Curacao Gaming License
Curacao Gaming License is considered as one of the most authoritative regulators in the gaming industry. Many online casinos are operating from within its jurisdiction. The presence of Curacao Gaming License is not an empty word. Once players see Curacao Gaming License mentioned on the casino’s website, they can take it as a guarantee of safety and security.
Curacao Gambling License
Curacao is the largest island of the Netherlands Antilles, where a large number of companies with gambling licenses are concentrated.
Such popularity of the jurisdiction for hosting gambling activities arose due to clear and simple laws in the gambling sphere, as well as a low tax burden. Therefore, Curacao gaming is a good solution for any gambling project.
Also, there is no classification of gambling business in Curacao, which greatly simplifies the process of obtaining a license, and also eliminates the need to obtain additional licenses.
In Curacao, the activities of online casinos are regulated by a special law, according to which such companies can obtain the Curacao gaming license in two ways:
- directly from the Ministry of Justice of Curacao (the issuance of master licenses has been stopped and it is possible to obtain a Curacao gambling license only from those who received it earlier – a sub-license. This imposes additional requirements: payment of not only the state fee but also the fee of the license holder, the variability of the set of documents, depending on who to apply for a sublicense).
- issuance of a sub-license by the original permit holder.
Having a license in Curacao makes it possible to create your own casino, attract customers to gambling and poker rooms. The license allows you to work with clients from all over the globe. However, it concerns primarily online business.
The cost of registering a company and obtaining a license is from 40,000 USD.
Additional expenses: the fee of the holder of the Master License, domain registration, nominal service and the state annual fee (from the second year) for the license.
Advantages of jurisdiction:
- Low-income tax rates;
- Minimum terms for obtaining a license;
- Personal presence is not required to obtain a license;
- There are no requirements for paid-up authorized capital;
- There is no need to keep financial statements.
Curacao Casinos Business Pros
Curacao offers businessmen the following advantages:
- Developed infrastructure and reliable technical support;
- 17+ years of experience in e-commerce, e-zone and other modern business areas;
- For companies in the e-zone, a flat income tax rate of 2 is set until 2026;
- Obtaining a gambling license, which is recognized by many countries of the world;
- The opportunity to work with a special permit even with the local market.
State Duties and Taxes
A company engaged in gambling is subject to an income tax of 2%.
In Curacao, the terms for obtaining a gambling license are the lowest, in comparison with other jurisdictions. The time of registration of the company and obtaining a Curacao Gambling license is up to 2 months.
Can the Curacao gambling license be used to conduct gambling business off the island?
Curacao’s license does not prohibit work outside the island. However, it is most often used for online business. The reason is that almost any state has laws for licensing gambling activities on its territory. If you want to open a physical casino, you must first comply with local rules.
What casino games are on offer?
You will find all of the usual types of online casino games can be accessed and played at any site licensed and/or based in Curacao, however as mentioned above it is very important that you ensure any games have been tested for fairness and verified as being fair and random.
You will find the way you can access games much the same as when playing games licensed anywhere else and as such you will be able to play them via a downloadable gaming platform or a flash-powered instant play gaming platform and you may find one or two mobile gaming platforms on offer.
What types of sites are licensed in Curacao?
You will find a very large range of different types of gambling sites are licensed in Curacao and as such you will find numerous different sports betting sites, a large range of online casinos as well as many different poker and bingo sites.