The number of Sub-licensing gaming companies in Curacao is around 2000. Confidentiality: The attorney-client relationship privileges your information, ensuring its strict confidentiality. The Pre-approval is normally granted within 24 hours. The basic license costs around €17,500 up-front, plus a sliding rate based on revenue which can top out at €750,000. The National Ordinance on Offshore Games of Hazard came into. The license is granted with less strict testing, less time is needed for the application to be analyzed, and the license costs less money. It is a globally politically stable iGaming regulator, that issued over 450 licenses to operators throughout the years. It takes a lot of documents to get a. Curaçaoan license holders C. Learn how!. We proudly present our array of offerings: A-to-Z process for Curacao New License Applications. The Anjouan online gambling license offers a range of compelling advantages that make it a superior choice for operators seeking a credible and cost-effective licensing solution. Many large online casino brands operate within the Curacao gambling license. No need to pay VAT; profit tax rate is 2%. They are well equipped and structured to offer support to the gaming industry. At the same time, the license is deemed highly credible and is frequently used by top B2B and B2C iGaming brands. 1st September 2023 | By Marese O'Hagan. With that in hand, you are free to offer the full spectrum of gambling games and carry out any online gambling service provision activities from within Curacao. Gaming License + NV Incorporation. Mendelson says it is one of the most cost-effective licenses, with low renewal fees, and no gaming taxes like in other jurisdictions. L. Cost of License Renewal: From £5,000 to £50,000, depending on the type of license purchased. Gaming. A gambling licence is a prerequisite for an online casino business as it provides a legal basis for online casino operation. Each country sets its own cost for issuing an online gambling license, and may also charge for renewal. The cost to register a company in Curacao can vary depending on the type of company, complexity of the structure, and the additional services required. Put differently, the Curacao gambling license is the most used and affordable in the world. This category includes operators currently offering online gaming services in Curaçao under a contractual agreement with an existing license holder. Malta Gaming Authority online gambling license facts: Date started issuing licenses: 2004. For example, see our detailed information on the Curacao Gaming License costs. In order for the licensing application. lv – Massive jackpot slots with a Curacao license. The government of Curacao is in the process of modernizing its gambling legislation to bring it in line with international standards and to adopt a responsible. players who have excluded themselves from participation as long as the self-exclusion period is in place. The certificate allows you to perform activities in any format: betting, sweepstakes, poker rooms, traditional online casinos, and much more. A Curacao gaming license offers numerous advantages, including global business opportunities due to its wide acceptance and reputation. Learn about the requirements to get an online gaming license. 25%. We would like to show you a description here but the site won’t allow us. Curacao gaming license offers only one type of license to permit operators and software providers deliver sports betting, games of skill and chance. Creating the Curacao Gaming Authority to supervise and oversee all licensing and gambling activity in the country;. V. The LOK will eliminate the long-standing Master-License / Sub-License schematic of eGaming Curacao. Bingo is an exciting game that gives your online casino an additional competitive edge. + Follow. They have the option to apply for a Curacao online gaming license under either the current NOOGH regulations or the future LOK. At iGaming Express, we specialize in obtaining your Curacao online casino license and offering a wide range of e-gaming options. Second, it is important to centralize the process from the Curacao government, so that the CGA can supervise licensed operators and. Malta Gaming Authority issues licenses that permit both fiat and crypto gaming. These background checks help casinos and license issuers verify your credibility and integrity. 2023 . Features of the Curaçao taxation. The Gambling Commission issues 2 types of permits: Master License. If you want to sit back and relax during the whole ordeal, this is. Posted on: July 11, 2022, 06:10h. Kahnawake. Curacao Gaming License: Complete Review. Type 1 licenses will cost €2,330, Type 2 licenses will cost €1,165, and Type 3 licenses will cost €4,660 as of September 2021. Undoubtedly, it would be perfect if every internet gambling operator. Client’s market of operation is understood and analyzed. With the island's independence came about a massive boom in Curacao casinos. Once you’ve submitted your application, the gaming authority will have to review it before they can approve it. This demand is due to many factors. A fixed annual licenсe fee – €25,000; flexible taxation – 0. When discussing the top crypto casino sites, they must mention the withdrawal limitations from. Here is my first video on How to get a Curacao Gaming License Fast in 2023 for your Online Gambling business. The portal shall open for registrations on November 1, 2023. Here is what I will shar. Gaming. The company had a requirement to receive payment from their merchant account provider from players residing outside of the EU. in order to get a more complete picture of the online gaming sector of Curacao. Learn what it means and discover its pros and cons in our guide. The first reason why it is important to have an online gambling license on your betting site is credibility. 7. Curacao Gaming License obtaining is an important step to e-gambling. Curaçao is a pioneer in the continent in offering gaming licenses, which added to the fact that it belongs to the Kingdom of the Netherlands makes it the leading actor with the highest index of political and legal stability to invest in this area. In 2001, the Curacao Internet Gaming Association (CIGA) was established. retail and online sports betting, fantasy sports (DFS) CPA ( vendor minor ) license - $350 - Revenue share ( vendor major ) - $1,200 & charges for background checks. Due to its flexible and friendly gambling laws and regulations, Curacao has become a popular destination for online gambling enthusiasts. Curacao is well known for its affordable pricing, low tax rates, and moderate requirements for obtaining gaming licenses. Online casinos operating under a Curacao license must host their server on the island, have a local as a director, and meet other requirements. If you want to offer a casino from Curacao, this is the license you will apply for. This is one of the four countries within the Kingdom of the Netherlands. Online gambling is one of its central industries, and it began licensing companies for betting and gaming back in 1996. I’m ready to get the license. Curacao is a subject of the United Kingdom of the Netherlands. V. "All five Curaçao 'master license holders' for online gaming have a valid license," was the. Curacao, on the other hand, has cheaper options and only needs one license to cover all types of gaming, which is why startups like it so much. The CGC works to monitor all businesses offering online gambling to ensure they operate according to regulations and standards. Among other things, the following key conditions must be met. in the interest of more effective supervision based on the NOOGH, the Ministry of Finance is creating an official register of all parties that operate under the existing. Curaçao eGaming is the company that regulates internet gaming in Curaçao. For all license holders, the license fee amounts to ANG 96,000 per year (approximately EUR 49,000). Apart from that, there are different types of background checks you can expect if you wish to work in the gaming industry. The purpose of this new legislation is primarily to strengthen the Curacao license by imposing higher barriers to entry for operators, aligning the Curacao license with counterpart licenses in EU jurisdictions. Online gambling licensing and regulation in Curacao How to verify a Curacao E-gaming (Cyberluck Curacao N. Since its establishment in 1996, the Curacao e-Gaming License Authority has grown to accommodate one of the largest gaming license demands in the world. Online gaming operators need a Curacao Gaming License to operate legally and offer their services to players in other countries. The licensing framework seeks to regulate and oversee these activities in order to ensure fair play, player protection, and the prevention of illegal operations. All eGaming operators who hold a valid license from Gaming Curacao are required to display a seal on their website, which is provided by us and which acts as proof of the validity of the license. Most countries charge a flat rate on retained gambling revenue, which is the difference between bets wagered and payouts. In conclusion, a Curacao gaming license provides prospective online gaming operators with an efficient and cost-effective way to expand into multiple jurisdictions. Save time. The 2023 Curacao Gambling License Fees Get your new Curacao gaming license through us and enjoy the best price and service. When you have a Curacao online gambling license, the Curacao Gaming Control Board defines 0% corporate tax and gambling revenue tax as long as it is. Curacao Interactive Licensing N. Online gaming is an authorized and tax-free offshore monetary activity in the three C’s of online gambling: Comoros, Costa Rica, and Curacao, with the contracting company in Cyprus. The Anjouan gaming license encompasses a vast array of gaming activities, such as online casinos, sports betting software, lottery services, and other forms of interactive gaming. In 2002, the island gave the responsibility to the online casinos to get licensed. Curacao Gaming. You will have a fixed annual payment plan via a White Label Agreement. Curacao is a Caribbean island and a constituent country in the kingdom of the Netherlands. There are only a few master licences, and most operators use a. Case 1 – Overcoming banking restrictions in Malta that were blocking e-gaming companies. . With its accessibility, coverage, quick processing times, cost-effectiveness, and zero gaming tax on gross gaming revenue, Anjouan provides a favorable alternative to other jurisdictions like Curacao. In this article, we examine the Curacao gaming license, its history, the benefits it offers, and the. The GCB’s evaluation during the licensing process focuses on the integrity of the applicant, its financial integrity, and its delivery channels’ accessibility. Colorado. Curaçao Government Approves Sweeping Licensing Reforms in Online Gambling Hub. As each operator may control more than one casino brand, you can find more than a thousand Curacao online casinos on every. Malta has a long history in gaming legislation. Offering the latest technology, the fastest internet connections and a guaranteed uptime of practically 100%, eGaming operators can rest assured that their gaming servers. GBO's Curacao complete package: New License procedure: New Curacao gaming license applications, application submission, Document collection, document preparation. Curacao offers a Master License that is Sublicensed by the Master License holder. Curacao Sub-licenses are to be renewed until the beginning of 2024. Second, it is important to centralize the process from the Curacao government, so that the CGA can supervise licensed operators and. Curaçao eGaming is a leading master license holder of Curaçao offering gaming license to run e-gaming operations. However, for that price, you will will get at least: Professional consultation. Without a license, online gaming operators could face legal. the registration of operators that are currently offering online gaming in Curaçao on the basis of a contractual. The Anjouan Gaming License is the ideal choice for startups and established entrepreneurs. The island legalized online gambling in 1993 and founded the Curacao Gaming Control Board in 1999. November 2, 2023. The new C2B Curacao gaming license explained. License cost. Many big online casinos serve under the license of Curacao Gambling Authority. The casino has a valid Curacao online gaming license and employs the most recent SSL encryption technology on the site. Fee: EUR 17,900 per. Curacao Gaming License Read More. These bookies all have an active license issued by the Curacao eGaming Licensing Authority. Undoubtedly, it would be perfect if every internet gambling operator. If you make a quick scroll on some of the world’s biggest online casinos’ websites, you will immediately see the Curaçao Gaming License stamp somewhere on. com; Payout time: 15 minutes (fastest cryptocurrencies) Established: 2022; License: Curaçao Gaming Control BoardDue to it being one of the oldest jurisdictions on Planet Earth, the Curacao gaming license enjoys respect and recognition within the gambling industry. Now, the world’s most favoured and reputable licenses are Malta, Kahnawake Gaming Commission, Curacao, the UK, Jersey, and Costa Rica which doesn’t require any license at all and is crypto. Published Aug 30, 2023. 1993, no. While the bureaucratic nightmare of applying for a license may seem daunting, this article will guide you through every step of the gambling license acquisition process in Curacao. It is one of the most affordable in the established gaming jurisdictions, with a Curacao gaming license price of around €20000. Cost-effective and doable. Curaçao is set to drastically reform its entire online gambling regime, setting up a new licensing body – with higher barriers to entry and the ability to cooperate with other regulators to tackle illegal gambling – to replace master licences. 250% Extra + $125 Free Chip!Gambling sites holding a valid license from the Curacao Gaming Authority are known as Curacao online casinos. SEPA transfers are similar to domestic transfers despite being possible between different countries within the SEPA area. The Curacao sub-license allows the holder to offer online gambling services from Curacao. Compliance with these rules is mandatory and will be checked by the owner of the major permit that licenses you. Also, one of the most affordable online gaming licenses in the world is the Curaçao gaming license. V. . what we offer Efficient and organized structures for your international affairs by facilitating your access to the appropriate financial and legal instruments. The Isle of Man authorities have defined a gaming tax that must be paid by all gaming companies but it is between 0. Back in 1993, Curacao created some of the first legislation in the world regulating the online gambling market. The Curacao casino sublicense is also issued for all types of gambling operations. We'll help you start a company, Local director, AML framework, Local auditors, handle license applications, get the necessary licenses, set up your systems, connect with banks, and add crypto wallets. The following online poker sites accept players from. 2023: New License procedure: New Curacao gaming license applications, application submission, Document collection, document preparation. We have Offshore Gaming Licenses in many jurisdictions like Comoros, Curacao and Costa Rica. The Curacao gaming license list quickly became extensive, as they offered a one-size-fits-all license, a comprehensive solution that covered all types of online gaming activities. This fee is paid in monthly installments of ANG 8,000 per month (around EUR 4,100). The minimum share capital required for a Class 1 license is €100,000. Renowned throughout the world, a platform operating under the supervision of the Malta Gaming Authority will find many doors opened to them. Profitable price for the gaming, betting industry. The Curaçao Gaming Control Board (GCB) will commence. Since then, Curacao has become a go-to place for startups and entrepreneurs looking for licensing for their online platforms. After the establishment of the Curacao Gaming Authority back in 1996, the license was awarded to hundreds of casinos from all over the world, gradually. Ignition is an online Curacao casino that launched in 2016. I. On top of this expense, Malta gaming corporations have to pay a standard corporate tax of 35% on profits. GamingLicensing is a member of eGamings Group — one of the leading providers of innovative gaming solutions for remote and land-based businesses. Here is an overview of the Curacao online gaming industry: Licensing: Curacao offers a single license type for all interactive e-Gaming, including casinos, sports betting. So what sets this license apart and makes it a favorite choice for the burgeoning gambling. The government offers a wide range of services to any operator who meets the. The yearly bill ends up being €17,900 + 6% sales tax. Apply for hassle-free and reliable Curacao gaming license. Curacao Casinos FAQs. Conclusion. Gaming. With an easy application process and affordable fees, the CEG Gaming License is the easiest route of getting an online gaming license. The island’s licensing regime was notable for its extremely. The gaming industry has been expanding in Curacao since 1966. The Curacao Gaming Control Authority handles issuing e-gaming licenses. The GBO team will be happy to assist you to obtain a Curacao gaming license for your needs throughout our wide network of banks, payment processors and gaming regulators. Without a license for online games, there is no confidence and security for the player. 2. It takes a long time to get a license, almost 2-3 months, the rental is much faster. Sub License. Latest Casinos with a Curacao Licence 2023. The early days of June brought up news of some perturbation to one of the most liberal and, thus, preferred gambling jurisdictions in the world. We license all game events, including blockchain projects. Curacao has taken another major step in a regulatory overhaul of its online gaming industry. The Landsverordening op de Kansspelen (LOK), known as the Curaçao National Ordinance on Games of Chance, came into effect in September 2023. Any operator holding a current Curacao license would have the opportunity to convert it into a license under the new regime over 12 months. The Malta gaming license is the industry gold standard. Top Casinos List;. The initial setup, integration, and a selection of games are typically included in this one-time fee that you pay to purchase the software. We can help you obtain your online gaming license, WhatsApp us: +972504938469, email us: info@gbo-il. V. Offering New Curacao Gaming License Application Process; Cost-Effective Gaming Licensing Solution for an Indian Client; Switching the Curacao gaming license to Ajouan gaming license; Setting up online casino from scratch; Bank Account for Malta Gaming Company; Bank Account for UK Curacao Online Gaming;. Also, the license fees for category 1 eGambling licence is £17,500, while the renewal costs £35,000. Our services include sports betting, roulette, poker,. Yes, the Curacao gaming license can be issued to companies operating in the B2C and/or B2B markets. We have the seemingly wizened Curacaoan government to thank for it. Curacao Interactive Licensing N. Gaming. In 2002, the Curacao Gaming Commission was also able to decentralise from the Gaming Control Board. Starting September 1, 2023, the Curacao gambling landscape will significantly change as the government plans to implement stricter licensing rules. Situated off the coast of Venezuela, Curaçao is known as one of the most commonly used online gambling licensors since this island has been issuing e-licenses since 1996, longer than most other jurisdictions. The Curacao Gaming Commission regulates online gambling and the regulatory body in charge is the Curacao Internet Gaming Association. GBO offers New Licensing in Curacao Through the Curaçao Gaming Control Board (GCB) Our dedicated team has been a pioneer in delivering end-to-end solutions in Curacao since 2009. Number of licenses types: 4 (B2B and B2C) Average cost: €36,000. An online gambling company operating in Curacao enjoys a tax rate of zero and zero on corporate tax. More Detail 1. Thus we offer and suggest tailor-made solutions and services which perfectly fit your business needs. Offering New Curacao Gaming License Application Process; Cost-Effective Gaming Licensing Solution for an Indian Client; Switching the Curacao gaming license to Ajouan gaming license; Setting up online casino from scratch; Bank Account for Malta Gaming Company; Bank Account for UK Curacao Online Gaming; Gaming. 83. The island of Curacao offers two types of gaming licenses: a. In the UK, the initial fee for a gaming license can range from £2,933 to £63,671, plus annual fees. On top of this, operators will pay an extra $340 per qualified person and $275 per UBO. Curacao is a small Dutch island in the Southern Caribbean Sea. Gaming. The first step is to register a company with a domestic legal. Two domains and one validator. Many online casinos are called Curacao, meaning they obtain a license from the nation. Curacao authorities demand a gaming licence renewal on a yearly basis. The Curacao casino license was actually the only iGaming license at the time. 1668/JAZ) gambling license? Reliable E-Gaming online casinos (license checked) Legit verification domain name: validator. Gaming permit in Curacao. The Curacao Internet Gaming Association issues a Curacao Gaming License . curacao-egaming. We would like to show you a description here but the site won’t allow us. That means it has the authority to sub-license other operators intending to offer online gambling services in Curacao. Important: In 2022, Curaçao began to revise too-lenient licensing conditions. This measure "aims to benefit foreign regulators seeking better control over Curaçao-based offshore operators that have been. Curacao license is the most cost-effective and popular solution in the e-gaming industry. an employee or any key person of the company; d. CEG "Heartbeat" Seal Requests for October 2023: 640,507,604. We'll help you start a company, Local director, AML framework, Local auditors, handle license applications, get the necessary licenses, set up your systems, connect with banks, and add crypto wallets. We take care of the rest. Curaçao’s Gaming Control Board (GCB) has opened the application process for operators wishing to receive new online gambling licences from the regulator. Antillephone N. For more information, you can also read our overview of online gambling jurisdictions. B. Online gaming licenses are one of the most important factors in operating a bookmaker. Online gambling is an ever-evolving and highly dynamic multi-billion-dollar market. To obtain a Curaçao gaming license, operators must meet certain requirements. The LOK Gaming License is intended to replace the current system of core and sub-licenses, in which only four primary licensees have the authority to grant sub-licenses to operators. online sportsbooks only. Curacao, a constituent country of the Netherlands located in the southern Caribbean Sea, has established itself as a leading jurisdiction for online gaming operations. The online betting market is no different. Curaçao is an island that is part of the Netherlands. Fiscal benefits. We assist with opening B2B merchant account for online businesses such as affiliate business, e-commerce, trading, services, media, gaming and more Payment Service Providers (PSP) We assist to find and locate payment solutions that accept almost all kind of payments: credit cards, e-wallets, bank transfer, alternative , . In addition to the licensing application fee, annual fees are required. This is because of the ease of getting the online gambling sublicense and less strict regulations. the application for an online gaming license pursuant to the National Ordinance on Offshore Games of Hazard (Landsverordening buitengaatse hazardspelen, P. | Launched in Costa Rica in 1998, Fast Offshore is a business and corporate services advisory which continues to redefine the boundaries in corporate services, IP. Nevertheless, you can quickly find available promotions and the cashier, which is more than enough for a great start. Curacao . Without a doubt, Curacao is one of the cheapest jurisdictions to obtain a gaming license. Discover the top-ranking Curacao gambling sites that have earned our stamp of approval for November 2023: Tropical Wins Bookie. Curaçao was one of the first jurisdictions to recognize the potential of remote gaming and established its licensing regime in 1996 to cater to the gaming industry. Curacao, a jurisdiction located in the Caribbean, is recognized for its cost-effective and expedient licensing procedure. Moreover, the licence is intended to serve offshore online casinos and sportsbooks. They will also find it easier to open bank accounts, enter third party agreements, and offer services to international clients. The time it takes to obtain a Forex trading license in Dubai can vary, but it typically takes between 6 and 12 months. The purpose of this new legislation is primarily to strengthen the Curacao license by imposing higher barriers to entry for operators, aligning the Curacao license with counterpart licenses in EU jurisdictions. Applicants must submit specific forms, including an Online Gaming License Application Form, a Business and Corporate Disclosure Form, and a Personal History Disclosure Form. How many gaming site domains can be registered under a Curacao gaming license? The number of domains that can be registered under the license is unlimited and when issuing the license you can register 2 domains for free. Get professional technical support on any subject you encounter 24/7. Curacao is an ideal jurisdiction for obtaining an offshore gaming license. After September 1st, existing master license holders will still be able to grant sub-licenses in accordance with applicable. For the registration of. On top of this expense, Malta gaming corporations have to pay a standard corporate tax of 35% on profits. Curacao Gaming License is usually the go-to license for most online casino operators. Full legal package:. 1. We’ll guide you in setting up the required company structure for license registration, ensuring efficiency. The Curacao gaming license is known for its affordability and efficiency, allowing operators to offer a variety of online gambling services under one license. Currently it is being held by around 450 online casino operators. The company must meet the requirements of responsible gaming . The company started operations on August 2, 1994. iGaming Express provides comprehensive turn-key solutions, including Curacao gambling licenses for B2B and B2C operations, company formation services, assistance with bank account setup,. we specialize in obtaining your Curacao online casino license and offering a wide range of e-gaming options. Enter the Curacao Gambling License - a prime and popular choice amongst more than 450 online gambling operators worldwide. The SEPA zone includes 28 EU countries as well as Switzerland, Norway, Iceland, Andorra,. Registration of Company in Curacao. Curacao — Curacao’s eGaming is the country’s main regulator that issues a one-for-one type of license, which allows the licensee to operate online casinos, sportsbooks, bingo, or any other kind of sanctioned gambling business. The following is a table featuring the price tags for an established Curacao online casino with a license for bingo: Gaming License + NV Incorporation. Curacao eGaming has held an IP (Information Provider) master license since 1996 and has been providing compliance services on the online gambling world for over two decades. We license all game events, including blockchain projects. Having opened its doors in 2023, this Curacao-licensed casino offers. The approval will only grant the holder the right to operate games of chance, not to provide sublicenses; Curaçao’s new license will include clauses encompassing anti-money laundering and responsible gaming obligations. 5% of the gross gaming yield, rather than the total turnover. The current corporate tax rate for a gaming company incorporated in the Isle of Man is 0%. Operators holding a Curacao gaming license have the flexibility to offer a diverse range of gaming options. Notably, Curacao is a picturesque island located in the southern part of the Caribbean Sea. Malta Gaming License. Keep reading below to understand why. In Panama, anyone (human or corporate) wishing to apply for an online gaming license must first enter a contract with the Gambling Control Board, which will then issue a license to the operator. These include slots, casinos, poker, and live dealer games, amongst others. The impact of the Curaçao license on online casinos has been significant, as it has provided an environment that is conducive to the growth and development of the online gambling industry. Stepwise license acquisition plan is created by our team. The application process is straightforward and can be completed in a few weeks. These websites are the best choice among UK players because they offer top-quality features, including tight security, fast payments, fair games, and top-quality customer support. Online gaming licenses will only be granted to legal persons that are legally and effectively established in Curacao. Curacao license costs and fees initially come to approximately €20,000-€25,000 which is a reasonable amount in comparison. 2023. There are a number of popular online gaming license jurisdictions including Malta, the Isle of Man Gibraltar and Curacao. Regular Upkeep & Support. Curacao is the least expensive of the big 3 licensing options. Main advantages: The license can be implemented for any company located outside of Anjouan. and Cyberluck N. Since March 2020, the Curaçao Gaming Control Board (GCB) has been tasked with the licensing for and supervision of the online gaming sector on behalf of the Minister of Finance. This is fantastic news for operators, especially startups and entrepreneurs who will. Just 2-3 weeks for the complete licensing process. Characteristics of a Curacao Online Gaming License. They’re one of the most popular organizations in the world for acquiring a license to run an online casino for a variety of reasons, not the least of which is the slightly favorable tax rules that assist casinos save money. Curaçao company formation provides for territorial taxation. It is one of the most affordable in the established gaming jurisdictions, with a base cost of around €21,500. On condition that evidently, the e-gaming company has a currently viable offshore gambling or gaming license. Sub-license holders cannot sell additional sub-license to third parties. Once an online casino obtains its operating license from Curacao eGaming, there is very little left to question its legitimacy. There is a 0% game tax for the Curacao license. Curacao Gaming License. Before starting the business is good to understand how and where a curacao gambling license can be used and to understand the seven types of gambling jurisdictions. and Cyberluck N. The online casino license that Curaçao offers is now cheaper than other licenses, namely €21,900 + 6% tax. We can incorporate a Gaming Company in Curacao for you and obtain a Curacao e-Gaming License; or 2. Then in 1996, the authorities issued the very first online gambling license. Tax: 5% tax on revenue from Maltese players. The Curacao income tax is just 2% and is not subject to VAT or corporate profit tax. Establishing and managing a company in Curacao is streamlined, making it an attractive jurisdiction for the gaming industry. 10. The government offers gaming companies a low tax rate and master licensees often offer new entrants a single out-of-the-box gaming package which includes, a license and hosting. Back in September, Curacao’s Gaming Control Board (GCB), the regulator in charge of gambling activities since March 2020, confirmed the launch of a new online portal that would enable operators to submit applications for Curacao iGaming licenses. Again, the structure and the fee can. Hosting Services. The Curacao online gaming license is one of the world’s most popular licenses due in part to the relatively low set up fees and the professional & efficient application process. GBO has 12 years in the gaming consultancy business. In fact, the “master license” is issued for a fee of just $35,000. 2. Online gambling is an ever-evolving and highly dynamic multi-billion-dollar market. Taxes: From 0. Like many other licensing jurisdictions, Panama insists. 10. The LOK Gaming License is intended to replace the current system of core and sub-licenses, in which only four primary licensees have the authority to grant sub-licenses to operators. The initial application price and yearly fee for this license are both €2,330 and €6,660, respectively. We will take care of your e-Gambling license applications in Curaçao, Malta and the Netherlands. Many more opportunities, like markets and players open up for licensed casinos. Keep reading below to understand why. Local Managing Director. For players, one needs to wager on betting platforms that are fully licensed with the relevant regulatory bodies. There is also a favorable tax regime for gambling businesses, so changes have seen. Curacao Casinos FAQs. Cost of Fees to Get a License: From £5,000 to £50,000, depending on the type of license purchased. Online poker is also legal in Curacao, and the country has granted many online gambling licences to online poker operators (no separate online poker license, either a master, or sub license is needed). Those with a cross-license agreement with the British administration can apply for a gaming license in the UK. Since then, this regulatory body has overseen all gambling activities in the Curacao jurisdiction. The licensing authority monitors the operation of the online gaming casino, and as long as casinos that accept cryptocurrency adhere to the regulations set. The island is located in the Caribbean and is a country within the Kingdom of the Netherlands. The new Curaçao Gaming Authority (CGA) will license, monitor, and enforce iGaming. Offering New Curacao Gaming License Application Process; Cost-Effective Gaming Licensing Solution for an Indian Client; Switching the Curacao gaming license to Ajouan gaming license; Setting up online casino from scratch; Bank Account for Malta Gaming Company; Bank Account for UK Curacao Online Gaming; Gaming. They offer IT infrastructure.