Crypto-currencies are a unique means of payment, they aren’t represented as a specific form of banknotes or coins, but exist only as a digital means. In Czech Republic, all crypto-currencies are legal, and therefore there’ll be no problems with their use. They have the status of intangible movable property.
Our company is ready to provide you with professional assistance in establishing crypto-business and help to obtain an appropriate license. Our specialists possess extensive expertise in such area being aware of all nuances and subtleties of handling crypto-currencies in this country. We conduct professional activity in other areas, in particular, with gambling structures, Forex brokerage firms and others.
In the Czech Republic, cryptocurrency is not recognized as a financial instrument, and its sale, purchase or exchange for fiat money is not a financial service. Cryptocurrency is also not considered an investment tool here, so a special license is not required for operations with it. The Ministry of Finance of the Czech Republic recognizes cryptocurrency as an intangible asset, and its exchange for another asset or money does not require a license.
Four types of licensed activity covering deals with crypto-currencies exist:
Our specialists are reliable allies for businessmen intending to start business-projects and launch their commercial structures on the market. We help in establishment commercial structures in hundreds of jurisdictions, in particular, offshore.
Due to loyalty of legislative norms and provisions, and transparent tax system, Czech is appealing for enthusiasts in field of cryptography and IT.
Our specialists are ready to provide you with full assistance in launching a crypto-business in this jurisdiction. We will take care of all aspects of interaction with the regulator and preparing the company for launch. With us, you’ll quickly and safely become owner of a lucrative and efficient crypto-structure.
Resident and non-resident cryptocurrency firms must pay single corporate taxes at a rate of 19%. The 5% preferential rate of return is only available for investment funds. Income from passive sources (dividends, interest, royalties) is taxed at a standard rate of 15%, which can be reduced through the application of bilateral tax treaties.
Total cost is always calculated individually and depends on many factors, in particular, on the service range that the firm intends to offer, on scale of business-activities and other nuances. Our specialists calculate for you the real optimal cost and direct its efforts to the most accurate and efficient allocation of your budget. We are exceptional specialists in this field, working with any commercial industry and achieving the best results for our clients. Our task is fastest and correct junction of your business-structure to the market of your chosen country, to which we dedicate our expertise and professional background.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.