Slovak company with MiCA CASP status: a ready-made crypto business in the EU

Slovakia as a Hub for Crypto Business

Establishing a company in Slovakia can be a practical solution for entrepreneurs planning to operate in the European crypto-asset market. Of particular interest is the opportunity to acquire a 100% stake in a Slovak company (structured as an *s.r.o.*) that has already obtained CASP authorization from the National Bank of Slovakia (NBS) in compliance with the MiCA regulation.

This approach allows one to bypass the process of building a crypto business from scratch and instead acquire a ready-made structure prepared for operations within the regulated EU environment. Upon completion of the transaction, the investor gains the ability to expand the company's operations and utilize the service-provision mechanisms established by MiCA for the European market.

Scope of Services Covered by the License

The company holds a Class 2 CASP authorization, covering a wide range of crypto-asset operations. Specifically, this includes the custody and administration of crypto-assets, the exchange of cryptocurrencies for fiat currency (and vice versa), the execution of client orders, portfolio management, and advisory services.

This suite of authorized services enables the company to serve as a foundation for developing a crypto exchange, a custody service, an investment platform, or another fintech project targeting EU clients.

Ready-Made Infrastructure and Compliance

One of the primary advantages of an established business is the existing corporate structure, local presence, and operational infrastructure. The company also maintains established relationships with payment institutions and banks interested in serving crypto-industry projects.

Compliance with the Digital Operational Resilience Act (DORA) is another crucial factor. For crypto companies, adhering to requirements regarding cybersecurity, risk management, and IT infrastructure resilience is a vital component of regulatory readiness.

Entering the EU Market

Acquiring a licensed Slovak company significantly reduces the time required to launch a project compared to setting up a business and navigating the authorization process from scratch. Instead of the lengthy process of establishing corporate, technical, and compliance infrastructure, the investor acquires a ready-made foundation for future growth.

Slovakia is also attractive in terms of operating costs and the availability of skilled professionals—factors that can be particularly important for companies planning a long-term presence in the EU.

Acquiring a Ready-Made Company

For entrepreneurs seeking rapid entry into the European crypto-asset market, acquiring a ready-made CASP in Slovakia offers an alternative to the lengthy independent licensing process. However, prior to closing the deal, it is essential to conduct legal, corporate, and regulatory due diligence on the company, including an assessment of the license, ownership structure, substance, and existing liabilities.

IT-OFFSHORE offers the opportunity to purchase a ready-made Slovak company holding a CASP authorization under MiCA. This option enables the acquisition of a structured crypto business within the EU, allowing the existing regulatory and operational infrastructure to be leveraged for the project's further development.