Benefits of a Curacao Online Gambling License

If you are serious about running a legitimate online gambling business like a casino, you are going to need to get yourself a license to do so. Without a license, the business is unable to operate legally which means you cannot open a bank account and most of the big iGaming service providers will refuse to work with you.

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 concise application process.

What are the main advantages?

• You only need to acquire one license in order to run your business. There are a number of jurisdictions where, depending on the type of business you have, you may need to apply for one or two licenses and even additional permits depending on the type of games you will be offering. That is not the case in Curacao and regardless of what kind of business you will have, there is only one license you need.
• Acquiring a Curacao gambling license is very straightforward. Other licensing procedures can require mountains of paperwork, months of preparation, weeks of backwards and forwards between the licensing authority and you, and of course, expensive professional fees. This is not the case in Curacao as you can be up and running with your license in 2 weeks or less in some cases, as long as the application package is complete and in order.
• Maintaining a license is easy. In terms of keeping up with the requirements of a Curacao online gambling license, the process is quite straightforward. Once you have the license in hand, you need to ensure you keep good financial records, play straight ensuring fair play for all players, maintain a robust self exclusion policy, prohibit underage gaming, and provide a thorough and up to date description of the company’s activity.
• The licensing procedure is affordable when compared with other jurisdictions. If you are a start up or just have a budget on the lower end of the scale, then Curacao is the perfect place for you. This means you can spend more on important things like marketing, software, and hiring the right team, instead of dropping most of your budget on filling out paperwork
• Last but most definitely not least, is the fiscal benefits for anyone acquiring a Curacao online gambling license. Gaming operators working from the country can enjoy a zero percent VAT rate and just 2% on corporate income tax. This is extremely low when compared to other countries that offer online casino licenses such as Malta.

To acquire a Curacao Gaming License, you need to fill out the application form, provide a detailed report covering various points of the license and all compliance regulations, fill in the IP application form and provide all applicable documents and make the payment. Then the authority will refer back to you if any clarifications or further information is needed. Be aware that the authority carries out regular compliance checks so you need to make sure that all services, links, providers, and processes are in line with the requirements.

To find out more about applying for a Curacao eGaming license and to discuss your options, contact Fast Offshore. They have over two decades of experience in the sector and are on hand to help you today.

Contact Information

Ron Mendelson

Director

Fast Offshore

(506) 40007446

Contact via E-mail