Curacao offers two types of licenses: Master License and Sub License whereas both licenses cover gaming operators the distinction is that a Master License can offer a sub license. However apart of this, the sub license has the same rights as a full license to run an i-gaming business legitimately. Only one license is required to cover all gaming activities.
Located in the island of Curacao, their tentacles extend far and wide. So far, several companies are taking advantage of their low tax commissions and low application fees to acquire this license. However, there have been doubts and questions. One of the major features of brands that have the Curacao eGaming license is that they accept players from almost every country. This includes the UK.
Usually this procedure takes 24 hours, and you need to pay a fee of one and a half thousand euros. A request is submitted to the commission of Curacao with all the necessary documents and a check on the payment of the preliminary fee. Upon fulfillment of all obligations, a license is issued. If not, the applicant will be indicated on all the shortcomings. The procedure can be repeated several.
And UK doesn’t allow a curacao license for gambling. So as to open and run gambling services in the UK, one must apply for a license through the Gambling Commission and pay a registration fee. The commission has an online application process accessible so as to streamline the procedure.
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Curacao is an ideal jurisdiction for obtaining an online gaming license. The Curacao Internet Gaming Commission has actively promoted the country’s offshore gambling license as one of the most feasible and cost-effective in the industry. As a result, there are nearly one hundred entities holding a Curacao Gambling License. Most licensees take.
Characteristics of a Curacao Online Gaming License. Curacao is one of the cheapest jurisdictions to obtain licensing. They issue “master licenses” to approved applicants that cover a 60,000 ANG (approx. 35,000 USD) fee. Licensees must then pay 10,000 ANG (approx. 5,900 USD) in licensing fees every month for the first two years. They also need to pay a 2% tax on annual net profits, which is.
Curacao was one of the first jurisdiction to regulate online gambling. Since it started offering an Online Gambling License in 1996 and for the past few decades, Curacao has established itself as one of the most respectable jurisdictions from where to obtain a gaming license. Curacao's infrastructure offers a wide array of services for online gaming operators and providers, such as high.