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 Czech crypto company 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 crypto license in Czech Republic.
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 and getting Czech crypto exchange license. 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 of opportunity to get crypto license in Czech Republic 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.
A cryptocurrency exchange is a platform through which it is possible to exchange cryptocurrencies among themselves. In addition, on crypto exchanges you can exchange cryptocurrencies for fiat money. In order to be able to operate as such an exchange, you must obtain the appropriate Czech crypto exchange license.
Cryptocurrencies in this jurisdiction are regulated by CNB (Česká Národní Banka) – the Czech National Bank. This institution also controls the activities of all firms that work with crypto-assets and provides crypto license in Czech Republic. In addition, crypto companies must strictly comply with the adopted European Directives regarding illicit circulation of funds and countering terrorist operations.
Trading operations with cryptocurrencies are not prohibited in the Czech Republic. One of the banks that is most supportive of cryptocurrencies and popular among entrepreneurs is CSOB. Companies are allowed to operate crypto-means if they have Czech Republic crypto license.
Cryptocurrencies in this jurisdiction are used for settlements and payments for business transactions. They are allowed to be exchanged among themselves, for fiat and stored as deposit funds in banks. Every Czech crypto company needs to possess special license.
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