCA and DORA in the Czech Republic, and Zákon č. 32/2025 Sb., which introduced corresponding amendments to related legislation.
Acquisition Process
The transaction for acquiring a ready-made VASP company with a submitted CASP application is structured in four stages and takes an average of 1–3 weeks from the signing of the letter of intent.
Mutual Due Diligence.
COREDO provides the buyer with full corporate documentation, VASP registration records, a copy of the submitted CASP package, and bank account statements. The buyer undergoes a review of compliance with ČNB requirements for beneficial owners of CASPs: reputation, qualifications, absence of criminal convictions and restrictions.
Signing of the Agreement.
The parties sign the share purchase agreement and related documentation. Payment is made in accordance with the agreed schedule.
Legal Transfer.
COREDO arranges notarial certification of the transfer of 100% of shares, registration of changes in the Obchodní rejstřík (Commercial Register) and updating of FAÚ records with respect to the AML contact person.
ČNB Notification.
COREDO notifies ČNB of the change of the ultimate beneficial owner (UBO) of the company in accordance with Article 68 of MiCA. ČNB continues to review the CASP application in respect of the new owner.
Our Experts
Transactions involving the acquisition of ready-made VASP/CASP companies are handled by specialists from COREDO’s legal team.
Frequently Asked Questions
If you are interested in acquiring a ready-made Czech VASP company with a submitted CASP licence application, COREDO’s specialists are ready to provide comprehensive information on the transaction terms and to conduct a preliminary ČNB compliance assessment. Contact us for a detailed commercial proposal.
Related Services
In addition to the sale of ready-made VASP/CASP companies, COREDO offers:
