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Estonia Gaming License

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Estonia stands at the forefront of technological innovation, and its approach to gambling regulation is no exception. The country's forward-thinking legal framework combines innovation with a robust commitment to player protection.

To offer gambling in Estonia, a legal entity should be trustworthy and obtain both an activity license and an operating permit. State supervision is exercised by the Estonian Tax and Customs Board.

The Estonian licensing process is renowned for its efficiency. With a streamlined application procedure, you can swiftly obtain your gambling license (from 2 to 6 months), minimizing unnecessary delays and allowing you to focus on what matters most – the success of your online gambling venture.

An estonia online gambling license not only opens doors to the vibrant Estonian market but also enhances your global reputation, instilling confidence in players and partners alike.

Our experienced legal team specializes in crafting bespoke solutions tailored to your unique business needs. Whether you are a start-up or an established operator, we ensure that your Estonia Gambling License aligns seamlessly with your strategic objectives. Our team of experts provides comprehensive support at every stage of the licensing process, from initial consultation to ongoing compliance management.

Advantages of Estonia for gambling business

- Efficient Licensing Process

Estonian Gambling License is recognized as a strategic move for market expansion due to its streamlined and quick licensing process, facilitating a prompt entry into the industry.

- International Service Provisions

Holders of the Estonia online gambling license enjoy the advantage of offering gambling services in other jurisdictions, subject to certain limitations. This feature enhances the market reach of operators, fostering international business opportunities.

- Diverse Payment Options

Estonian licensed operators benefit from a range of payment options, providing flexibility to meet the preferences of users. Estonia embraces technological advancements in the gambling sector by allowing the use of cryptocurrencies. This forward-looking approach aligns with the evolving landscape of digital currencies, providing operators with contemporary financial avenues.

- Foreign Applicant Eligibility

Entities based outside Estonia, particularly within the European Union, can seamlessly apply for an Estonian gambling license. This inclusive approach to applicant eligibility broadens the scope for international businesses to thrive within the Estonian gambling landscape.

- Flexible Server Location

The requirement for server location is not confined to Estonia, providing operational flexibility for gambling and data protection purposes. To meet licensing criteria, the foreign territory must fulfill either of two conditions under the Gambling Act, ensuring a practical approach to server management.

- Estonia's Tax Advantages

Estonian legislation creates an environment where both players and online casinos thrive without the burden of excessive taxation. Players can revel in the spoils of their online casino victories tax-free. This unique feature implies that a legal entity with estonia casino license has the privilege of retaining 100% of its winnings without the encumbrance of tax obligations. Corporate income tax rates for online casinos are not merely reduced; they are strategically structured to foster financial prosperity.

Types of gambling licenses in Estonia

To offer gambling in Estonia, a legal entity should obtain both an activity license and an operating permit. Estonian legislation provides four distinct types of gambling activity licenses, each tethered to specific gaming domains. A single entity has the flexibility to hold multiple licenses, reflecting the diverse gaming portfolio they may wish to offer.

- Games of Chance

This license allows to provide chance-based games, where fate takes the reins, dictating the outcome through a delicate interplay of chance, unfold in the realm of either mechanical or electronic devices, or under the watchful orchestration of the game's organizer.

State fee for Estonia casino license amounts to EUR 47,940.00. The state fee is payable once.

A license is issued within 4 (four) months upon the submission of all required documents and information. However, the final decision shall not extend beyond 6 (six) months from the date of the initial application for the activity license.

- Games of Skills

This license allows to provide games of skills, where the outcome relies chiefly on the physical dexterity, abilities, or knowledge of the player.

State fee for an activity license allowing to organize games of skills amounts to EUR 3,200.00. The state fee is payable once.

A license is issued within 4 (four) months upon the submission of all required documents and information. However, the final decision shall not extend beyond 6 (six) months from the date of the initial application for the activity license.

- Totalizers and Betting

This license allows to provide totalizers and betting, where the outcome hinges on the occurrence or non-occurrence of an event, where player predictions are beyond the control of the gambling operator. Victory is contingent upon the accuracy of the bet, with the prize amount tethered to both the initial bet and the pre-established winning coefficient (for betting), or a percentage calculated from the total bets, the accuracy of other participants' bets, and the respective amounts wagered.

State fee for an activity license allowing to organize a toto (betting) amounts to EUR 31,960.00. The state fee is payable once.

A license is issued within 4 (four) months upon the submission of all required documents and information. However, the final decision shall not extend beyond 6 (six) months from the date of the initial application for the activity license.

- Lotteries

This license allows to provide lotteries, where the prize pool comprise a substantial 80 percent of the ticket circulation's selling price. The game's destiny is restrained, revealing itself no more than thrice within a 24-hour span or through the unveiling of the ticket field on the lottery ticket.

State fee for an activity license allowing to organize lotteries amounts to EUR 640.00. The state fee is payable once.

InteliumLaw services for Gambling License in Estonia

Our services related to the assistance with receiving Estonia gambling license usually include:

Legal and regulatory framework governing gambling in Estonia

The legal structure governing gambling activities in Estonia is encapsulated within the Gambling Act, which officially came into effect on January 1, 2009. The legal framework in place makes a clear distinction between remote gambling and land-based gambling. It's crucial to note that both these forms of gambling fall under the regulatory purview of the Gambling Act.

Main legal acts regulating the activity of a gambling operator:

The nuances of gambling taxation fall under the purview of the Gambling Tax Act. The regulations surrounding gambling advertisements are outlined in Article 292 of the Advertising Act. This comprehensive legal framework is pivotal in defining the landscape within which gambling operations navigate and adhere to regulatory standards in Estonia.

Taxation in the gambling business in Estonia

Gambling tax is paid by gambling operators. The following tax rates apply:

A company holding estonia online gambling license and operating permit shall submit a gambling tax return and pay gambling tax no later than the 15th day of the calendar month succeeding the taxable period.

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Estonia gambling license requirements

- Minimal Share Capital Requirements

For organising a game of chance (casino)
EUR 1,000,000
For organising a toto (betting)
EUR 130,000
For organising a game of skill
EUR 25,000

The infusion of share capital is permissible through cryptocurrency channels, provided that the payer undergoes proper identification protocols during the payment processing.

- Requirements to Operators

For the applying gambling operator, it is paramount to ensure that the organization of gambling is the sole activity of the legal entity. Shareholders holding a qualifying stake, beneficial owners, or members of a management body with a substantial shareholding in a gambling operator must have clean criminal record; not to be involved in unlicensed gambling activities; there should not any court decisions in bankruptcy proceedings indicating that they have contributed to the insolvency of a company due to a grave error in management.

- Requirements to Foreign Legal Entity Applying for Estonia Online Gambling License

A business entity originating outside Estonia, is eligible to serve as the applicant entity for an Estonian gambling license provided that one of the following conditions is met:

Estonian Gambling License Process

- Preparation stage

It is always advisable to start with analyzing the existing corporate structure, the profiles of Ultimate Beneficial Owners (UBOs), the platform/gaming system, the whereabouts of bank accounts, and other pertinent details. This serves as a proactive measure to unearth and address any potential challenges or issues well in advance.

At this stage, documents required for the obtaining of an activity license should be prepared: passport copies (notary certified and apostilled, if required), corporate decisions, required policies.

- Application for an Activity License

Before applying, relevant state fees should be paid. To obtain an activity license it is required to submit filled out application form and the following information:

The Tax and Customs Board informs about its preliminary response not later than on the 3rd working day following the application is filled. The Estonian Tax and Customs Board undertakes the responsibility of determining the approval or denial of an activity license within a timeframe of 4 (four) months upon the submission of all required documents and information. However, the final decision shall not extend beyond 6 (six) months from the date of the initial application for an activity license.

InteliumLaw is committed to a meticulous review of all documentation before submission. We assistance and clarity on any queries related to the paperwork.

- Application for an Operating Permit

Following the obtaining an activity license, the legal entity must apply for an operating permit. Before applying, relevant state fees should be paid.

To obtain an activity license it is required to submit filled out application form, to provide Terms & Conditions, Data Protection policy, RG policy, AML policy, information regarding the software together with independent expert assessment on the compliance of the software with the requirements of the Gambling Act (the exact list of documents depend on an applicant’s profile).

Distinct operating permits are granted for each specific type or sub-type of gambling. The issuance of permits for organizing remote games of chance under estonia casino license and toto operations is contingent upon gambling operators integrating their electronic recordkeeping and control systems with the Estonian Tax and Customs Board's information system. The authorization to host remote games of chance, classical lotteries, and toto activities is reserved for companies that have undergone rigorous testing. This ensures a secure and reliable connection to the list of individuals subject to restrictions on participating in games of chance.

Simplifying the application process, a singular application serves as the gateway to acquiring a remote gambling permit that spans multiple internet sites. The operational permit for remote games of chance, lotteries, and games of skill is issued for up to five years. The permit for toto operations is issued for up to 20 years.

The Estonian Tax and Customs Board undertakes the responsibility of determining the approval or denial of an operating permit within a timeframe of 2 (two) months upon the submission of all required documents and information. However, the final decision shall not extend beyond 4 (four) months from the date of the initial application for an operating permit.

Why Choose InteliumLaw

In choosing InteliumLaw as your legal partner, you are not just obtaining a service; you are gaining a strategic ally committed to the success and compliance of your gaming venture in Estonia.

- Expertise and Specialization

Our team of legal professionals possesses in-depth knowledge of the nuances in the licensing process, ensuring that your application is not only comprehensive but strategically tailored to meet the specific requirements of the Estonian legal framework.

- Tailored Solutions

Recognizing that each gaming company is unique, we don't offer one-size-fits-all solutions. InteliumLaw prides itself on delivering bespoke strategies that align with your business model, objectives, and the intricacies of the Estonian regulatory landscape. Our approach is personalized to ensure that the obtaining a gambling license is seamless and efficient process.

- Regulatory Insights

InteliumLaw goes beyond obtaining licenses; we provide ongoing support to keep you informed and compliant with any regulatory changes. Our proactive approach ensures that your operations remain compliant with the ever-shifting legal requirements.

- Transparent Communication

At InteliumLaw, we understand the importance of clear and transparent communication. We keep you informed at every stage of the process, providing updates on the status of your application, regulatory developments, and any additional requirements. Our commitment to open communication ensures that you have a clear understanding of the progress.

- Efficiency

Time is of the essence in the business world. InteliumLaw is dedicated to streamlining the licensing process, ensuring that your application is processed efficiently. We recognize the value of your time and strive to expedite the licensing procedure without compromising the thoroughness required for regulatory approval.

Additional Services

Except for assistance with Estonian gambling license, we could help you to obtain a license in other jurisdictions such as Curacao, Anjouan, Malta, and Isle of Man. While assisting our clients with licensing processes, we could also provide services on opening bank accounts, finding payment solutions, drafting policies, reviewing agreements, tax and corporate structuring, as well as provide a broad range of other business legal services.

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FAQ

How much does an Estonian gambling license cost?

In order to obtain an Estonian gambling license and required permits, the applying company is required to fulfill specific financial obligations. This includes the payment of a state fee for the license and a separate state fee for the permit. Additionally, compliance with minimal share capital requirement is mandatory.

  • State fee for an activity license (distinct activity licenses are imperative for the provision of each specific game type)

For organising a game of chance (casino)

EUR 47,940.00

Payable once (there is no annual renewal fee)

For organising a toto (betting)

EUR 31,960.00

For organising a game of skill

EUR 3,200.00

  • State fee for a permit (distinct operating permits are requisite, with separate applications mandated for each unique game type and gaming location)

For organising a game of chance (casino)

EUR 3,200.00

Payable every 5 years

 

For organising a toto (betting)

EYR 3,200.00

Payable every 20 years for betting

  • Minimal share capital requirements

For organising a game of chance (casino)

EUR 1,000,000

The infusion of share capital is permissible through cryptocurrency channels, provided that the payer undergoes proper identification protocols during the payment processing.

For organising a toto (betting)

EUR 130,000

For organising a game of skill

EUR 25,000

Who is eligible to apply for a gambling license in Estonia?

A public limited company or a private limited company, duly registered either in Estonia or within the European Union, is eligible to apply for an Estonian gambling license. The applying company should meet minimum share capital requirements.

 

For the applying gambling operator, it is paramount to ensure that the organization of gambling is the sole activity of the legal entity. Shareholders holding a qualifying stake, beneficial owners, or members of a management body with a substantial shareholding in a gambling operator must have clean criminal record; not to be involved in unlicensed gambling activities; there should not any court decisions in bankruptcy proceedings indicating that they have contributed to the insolvency of a company due to a grave error in management.

How long does it take to obtain a gambling license in Estonia?

Up to 10 (ten) months for obtaining estonia online gambling license and respective operating permit.

The Estonian Tax and Customs Board undertakes the responsibility of determining the approval or denial of an activity license within a timeframe of 4 (four) months upon the submission of all required documents and information. However, the final decision shall not extend beyond 6 (six) months from the date of the initial application for an activity license.

The Estonian Tax and Customs Board undertakes the responsibility of determining the approval or denial of an operating permit within a timeframe of 2 (two) months upon the submission of all required documents and information. However, the final decision shall not extend beyond 4 (four) months from the date of the initial application for an operating permit.

Can foreign companies apply for a gambling license in Estonia?

Yes. A business entity originating outside Estonia, preferably within the European Union, is eligible to serve as the applicant entity for an Estonian gambling license. It is noteworthy that the physical location of servers, from both a gambling operations and data protection standpoint, is not confined to Estonia. However, alignment with one of the two specified conditions under the Gambling Act is imperative:

  • the jurisdiction in question must be a party to the Convention on Cybercrime, or
  • the territory must have established cooperative ties with both the Estonian Tax and Customs Board and the Financial Intelligence Unit.

It is crucial to highlight that, as of now, Curaçao does not meet the specified conditions for eligibility under the Estonian Gambling Act.

How does InteliumLaw assist with meeting Anti-Money Laundering (AML) requirements?

InteliumLaw's assistance with meeting AML requirements for online gambling license purposes in Estonia is a holistic and proactive approach. Our goal is not just to facilitate the licensing process but to empower your company with the tools and knowledge needed to maintain a robust and sustainable AML framework.

  • Drafting/reviewing AML policy. InteliumLaw could assist with drafting AML aligned with applicable Estonian AML regulations or reviewing the existing AML policy.
  • Assisting with fulfilling specific AML obligations. InteliumLaw could assist with development risk assessment measures, KYC procedures and coordinate the setting of system for ongoing monitoring of business relationships.
  • Ongoing support. AML compliance is not a one-time endeavour. It requires continuous monitoring and adaptation to evolving regulatory landscapes. InteliumLaw provides ongoing support, keeping you informed about regulatory changes and ensuring that your AML policies and procedures remain up-to-date and effective.

What happens if my gambling license application is denied?

Just like any licensing process, there are instances where the application for an online gaming license may face denial. Some of the prevalent reasons include:

  • the presence of a criminal record or conviction among shareholders, board members, or directors. Such instances may raise concerns about the integrity and trustworthiness of key individuals associated with the gaming operation;
  • a documented history of a revoked gaming or gambling license, whether it occurred in Estonia or in another jurisdiction. Regulatory bodies are likely to scrutinize past licensing issues, and a revoked license may be interpreted as a red flag regarding compliance and adherence to regulatory standards;
  • Instances of bankruptcy, especially if attributed to mismanagement errors or violations of laws by shareholders or management.

If your Estonia gambling license application encounters a denial, InteliumLaw stands ready to guide you through the next steps. We conduct a comprehensive evaluation of the reasons behind the license denial. Based on the insights gleaned from the denial evaluation, our legal experts collaborate with you to strategically adjust and enhance your application. In cases where denial is based on grounds that can be challenged or clarified, InteliumLaw assists in exploring appeal and redress options.

At InteliumLaw, we specialize in not only guiding you through the licensing process but also in proactively addressing potential concerns that may lead to denial. Our tailored strategies aim to strengthen your application, ensuring that your online gaming venture is positioned for success within the regulatory framework.

Can InteliumLaw help with the renewal of an Estonian gambling license?

The validity of the activity license persists indefinitely without a specified duration. An operating permit for organising an online casino, lottery and game of skill is granted for up to five years. A permit for a toto is granted for up to 20 years.

In case the activity license and/or the operating permit are revoked, InteliumLaw could assist with conducting a comprehensive evaluation of the reasons behind the revocation. Our legal professionals provide tailored counsel, offering insights into potential courses of action.

Other services

Moheli Gaming License

Potential opportunities of the Moheli gaming industry The digital gaming sector, renowned globally for its captivating experiences for players and promising opportunities for profitability, has seen rapid expansion, drawing enterprises to Moheli (Mwali) in the Comoros archipelago. This island is increasingly attractive to those in the industry for its commitment to facilitating online gaming ventures with its flexible and efficient regulatory framework in a setting that offers tax benefits. Mwali gambling license overview Issued by Moheli Corporate Services under the oversight of the Moheli Offshore Finance Authority, the Mwali gaming license enables businesses to legally operate online gaming and betting platforms. A distinctive feature of this license is the allowance for operating multiple brands across various websites. Benefits of obtaining a gaming license in Moheli The advantages of engaging in the gaming industry within this framework are manifold, offering businesses a robust platform for growth and profitability: Tax Exemption A key benefit is the tax-free status, substantially increasing profitability by minimizing the financial burden of taxes on operations. Brand Diversity and Worldwide Coverage The ability to operate under multiple brands provides businesses the flexibility to offer a wide array of gaming experiences. This diversification strategy enables targeting various customer segments and preferences, enhancing market penetration and player engagement. Since Mwali is an offshore jurisdiction and a tax-free zone, its licenses allow clients to operate businesses and activities internationally, i.e. in any other country in the world except Mwali itself. Supportive and Soft Regulatory Framework The regulatory environment is designed to be conducive to business growth and innovation. It offers a stable yet flexible legal structure that encourages the development of new gaming models and technologies while ensuring fair play and industry integrity. This balance promotes a dynamic gaming ecosystem that is attractive to both operators and consumers. Rapid Licensing Process The efficiency of the licensing procedure allows for a swift market entry, reducing the gap between application and operational launch. This speed facilitates taking advantage of market opportunities promptly and securing a competitive stance. How InteliumLaw can help you get a Moheli Gaming license InteliumLaw can play a pivotal role in guiding international businesses through the intricacies of obtaining a Moheli Gaming license, leveraging their expertise and experience in the gaming and legal sectors. The firm’s approach encompasses a comprehensive suite of services tailored to navigate the regulatory landscape efficiently. By offering personalized legal advice, we ensure that clients understand the jurisdictional requirements and compliance standards essential for a successful license application. From the initial stages, we assist in preparing and compiling the necessary documentation. Our deep understanding of the Moheli regulatory environment enables us to streamline the application process, mitigating potential hurdles and facilitating a smoother progression toward license acquisition. Moheli Gaming License Process The Moheli gaming license application involves a series of key steps designed to ensure compliance with the jurisdiction’s regulatory standards: Company Formation The first step is to incorporate a legal entity in Moheli by registering your company and providing necessary details like directors and shareholders in compliance with local laws. Application Preparation and Document Submission An application together with required documents such as proof of domain ownership, personal documents for directors and shareholders (passports, bank statements, utility bills) and corporate documents of the newly established company must be submitted. Fee Payment Alongside the application’s submission, an applicant must pay the licensing and application fees, which vary based on the gaming operation’s specifics. Background Checks and Due Diligence Moheli’s regulatory authorities will conduct thorough checks on all key personnel to assess their integrity and financial stability. License Issuance Upon successful completion of checks and fee payment, the gaming license is issued, authorizing the company to operate within the regulatory framework. Ongoing Compliance Maintain the license by adhering to continuous regulatory requirements, including keeping up-to-date records of gaming activities and financial reporting. However, the level of compliance is rather soft compared to the other licensing jurisdictions. Mwali Gaming License requirements The Mwali Gaming License requirements aim to ensure that operators adhere to a strict regulatory framework, promoting fair and secure online gaming environments. Company in Moheli Operators must establish a registered company in Moheli to be eligible for the gaming license. It is not possible to obtain a license using an overseas company. Application Submission Operators need to provide detailed application materials, which include financial forecasts, business strategies, and the personal details of company owners and main executives. Background Verification A thorough background check, known as a fit and proper test, is compulsory for owners and key staff to prove they are eligible to run a licensed online gambling business. Compliance with AML/CFT Standards It’s essential to follow Anti-Money Laundering and Counter-Financing of Terrorism regulations. Payment of License Fees Operators must cover all necessary licensing fees, including application fees, annual dues, and any other relevant expenses. Ready to Start Your Gaming Business in Moheli? Contact InteliumLaw to receive initial advice and a tailored offer! Leave Us A Message And we wil get back to you Contact Us FAQ What is a Mwali Gaming License, and why is it necessary? A Mwali (or Moheli) Gaming License is a permit issued by Mwali authorities allowing businesses to legally offer online gambling services; it’s necessary for legal operation and credibility in the online gaming industry How long does it typically take to acquire a gaming license? The time to acquire a gambling license in Moheli can vary, but it typically takes from one to three weeks from the application’s submission to approval. What documents are required for the application process? Required documents for the application process usually include personal documents of the shareholders/beneficiaries and directors (passports, bank statements, utility bills) and corporate documents of a Moheli company. What are the associated costs and fees for obtaining a Moheli Gaming License? The costs and fees for obtaining a gambling license in Moheli include application fees, annual licensing fees, and additional costs related to compliance and legal advisory services. What types of gaming activities are permitted under the license? The license

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Anjouan Gaming License

Benefits of Anjouan Gaming License The Anjouan gaming licence, issued by the Autonomous Island of Anjouan, part of the Union of Comoros, offers several benefits for online gaming businesses. Here are some key advantages: Low Cost The cost of obtaining and maintaining an Anjouan gaming license is generally lower compared to many other jurisdictions. This makes it an attractive option for startups and smaller enterprises. Tax Benefits Anjouan offers favorable tax conditions for licensed gaming companies. The zero tax rates can significantly reduce the operational costs for these businesses. Simplified Legal Requirements The process of obtaining a gaming license in Anjouan is relatively straightforward and less cumbersome. The regulatory requirements are simpler, making it easier for businesses to comply. Privacy Protection Anjouan has strong privacy laws, which can be beneficial for businesses and their clients, offering a degree of confidentiality that might not be available in other jurisdictions. Global Operation A license from Anjouan allows companies to operate globally, with some exceptions. This international scope can be a significant advantage for businesses looking to reach a wide audience. No Gaming Tax Unlike some jurisdictions, Anjouan does not impose a gaming tax on its licensees, which can lead to substantial savings. Supportive Regulatory Environment The Anjouan government is known to be supportive of the online gaming industry, providing a stable and supportive environment for businesses. Universal license An Anjouan gaming licence provides comprehensive coverage for various online gambling activities. This includes the operation of online casinos, sports betting platforms, lottery games, and popular table games such as poker, blackjack, and baccarat. The license broadly covers most games of chance with few exceptions. Additionally, this license caters to both business-to-consumer (B2C) and business-to-business (B2B) models. It’s versatile enough for operators running online casinos directly for players, as well as those looking to license a casino platform for other businesses. It’s important to note that while there are benefits, companies should also be aware of the legal and regulatory implications of operating under an Anjouan gaming licence, especially considering the varied and sometimes strict gaming regulations in different countries. Compliance with international gaming laws and maintaining a good reputation should be a priority for any gaming business. Comparison of the Anjouana Gambling License with other jurisdictions Comparing the gambling license in Anjouan with those from other jurisdictions like Curacao and Malta can provide a clearer understanding of their differences, particularly in terms of reputation, cost, and regulatory requirements: 1. Reputation and Credibility: Anjouan: Generally considered less prestigious than Malta, Anjouan’s gaming license is still establishing its reputation in the global market. Curacao: Holds a moderate reputation; known for being a popular and accessible licensing jurisdiction for many online gaming businesses. Malta: Highly reputable and one of the most recognized and respected licensing jurisdictions in the world, particularly within the European Union. 2. Cost and Taxation: Anjouan: Offers low-cost licensing and maintenance fees, making it attractive for startups and smaller operations. Tax rates are also favorable. Cheaper than Curacao. Curacao: Known for its affordable licensing fees and low taxation, appealing to many online gaming startups. Malta: Typically involves higher costs for licensing and operation. However, its strong reputation can justify these expenses for larger or more established companies. 3. Regulatory Requirements and Compliance: Anjouan: Has simpler, less stringent regulatory requirements, making it easier for businesses to obtain and maintain their licenses. Curacao: Offers a relatively straightforward licensing process with low-to-moderate regulatory demands. Malta: Known for its rigorous regulatory framework, demanding high standards of compliance, transparency, and player protection. This can mean more complex and costly compliance procedures. 4. Scope of Activities and Global Reach: Anjouan: Allows for a wide range of online gaming activities under one license, with global operation potential. Curacao: Also permits a broad spectrum of gaming activities and has a good global reach. Malta: Provides a highly respected license that is recognized worldwide, particularly advantageous for companies targeting European markets. A license for each type of activity is needed. 5. Target Markets: Anjouan: Suitable for businesses targeting international markets, especially where cost-effectiveness is key. Curacao: Often chosen by startups and companies targeting diverse international markets. Malta: Ideal for businesses targeting European customers and those seeking a prestigious licensing jurisdiction. InteliumLaw Services for Anjouan Gaming License 1. Initial Preliminary Advice: Via this advice, we will help you understand whether gambling license in Anjouan will suit your business needs 2. Turnkey License Obtaining: We provide guidance through the entire process of applying for the Anjouan gaming license, including incorporation of a company, and preparation and submission of necessary documents. 3. Regulatory Compliance Advice: We can provide expert advice on meeting the regulatory requirements of the Anjouan gaming authority, ensuring the business remains compliant with local laws and international standards. 4. Corporate Structuring and Incorporation: We provide assistance with setting up the appropriate corporate structure covering Anjouan licensed company and other companies if needed. 5. Banking and Payment Solutions: We are able to advise you on banking and payment processing options in Anjouan, including setting up merchant accounts and ensuring compliance with financial regulations. 6. Ongoing Legal Support: InteliumLaw can provide ongoing legal support to address any issues related to the gaming license, including renewals, compliance updates, and changes in legislation. 7. Tax Planning and Advice: Our services include guidance on tax planning strategies to optimize the financial benefits of operating under an Anjouan gaming license. Requirements for the Anjouan Gaming License Before being granted an Anjouan gaming licence, authorities require detailed personal and financial information. This includes your identity, business intentions, residence, financial status, and more. A comprehensive background check is also necessary to verify your good moral standing. Among other, the following documents are required (the list below covers shareholders, directors and the new company itself): Notarized copy of the photo and signature pages from a valid passport. Recent utility bill for address verification. CV. An original bank reference letter, demonstrating a banking relationship of at least 2 years. A bank statement is also acceptable. Original letter of recommendation (reference letter)

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Curacao Gambling License

Curacao gaming license – general overview Curacao operates as an integral country within the Kingdom of the Netherlands, maintaining a civil law system heavily influenced by Dutch laws and standards. Its online gambling license, compliant with national laws, is a popular choice for startups due to its accessible regulatory thresholds and cost-efficiency. However, it’s essential to stay updated with imminent regulatory shifts. Curacao’s government is currently revising its gambling laws, encompassing online gaming, to meet global standards and combat unauthorized gambling activities. This revision entails the creation of the Curacao Gaming Authority, an independent supervisory entity, and an overhaul of existing licensing classifications. These updated rules are anticipated to be enacted by the conclusion of 2023 or in 2024. Curacao gambling license – history, current state and anticipated changes Curacao online gambling license – how it was recently? Prior to the commencement of the regulatory changes, licensing framework In Curacao was designed as follows. Curacao gambling licenses came in two forms: the master license and the sub-license. Holders of the master license have the authority to both offer a broad range of gambling services and bestow sub-licenses to others private companies. The license issuance is governed by the National Ordinance on Offshore Games of Hazard (Landsverordening buitengaatse hazardspelen, P.B. 1993, no. 63) (NOOGH). The sub-license allowed its holders to engage in a comprehensive suite of gambling activities, encompassing sports betting, slot machines, table games, and RNG-centric games. Its validity extends as long as the linked master license remains valid. There were, and currently are, four master license holders, who, since 1996, have received the government’s authorization to grant licenses: Antillephone N.V. License #8048/JAZ Curacao Interactive Licensing N.V. (CIL) License #5536/JAZ Cyberluck Curacao N.V. (also known as Curacao-eGaming) License #1668/JAZ Gaming Curacao License #365/JAZ While all Curacao sublicenses are similar, the business implications are consistent regardless of your choice. Each of these master licensing entities maintains distinct policies, specific regulations, Anti-Money Laundering (AML) norms, and Know Your Customer (KYC) procedures during application assessments. One licensing authority might necessitate additional paperwork and a virtual interview, while another could grant approval with just the conventional set of documents. In addition, price of license obtaining can vary significantly between different master licensors. The current state of Curacao’s online gambling license It shall be stressed out that Curacao online gambling license regulation is in the process of transition now. The Curaçao government is actively working towards a comprehensive overhaul and update of its (online) gambling regulations, with a forthcoming law titled the National Gambling Ordinance (LOK). As this new legislation awaits implementation, the Minister of Finance of Curaçao has opted to continue granting licenses under the existing framework, known as the National Ordinance on Offshore Games of Hazard (NOOGH). This move by the Minister of Finance aims to establish a transitional structure, facilitating a seamless shift from the current legislation to the updated one. However, one significant change in compare to the previous framework that the online gambling license under the existing framework can be issued directly by Curacao Gambling Control Board (GCB) and not by four master licenses as it was before. As of November 15, 2023, the GCB shall be accepting and processing online gaming license applications from operators that wish to acquire an online gaming license directly from GCB. It is important to mention that once new licensing regime under LOK comes into effect, operators which hold license directly from GCB will be automatically transitioned to the new license What about existing licenses issued by the four master licenses prior to the changes? The operators operating under existing master licenses may continue their operations as is. However, they might need to complete the registration process with the GCB in order to keep existing sub-license effective and the GCB shall issue clarification on the process soon. In formal terms, four master licenses can continue to issue sub-licenses during this transition period that is effective until the enactment of new gambling legislation. To sum up, as of the Autumn 2023, there two options of obtaining online gambling license in Curacao: through one of four master licensees; directly from GCB. Contact Inteliumlaw in order to receive the most up-to-date information on this matter and check available options. Future of Curacao egaming license The pivotal element of the regulatory overhaul is the National Gambling Ordinance, known as LOK. This has been presented to the country’s Advisory Council and is now progressing to Parliament for review. The aim of the LOK Gaming License is to supplant the prevailing structure of primary and sub-licenses. In the current system, only four main licensees possess the power to award sub-licenses to operators. While the LOK encompasses regulations for all gambling activities in Curacao, the government’s primary attention will be on online gaming. To establish a continuous and stable regulatory framework, the LOK mandates the creation of the Curacao Gaming Authority (CGA), a self-governing regulatory entity. The CGA’s responsibility extends beyond just deterrence; it also includes addressing and reducing any illicit or undesirable activities related to gambling. Benefits of gaming Curacao license Please kindly note that the below benefits are linked to the existing licensing regime. All-in-One License: Unlike some jurisdictions that require multiple licenses for different types of gaming activities, Curacao offers a single that covers all forms of online gambling, including casinos, sports betting, and lotteries. However, this might change after enactment of LOK as separate licenses for B2C and B2C activities are expected to be introduced. Cost-Efficient: The Curacao gaming license is relatively affordable in terms of application, issuance, and maintenance fees, making it attractive for startups and small to medium-sized enterprises. Streamlined Application Process: The process for obtaining a Curacao gaming license is straightforward and faster compared to many other jurisdictions. Global Reach: With a Curacao gaming license, operators can cater to a global audience, although certain jurisdictions may be restricted. Tax Benefits: Curacao boasts a beneficial tax regime for online gambling operators, typically offering a zero-tax rate on gaming revenues. Flexible Technical Requirements: While it’s

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