Rosloto proposes its customers to buy a Gibraltar casino license. We provide a wide selection of services aimed at the quick launching of the gambling projects in this promising tax jurisdiction. The gambling business can bring a decent profit and reach self-sufficiency in the first months of the company operating, thanks to the loyal legal conditions of this state.
Gibraltar is the territory of the United Kingdom, which is part of the European Union. EU membership opens up lots of opportunities for the gambling industry in this country.
Clear and transparent legislation and a simplified tax system have been developed here. This direction is incredibly demanded among many consumers. The favourable political conditions and the absence of conflicts make Gibraltar casino gambling license one of the most popular and respected in the world.
The Gambling Act is the basic document, according to which the entire gaming industry works. The law was signed in 2004. Initially, the act was developed for the UK and its controlled territories. Over time, the wording of the law was changed. This fact provided Gibraltar with additional preferences in terms of business management.
The Gibraltar gambling license can be characterised by the following advantages:
- The possibility to work in all EU countries legally. This option is available for casino owners because this territory is part of the European Union since 1976.
- Simplified taxation. There are no VAT, property taxes, and dividends. At the same time, businessmen pay 0.15% of the total net profit per annum. Moreover, tax breaks apply to the first earned £100 thousand.
- Quick opening of merchant accounts in any bank in the world. Connection to international IBAN and SWIFT transfer systems is provided.
- The high prestige of the Gibraltar casino. Obtaining a Gibraltar gambling license increases the reputation of the business automatically, making it profitable and competitive.
- Government assistance. The legislation is protected from any changes until 2030. Casino gambling license is supported by the state because the authorities consider gambling one of the most promising areas for the next decade.
- A vast selection of related services. This niche is occupied by brands specializing in the development of games and online slots, production of casino equipment, financial consulting, and marketing promotion.
There are two types of Gibraltar licenses:
The amount of the license fee, £, thousand
This Gibraltar casino license is designed for users of gambling resources. It is issued for online casinos, betting sites, lotteries, and ground-based gambling halls
This business permit is aimed at gambling maintenance projects. Gaming software providers and manufacturers of equipment for land-based establishments (servers, terminals, modems, etc.) should receive this license
The Gibraltar gambling license is valid for 5 years from the date it was received. Then, the document will require an annual renewal (£28.0 thousand for each next year of operating).
Gambling regulator deals with issues related to business licensing. The entire procedure, from registering a company to opening a casino with a Gibraltar license, takes no more than 90 days. These terms depend on the characteristics of the applicant and the package of documents.
Casino owners that submit a licensing application to an authorized entity of Gibraltar must follow such requirements:
- The actual presence of business in the country (the rental of office space, servers, and technical equipment are taken into account).
- Working experience in the gambling industry.
- Commercial accounts in the Gibraltar banks.
- State duty must be paid in full.
It includes a standard list of documents containing information about the registration, legitimacy, and financial viability of the company, all its shareholders, founders, and ultimate beneficiaries.
Applicants must provide detailed business plans, copies of contracts for the purchase of hardware and software. Ground-based equipment, as well as online casino servers, are checked by the gambling regulator very carefully.
The Gibraltar license is a profitable investment that will bring the company to an entirely new level rather quickly. The Rosloto team is ready to help with all matters related to getting permission in this prestigious jurisdiction. We have many years of experience in solving such tasks, excellent legal support, and a wide range of gambling products.
Rosloto is engaged in the development of online slots using HTML5, creating effective software, and building multi-level affiliate programs. In addition, you can order a turnkey online casino from us.
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