Read in Our Curacao Gaming License Guide:
- You are here – Curacao Gaming License Costs and Requirements
- How to Get an Online Gaming License?
- How to Set-Up a Gaming Company and Open an Online Casino Business
- What Licenses Are Necessary to Run a Gambling Website?
- Where can you Operate with a Curacao Gaming License?
- Online Gambling Jurisdictions and Licensing Authorities
- Online Gambling Licenses – How to Keep the Law and Succeed at the Same Time?
- Recommended Banking and Merchant Accounts for Online Gaming Businesses
- Why USD Transfers Are Decreasing in Europe
Curacao is a small island in the Caribbean that happens to be one of the best places to incorporate and license an e-gaming company. One of the advantages of Curacao e-gaming licenses stems from the fact that the island was once part of the Dutch Antilles and they maintain unique statues as an autonomous Dutch territory – you get the benefits of the EU without the high taxes of Europe. Regulation of land-based gaming and e-gaming fall under the Curacao Gaming Commission and within that body is the Curacao Internet Gaming Association (CIGA), a section responsible for issuing e-gaming licenses. Curacao offers e-gaming licenses to companies worldwide and the small island is considered one of the best jurisdictions for e-gaming licenses.E-Gaming Regulation in Curacao
In Curacao all gaming, both online and on-land is overseen by the Curacao Gaming Commission. The section of the commission responsible for e-gaming is the CIGA (Curacao Internet Gaming Association) which abides by the regulations and guidelines of the Interactive Gaming Council. CIGA is responsible for issuing gaming licenses to operators; service providers and software professionals in the e-gaming industry. CIGA has issued e-gaming licenses to about 30 e-gaming operators and they insure that e-gaming companies and service providers are regulated and maintain a high standard. The Curacao Gaming Commission (also called the Curacao Control Board), is a highly respected jurisdiction in the e-gaming industry.
Curacao company formation
Forming a company is subject to the Commercial Code of the Netherlands Antilles, Articles 33 – 155. Each company must have a registered office in Curacao, which can be provided by a licensed service provider.
A company requires a minimum of one director and a minimum of one shareholder. At least one director must be resident in Curacao, but nominee shareholders and directors are permitted. It is not required for registration to be personally present in Curacao.
Corporate documents can be written in Dutch or English, and the company name must include the term Naamloze Vennootschap, abbreviated as N.V. (Limited Liability Company). Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company” etc. require approval.