A Costa Rica Gambling License has become one of the best low cost gaming license options in the industry. Empire Legal (http://www.empire.legal), with its operations across the globe its network amongst top gaming law firms in Costa Rica, helps businesses quickly obtain their online gaming license in Costa Rica. The country has famous beaches and also vast rain forests. Tourists from around the globe visit the country to immerse in its natural beauty and heritage. In recent years, the Government has also promoted industrialisation of the country and Eco-tourism in a bid to move away from the traditional timber production business.
The country boasts of a stable government and 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 License
Costa Rica till 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 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 Gambling License
The process of obtaining a Costa Rica Gaming License generally consists of the following steps:
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 US ,500- ,000.00
Costa Rica Online Gambling company Features and Benefits
1. no paid up capital deposits required
2. no taxes on income derived outside of Costa Rica.
3. No country restrictions (all nations may apply)
4. reasonably quick turnaround 4 to 8 weeks.
5. Very short due diligence required
6. low costs and fees
7. low annual renewal fees
8. no restrictions on operations OUTSIDE of Costa Rica
Registration with taxation authorities
The next step is registration with the Costa Rican Tax authorities. Although no taxes are required to be paid on the global income, registration is still 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)?
Since Costa Rica provides a great deal of freedom in the online gaming business and the ability to access markets from across the globe. Empire Legal provides all inclusive legal 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 an online gaming services.
Empire Legal with its operations across the globe its network amongst top gaming law firms in Costa Rica, this would inevitably be the quickest route to your online gaming license. The experts at Empire Legal will assist in completion of all the steps staring with company formation to commencement of your business. You can reach the Online Gaming License team at Empire Legal through our website http://www.empire.legal and or by email at email@example.com. We offer clear written contract agreements clearly mentioning the applicable charges including the refund policy, in the unlikely event that the application is unsuccessful.
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