Curacao Betting License
Single offshore Curacao license allows a company to be involved in Betting, Casino, Poker, Lotto and other gaming-related activities without being. How to obtain betting licenses from Malta and Curacao: costs, taxes, required documents.
Getting a Malta betting license
Malta is a beautiful Mediterranean island state. The best time to visit it is autumn, when there is no sultry heat and the water temperature is still comfortable for swimming. However, to obtain a license, you will not have to fly—or sail by ferry from Sicily— to Malta at all, since we will take all the trouble. According to MGA (Malta Gaming Authority) rules, bookmaking activities require a B2C license. In order to get it, you must provide the following documents:
- an application in English;
- copies of company’s beneficial owners’ personal documents;
- a brief description of your professional background, criminal record, corporate charter, business plan and some other documents.
A license holder is obliged to pay an annual license fee of €25,000. After receiving a registration fee and verifying the submitted documents, MGA makes a decision on issuing a betting license. Generally, the whole process takes about 2 months.
As a result, you will be issued a B2C license, which allows you to conduct betting activities in all countries where gambling is not prohibited.
Getting a Curacao betting license
A company that is planning to receive sports bets via the Internet may also obtain a Curacao license, which is considered a convenient alternative to Malta’s one. With the Curacao betting license, one can enjoy a number of advantages:
- almost every bank will willingly open you a Merchant Account for conducting transactions and players’ deposits/withdrawals;
- sportsbook software providers freely cooperate with Curacao license holders;
- Curacao’s corporate tax rate is 22%; however, so-called E-Zone companies are completely tax-exempt. GamingLicensing specialists will provide you professional assistance in registering your company in Curacao’s E-Zone.
In order to successfully get a license, you must meet several technical requirements, such as storing backup information about clients and transactions on Curacao’s soil (other databases may be physically located anywhere), getting your software certified by an audit company and having specific website sections (Terms and Conditions, Refund Policy, etc.) and a clickable icon confirming licensing.
Summary
Hopefully, a future sportsbook operator now has no doubts about the necessity of obtaining a license and working within the law. As of today, the best and the most cost-efficient option is obtaining approval documents from Malta or Curacao.
Online Betting License Cost
To get hold of an online betting license and diversify your online casino even further, GamingLicensing offers you help with the following price tags:
| Company Registration | EUR 7,900 |
|---|---|
| Obtaining an Online Betting Gambling License | EUR 9,000 |
| Registration of the domain in the E-ZONE | EUR 10+ depending on the domain name and the domain zone |
| Expert Consultation and Support | FREE of Charge |
FAQ
What betting licenses can GamingLicensing help me obtain?
GamingLicensing can help you get the prestigious Malta Gambling Authority license and the Curacao e-Gaming license. You won’t have to deal with annoying bureaucratic procedures — our experts will do that for you.
What do I need for the Malta Gambling Authority betting license?
To run a successful online betting site with a betting license from the Malta Gambling Authority, you need to obtain the so-called B2C license. To do that, you need to submit an application in English, the copies of your company’s beneficial owners’ personal documents, a brief description of your professional background, criminal record, corporate charter, business plan, and some other documents.
How much does the Malta Gambling Authority betting license cost and how much time does the process take?
The annual license fee is set at €25,000, and the whole process is finished in around two months.
What should I do to obtain the Curacao betting license and what are the advantages?
In order to obtain the Curacao betting license, your servers need to be physically located in Curacao and your software needs to be certified by an auditing company. Also, you will need to have specific sections visibly displayed, such as Terms and Conditions and Refund Policy.
Note that with the Curacao betting license, all banks will open merchant accounts for your transactions and players’ deposits and withdrawals. Also, all sportsbook software will cooperate with Curacao license holders. On top of that, doing business from the Curacao E-Zone means that your business will be exempt from taxation.
Curacao Gaming Company
Curacao Gaming License
Introduction of the Managing Director
Accounting and Auditing Services
Curacao Legal Address
Hosting/Server
Platform Auditing
Acquiring, Settlement Accounts
Along with its partners, the Private Financial Services Company is willing to offer turn-key solution to operate your business within the framework of the applicable law in Curacao.
Our services include, but not limited to, the following:
Curacao Betting License Renewal
2012
27
Curacao Betting License Requirements
15+
The company in Curacao and Curacao gaming license will allow:
- To offer gambling online in countries where it is legally allowed, except Curacao.
- To enter into relations and agreements with merchant service providers.
(A range of financial institutions delivering acquiring services are not willing to partner with companies not licensed)
- To open settlement accounts of the company.
(Most banks will refuse to collaborate with the non-licensed company).
- To have an opportunity to hold intellectual property rights.
- To do any business not prohibited by law and regulations.
As per the Anti-Money Laundering and Counter-Terrorism Financing Act, the ultimate beneficiary should submit the following information and documents:
— A certified copy of the beneficiary’s passport.
— A reference letter from the beneficiary’s bank.
— A certified copy of the utility bills to confirm the beneficiary’s place of residence.
— Beneficiary’s resume.
— Organization chart of the beneficiary’s companies.
We deal with authorities that issue licenses directly, without any intermediate persons.
For the period of our activity, we helped a range of online casinos and betting agencies to enter the global market based on the legal framework.
Our team involves specialists who staffed gambling-oriented international companies and who are aware of all internal needs of customers.
To get the commercial quotation and prices, please contact our specialists.
Server and hosting-based technical information will also be provided below.
Please Submit Your Contact Details to Get Personal Offer
Colocation and ICT Services for Curacao Gaming License and Company
Customer resources are 24/7 hosted in secure premises with biometric authentication, video surveillance and security.
Server rooms are additionally protected with metal doors with ventilation systems.
Afterhours support by the authorized IT specialists is possible.
For uninterrupted power supply, we use our own backup DGU systems.
This infrastructure is serviced by the qualified IT specialists from Europe.
We can also deliver other services like:
- Dedicated facsimile lines
- Dedicated telephone lines
- Hosting for mailboxes
- .cw domain zone
- Assistance to manage your own office in Curaçao
If any certain service is not found in this list, check with our specialists.