OBTAINING A
Curaçao
GAMING LICENSE
We offer hassle-free and user-friendly license
services for obtaining your
Curaçao License,
streamlining the process and providing
comprehensive guidance throughout the journey.
Curaçao was one of the first jurisdictions to recognize the potential of remote gaming and established its licensing regime in 1996 to cater to the gaming industry. EM Group has been the fastest growing corporate services provider in Curaçao, specializing in online gaming since 2005. We consistently outperform the market with our unique focus on client relationships and our full range of expert services.
Curaçao has one license, known as the Curaçao sublicense and is limited to legal entities incorporated in Curaçao, managed by a (local) resident. Due to the statutory requirements and supervision of operating iGaming transactions, this service is typically handled by a licensed trust service provider, subject to regulations from the Central Bank of Curaçao and St Maarten. The actual agreement (sublicense) is called an IP Agreement. It operates under the umbrella of a master license holder granted by the government Ministry of Finance and conforms to the Offshore Act of Games of Chance. The AML/CFT (Anti-Money Laundering/Combating the Financing of Terrorism) laws in Curaçao ensure that trust service providers abide by NOIS (National Ordinance Identification when Rendering Services) and NORUT (National Ordinance Reporting Unusual Transactions).
If you want to operate a virtual casino, sportsbook or another gaming platform, obtaining a Curaçao sublicense may be the right choice. The country has a well established history in the gaming industry, having been one of the first jurisdictions to recognize the potential of remote gaming. Read all about the benefits of a Curaçao gambling license here. At EM Group, we specialize in helping our clients obtain their Curaçao Gaming License, providing expert guidance and assistance throughout the licensing process.
We specialize in providing hassle free and user friendly license services for obtaining your Curaçao License, also known as a (sub)gaming license or an IP Agreement. We streamline the process, making it simple and straightforward for you.
As an applicant/Curaçao company, you will need to provide us with all relevant information regarding the owners and the applications and software utilized on your gambling website. We incorporate your Curaçao company and obtain your gaming license. The license can be obtained for various activities that meet the criteria set by the Master License Holder. It is classified into two categories: B2C (business to consumer = operator) and B2B (business to business = supplier), read more about different types of licenses in Curaçao here.
Our dedicated team ensures you receive comprehensive guidance throughout the licensing journey, empowering you to navigate the process easily. Let us help you obtain your Curaçao License smoothly, so you can focus on running your business effectively.
Applying for a Curaçao license usually takes around three months, depending on the complexity of your operations and the identification of Ultimate Beneficial Owners (UBOs).
- INTRODUCTION
- PRELIMINARY APPLICATION
- CLIENT
ACCEPTANCE &
COMPANY
FORMATION - LICENSEAPPLICATION
- GO LIVE!
As the applicant, you provide us with a summary of your business activities and information about the UBOs.
Based on this, we will create a proposal outlining our recommended services and their costs.
Once we receive your signed proposal and retainer payment, we can begin screening the UBOs, and your license application will be pre-approved
The UBOs will go through a thorough application process, providing the documentation required by Curaçao law. Upon approval, your company can be incorporated, and ownership of shares can be transferred to the intended shareholders.
As your recently appointed (local) managing director, we will prepare and file the license application.
It's important to note that you must have copies of software agreements and all other relevant documentation related to the games offered on the licensed sites, including Random Number Generator (RNG) information, certifications (if applicable), and the sites' terms and conditions, contracted with the Curaçao company.
At this stage, your company is active with a valid license, allowing you to finalize negotiations with third-party partnerships through written agreements. These partnerships may include banking, payment solutions, marketing entrepreneurs, and software-related collaborations.
ARE YOU READY TO APPLY FOR YOUR CURAÇAO LICENSE?
to discuss your specific needs.
Securing a Curaçao online gambling license is a crucial step for those venturing into the online gaming industry. The process to get an online gambling license in Curaçao involves several stages:
To kick off the process, you need to provide comprehensive information about your business, its owners, and the software you intend to use on your gambling website. This stage ensures transparency and accountability within the industry.
The application process generally takes around three months. The duration may vary based on factors such as the complexity of your operations and the process of identifying Ultimate Beneficial Owners (UBOs).
Meeting the compliance criteria set by the Master License Holder is crucial. This involves ensuring your software agreements, RNG information, certifications, and terms and conditions align with industry standards and regulations.
Applying for a Curaçao online gambling license can be complex, but with the right support, it becomes manageable. We can guide you through each step, reducing the risk of errors and complications.
The cost of obtaining a gaming license in Curaçao varies based on the type of license you are seeking and the specific services you require. The pricing structure is designed to accommodate both small and large operators.
It is important to note that the expenses go beyond just the initial application fee. You will need to consider ongoing fees for license maintenance, compliance, and other related services.
It is worth noting that while Curaçao offers competitive prices, the fees associated with securing and maintaining a license are investments that contribute to the credibility and legality of your online gaming company. It is also essential to budget for both the application process and the long term operational costs.
A Curaçao gaming license provides global accessibility for online gaming operators. While it is important to note that some countries have specific regulations that might restrict or require additional licensing, a Curaçao gaming license generally allows you to target a wide international audience.
Curaçao operates under a master license system, wherein the government authorizes a master license holder to issue sub licenses to other operators. This system provides flexibility and efficiency in securing licenses for various gaming activities. Master license holders are responsible for ensuring that sub license holders comply with regulations and maintain the integrity of the industry.
If you are an operator seeking to expand your online gaming business, obtaining a Curaçao sub license can be a strategic move. Sub licenses allow you to offer specific gaming activities under the umbrella of an existing master license. This option can save time and resources compared to applying for a new independent license, enabling you to tap into the online gaming sector swiftly.
Curaçao offers two main types of licenses: B2C (Business to Consumer) and B2B (Business to Business). The B2C license caters to operators offering gaming services directly to consumers, such as online casinos. On the other hand, the B2B license is for suppliers who provide gaming-related services to other operators, such as software providers.
Obtaining a Curaçao gambling license comes with various advantages:
Global reach: A Curaçao license allows you to operate internationally, reaching players from different parts of the world.
Flexible regulations: Curaçao offers a balanced regulatory framework that provides operators with flexibility while ensuring fair play and responsible gambling.
Cost effectiveness: The cost of obtaining and maintaining a Curaçao license is relatively lower compared to some other jurisdictions.
Streamlined process: The application process is straightforward, especially with expert assistance, helping you launch your business sooner.
Attracting players: A Curaçao license can enhance the credibility of your online gaming business, attracting players who value regulated platforms.
After acquiring your Curaçao gaming license, it is important to ensure its ongoing validity. This involves:
Curacao requires license holders to undergo regular audits to ensure their operations remain compliant with the established regulations.
Budget for renewal fees, which are typically due annually. This ensures your license remains valid.
Stay updated with any changes in regulations or compliance requirements to ensure your gaming operations remain within the legal framework.
As you venture into the online gaming industry with a Curaçao gaming license, remember that responsible gaming practices, transparency, and compliance are key to your long term success.
The Curaçao Gaming Authority, also known as the Curaçao Gaming Control Board, plays a crucial role in regulating and overseeing the online gaming industry in Curaçao. This regulatory body ensures that gaming operators adhere to strict standards, fair play, and responsible gambling policies. The authority also works to prevent money laundering and other illegal activities within the industry.
The Curaçao Internet Gaming Association (CIGA) serves as an industry association that represents the interests of online gaming companies in Curaçao. CIGA plays a vital role in promoting responsible gaming practices, advocating for favorable regulations, and fostering cooperation among gaming operators. Being a member of CIGA can provide valuable networking opportunities and insights into the latest developments in the online gaming sector.
The process of acquiring a Curaçao gaming license involves more than just the license application itself. It often includes incorporating a Curaçao company to serve as the legal entity for your gaming operations. This corporate structure ensures compliance with local laws and rules while providing a legitimate framework for your online gambling company.
Curaçao's strategic location, stable political environment, and well regulated financial sector make it an ideal offshore business hub for online gaming companies. Its low tax rates and supportive regulatory framework attract businesses looking to establish a presence in a reputable jurisdiction while enjoying favorable financial conditions.
Implementing responsible gambling policies is not only a legal requirement but also a strategic move to build trust among players. It demonstrates your commitment to ensuring a safe and enjoyable gaming experience, setting your online gaming platform apart from unregulated and potentially harmful operators.
While Curacao offers numerous advantages, exploring additional licensing jurisdictions can be beneficial for certain operators. Some jurisdictions may align more closely with your target audience, business model, or expansion plans. It is vital to conduct thorough research and seek expert advice when considering new licensing opportunities.
As the igaming industry continues to evolve, operators are diversifying their gaming offerings to attract a broader audience. This includes incorporating a variety of classic table games, innovative slot machines, live dealer games, and even expanding into sports betting. Diversification enhances player engagement and increases your platform's competitiveness.
Cybersecurity is a paramount concern in the igaming industry. Partnering with reputable software providers is crucial to ensuring the security of player data, financial transactions, and the overall gaming experience. Make sure your chosen providers adhere to international standards and prioritize the protection of sensitive information.
In the competitive world of online casinos, effective marketing strategies are essential to attract players and generate revenue. From search engine optimization (SEO) and content marketing to social media campaigns and affiliate programs, a well rounded marketing approach can significantly impact your platform's visibility and success.
Navigating the intricacies of acquiring a Curaçao gaming license and establishing a compliant online gaming company can be overwhelming. Seeking expert assistance from professionals who specialize in gaming licensing, corporate services, and compliance ensures a smoother experience and positions your company for success in the dynamic egaming industry
