Costa Rica is a Central American county, well known as a holiday destination. The country has famous beaches and also vast rain forests. Tourists from around the globe visit the country to immerse themselves in its natural beauty and heritage. In recent years, the Government has also promoted the industrialization of the country and Eco-tourism in a bid to move away from the traditional timber production business.
Costa Rica online gambling license
The country boasts of a stable government and a very strong integration with the Global economy. It has a very competitive taxation rate with no taxes on your global income which makes it a preferred business destination. Costa Rica has also emerged as a famous gaming destination and the country also makes it possible to run an online gaming business.
Costa Rica Gambling Company
Costa Rica to date does not have a separate gambling authority. As a result, most of the Costa Rica Gambling Licenses are issued in the form of a “Technology Company” or “Data Processing Company”. A Costa Rica Gaming License in the form of a Company Registration is mostly taken for online gaming.
It has emerged as a popular destination owing to the lack of separate regulatory authority which reduces the hassles of taking a separate online gaming license.
Steps to obtain a Costa Rica Gaming License Company
The process of obtaining a Costa Rica Gaming License generally consists of the following steps:
Costa Rica Online Gambling company Features and Benefits
- no, paid-up capital deposits required
- no taxes on income derived outside of Costa Rica.
- No country restrictions (all nations may apply)
- reasonably quick turnaround for 4 to 8 weeks.
- very short due diligence required
- low costs and fees
- low annual renewal fees
- no restrictions on operations OUTSIDE of Costa Rica
Formation of a Costa Rica Company
Costa Rica company formation is the first but important step in the process. The companies are registered with Costa Rica Commerce, Industry and Economy Ministry. The cost of obtaining a company registration varies but is normally around the US $5000.00-$7,500.00
Registration with taxation authorities
The next step is a registration with the Costa Rica Tax authorities. Although no taxes are required to be paid on the global income, still registration is compulsory.
Obtaining a Data Processing License
A data processing license is required for the commencement of the business. In certain cases, an establishment in Costa Rica may be required which may be arranged on payment.
Costa Rica Bank Account and Payment Processing
For receiving funds and running the business, opening a Costa Rica Bank Account is required. Also, we will arrange for agreements for payment processors for your business.
Once these processes are complete you are ready to commence your business with your online Costa Rica Casino. The only restrictions present is that you cannot accept bets from within Costa Rica.
Want to Apply for a Costa Rica Online Gambling Company (Gambling License Alternative)?
Costa Rica provides a great deal of freedom in the online gaming business and the ability to access markets from across the globe. Empire provides complete assistance to establish your Online Gambling Company in Costa Rica. Upon retention, we provide you with
- A legally compliant Costa Rica Corporation and Data processing license.
- Our Legal Opinion verifying the company’s compliance with local laws in offering online gaming services.
Empire with its operations
Empire with its operations across the globe its network amongst top gaming Professional Services & Advisory Firm in Costa Rica, this would inevitably be the quickest route to your online gaming license. The experts at Empire will assist in the completion of all the steps starting with company formation to the commencement of your business. You can reach the Online Gaming License team at Empire through our website www.empireglobal.partners and or by email at firstname.lastname@example.org.We offer clear written contract agreements clearly mentioning the applicable charges including the refund policy, in the unlikely event that the application is unsuccessful.