Over the past decade, the Czech Republic has evolved into a country with a well-developed and sophisticated financial system as well as transparent legislation. The crypto regulation in the Czech Republic enables to conduct reliable businesses that clients are willing to trust. One of the standards is to obtain the crypto licence that allows a company to provide virtual assets services to its clients.
The main supervisory authority responsible for regulating virtual assets is the Financial Analytical Office (FAU).
Registering a crypto company in the Czech Republic provides many opportunities for conducting a successful international business. This licence entitles a company to do business throughout the European Union, making its services available almost all over the world.
The Czech Republic has the advantage of relatively low labour costs, transparency of the tax system and proximity to the CIS countries, both mentally and geographically.
The price for the service of obtaining a Virtual assets licence in the Czech Republic is 3000 EUR + VAT.
The list of services includes in the price:
When applying for this type of licence, a company has to comply with few requirements. The standard list of requirements is as follows:
DOCUMENTS AND INFORMATION NECESSARY FOR OBTAINING A LICENCE IN THE CZECH REPUBLIC