How to get a gaming license in Curacao 2023

Why Curacao?

Online gambling has become a booming industry in recent years, with many countries looking to capitalize on the potential for revenue and economic growth. One such country is Curacao, a Caribbean island and a constituent country in the Kingdom of the Netherlands.

Curacao has long been known for its warm climate, tropical lifestyle, and business-friendly environment. In addition to industries such as shipping, oil refining, and international trade and finance, the country has also become a hub for tourism and other services, including e-commerce like iGaming. In fact, the iGaming industry has been a major contributor to the country's economy, with many online gambling businesses setting up shop in Curacao.

One reason why Curacao is such an attractive destination for online gambling businesses is its long track record in the industry. Back in 1993, the National Ordinance on Offshore Games of Hazard was introduced, legalizing online gambling. Three years later, in 1996, authorities began issuing licenses to online gambling operators. This made Curacao the first jurisdiction to regulate and legalize online gambling, giving it a significant head start in the industry.

Since then, Curacao has become one of the most sought-after jurisdictions for licensing online gambling businesses. Its modern infrastructure and business-friendly tax rates make it an ideal offshore business hub, attracting companies from all over the world. In fact, Curacao is home to some of the biggest names in the iGaming industry, with many companies basing their operations on the island.

In order to obtain a license in Curacao, online gambling operators must adhere to strict regulations and guidelines. This includes ensuring that all games are fair and transparent, that player data is kept safe and secure, and that responsible gambling policies are in place. In addition, operators must be able to demonstrate that they have the financial resources to operate their business and that they are able to pay out winnings to players.

Overall, Curacao's long-standing reputation as a leader in the online gambling industry, combined with its business-friendly environment and strict regulations, make it an attractive destination for online gambling businesses lookin

Benefits of Curacao

There are plenty of jurisdictions with regulators that offer licensing services, but here are a few reasons why Curacao should be at the top of your short list for where to set up your business:

One sub-license that covers all types of gambling
Affordable and cheaper than in other jurisdictions
Fast since a license can be received in approx. 6 weeks
Crypto payment are accepted from compliant operators
Low taxes with 0% corporate income tax, 2% tax on net gains

How do you get a Curacao gaming license?

While Curacao’s licensing process is easier than that of many other jurisdictions, that doesn’t make it foolproof. There are highly detailed requirements that have to be satisfied, and even the tiniest mistake could snowball into a massive waste of time and effort. Here are the steps for getting licensed in Curacao:

Incorporate a business in Curacao
Gather the necessary paperwork
Submit your application and pay the application fee
Wait approximately six weeks
Begin operating your online casino

Before the approved license is finally issued, the master license holder’s technical compliance team will review the site. This means that the domain name, server, and platform don’t necessarily need to be finalized at the time of application, but they must be ready to go before the license is issued.

What do you need to apply for a Curacao gambling license in 2023?

In order to properly establish the credibility and eligibility of applicants, authorities require a long list of paperwork. Depending on the master license holder, the list will include (but won’t be limited to):+

Original Utility Bill (not older than 3 months)
Copy of passport
Resume (CV)
Original certificate of good conduct
Original bank reference letter
Professional reference letter
Second ID

It’s necessary for applicants to assemble and review all of the required documents before submitting their application. This is where most failed applicants go wrong — depending on the master license holder, even a small mistake on the highly complicated paperwork could result in a rejection.

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