Apply for Czech EMI License 2026

• The first step is to conduct a consultation in order to understand your business goals, legal requirements, and licensing needs. Our team at Tetra Consultants will also ensure that your business model fits with the EMI (Electronic Money Institution) license conditions.  

• Tetra Consultants helps you to register a legal entity in the Czech Republic. Our lawyers and licensing specialists also drafts a detailed business plan, financial projections, articles of association, and secure a registered physical office address on your behalf.  

• The Czech Republic allows incorporation with a minimum share capital starting from as low as 1 CZK, making it highly accessible for entrepreneurs to establish a legal entity before scaling up to meet EMI capital requirements. 

• After incorporating your company, our team works on collecting the following documents: 
  • Company registration papers 
  • AML/KYC policies 
  • Evidence of the initial capital  
  • Information on directors/shareholders (CVs, criminal record checks, necessary qualifications, and experience) 
  • Description of operational controls and risk management  
  • Details of IT and security infrastructure 
  • Business and the financial plan for the next three years  

• Implementation of advanced compliance technologies, including KYT (Know Your Transaction) tools for blockchain monitoring, transaction screening, and risk detection to ensure compliance with AML and MiCA requirements when handling digital assets. 

• After collecting the documents, our team then moves ahead with submitting your business license application electronically to the Czech National Bank (CNB). We include all the relevant documents to ensure that there are no delays.  

• The CNB then reviews your business application, evaluates your business and financial plan, and also conducts relevant background checks on the directors and shareholders. 

• The CNB may also request additional documents or raises questions. Tetra Consultants communicates with the CNB on your behalf, responds to any queries, and provides clarifications if required.  

• Additionally, our accounting and tax team will also be handling all your filings and tax obligations to seamlessly obtain the Czech EMI License. 

• In this step, you need to deposit the necessary share capital in the bank account of the company. Tetra Consultants provides corporate bank account opening services and helps you open a corporate bank account. After depositing the funds, you can set up your technological infrastructure.  

• Upon approval, you will receive the EMI license from the CNB. This allows you to begin your operations. Tetra Consultants provides regulatory compliance consulting services, and our experts will help you to maintain regulatory compliance, submit regular reports, and financial statements to the CNB.  

Advantages of the Czech Electronic Money Institution License

• The Czech EMI (Electronic Money Institution) license provides major benefits for businesses focusing on offering electronic payment services and e-wallet solutions across the EU and beyond. Here are the main advantages of the Czech EMI License: 

Full EU passporting  

• Through the Czech EMI License, your business can operate not just in the Czech Republic but also in the entire European Union. This offers wide market access and the chance to attract consumers from all the EU member states without any need for additional local licenses.  

Efficient regulatory process 

• Getting an EMI license in the Czech Republic is usually considered to be a straightforward and less bureaucratic process when compared to other countries in the European Union. Furthermore, the application and business process in the Czech Republic are more business‑friendly, leading to more investors opting to register company in Czech Republic. 

Attractive business environment  

• The Czech Republic also has a favorable business climate that has low taxes, a skilled workforce, and an efficient process of company registration. This makes the Czech Republic suitable for both startups as well as established fintech.  

• Furthermore, the implementation of the eIDAS Regulation across the European Union further strengthens digital onboarding, electronic signatures, and secure cross-border identity verification, making the Czech Republic an advanced jurisdiction for fintech innovation. 

Reputable and stable  

• The Czech Republic is known for its stable and reputable jurisdiction, along with a strong legal framework, which improves the standing and credibility of your organization with its partners and clients. Furthermore, the Czech Republic is a member of the European Union and the North Atlantic Treaty Organization (NATO), which further reinforces stability. 

No customer or employee location restrictions  

• Companies can easily attract clients from across the world, as well as locate their employees as they can see fit. There are no EU-imposed limitations on the consumer base or the workforce location.   

Costs and timeline for getting the Czech EMI License

• Tetra Consultants will help you in registering your Czech entity within 3 weeks of getting all the necessary due diligence documents. Our team will also prepare your AML/CFT policies, secure a physical office, and also appoint a local director and AML/CFT officer. We will also submit your complete EMI license application to the Czech National Bank.  

• The approval process usually takes 8 to 10 months, based on your application and if there are any queries. Once the license is provided by the CNB, our team will then move ahead to open a corporate bank account for your company, which usually takes an additional 3 to 4 weeks. Overall, the entire procedure takes approximately 9 to 12 months from beginning to end.  

• The total cost of getting a Czech EMI License is based on multiple factors like the scope of services, business structure, and the support level needed. At Tetra Consultants, we follow a transparent fee structure with no hidden charges. All our prices are communicated to you during the initial consultation, so you know exactly what you are paying for. 

Crypto activities alongside Czech EMI License

• For businesses looking to offer cryptocurrency services alongside an Electronic Money Institution (EMI) license in the Czech Republic, it is mandatory to obtain separate authorizations as a Crypto-Asset Service Provider (CASP) under the EU’s Markets in Crypto-Assets Regulation (MiCA) regime. The MiCA regulation, which is fully applicable within the EU as of December 30, 2024, provides a uniform regime for the issuance, trading, custody, and other services of crypto assets, ensuring the protection of consumers, the integrity of the market, and financial stability. This implies that Czech EMI License holders cannot offer cryptocurrency services under the existing payment institution license. Dual licensing is required to be obtained to fulfill the requirements of the payment services regime as well as the cryptocurrency regime. 

• MiCA has identified eight major crypto services which fall into the following eight core business areas, which require CASP authorization: 
  • Custody and administration of crypto-assets 
  • Operating trading platforms for crypto-assets 
  • Exchange of crypto-assets against fiat currencies 
  • Exchange of crypto-assets against other crypto-assets 
  • Execution of orders on behalf of clients 
  • Receipt and transmission of orders 
  • Placement of crypto-assets 
  • Portfolio management and advisory services 

• If you have a Czech EMI License or are looking to apply for a Czech EMI License and want to offer services such as crypto exchanges, stablecoin services, NFT exchanges, DeFi staking services, or token advisory services, we can help you apply for a Czech Crypto License. 

Essential MiCA requirements for Czech Crypto Services:

CASP licensing:  

• Crypto exchanges operating in Czech Republic need to apply for a full Crypto-Asset Service Provider License with the Czech National Bank, which has replaced the previous requirement for registration as a VASP. The application deadline was July 31, 2025, for existing companies to continue operations. 

Capital requirements:  

• The minimum capital requirement varies between €50,000 to €8 million depending on services such as custody, trading, or exchange operations to ensure financial stability. 

AML/KYC and governance:  

• Develop an efficient AML/CFT framework, including transaction monitoring, KYC measures, risk management practices, and fit-and-proper criteria for management. 

• Licensee will also have to opt for an integration of digital identity verification tools such as Bank ID (Bankovní identita), which is a widely adopted electronic identification system in the Czech Republic, enabling secure and compliant remote customer onboarding.  

• Compliance with the eIDAS Regulation, ensuring that electronic identification, signatures, and trust services meet EU-wide standards for secure digital transactions. 

Client and IT safeguards:  

• Ensure proper client asset segregation, insurance, and IT infrastructure with cybersecurity measures, back-ups, and business continuity as per MiCA and DORA. 

How can Tetra Consultants help with the Czech Electronic Money Institution License?

• The process to get a Czech EMI License consists of complex regulatory requirements, strict documentation standards, along with ongoing compliance regulations. At Tetra Consultants, our team effectively understands your business model to ensure that you fully adhere to the Czech and EU regulations throughout the licensing procedure. Here is why our clients choose us: 
  • End-to-end support- Our team manages all the processes effectively, from start to end.  
  • Nominee and local director services- Our team provides you with qualified directors and nominees in order to fulfill the regulatory obligation.  
  • Post-licensing support- Our team offers continuous advisory for audits and compliance. 
  • Company incorporation services- Our team helps you to set up your Czech legal entity, along with a registered office.  

Looking to obtain a Czech EMI License

• Tetra Consultants works as your advisor and trusted partner in your business expansion and payment license. With our own team of lawyers, licensing specialists, compliance team, and accountants, we tell our clients what they need to know, instead of what they want to hear. Most importantly, we are known for being a one-stop solution for our valued clients.   

• Getting a Czech EMI License is a credible move for companies involved in the fintech sector of the Czech Republic. With the help of this license, you can easily expand your presence in the European Union, allowing you to offer regulated financial services and issue electronic money throughout the EU.  

• At Tetra Consultants, our team of lawyers and licensing specialists simplifies your journey to get the Czech EMI License by providing you with ongoing support throughout the application process, along with post-regulatory compliance support. Additionally, our tax and accounting experts will also be handling all your filings and tax obligations. 

• Contact us, and our team will get back to you within 24 hours.  

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