Gibraltar Gambling License
Located on the Iberian Peninsula, Gibraltar is a British Overseas Territory. A post-Brexit member of the European Union, Gibraltar is widely recognized as an international tax haven. Moreover, the country is well respected by offshore professionals not only for its favorable tax structure but also due to the level of sophistication and development of its financial services sector.
Gibraltar is unique in that its economy is based almost entirely on its status as an offshore financial services center. This includes the offshore gaming industry, where the Gibraltar Regulatory Authority has issued well over one hundred online gaming licenses. In fact, some of the world’s most notable online casinos have chosen Gibraltar for their licensing jurisdiction.
Gibraltar is an ideal jurisdiction for obtaining an offshore gaming license. The Gibraltar Regulatory Authority has fostered a flexible framework for e-Gambling business operators. Moreover, the jurisdiction has maintained a solid reputation among both operators and players alike.
Advantages of a Gibraltar Offshore Gambling License
He global gambling industry generate revenues in excess of $500 billion annually. The streamlined and cost-effective process of obtaining a Curacao Remote Gaming 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, Gibraltar nevertheless remains a premier destination for obtain an offshore gambling license.
Gibraltar Gambling License at a Glance
License | Remote Gambling License |
Time to License | 5 to 6 Months |
Capital Requirement | Varies |
Tax Structure | Zero (0%) Percent Tax on Income |
Economic Substance | Yes |
Local Director | Yes |
AML/KYC | Yes |
Audit | Yes |
Resources
The Gibraltar Gambling License Package
- Formation of Gibraltar private limited company
- Preparation and drafting of shareholder & officer agreements.
- Preparation and drafting of requisitienarrative business plan.
- Prepare required five year financial projections.
- Preparation and drafting of current financial statements
- Preparation and drafting of personal financial statements for owners
- Identification and draft letters naming principal representative and nominee director(s)
- Draft and prepare client service agreements & website disclosures
- Preparation and drafting of Gibraltar remote gaming license application
- Respond and draft responses to Gibraltar regulator application inquiries.
- Establish corporate bank accounts suitable for gaming operations
- Prepration and drafting of AML/KYC policy agreements and related documents.
- Establish payment processing accounts suitable for gaming operations
- Provide for required physical presence and local director
- Draft and prepare any and all other reasonably necessary documents
Contact the Gibraltar Gambling License Experts
Trust our over fifty year’s combined experience in creating innovative solutions for our clients. Contact the offshore gaming license experts at FinLaw to begin the process of obtaining your Gibraltar gambling license today. Our knowledgeable and skilled professionals are pleased to answer any of your questions.
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