Sale of a Czech VASP company with a pending CASP license application

General information

COREDO offers its clients the opportunity to acquire a company registered in the Czech Republic as a Virtual Asset Service Provider (VASP). The company is at an advanced stage of obtaining a Crypto-Asset Service Provider (CASP) license following the pan-European MiCA regulation.

The offer includes the sale of 100% of the company’s shares and offers a strategic opportunity to enter or expand within the European Union market. Acquiring this entity allows the new owner to save 12 to 18 months and considerable resources that would otherwise be required to establish a company and complete all licensing procedures from scratch.

As a result, the buyer receives not merely a legal entity, but a fully prepared vehicle for operational activities across the entire EU once the MiCA transition period has been completed.

Brief company information

The company was registered in 2024. Its name will be disclosed to the purchaser after signing an NDA.

VASP license (active):

  • Purchase, sale, and storage of virtual assets.
  • Transfer and management of assets.
  • Facilitation of cryptocurrency transactions.
  • Provision of other related services.

CASP license (in progress):

  • Class 1: Transfer of crypto-assets, execution of client orders.
  • Class 2: Custodial storage and management of crypto-assets, exchange operations (fiat-to-crypto, crypto-to-fiat, crypto-to-crypto)

Financial and legal data:

  • No current debts or third-party liabilities.
  • No active clients.
  • No litigation or inspections pending.
  • Financial information is provided upon signing an NDA.

Key advantages of the company

Active VASP registration – enables immediate lawful operations after a change of ownership

Active VASP registration – enables immediate lawful operations after a change of ownership

An advanced stage of obtaining a CASP license, giving the company a strategic advantage over competitors

An advanced stage of obtaining a CASP license, giving the company a strategic advantage over competitors

A three-year business plan and internal CASP policies have already been prepared

A three-year business plan and internal CASP policies have already been prepared

Licensing fee paid to the Czech National Bank – the licensing process has been fully initiated

Licensing fee paid to the Czech National Bank – the licensing process has been fully initiated

Ability to operate across the EU upon obtaining the CASP license

Ability to operate across the EU upon obtaining the CASP license

«Clean» history – the company has not conducted active business activities and carries no hidden risks

«Clean» history – the company has not conducted active business activities and carries no hidden risks

No credit, leasing, or tax liabilities

No credit, leasing, or tax liabilities

Corporate bank account opened in the Czech Republic, simplifying the start of operations

Corporate bank account opened in the Czech Republic, simplifying the start of operations

Regulatory framework

From 1 January 2025, all VASPs (Virtual Asset Service Providers) operating in the Czech Republic are required to undergo a relicensing procedure to comply with MiCA standards and obtain a CASP license. At the European Union level, the primary regulatory acts are the Markets in Crypto-Assets Regulation (MiCA) and the Digital Operational Resilience Act (DORA), which have direct effect in all EU member states, including the Czech Republic.

At the national level, the new requirements are reflected in the Digital Finance Act and the Act amending certain laws. The responsible regulator overseeing the licensing process is the Czech National Bank (ČNB).

Regulatory framework

Sale procedure

The transaction process is transparent and conducted through several consecutive stages:

  • Signing of a Non-Disclosure Agreement (NDA).
  • Review of basic company information.
  • Provision by the purchaser of documents for KYC and proof of financial capacity.
  • Signing of a reservation agreement and payment of a deposit.
  • Conducting due diligence.
  • Preparation and signing of all necessary documents (powers of attorney, affidavits, STA).
  • Closing of the transaction: payment, transfer of the company and corporate bank account, notification of the Czech National Bank, and handover of the complete set of documents.
Sale procedure

Terms of sale

The company is offered for EUR 300,000 (the final price is subject to negotiation).

The price includes:

  • Transfer of 100% of the shares in the legal entity with valid VASP registration to the purchaser
  • Company’s legal address for one year (from the second year, EUR 400 + VAT/year)
  • Full package of documents and developments related to the CASP licensing process
  • Transfer of control over the corporate bank account
  • Legal support of the transaction (notarial services and payment of state fees related to the company transfer)
  • Notification of the Czech National Bank regarding the change of ownership of the legal entity

The price does not include:

Support in the process of obtaining the CASP license is subject to individual assessment. Our team is ready to provide comprehensive assistance in finalising the CASP licensing process, either on an hourly fee basis or through a prepaid service package. Each case is reviewed individually.

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