The Czech Republic has become an attractive destination for fintech companies seeking an Electronic Money Institution (EMI) License. In this article, we will delve into the EMI License landscape in the Czech Republic, its benefits, and the process involved in obtaining the license.

Benefits of EMI License in the Czech Republic

  1. Fintech-Friendly Regulatory Environment:
    • The Czech Republic has implemented progressive regulations that foster fintech innovation.
    • The regulatory framework provides clarity and flexibility for EMI License holders, allowing them to offer a wide range of financial services.
  2. Access to the European Single Market:
    • As a member of the European Union (EU) and the European Economic Area (EEA), the Czech Republic provides EMI License holders with access to the European single market.
    • This enables cross-border operations and the ability to offer services to customers across the EU and EEA.
  3. Growing Fintech Ecosystem:
    • The Czech Republic has witnessed the rapid growth of its fintech ecosystem, with numerous innovative startups and established players.
    • Being a part of this dynamic ecosystem allows EMI License holders to tap into a supportive network, collaborate, and contribute to the development of the industry.

Obtaining an EMI License in the Czech Republic

  1. Eligibility Requirements:
    • The applicant must be a legal entity registered in the Czech Republic.
    • The applicant must meet the financial stability requirements and have sufficient initial capital.
  2. Application Process:
    • Prepare the necessary documentation, including a detailed business plan, shareholder information, and compliance policies.
    • Submit the application to the Czech National Bank (CNB) along with the required fees.
  3. Due Diligence and Assessment:
    • The CNB conducts a thorough review of the application, including background checks on directors and shareholders.
    • The applicant may be requested to provide additional information or clarifications during the assessment process.
  4. License Issuance:
    • Upon successful completion of the assessment, the CNB grants the EMI License.
    • The license holder must comply with ongoing reporting requirements and regulatory obligations.


Obtaining an EMI License in the Czech Republic provides fintech companies with a gateway to the European single market and a supportive regulatory environment. The growing fintech ecosystem in the country offers numerous opportunities for collaboration and innovation. By acquiring an EMI License in the Czech Republic, fintech companies can unlock their potential, expand their operations, and contribute to the evolving landscape of digital finance.

от Avtor

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