Curacao is one of the most popular places for online casinos to obtain their licenses. There are already more than 450 online Curacao casinos registered in the country. If you do not want to pay extra taxes, that might be the option to go, as casinos licensed there will not hit your wallet as badly as casinos licensed in other jurisdictions.
You can reach out for a license any time, and the application procedure will not last longer than a few weeks. Another great bonus is that you can pay with cryptocurrency.
Curacao is a country that belongs to the Netherlands. Many companies around the world consider the country to be one of the best places to register their casinos and get all the necessary licenses. Online casinos are places where people come to have as much fun as they possibly can.
That is why it is so important to choose the right place where you can gamble safely without having to worry about anything. To prove to players that a casino can be trusted, they obtain licenses confirming its legality.
Best Casinos Licensed In Curacao
Since Curacao is a very attractive location for getting a license, many online casinos take advantage of this. When choosing between the biggest casinos in the world, you will find that a lot of them have a license from Curacao. If you want to get more information about the application cost, visit the official Curacao casino website and look it up.
Curacao Casino License Requirements
Licenses for online casinos are difficult to get. However, they are definitely a lot harder to obtain in some places than in others. When applying for a license in Curacao, the process of obtaining a license is pretty clear, fast, and honest. Make sure you have all the necessary documents:
- Banking reference;
- Letter of reference confirming you are not going to default (from an accountant or lawyer);
- A certificate from the police
There are also some more documents regarding taxes, so check the full list on the official website of the representative company of Curacao. Remember, any Curacao casino had to go through the same process, which is, again, not as painful as it could be.
Integration With A Local Company
To get a license, you will have to cooperate with a local company based in Curacao. This company will take all responsibility for the general requirements of the local administration. These companies are important intermediaries. They are the ones who will apply for your license in that country. Make sure you find out about current prices for their services. Usually, there are different integration options for different prices. Therefore, choose the one that will allow you to operate on acceptable conditions. But aim for an amount of approximately 30,000 euros for the first year.
Ownership Of Physical Hardware
A prerequisite for obtaining a license is physical ownership of a server in the state of Curacao. Without owning hardware, your online casino will not meet all the requirements of the local establishment. The procedure itself is quite easy and does not take much time. You can always find what you need on the island or get it shipped there. You will also have to pay for server maintenance and hosting services (a cryptocurrency payment option is available).
Local Bank Account
Many online casinos are interested in registering their business in Curacao. It is more appealing than other Caribbean countries, as the law system is pretty close to that of the Netherlands. That means your assets are highly secure and the taxes you will pay are not as high as in most European countries. So another important step is opening a bank account. There are a lot of benefits of opening a bank account in Curacao, such as:
- Banks in the country are used to cooperating with international companies;
- There is a wide variety of banking services available;
- The quality of service is top-notch;
- You can manage your assets in any way that is convenient for you;
- Being a part of a developed European country, banks there are transparent and legitimate in terms of fiscal policy;
- Great customer service results in fast financial transactions without having to wait for weeks.
When obtaining a license, you can choose between one-time or annual licensing fees (the price varies).
Investment In Payment Solutions
Online casinos licensed by Curacao attract many players from different countries. Of course, the license will not be considered valid in all countries. But at the moment, there are no licenses that are suitable for all countries. In many European countries, people play online Curacao casinos to avoid scams. They are especially popular in Scandinavian countries. Therefore, when choosing payment solutions, pay attention to your potential target audience. However, certain methods such as deposit and withdrawal via debit and credit cards, e-wallets, and even crypto wallets should always be made available.
A Detailed Business Plan
A plan is a crucial part of the success of a business