Common reasons EMI applications get delayed (and how to avoid rework)
Most EMI delays aren’t caused by “slow regulators.” They’re caused by one thing: the application is not assessable as submitted. PSD2 is explicit that the authority communicates its decision within 3 months of receiving an application — or, if incomplete, within 3 months of receiving all required information. In other words, the clock is effectively […]
Are we a broker?
How prop firms avoid regulated activities — and where they accidentally cross the line Prop trading firms often feel like brokers from the user’s perspective: accounts, platforms, “funding,” payouts, rules, risk limits. But regulators don’t look at UI. They look at what you actually do and who the client is. In the EU, the perimeter […]
EMI passporting across the EU
How to expand from Czechia into other Member States (agents/branches, notifications, governance) A Czech Electronic Money Institution (Electronic Money Institution, EMI) can, in principle, scale across the EEA without obtaining a new licence in every country — but only if the expansion is built within a formal passporting procedure and a correct operating model. In […]
EMI Licence in the Czech Republic: 2026 Guide
Why Czechia in 2026 In the Czech Republic, obtaining an EMI License for an Electronic Money Institution is supervised by the Czech National Bank (ČNB / CNB) under the Payment System Act. The application for an emi license is handled as a formal administrative procedure and must be submitted electronically via the applicant’s corporate data […]
How Accounting Outsourcing Supports CASP/EMI Licensing
The European financial market is becoming increasingly regulated, especially for businesses working with crypto-assets and electronic money. Companies seeking to operate as Crypto-Asset Service Providers (CASPs) or Electronic Money Institutions (EMIs) face strict licensing requirements from regulators such as the Czech National Bank (ČNB) and other EU supervisory bodies. Among the key conditions for obtaining […]
Company Formation with Nominee Services: Pros and Cons
When setting up a company abroad, many entrepreneurs consider nominee services as a convenient solution for privacy, compliance, and faster incorporation. This option allows appointing a nominee director or shareholder to act on behalf of the beneficial owner. However, while it offers clear advantages, nominee arrangements also come with potential risks. Let’s take a closer […]
Company Formation for Freelancers and Digital Nomads
Why More Freelancers Choose to Register a Company Abroad For freelancers and digital nomads, forming a company is more than a legal formality. It’s a path to credibility, tax optimization, and global scalability. While remote work allows you to live anywhere, running your business under a registered legal entity helps you open international bank accounts. […]
How Outsourced Accounting Helps After Company Formation
Forming a company is only the beginning of the business journey. Once all incorporation documents are signed and your company is officially registered, the real work starts — maintaining financial control, meeting tax obligations, and ensuring long-term compliance. This is where outsourced accounting becomes not just helpful, but essential. 1. Beyond Incorporation: The Next Step […]
Company Changes Filing Procedure in the Czech Republic
If you run a company in the Czech Republic, sooner or later something will change — your office address, director, shareholders, or maybe your share capital. Whenever that happens, you need to make it official. Czech law requires every company to file those changes with the Commercial Register (Obchodní rejstřík), the country’s central database for […]
Common Mistakes in Company Formation and How to Avoid Them
Starting a new company is an exciting step — but even a small legal or financial mistake at the formation stage can create long-term problems. Many entrepreneurs rush through registration, underestimate compliance duties, or choose the wrong structure for their goals. To build a successful and compliant business, it’s crucial to understand the essential steps […]
Digitalization of Accounting in the Czech Republic: Outsourcing in the Age of Automation
A new era for Czech businesses Accounting in the Czech Republic used to mean piles of paper invoices, manual entries, and long visits to your accountant’s office. Fast-forward to today: digitalization is transforming how companies keep their books, pay employees, and file taxes. For entrepreneurs and SMEs, the shift is not just about technology—it’s about […]
Shareholder Change Registration in the Czech Business Register
Professional and Reliable Corporate Support Businesses regularly adjust their ownership structures by adding investors, transferring shares, or reorganizing equity. When handling shareholder change in the Czech Republic, companies must follow formal requirements that go beyond internal agreements. To be legally valid, they must be officially registered with the Czech Business Register (Obchodní rejstřík). At AMS, […]