Getting Curacao gaming license is the right way of entering sports betting and other betting as the leading betting ID providers or casinos in legal way. Before you do anything, it is important to know about the Curacao gaming license cost. The cost is not fixed; while the estimate of the cost related to the obtaining of a gaming license in Curacao is based on varied key points. According to experts, creating a Curacao company means you need legal and notary costs that are estimated to be $5,000 that depends on the specific wishes of the client for the Articles of Incorporation, the type of shares, number of shareholders and the number of documents to draft.
Hire a local director and obtaining a domicile in Curacao may cost around $1000 per month.
Another crucial point to consider about Curacao gaming license cost is opening a bank account for the company. It is done by the local director that will do this. Costs are estimated to be between $1000 and $2000 that depends on the amount of work to be done for competitive request of the bank.
The local director will apply for a payment gateway provider and the estimated cost will be around $1500.
Not to mention the application for the gaming license and the application is usually done by lawyers who will verify that all necessary information – obtained. Expected fees for the application are around $5000. Not to mention the payment of the gaming license and the fee is around $15000 per year that needs to be paid to the Government of Curacao.
Estimated total startup costs include $30,000. Experts from the selected law firm will guide you about the Curacao Gaming License Cost.