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Gaming Licences >
Regulated Jurisdictions
> Curacao
Curacao iGaming Licences
General
Information: |
Curaçao is one of the 5 islands
making up The Netherlands Antilles, formed part of the Kingdom of the
Netherlands. |
Currency: |
The Maltese Lira (LM) - approx EUR 2.4) |
Language: |
English and Maltese are the
official languages but Italian is also widely spoken. English is the
business language. |
Human Capital: |
Highly educated workforce; IT focused;
multi-lingual |
Living Conditions & business facilities: |
High standard of living; relatively low cost;
reliable and efficient network of airline operators; relatively cheap office
space; good health services; excellent education |
Characteristics of the Curacao
Remote Gaming Licence
Regulatory Body |
The licence is granted by the
Governor of Curaçao |
Type of Licenses: |
Only
one eGaming license type in Curacao.
This
covers operators of services, software providers, network operators, service
providers, common platform operators, affiliates, marketers and white-label
operators. The licence covers games of skill, chance and wagering.
Curaçao offers two formats to be licensed:
a)
Master licence;
b) Sub-licence.
A
master licence licenses the e-gaming company itself, and in addition
opens the possibility to sub-license third parties subject to the
responsibility and covenants under the master licence.
A
sub-licence - under a master licence - offers the same rights to run an
e-gaming business legitimately, but without the possibility of further
sub-licensing. |
Gaming Tax: |
0% tax on gross bets |
Government Application &
License Fees: |
Guarantee deposit: NAƒ.60,000
(c. € 34023)
Holders of a master licence pas
NAƒ.10,000. (c .€5670)per month during the first two years of the license.
After that, the amount of the license fee is negotiated.
Sublicenses are procured from a
master licence holder, range from $2,000 to $4,000 USD. (c. €1393 to €2787). |
Estimated time-frame to obtain a
licence |
Within five days from an
application having been received, the Department of Justice will check
whether the accompanying documents are complete. From the moment the
application is complete, the department will take six weeks to conduct an
investigation.
If after six weeks the investigation has not been completed but there appear
to be no objections, a provisional license may be granted for a period of
six months (provided the applicant himself is not to blame for the delay in
the investigation) |
Validity of Licence |
The master licence is valid for
5 years and is automatically renewed if conditions and requirements are met.
The sub-license is valid for an indefinite period |
Type of Company: |
The company must be an e-Zone
company in Curaçao. It must have its physical primary operating servers
operate out of Curaçao. As a minimum, player information, game logic and
financial transactions must be operated on computer hardware situated within
the Curaçao e-zone.
The e-Zone company is a limited
liability or a private limited liability company |
Company Taxation: |
E-Zone license qualifies one to
a 2% corporate net profits tax through 2026. There is no sales tax, no
import duties, no VAT and no restriction on dividend withdrawals. |
Curaçao Bandwidth Provision
Internet Connectivity |
Multi-gigabit; 5 international
fibre links; self-healing ring; fully redundant |
Curaçao
Financial Services
Banking |
Curaçao offers a wide range of banks that offer
corporate and personal bank accounts to e-commerce operations and their
employees. |
Payment Gateway |
EuroConsulta can assist e-gaming operators in
obtaining
e-payment solutions for collecting funds and paying winnings. |
Gaming Licences >
Regulated Jurisdictions
> Curacao
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