Nowadays one of the most popular jurisdictions is the island Curacao whose regulator is offering to get the casino`s licence with satisfactory conditions.

Curacao is a state from the Antilles island, located in the Caribbean sea. If we analyze this region from the point of view of economic and political development, we can notice that everything is stable. This makes the work in an international format easier. That is why it is not surprisingly that Curacao became a refuge for hundreds of online casinos.

The licensing of gambling business in this jurisdiction promises a lot of advantages that encourage small and large operators to open a licenced casino here rather than elsewhere. The state license can be obtained at the Ministry of justice.

The licensed online casino at Curacao

Perhaps, the most important advantage of licensing of gambling business specifically at this jurisdiction is the fact that here are provided not several licences, each for its own type of gambling, but only one for all directions at once. For example, there is the possibility to get the licence to the casino combined with sports betting or a totalizer and lottery, etc.

Excepting the licence that permits to legalize the business, here you can become an owner of the sublicense. What is it? Simple as that, this document is necessary for the owner of the game club domiciled in Curacao to give permission to another individual.

Actually, there are several private firms on the island. These firms make the process of getting the licence more easier, considering any option of legalizing the gambling business.

Thanks to their help, you can seriously speed up the process of getting the cherished license, that is critically important, because the operator will have to gather a lot of documents.

Licensed casino: the advantages of the jurisdiction

• The ability to quickly legalize gambling business;
• The operator’s firm receives its own UNN in the EU system;
• The license allows you to become a partner of a major European Bank;
• Guarantee of the highest quality of equipment;
• Speed. Licensing takes place within a month (with rare exceptions);
• There is no necessity to collect a lot of documents, the process of obtaining a license is simplified as much as possible;
• The operator strengthens its reputation, thanks to the excellent reputation of Curacao;
• Extremely low profits tax, especially when compared with popular jurisdictions (only 2% of profits);
• Modern and high-tech software installed on the online casinos, gaming clubs and bookmakers websites;
• You can work remotely in an international format, it is not obligatory to set up an office on the island and hire employees.
• The cost of the license is $40.000, and you will have to spend another $15.000 for an annual renewal.

For operational licensing, you will have to follow the algorithm of actions required by the regulator. Speaking of which, do not forget to find out the list of certain documents that will need to be sent to the Ministry of justice for study, since its composition and amount is changing regularly.

What documents should be obligatory provided if the operator is going to open a licensed casino in Curacao

• Passports` copies (you can provide and scans) of all managers and shareholders of the company.
• A copy of the organization’s charter.
• Letters from banks (obligatory notarized), which will indicate that your company does have accounts with a certain amount of funds on them.
• Scans of housing and communal services bills (at least for three months). It confirms the presence of a registered address.
• A certificate from the police or other authorized body indicating that the head of the company has no criminal record.
• Information about the installed software on the casino or bookmaker website.
• A business plan that shows the earning capacity, taking into consideration the risks for the next year.
• Documents that confirm the presence of the web-portal, the purchased domain name and their belonging to the operator.
• Application for a license to provide services on the Internet.

What requirements must be met:

• Open a company on the island, be sure to register it;
• Have your own local representative;
• Provide to the regulator a detailed description of all games installed on the site, with their detailed description and how they work;
• Availability of site usage rules;
• Purchase a domain;
• In Curacao, the operator must purchase and install at least one physical server. The access to it must also be granted to the regulator.
• Perform AML procedures for each user registered on the casino website;
• Timely technical audit of all game systems (required for software as well);
• It is obligatory to provide a certificate for installed software and a random number generator.
• Prohibit registration on the game portal for users who are under the age of majority and live on the territory of the United States and the Antilles.

Do not forget that the company name should be written in Latin, and it should not violate copyright rights. The company name should reflect the actual activity of the company.