Operators looking to obtain a gaming license have a lot on their minds, including the perfect choice of a regulator. Nowadays, it takes a lot to know where to start, due to many available options. The Curacao gaming license is a hot topic among operators, but does it meet expectations?
Well, this article is just about that. We’ll go over the basics of the Curacao gambling license to determine whether it’s a good choice for your business. Make sure you keep reading if you need to make this important decision.
Why Curacao?
If you’re still on the fence about picking Curacao as your license provider, here are a few reasons that might persuade you. Take a look!
- Cost-effective and quick
As an up-and-coming business, you probably have a lot to take care of. So, why would you spend more money and time than you need to? A Curacao gaming license is extremely cost-effective, being one of the most affordable licenses globally. Moreover, the application process and the period of obtaining this license don’t take long. You won’t have to wait more than four to eight weeks for the whole process to be approved.
- Hassle-free and easy
The process of obtaining a license is extremely easy with Curacao. The whole procedure is straightforward, and the license is easy to keep once you get it. All in all, the amount of bureaucracy you have to go through is quite limited. This provides entrepreneurs more time to deal with other pressing matters.
- Startup-friendly
Most newcomers to the industry often wonder how to get a Curaçao gaming license. Luckily, this process is startup-friendly, meaning it allows the company to test the concept, obtain a client base, and reinvest funds without drowning in papers and fees. A Curacao gaming license is the most sensible choice for any up-and-coming business.
- No tax
One of the biggest advantages of the Curacao gaming license is the zero tax policy. Operators who acquire this license are not liable to pay tax on their revenue. This is all compliant with international rules and taxation practices, so you don’t have to worry about anything. Furthermore, this is great news for all startups and new businesses that might struggle with cash flow.
- All-around license
The Curacao gambling license covers all gambling-related options, such as table games, slots, bingo, lottery, and similar. That means you won’t have to apply for a separate license to feature all these games and more on your site. This is not a common practice for many jurisdictions, so you’ll get a great deal if you opt for Curacao.
Curacao Gaming License Package
It’s only natural to wonder what kind of package you are getting for the license money you’re paying. The good news is that the Curacao jurisdiction has once again made it easier for applicants. You can read more about that on the GBO INTL page.
We can tell you that after more than two decades in the business, the Curacao jurisdiction knows what operators need. The collection of services it offers encompasses everything required to complete the process successfully.
The procedure takes from four to eight weeks or a maximum of ten weeks, depending on the applicant. Regardless, it’s still one of the fastest licenses available. The package covers the regulatory, administrative, compliance, maintenance, and accounting services and considerations. This leaves operators more time to focus on marketing and launching processes.
Final Thoughts
All in all, to answer your question — the Curacao gaming license is a good choice for your business. Aside from the procedures mentioned above that you’ll need to go through, you will also need to apply for a gambling license in your country or state. You can take a look at an example form so that you know what to expect.
The process of receiving a Curacao license is fast and straightforward, meaning you should definitely consider it for your business. Make sure to do everything by the book, and you’ll be good to go.
