How to get a Curacao iGaming license in 2023

Introduction

Sometimes the process of applying for a gaming license can be frustrating. There are many bureaucratic requirements and irritating policies. However, the Curacao gaming license is not in the same category. Curacao is an excellent choice for new operators and startups looking to enter the iGaming industry. In the given article, we will show you how to obtain a Curacao gaming license and its main benefits and advantages. If you need to get information about the licenses in general you can read our article about iGaming licenses.

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

Application process

It is very easy to apply for the Curacao igaming license. The application process can take up to 6 weeks at maximum. First, you will need to choose the master license holder. Master license holders are the authoritative providers who can give you access to the Curacao iGaming sublicense. After contacting the master license holder, their technical compliance team will review and test your website and a fit test and proper test will be performed to confirm that you are competent to operate and manage an online casino.

Once you have paid the application fee to Curacao's master license holder and submitted an application for a Curacao gaming license, you will need to wait until the final result, until the required tests and checks are completed.

Required criterions

Although the licensing process for Curacao may be easier than in other jurisdictions, it is still a challenging process. Your application may be rejected if you don't follow the eligibility requirements. You must establish your business in Curacao to get a license. This means that your company must be registered under the authority of the Island. You will then need to gather all the paperwork. Furthermore, remember that it is also required to have a local representative for your business. Needless to say, it is one of the primary requirements that your software must have an RNG certification.

Cost of the Curacao iGaming license

One of the main advantages of the Curacao license is its affordability. Nonetheless, there are many factors that will affect the cost of a gambling license. One of these is your exact needs and circumstances. Other than the initial application fee there may be additional costs such as office fees and first-year local representation fees.

However, Curacao has a favorable tax policy. The net gains tax is only 2%. The operator is free from high taxes that can be applied on a regular basis in other jurisdictions.

The Curacao Gaming Licence cost can vary from EUR 15 000 to EUR 25 000 depending on your needs and the corporate structure of your company. The price includes all the necessary steps to get your online casino started. Nonetheless, remember that the overall costs may vary and shift with different master license holders, thus, you’ll also need to consider this factor when choosing your master-licensed company.

Conclusion

Curacao is the best outlet for iGaming start-ups. The process of acquiring the license is not complicated and does not involve unnecessary requirements and heavy stacks of paperwork. Curacao provides a simple, effective, inexpensive solution that covers all gambling activities under one license. If you want to find detailed information about acquiring the curacao license, you can read our article about how to get a Curacao iGaming license.