Comparison of license fees for setting up
an eGaming company in different jurisdictions
License fees can be divided into several categories that vary depending on the jurisdiction. Usually there is an initial set up cost, annual cost, monthly fees, and possibly a host of other expenses depending which kind of licenses and for which country it is applied to.
In addition to this the companies are often subject to increased rate, or a lump sum, of tax or fees should their revenue exceed certain thresholds. Some jurisdictions levy VAT, import duty, corporate taxes and other fees on top of this, while others opt for a simpler system which covers all expenses through a single tax bracket.
In addition to this the companies are often subject to increased rate, or a lump sum, of tax or fees should their revenue exceed certain thresholds. Some jurisdictions levy VAT, import duty, corporate taxes and other fees on top of this, while others opt for a simpler system which covers all expenses through a single tax bracket.
Leading Gambling Regulators
Licensing process | Application fee (Non-refundable) | Price per year | Gaming Taxes | License Categories | |
---|---|---|---|---|---|
Curacao | 2 - 4 weeks | 2.000 EUR | 8.000 EUR | 2% on net profit | 1 |
United Kingdom | 12 - 16 weeks | 2.000 - 60.000 GBP | 2.000 - 155.000 GBP | 15% on gross profit | 7 |
Isle of Man | 10 - 12 weeks | 5.000 GBP | 35.000 GBP | 0.5 to 1.5% on gross profit and 15% on pool-betting | 4 |
Malta | 16 - 24 weeks | 2.330 EUR | 6.900 EUR | Casino – 7000 EUR monthly Betting – 0.5% of gross bets Poker – 5% of real income | 7 |
Gibraltar | Extremely extensive and time taking | 2.000 GBP | 2.000 GBP | 1% on turnover, with minimum of annual tax of 85.000 GBP | 7 |
Antigua | 4 weeks | 15.000 USD | 75.000-100.000 USD | 3% on net win | 2 |
Kahnawake | 4 - 8 weeks | 15.000 USD | 20.000 USD | 0% | 4 |