- Curacao Gaming Commission
- Curacao Gaming License Cost For Real
- Curacao Gaming License Cost Drivers
- Curacao Internet Gaming Association
The Curacao Gaming Commission is associated with the goverment of Netherlands Antilles, and is one of the most respected regulators for online casino services.
Since its establishment in 1996, Curacao eGaming has been offering licenses to online casino operators. Currently, the Government only issues two types of licenses that cover all types of eGaming. Professional assistance in opening an online casino in Curacao from Prifinance employees. Prifinance company: full customer support, solving any issues. Malta is the unofficial capital of online betting, online gaming, or in short, online gambling in general. It’s been the centre of attention for betting aficionados and sportsbook operators for. Although a Curacao e-gaming license can be applied by most companies from across the world, it is recommended that to. The cost for master licenses to.
BENEFITS AT A GLANCE
- One licence for all activities
- Simple licence obtaining process
- Only 2 weeks to obtain a licence with gaminglicensing.com
- No VAT, low profit tax rate
- Popular in the online gambling industry
Curacao is a constituent country of the Kingdom of the Netherlands in the Caribbean Sea 40 miles (64 kilometers) away from Venezuela. Apart from being a paradise of never-ending summer, it offers great opportunities to start up one’s own online gambling business.
Curacao was one of the pioneering countries that legalised online gambling, in 1996 to be precise. Since then, it became a top-jurisdiction for running remote gambling business.
“I favour Curacao because I have some experience with these licences. Right now, I am in the process of obtaining one. If you are considering opening an online casino, my suggestion is to forget about a Maltese licence and opt for a Curacao licence”
Nikolai Livori
Serial Entrepreneur, iGaming Consultant
Why is it so attractive?
Firstly, one does not need a separate licence for every type of gaming activity. One licence covers all types of gaming activities: poker, sports betting and online casino.
Secondly, the Curacao licence is convenient to obtain. The application procedure takes only two weeks, after which a licensee receives a world-recognised and the cheapest licence in comparison to other popular options.
To apply, one must provide a set of documents and pay the Application Fee.
Contact us via email or the form at the end of this article to find out all the details of the procedure!
Thirdly, the Curacao licence is cost-efficient. It is the happy medium between high price and reliability. The licence is to be prolonged once a year.
Additionally, being a part of the E-Zone, the country is only subject to a 2% profit tax rate and is not subject to VAT. According to the corresponding law, these favourable conditions cannot be changed until 2025.
Curacao Gaming Commission
Check out this table for further information on the cost of obtaining a Curacao e-gaming master license with which you will not only have a licensed online casino but also be able to sublicense other gaming sites.
| Additional Services | Cost |
|---|---|
| Rated Service | Specify individually |
| Annual license renewal | EUR 16,900 |
| Domain registration of the site in E-zone | Depends on the domain name and domain zone, starts from EUR 10 onwards |
Licensees can conduct their businesses from within any country remotely. What needs to be kept in mind is that they need to follow the laws of that country. Licensees must register and submit a right IP address and fill in all requested information. Also, they need to have tested software so that it is in line with the Curacao eGaming Commission’s guidelines.
Another favourable point of basing one’s business in Curaсao is political stability of this country.
Choose the best option, and we will help you with the rest!
FAQ
What does the Curacao e-Gaming license offer?
With the Curacao e-Gaming license, you will gain access to all gambling activities with a single license. The licensing process is simple, and with the help from GamingLicensing, you can obtain yours in just two weeks. Also, by running an online casino, betting site, or poker site from Curacao, you will be subject to low-profit taxes.
How much is the profit tax rate in Curacao?
The profit tax rate in Curacao is just 2% on an annual level. By doing business from their E-Zone, you will not be subject to additional VAT taxes. According to their laws and regulations, these conditions can’t be changed before 2025.
What do I need for the Curacao license?
To obtain the Curacao e-Gaming license, you need to register a company in their E-Zone first. All your servers and hosting needs to be done from Curacao, but you can run the operation from any country in the world.
Also, your software needs to be tested by an auditing agency to ensure that the fairness and random outcomes of games are indeed random. Moreover, further legal and financial documentation needs to be submitted for revision.
About Curacao eGaming
You might know that Spin Up casino is run under a Curacao gaming license. It’s cheap; the application process is simple and they have been around more than you know. Certainly, the Curacao eGaming is popular. While there may be two sides to this popularity, there is no doubt that the Curacao eGaming offers a great option to many companies. 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 and that has been a major concern. As well, their position in times of player disputes has been hugely criticized. However, this does not take out the fact that the Curacao eGaming license is a great and affordable option.
Why you should consider Curacao eGaming
Despite the few reasons why you should not apply for Curacao eGaming, there are a thousand and one more reasons why you should. One of the key reasons is because it is very affordable. Hence, it is not surprising to see that the Curacao eGaming license is a popular choice for many online casinos. Other reasons are as follows:
Curacao Gaming License Cost For Real
- It cost about $34,000 USD to get the master license. Afterwards, the monthly service fee is about $5600. Even more, the deal is subject to further negotiations.
- Another reason is that once you are a holder of the master license, you can lease out sub-licenses to other companies. How amazing! However, the holder of the master license must be responsible for the sub-license holder.
- The Curacao eGaming is more than just a license. Certainly, this explains why you should also consider it. License holders also receive technical and financial support.
- The gambling laws are very simple. Even more, it does not matter whether you run multiple ventures. Whether you are planning to own an online casino, lottery, sports betting etc, all you need is one license and that takes care of everything.
- Why spend hundreds of thousands of dollars getting just a single license for a single business venture? Why spend so much time going through the unpleasant application process of most of the other issuing bodies? Certainly, this is more than enough reasons to consider the Curacao eGaming license.
Do not get carried away
Certainly, do have their bad sides and we have to keep you informed as well. Here are some of the reasons why you have to consider some other alternatives if you can:
- Not everyone will consider this a drawback. However, the player at the receiving end surely does. The fact that the application process to obtain the Curacao eGaming license is not thorough reduces its level of acceptance.
- There have been plenty of issues reported about many online casinos licensed in Curacao. Of course, this could happen. However, the concern is how it was resolved. In most cases, it did not end well for the players. Hence, many have learned not to trust such platforms with the Curacao eGaming license.
Curacao Gaming License Cost Drivers
Final Remarks
Curacao Internet Gaming Association
As already mentioned, there are some good casinos licensed in Curacao. However, it takes a lot to years to build such a reputation. Hence, if you are looking for a cheap license, it does come with some dues. New Casino Sites UK is always on top of the different gambling licenses. Keep checking back for the latest information.