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The Isle of Man has a straight-forward license application process that takes up to around 4 months.

Yes, the initial first initial step will be to establish a company in the jurisdiction and open a corporate bank account. The company must appoint at least x2 local directors during a month after registering their company. Once the company has been established, a licence application will need to be submitted to the Regulator.

• Full licence - £36,70 per year, in addition to a £5,250 application fee.
• Network licence - £52,500 per year, in addition to a £5,250 application fee.
• Sub-licence- £5,250 per year, in addition to a £5,250 application fee.
• Software Supplier Licence - £36, 750 per year, in addition to £5,250

Yes, the Isle of Man allows eGaming operators to accept payments in cryptocurrency. Operators can utilise cryptocurrency for player deposits, wagers and withdrawals across all licence types. The Isle of Man is a recongised hub for digital assets and has implemented regulation to grow its blockchain and cryptocurrency sector.

No, there is no requirement to relocate servers so they can remain where they are. The Isle of Man does have a range of hosting providers if the client chooses to relocate their services.

The Isle of Man has a Tier-1 licence, which depicts robust regulatory controls, a reputable status in the global market and ease of doing business with banks and payment service providers.

No, it is not mandatory to have a licence. However, the Isle of Man B2B licence provides many advantages. A key advantage is lincensed software suppliers can have their products listed on the Gambling Supervision Commission’s (GSC) approved games register, which means they can deploy games without additional testing.

As a Tier-1 jurisdiction, the Isle of Man B2B licence provides an Operator with high credibility due the licences high regulatory standards. This will enhance trustworthiness for partners and clients when doing business due to licences respected reputation. The licence also is able to work with B2C licensed operators in various other jurisdictions, such as Europe, Asia and Latin America. There are also many financial advantages the licence will bring, including 0% corporate tax on gaming revenue generated outside of the Isle of Man, in addition to 0% capital gains tax, inheritance tax or stamp duty.

There is no limit on the number of website domains (URLs) an Isle of Man eGaming Operator can have under their licence, however, each domain must be listed under the licence and approved by the Regulator, the Gambling Supervision Commission (GSC). Each registered domain must adhere to the same regulatory requirements as the primary site.

A registered Isle of Man company is required to have a registered office. If the business does not provide activities that fall under economic substance – including banking, insurance, fund management, shipping, or holding companies, it is common practice for a Corporate Service Provider to fulfill the registered office and agent requirements. The corporate service provider can offer a registered office address and act as your local agent, ensuring compliance with local regulations.

Yes, Isle of Man has 0% corporate tax rate, 0% capital gains tax and gaming duty between 0.1 and 1.5%.  The jurisdiction offers operators some compelling financial benefits.

Yes, the Isle of Man offers 100% player protection due its robust, tier-1 regulation.

The full process typically takes between 4 to 6 months, depending on factors like the type of licence (B2C or B2B), the complexity of your operations, the completeness of your application, and how fast you respond to requests for additional information.

• Application Fee: €5,000 (non-refundable).
• Annual Licence Fee: From €25,000 upwards, depending on your revenue and type of licence.
• Minimum Share Capital Requirements:
€40,000 for a B2C licence (standard).
€100,000 if you hold multiple B2C classes under one corporate structure.
€100,000 for a B2B critical supply licence.

• A Malta registered entity
• A local registered office (which can be facilitated by a local corporate service provider)
• Appoint Key Functionaries that must be approved by the Malta Gaming Authority (MGA) including; Chief Executive Officer (CEO), Compliance Officer, Money Laundering Reporting Officer (MLRO) and Data Protection Officer (optional but recommended).
• Complete the relevant licence application process, which involves various operational requirements, including a business plan and AML procedures, and financial requirements.

Malta was the first European jurisdiction to implement regulation in the eGaming sector back in 2004 and has since established a leading reputation as a robust, well-regulated jurisdiction. The MGA is regarded as a “gold standard” regulator, providing a strict regulatory framework, which offers high credibility and robust protection for players. Malta has an established eGaming sector, with a wide range of ancillary services available for eGaming businesses. The jurisdiction also has a compelling fiscal environment, providing Operators with many financial advantages.

Yes, the MGA embraces emerging technologies and approves of crypto transactions (with conditions) and blockchain-based solutions.

Malta provides a Tier-1 licence which outlines a highly regulated environment, a credible reputation in major markets and is widely accepted by banks and payment service providers.