What Is A Curacao E-gaming License And How To Get It

Our team can help you with your Curacao E-gaming license. Contact us and we will help you with the process.

Curacao isn't exactly a tax haven, but it offers impressive tax benefits and simple licensing processes for e-gaming. Curacao has been giving e-gaming licenses since 1996, making it one of the early pioneers of this type of business.

About Curacao
According to the Kingdom of the Netherlands website, Netherlands and you, "Curacao became a constituent country within the Kingdom of the Netherlands on October 10, 2010.

Consequently, Curacao now controls and manages its own internal affairs as an autonomous country with special areas being managed by the Kingdom, such as extradition, defense and foreign relations."


Curacao E-gaming Industry
The island has almost 25 years of experience dealing with e-gaming. Online gaming in Curacao is nearly as old as e-gaming itself.

As financial services in Curacao are so essential for its economy, it has cutting-edge IT connectivity, which includes a tier IV data center, plenty of direct satellites and submarine optic fiber cables. All this means Curacao has one of the best internet speeds in the western hemisphere.

Curacao holds some of the best-known names in the gaming industry. It offers a reliable system of licensing for gaming activities such as gambling, betting, and ability-based games.

Through a license and sub-license system, Curacao provides a set of authorizations that offer a wide spectrum of services for e-betting.

A master licensee can sub-license his rights to execute an e-gaming operation to other service providers that may operate under the sponsorship of the master license.

That means that a series of a few main licenses allow a deep platform of sublicense operations that cover a large variety of games and services such as betting, casino, poker, software supply, and more.

Some of the key benefits of the license are that it has an indefinite validity, a swift, 45 days process, and all games are authorized under one license.


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Best Reasons to Get An E-gaming License In Curacao
These are someof the best reasons to get a Curacao e-gaming license.

The Tax Benefits
You can enjoy a reduced 2% corporate income tax rate for your operations until 2026. Furthermore, your VAT rate is zero percent.

Curacao has a free trade policy for foreign investors in e-gaming where it takes a small portion of their income for allowing them to operate from the island.

One License For All Your Services
Most e-gaming jurisdictions require different licenses with different costs and different requirements to run your business.

That means you usually need to apply for at least two separate licenses and some additional permits to run your business legally.

That's not the case with Curacao. One umbrella license allows you to provide all gaming services.


The iconic Penha Building in Willemstad, Curacao

Lifetime License
Once you get the license, it's yours to lose. That means you don't have to update or pass through bothersome re-approval processes from time to time.

As long as you play by the rules (fair play for all, self-exclusion policy, prohibition of underage gaming) and keep solid financial records, you won't have any issues to continue operating.


Sub-licensing
If you hold a master license, you can grant sub-license for different gaming services and operations to other companies.

That means you can basically lease your license as an umbrella license that covers many different sub-licenses, which creates an additional income for your company.

However, you must take into account that you will be held responsible for the activities of the sub-licensees. It will allow you to offer packages that include the sub-license, business license, and hosting services for a competitive price.


Cutting-edge IT infrastructure
Curacao has one of the fastest internet speeds in the Americas and has a cutting-edge technological infrastructure.

The country relies significantly on financial services and fintech and, thus, has invested a ton in sustaining a decent infrastructure. This means you won't have any web hosting issues while operating your business from Curacao.


Aerial view of Willemstad Curacao

Curacao E-gaming Advantages Over Malta
These are some of the distinct advantages Curacao have over Malta?

• Affordable setup
• Simple application process
• One-size-fits-all license
• Better tax optimization opportunities

Requirements For Getting A Curacao E-gaming License

• The applicant must establish an e-zone company in Curaçao with a local administrator.
• The company must also show standard due diligence information and documentation related to the beneficiaries and the business.
• The hardware must be located in Curaçao.
• The solicitant must have a registered web domain for its gaming operations
• A software agreement to create an e-gambling business in Curaçao. It must detail the games the company  will offer and how the software will be updated and secured once it starts working.
• Certificate of Random Number Generation Test (RNG)

In general, aside from the above-mentioned, you'll be required to submit the following (take into consideration that the authorities may ask for additional documents and information) documents:

• Of all owners of the company (all documents must be of less than three months old):
• Police clearance
• Certified passport copies
• Original banking references
• Original professional references from an accountant or lawyer
• Proof of residence
• CV
• Description and details of the games to be offered and the software to be used
• Geographical target market
• Copies of the terms and conditions, which must include:
• Gaming policies for underage
• Responsible gaming policies
• AML policies
• Holding of at least one security copy of the client and transaction database in Curacao

Process To Get A Curacao E-gaming License
The setup process.

• Establishing the holding company for the sublicense and the contracting and trading company (6-9 weeks)
• Obtaining the sublicense (1-2 weeks)
• Credit card merchant account and corporate bank account (6-9 weeks)

The entire process, from the preparation phase to the final setup where the company is ready to operate, takes between 12 and 20 weeks. This is providing that you provide all required documents in a timely fashion.

Our team can help you with your Curacao E-gaming license. Contact us and we will help you with the process.

Check out these other Citizenship and Second Passport options.
▸ The 5 Best Second Passport Islands In The Caribbean
▸ How To Get Panama Residency And Other Visas
▸ Important Facts And Benefits Of A Vanuatu Second Passport
▸ Grenada Citizenship By Investment Program
▸ St Kitts And Nevis Citizenship By Investment Program
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