# Crowdfunding Service Provider authorization under ECSPR (povolení k činnosti poskytovatele služeb skupinového financování) (Czech Republic)

Source page: https://protegra.io/licensing/licences/lending/czech-republic-crowdfunding/

The Crowdfunding Service Provider authorization under ECSPR (povolení k činnosti poskytovatele služeb skupinového financování) is issued by Czech National Bank (CNB) under Regulation (EU) 2020/1503 on European crowdfunding service providers (ECSPR). It can be passported to the other EU/EEA states by notification. The official register lists 5 current holders. The legal decision period is 3 months from receipt of a complete application. The application fee is CZK 20,000. Ownership changes need the regulator's approval before completion.

## At a glance

| Official name | Crowdfunding Service Provider authorization under ECSPR (povolení k činnosti poskytovatele služeb skupinového financování) [1] |
| --- | --- |
| Issued by | [Czech National Bank](https://protegra.io/licensing/regulators/cnb-czechia/) |
| Jurisdiction | [Czech Republic](https://protegra.io/licensing/jurisdictions/czech-republic/) |
| Licence family | [Lending / consumer credit](https://protegra.io/licensing/licences/lending/) |
| Legal basis | Regulation (EU) 2020/1503 on European crowdfunding service providers for business [2]; Act No. 257/2016 Coll. on Consumer Credit [3] |
| Passporting | EU/EEA passport available |
| Application fee | CZK 20,000 [4] |
| Statutory decision time | 3 months from receipt of a complete application [2] |
| Public register | [official register](https://www.cnb.cz/export/sites/cnb/en/supervision-financial-market/.galleries/aggregate_information_financial_sector/financial_market_supervision_reports/download/fms_2024.pdf) [5] |
| Current holders | 5 [5] |

## What it lets you do

- [Crowdfunding services](https://protegra.io/licensing/activities/crowdfunding/)

- **Crowdfunding services.** Matching business funding interests of investors and project owners through a platform, by facilitating loans or placing securities.

## Where it is valid

_Issued in Czech Republic (gold); can be passported to the other EU/EEA states (blue) by notification._

## Cost

_Regulatory costs from the official sources above. Professional fees, staff, office and audit come on top and depend on the business model._

## How long it takes

Statutory: 3 months from receipt of a complete application [2]. Observed: not published. The statutory clock usually starts only when the regulator treats the application as complete, and pauses while it waits for answers to its questions.

## Buying a company that already holds it

**Prior notification with an objection period.** Under Section 18 of the Payment Systems Act (Act No. 370/2017 Coll.), any person or persons acting in concert intending to acquire, dispose of, or increase a qualifying holding in a payment institution or electronic money institution reaching or exceeding 20%, 30%, or 50% of voting rights or capital, or become the controlling person, must notify the CNB in advance via electronic filing. The CNB assesses the trustworthiness and suitability of the proposed acquirer within a statutory 60-working-day window and may initiate proceedings to issue a formal objection (vyslovení nesouhlasu). In the absence of an objection or upon affirmative notification, the acquisition may proceed. Acquiring qualifying holdings in breach of notification or objection leads to statutory forfeiture of voting rights. In contrast, for banks and investment firms under Act No. 21/1992 Coll. and Act No. 256/2004 Coll., prior approval (předchozí souhlas) is required subject to a CZK 20,000 fee under Item 66 of Act No. 634/2004 Coll. Small-scale providers (PPSMR/VEPMR) are exempt from change-of-control clearance. [6]

## Laws behind it

- [European Crowdfunding Service Providers Regulation](https://protegra.io/licensing/laws/eu-ecspr-2020-1503/): Regulation (EU) 2020/1503

## Sources

1. [cnb.cz: licensing and approval proceedings](https://www.cnb.cz/en/supervision-financial-market/conduct-of-supervision/licensing-and-approval-proceedings/): retrieved 2026-09-24
2. [eur-lex.europa.eu: TXT (32020R1503)](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32020R1503): retrieved 2026-09-24
3. [zakonyprolidi.cz: 2016 257](https://www.zakonyprolidi.cz/cs/2016-257): retrieved 2026-09-24
4. [zakonyprolidi.cz: 2004 634](https://www.zakonyprolidi.cz/cs/2004-634): retrieved 2026-09-24
5. [cnb.cz: fms 2024 (PDF)](https://www.cnb.cz/export/sites/cnb/en/supervision-financial-market/.galleries/aggregate_information_financial_sector/financial_market_supervision_reports/download/fms_2024.pdf): retrieved 2026-09-24
6. [zakonyprolidi.cz: 2017 370](https://www.zakonyprolidi.cz/cs/2017-370): retrieved 2026-09-24

Last verified 2026-09-24 · Author: Danil Marmysh · Reviewed by Anastasia Sidorenkova · © Protegra. Data: CC BY 4.0, cite "Protegra Licensing Atlas". Not legal advice.