Both these licenses have their advantages. However, changes constantly occur in gaming legislation, so we compiled the information on legislation in different countries. Read about it in this section. Curacao license. The Curacao license is a perfect balance between the cost and quality. It takes only 2 weeks to obtain it, it is economical, and A Proposal to Regulate E-Gaming President Laura Chinchilla announced in 2013 that the Costa Rican government was interested in regulating and licensing online gambling. The Finance Ministry released draft plans to issue licenses to providers for an annual fee of $50,000. Depending on where you go, you could expect to pay anything from $15 – $35k per annum. This cost depends on what you plan to do and where you obtain your license from. Gambling License: Costa Rica offers the ideal online gambling license for start ups, some of the largest online gaming companies of the world started in Costa Rica. The gambling license offered in Costa Rica is known as a data processing license and is actually an equivalent to a gambling license per se that has a comparatively low cost if compared to other licenses available in Panama The online gaming industry expert says Canada's Kahnawake Mohawk Territory offers quick set-up time and cost efficiency in obtaining an online gaming license, allowing startups to cater to players from most countries in the world. He delves into the benefits, kind of licenses, requirements and application process. How much does a gambling license Curacao cost? The cost of gambling license depends on many factors and can vary depending on the availability of the client’s personal resources. In total, Curacao license will initially cost under 20,000 euros. Compared to other jurisdictions, the price is really affordable. Curacao gambling license allows to open an account at the European bank branch and seamlessly connect every reliable payment system to the online casino. Licensing fees include a permanent license fee of USD 5,000, a USD 5,000 license renewal fee, and USD 500 for legal costs. There is no betting or gaming tax, and revenues generated from foreign sources are not taxable; only revenue earned within Costa Rica is subject to taxes by the tax authorities. Gambling License from Source. ENG | RUS. Company Profile. CostaRica Casino offers a broad-based practice with a full range of legal services with the main focus on licensing of online gambling projects such as online casino, online poker room, online bingo, online sports betting and other games on chances. The only one jurisdiction we work in is the Republic of Costa Rica. CostaRica Casino An online gaming company can provide gambling from Costa Rica and offer payments and deposits in cryptocurrency. Once the concept of the platform has been proven and any issues have been ironed out, the operator can proceed to acquire an actual license from a jurisdiction such as Curacao, Kahnawake or Malta to operate in a fully licensed manner. Costa Rica Gaming License Cost. As there is no Costa Rica gaming license, there is no cost associated with this. There are however costs for setting up a company in Costa Rica for gaming purposes. Prices for a Gaming Company in Costa Rica may vary depending on the requirements you have and the services you need. We have created a standard package with absolutely everything that is required to operate.
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