Introduction to a Curacao e-Gaming License
For many new online casino brands, they are looking to enter the online gambling industry through a Curacao e-Gaming license. It has quickly grown across the industry, as one of the now most popular licensing providers, with over 1,200 different gambling operators and this is growing every month. It still remains a top choice, with them also providing an easy and fast process for all non uk casinos looking to pick up a gambling license.
Process for getting a Curacao Gaming License
The entire process of getting a Curacao Gaming license is usually around 10 to 14 weeks, which is why it is so popular currently, as one of the fastest methods to getting a gaming license for operators world-wide.
This process includes a Consultation, Document Preparation, Application Submission, Approval and Setup and then finally Launching.
Applicants must still go through many due diligence measures throughout the process to verify all aspects of the application. These will include:
- Passport
- Utility Bill
- Police Clearance Certificate
- CV
- Banker’s Reference Letter
- Professional Reference
- Software Agreement or RGN Certification
- Proof of Domain Ownership
- Terms & Conditions
Benefits of a Curacao Gaming License
- Fast Licensing Process
The first benefit of a Curacao Gaming license has to be the fast, efficient process and how cost effective it is. If all documentation is correct and in-place, then the entire process usually takes around two months but one month in some cases. They have just increased fees and it now stands at around 60,000 costing annually.
- Simple Application Process
The process is a very simple one and that is why so many European casinos look to pick up a license through them. It is also easy to find many different companies, who can assist through the entire application process, to help further speed up the process.
- Full Licensing Coverage
Another benefit to obtaining a Curacao Gaming license is that it covers a full licensing coverage. This includes online casinos, table games, poker, bingo, lotteries, eSports and sports betting. This is in comparison to other licensing, where you have to apply for each separately.
- Tax Advantages
Curacao also provides very favourable conditions for taxes for online gambling operators. It means they will have significant reduced taxes on profits in comparison to pretty much all regions around the world and much less than most other gaming jurisdictions around the world. Curacao offers 0% corporate tax for foreign generated income, with no sales tax or VAT.
How to Maintain a Curacao Gaming License
Online operators will need to continue to ensure standards to maintain a Curacao gaming license. This includes keeping to regulatory standards, annual reporting and continuing to renew the license. There are companies like Fast Offshore who are able to maintain these standards, so no issues pop up for Curacao licensed operators.
History of a Curacao Gaming License
Curacao has fast become one of the largest in the online casino world. They first pushed out legislation back in 1993, before then releasing a Gaming license back in 1998. They have continued to evolve over the years, to fast become of the world’s most followed and innovative iGaming hubs.
Licensing Authorities and Sublicenses
Up to 2023, licensing through Curacao was issued across sub licensing, which were seen across four different master holders. These being:
- Cyberluck Curacao N.V. (#1668/JAZ)
- Gaming Services Provider N.V. (#365/JAZ)
- Curacao Interactive Licensing N.V. (#5536/JAZ)
- Antillephone NV (#8048/JAZ)
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