Obtaining a license for casino

Obtaining a license for casino

Gaming industry is a powerful financial instrument that requires control not only over small things. The activity of all casinos is regulated by special gaming commissions that issue licenses.

The license for gambling allows to develop without fear to get subsequently a serious fine or to be punished more seriously.

Law&Trust International offers to obtain license for online casinos in foreign countries.

An offshore jurisdiction has many advantages, including:

  • The right to attract foreign players, which will accelerate the growth of profits;
  • The opportunity to eliminate double taxation, which will have positive impact on business;
  • The ability to use more types of currencies in games without conversion.

Among our partner countries are the following: Costa Rica, Curacao, Malta, Alderney, Antigua and Barbuda, Kahnawake, Isle of Man, Seychelles, Romania, Montenegro, Latvia, and United Kingdom.

Each country has different conditions for applicants, different amounts for issuing license for gambling and its renewal, different packages of documents and terms of consideration of applications.

License for casinos in foreign countries: the best variants

In order to start a gaming activity, it is necessary to complete the registration procedure for the company and obtain the appropriate license. Our legal specialists can provide assistance for you in both matters. Obtaining permission and registration can be carried out in one or in several jurisdictions.
The main aspect is that your casino will be legal in all the EU countries.

Among our 12 business partners you can choose the most cost-efficient for you, and it is important to take into account all the nuances of taxation and fees. As an example, there are several states where you can obtain permission for online casinos.

    1. Malta. It is one of the most prestigious EU jurisdictions. It grants the right to connect to direct merchant accounts and provides beneficial tax advantages. It issues licenses for gambling of 1, 2, 3 and 4 classes at a price of 50,000 dollars and more. It is also obligatory to prepare financial reporting, and there are permanent tax liabilities.
    2. Alderney. It allows to carry out direct processing from bank cards, creates favourable conditions for cooperation with financial institutions in Europe, and initial contribution is not required. The amount of purchasing a license is about 30 thousand euros, and the contribution of 2,000 euros is annually required for renewal. In order to obtain permission, full report on the effectiveness of the company is required, and income and gambling taxes are constantly levied.
    3. Kahnawake. It is reliable jurisdiction, which imposes high demands on clients, including financial ones. A license for gambling costs about 40 thousand in local currency, and approximately the same amount will be paid for all fees and duties. 10 thousand Canadian dollars will be charged for renewal of the account. Jurisdiction is considered to be one of the most prestigious.
    4. Antigua and Barbuda. The country issues licenses for all types of gambling business, and there are no requirements to the authorized capital. If bets are accepted from non-residents of the country, then the tax rate is equal to zero. The amount of payment is equal to 25000 dollars, and the fees in the amount of 50,000 dollars are annually charged. The renewal of the permission is paid separately.

License for online casino is not cheap, therefore it can be obtained by those who have serious intentions for their business. This guarantees your clients honesty and transparent relationship policy.

How to quickly obtain a gambling license for online casino?

Lawyers of Law&Trust will promptly collect your package of documents, provide recommendations on the most favourable variant of jurisdiction, translate all official documents and forms, and then monitor the process of considering the application for obtaining gambling license.

We know how to acquire license for casino without unnecessary bureaucratic delays, queues and additional expenses.

Please, leave request in electronic form or contact us by phone.

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