Curacao gaming license

Curacao has been deemed the easiest and most accessible jurisdiction for licensing an online casino. The process of acquiring a license is quick and doesn't require long, tedious operations. Curacao also offers a universal license that covers all types of games. You don't need to obtain licenses for different iGaming services such as live betting, sports betting, e-sports, and casino games.

A Curacao iGaming license is the best choice for you if you're looking to make your first steps into the booming iGaming market. It can help turn your dreams into reality in a short time. You can read the following article about the very specifics of how to get a curacao iGaming license in 2023 or get general information about the online casino licenses.

Types of gaming licenses in Curacao

There are only two types of licenses: the master license and the sublicense. Master licenses can only be issued by the Minister of Justice. Master licenses and sublicenses both allow the holder of the license to engage in all types of gambling activities. However, the main difference is that sublicenses can only be issued by master license holders.

Master licenses last for five years. As long as the master license is valid, sublicenses that are tied to them will be valid indefinitely. Master license holders generally release sublicenses for 1 year period but if there are no violations from the side of the operator, sublicense will be renewed automatically. Currently, there are only four master license holders, the first two being the most authoritative ones. The complete list of master license holders include:

• Curacao eGaming
• Gaming Curacao (GC)
• Antillephone NV
• Curacao Interactive Licensing NV

The benefits and limitations of the Curacao gaming license

The Curacao iGaming license brings many benefits to the holder. These include the advantages related to the operation of the gaming company, corporate and fiscal benefits and many more.

Ø Easy and unproblematic

The acquisition process of a gambling license can be a quite challenging task, requiring undergoing dozens of exhausting and demanding practices. In the case of Curacao, you are free from such chains and shackles. There is no necessity of compiling masses of documents and application forms. The amount of bureaucratic load is quite narrow and oppressed. Curacao offers the quickest and simplest way of receiving the iGaming license. There are only smooth procedures of ongoing maintenance and fit and proper test, which do not take too much of your effort and time.

Ø Cost-effective and fast

The time it takes to acquire the Curacao iGaming license is the shortest compared to other jurisdictions providing the gaming licenses. Needless to say, there are factors that depend on you, such as gathering all necessary documents, which must be notarized and up to date, but it doesn’t require too much of your time. After gathering all documents, the whole process may last for only two days. In terms of expenses, you only need to pay setup and ongoing maintenance costs.

Ø A license that covers all types of games and services

A large variety of jurisdictions offer different kinds of licenses for different sorts of games you plan to offer to your clientele. Some of them even go further by issuing extra permits for different types of games, implying that you must go through the licensing process in a separate, one-by-one manner for casino games, slots, live casino, sports betting, and so on.

On the other hand, the Curacao iGaming license encompasses all iGaming-related content in a single license. Every online casino operator wants to have a manifold, diversified content portfolio. Curacao gaming license provides an excellent chance to build the one by moving off the unnecessary legal obstacles along the way.

Ø Low taxes

After getting a Curacao gaming license, you are not required to pay high taxes from your revenue. In fact, what you might be paying is very low. Curacao involves 0% corporate income tax and only 2% tax on net gains. Nonetheless, bear in mind that income must be sourced from foreign countries.

Limitations

Curacao licensees may have a limited number of target markets. Depending on the master license holder they choose to cooperate with, they may not be able to accept players from Curacao, France, the Netherlands, and the USA. Licensees who will allow players from these four territories to gamble on their website will be at risk of losing their licenses.

Nevertheless, the curacao gaming license is still a highly sought-after and a very prominent, attractive option for iGaming operators.

Conclusion

Curacao Gaming License will be the right option for you if you're new to iGaming or wish to launch your online casino quickly without long delays. Curacao is a well-respected jurisdiction in the iGaming business with a long history and good reputation. In addition to the many benefits we've already discussed, you get the support of an experienced, trusted authority. To read the full article follow the given link: Curacao gaming license.