Costa Rica is one of the most favorable jurisdictions for obtaining a license for the activities of online casino, lottery, and other online games.
Costa Rica is one of the most favorable jurisdictions for obtaining a license for the activities of online casino, lottery, and other online games. The legislation of Costa Rica does not regulate the activities of online casinos and other companies that provide services in the field of organization and conduct of gambling on the Internet. In this regard, Costa Rica is one of the most attractive jurisdictions in the world for companies that provide virtual gambling services.
Types of licenses
In this country, there are already hundreds of such companies. All these companies operate on the basis of one of the 2 license types available:
- data processing license, which is issued by the local authority – municipality
- license that provides services in the field of virtual gambling games, which is issued by the National Registry of Costa Rica.
Both licenses allow holders to provide Internet services for the organization and conduct of all gambling games, including card games, roulette, craps, sports betting, betting, bingo, keno, virtual slot machines, and others. In order to obtain a license for any of the aforementioned activities, the applicant must have an office in Costa Rica. The main differences between a data processing license and the virtual gaming license is that the former allows its holder to provide services in the field of gambling games in the real gaming establishments located in the territory of Costa Rica as well as on the Internet, while the second allows us to provide services in the field of gambling games solely on the Internet, while providing these services to residents of Costa Rica is prohibited. It is also possible to provide services in the field of virtual gambling games on the basis of a sub-license issued by the holder of a license for the data processing. This sub-license allows its holder to exercise the provision of services for organizing and conducting virtual gambling games only of one kind. Keep in mind that the licenses mentioned above do not entitle their holders to provide services in the field of virtual gambling to residents of those countries where national legislation prohibits, restricts or regulates in a different way the provision of such services. These countries, for example, include the US, the EU member states, Switzerland, Canada, Russia, and others.
Why do we recommend obtaining a license for the organization and conduct of gambling in Costa Rica?
The license in Costa Rica will allow your company to conduct legitimate business in the field of virtual gaming services. The legislation of Costa Rica that regulates activities of the companies providing gambling services is one of the most liberal in the world. For example, it does not contain stricter requirements regarding the server location of the license-holder, who uses the software. At the same time, terms of registration of the company, the application for a license as well as its cost is very low compared to other jurisdictions. There is no direct indication that the license has been granted to casinos, although, it fits the requirements of the activities of online casinos. Costa Rican license is correctly called “Data Processing”. All this makes Costa Rica one of the most appropriate jurisdictions for the registration of the casino companies, lotteries, etc. The Company which obtained a license is a self-regulatory organization and is not taxed on the profits if it does not conduct activities in the territory of Costa Rica. In order to receive “Data Processing” license, the company must have an actual office in Costa Rica and staff members. For the period of obtaining a license, we provide nominal staff. To obtain a license, the personal presence in Costa Rica is not required.
- Registration of the company in Costa Rica
- Provision of registered address
- Payment of government fees and taxes
- Statement of the company’s tax registration
- Provision of office space
- Provision of the employees
- Opening a bank account
- Assistance in obtaining a merchant account
- Obtaining a license
Term of receiving the license in Costa Rica
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