The absence of a VAT, a low corporate income tax, and a wagering tax in Curacao are further benefits for an owner. Political stability has long been a hallmark of Curacao's progressive parliamentary system.
The financial services industry is well-established, and there is already a top-notch telecom and internet infrastructure in place. All things considered, Curacao presents an extremely attractive environment for international online gambling companies to launch operations. The advantages of holding a Curacao license are numerous.
Curacao's positive traits make it a smart pick
Many countries and territories today offer some sort of license for operating an online casino or gaming business. There are many factors that affect these curacao online gambling license cost.
The Curacao gambling license is issued by whom?
The Curacao Gaming Control Board is in charge of administration there. Additionally, it sets forth the procedures for obtaining the gaming license necessary to run Curacao's online e-gambling operations in addition to regulating the casino's operations. Curacao legalized the internet gaming industry. Since then, licenses for online gaming have been issued by the minister of finance, who is in charge of regulating the online gambling sector. In 2018, the Minister of Finance tasked the Curacao Gambling Control Board with overseeing the online gambling sector. Then, including the internet gambling sector, it was designated as the supervisor for all gaming sectors operating in and out of Curacao.
What is the Curacao gambling license?
There are two main kinds of licenses. Since 1996, the Curacao Minister of Justice has only granted four master licenses, each of which is only good for five years.
As long as the master license is still in effect, the proprietor of a single master license may sell additional Curacao sub-licenses. It is no longer feasible to submit an application for a master license as only sub-licenses are being granted.
The implementation of various gambling operations is permitted via sub-licenses. One license covers all games, including online casinos, slot machines, sports betting, eSports, lotteries, and games of skill and chance.
Businesses with a Curacao address are the only ones eligible for the Curacao gambling license. It is one of the least expensive in established gaming jurisdictions, and it can haggle for the best price on your sub-license with a master license holder.
Conclusion
It is no longer possible to obtain a Curacao master license instead of a sub-license because the Curacao Gaming Control Board is no longer issuing new master licenses.
