Gambling Industry in Curacao

Curacao is a small country located 64 kilometers off the coast of Venezuela. Apart from being a tourist-magnet, this small island is also a perfect place for everyone who wants to start an online gambling venture.

Having legalized online gambling in 1996, Curacao quickly emerged as one of the top regulators for all kinds of online platforms, including casinos, sportsbooks, and more. A Curacao license will allow you to offer services in almost any country in the world except for the US, the UK, the Netherlands, and France.

Let’s take a deep dive into Curacao’s law regarding gambling and how GamingLicensing can help your iGaming businesses.

Types of Curacao Gambling Licenses

The good news is that Curacao doesn’t have any licensing categories. The regulator offers a one-for-all license.

If you own a B2C business, you’ll be able to operate online casinos, online poker, online sports betting, online bingo, lotto, and many other online gambling activities. Moreover, B2B businesses will be able to distribute and sell their API with a Curacao license legally.

Curacao licence by SoftGamings

Law Services

SoftGamings offers a legal service for everyone who wants to start an online gambling-related business and obtain a Curacao license. Our team consists of gambling industry professionals, lawyers, company administrators, intellectual property attorneys, agents, and more.

Some of the services we offer for our customers who want to obtain a Curacao license are:

  • Company registration in Curacao
  • Local managing director
  • Local physical address
  • Gaming license
  • Minimum gaming hosting and server space
  • Curacao data backup storage
  • IP agreement
  • Support throughout the application process
  • Consultation

Gambling Law Advantages

Curacao’s lawmakers were among the first to recognize the impact of the online gambling industry, gaining a significant advantage compared to other regulators.

Therefore, the country’s regulator has plenty of experience in monitoring businesses around the world. Our team also has plenty of experience in the area, as we’ve been in the industry since 2010.

The country’s legislative framework is designed to provide plenty of advantages for everyone interested in starting an online gambling business. There’s no need to apply for a specific license depending on your company — one charge covers all. Despite that, there’s a technical side that you need to understand to get that license, and it takes time to study it carefully. Luckily, our team of specialists takes care of the technicalities so that you can focus on the business.

Our team has gone through the registration process repeatedly for plenty of businesses, so we understand what it takes to obtain a Curacao eGaming license. We make the license-acquiring procedure convenient for our clients.

Perhaps the most important thing that we can help you with is forming a banking structure in Curacao, cutting a lot of red tape in the process.

Our Clients

We have experience working with a wide array of companies that are more or less related to the iGaming business. What all of them have in common is that they wanted a valid license from a reputable regulator.

We’ve offered our services to online casino operators, bookmakers, casino machine developers, online poker rooms, finance specialists, and more. Moreover, we’ve worked with all kinds of businesses loosely related to gambling, such as affiliate companies, skin set-ups, marketing companies, and more.

Key Requirements to Get a License

To get a Curacao license, you need to register a company in the country’s E-Zone. It means that all servers and hosting needs to be done in Curacao, but you can operate the company from any country in the world.

Moreover, the software that your online gaming business uses needs to be audited for fairness to ensure that its outcomes are random.

Finally, you need to submit all the legal and financial documentation for revision.

License Cost and Taxes

The fee for getting (and renewing) a Curacao license is €21,900 per year + 6% sales tax. The price includes two domains and one Validator. The Curacao income tax is just 2% and is not subject to VAT or corporate profit tax.

Application Procedure

Here’s a simplified version of what the application procedure looks like for a Curacao license.

  • 1. Incorporate a business in Curacao
  • 2. Gather the paperwork necessary to get a license
  • 3. Submit your application and pay the fee
  • 4. Wait about six weeks to learn whether your license is approved
  • 5. Start your online gambling business

Of course, if you’re not sure how to do this, you can always ask us for help, and we’ll take care of the entire process for you. The detailed application process is described in Curacao eGaming’s IP License Compliance Services Guide.

Maintenance

The only thing you need to remember is to pay the annual license fee of €21,900 per year + 6% sales tax to maintain your license.

Feel free to contact us at cs@softgamings.com if you want to learn more about anything related to obtaining or maintaining a Curacao license.