Isle of Man Gambling License
The Isle of Man is a self-governing British Crown dependency located in the Irish Sea. While not part of the European Union or Commonwealth, the Isle of Man has established itself as an offshore banking and financial services center. The small island nation offers zero taxes on corporate income, making it attractive to multiple, large international holding companies. In particular, the island nation is known for its popular Isle of Man Gambling License.
The Isle of Man has fiercely protected its offshore services industry. This has included both its banking and online gambling sector. As a result, an online gambling license issued by the Isle of Man is known worldwide as one of the premier licenses for an operator to have obtained.
The Isle of Man is an ideal jurisdiction for an offshore gambling license. With an extremely favorable zero tax regime and a universally accepted and regarding license structure, many notable online casinos, lotteries and sportsbooks now call the Isle of Man home. While offering one of the more strict regulatory regimes, operators and players alike are drawn to the Isle of Man Gambling License.
Advantages of an Isle of Man Gambling License
The global gambling industry generate revenues in excess of $500 billion annually. The streamlined and cost-effective process of obtaining a Isle of Man Gambling License can grant you access to this extremely lucrative market in a matter of mere months. As an increasing number of jurisdictions begin to legalize and regulate gambling, Isle of Man nevertheless remains a premier destination for obtain an offshore gambling license.
Isle of Man Gambling License at a Glance
|License||Online Gambling License|
|Time to License||4 to 5 Months|
|Tax Structure||Effective Rates Approaching Zero (0%) Percent|
The Isle of Man Gambling License Package
- Incorporation of Isle of Man or comparable offshore corporation
- Arrange for local registered officer and local directors, if required
- Draft corporate bylaws, minutes and owner share issuances
- Establishment of corporate bank account suitable for forex operations
- Establishment of merchant service account for accepting credit and debit cards
- Draft requisite business plan, financial statements and financial projections
- Draft requisite Anti-Money Laundering & Know-Your-Customer policies
- Arrange for requisite surety bond
- Prepare and process application for Isle of Man Gambling License
- Representation before licensing regulatory authority, banks and liquidity providers
Contact the Isle of Man Gambling License Experts
Trust our over fifty year’s combined experience in creating innovative solutions for our clients. Contact the offshore
gambling license experts at FinLaw to begin the process of obtaining your Isle of Man gambling license today.
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