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Costa Rica Gambling License Cost
- #2 — Costa Rica License. When it comes to the Costa Rica gambling license, the situation is similar to the above. The Costa Rican license is difficult to check online. Since 2012, Costa Rica has been trying to resolve this issue and tried to create a bill so that the license is specifically for gambling.
- Getting a Costa Rica Gambling License. Let’s get one thing straight: there is no such thing as a gaming or gambling license in Costa Rica. If an online gaming firm wants to base their operations in the country, they only need to do the following: Buy a business license for $5,000 (which can be renewed annually for an additional $5,000).
- Yes, an operator merely has to incorporate as a Costa Rican company and pay a relatively small fee (between $5,000 and $10,000) for a business license (technically, a “data processing license”) from a local government in Costa Rica.
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. Costa Rica is a unique jurisdiction located in Central America, and a casino license is not provided here. Despite the fact that more than 400 online casinos and bookmakers are currently registered in Costa Rica, the country has not developed legislation regulating the conduct of online gambling business on the Internet.
While in the not too distant past, the Central American country of Costa Rica had been home to more than 250 online gambling companies, the numbers have decreased dramatically in recent years.
There still is no governmental or regulatory framework governing online gambling or eGaming whatsoever, as such no official Costa Rica Online Gambling License designed to deal with e-gaming (gambling over the Internet) exists.
The absence of legislation governing online gambling operations or administration from Costa Rica means very clearly that a Costa Rica Online Gambling License does NOT exist
The businesses and operations of Costa Rica-based online gaming or Gaming companies are not not regulated, supervised or licensed in any way shape or form, including the so called ‘Data Processing’ license.
Because there is no official organization to issue any kind of license or recognize license holders, there is no betting or gaming tax whatsoever. Again, to be clear, there is no such thing as a Costa Rica Online Gambling License, Data Processing License or any other kind of license for Online Gaming.
Although an extensive Fiscal Reform plan has been introduced by current President Carlos Alvarado Quesada, of the PAC party, Establishing a gaming control board or implementing licensing fees in Costa Rica was not part of it or even mentioned. Unlike his predecessor Luis Guillermo Solis, also of the PAC party, who had hopes to establish a gaming control board for online gaming. In the past, the Finance Ministry had released draft plans for regulating said industry. Included in the plan is a tax on online gaming of 0.5 % of gross income to help fund the control board. Additionally, a 5 % tax would be levied for the fight against crime. The new board would report to the Minister of Interior and Police and would process six-year gaming licenses at a suggested annual fee of USD $50,000.
Costa Rica Online Gaming Company (License Alternative)
With our Online Gaming Company you can legally offer Online Gambling (Sports Betting, Online Poker, Online Casino Games, Online Bingo, Fantasy Sports, Lotto, Lottery Messenger, CSGO and every type of betting) options from Costa Rica. This includes classic sports bets football, basketball, ice hockey, soccer, horse racing and greyhound racing. The company may conduct business world wide via the internet securing clients from all over the globe. As no special Costa Rican Online Gambling License exists or is required in Costa Rica, the business is operated by a specifically registered Costa Rican Company. This provides for all the profits from the company to be tax free and indemnifies the directors from liability.
What does our Costa Rica Online Gambling Company (Gambling License Alternative) Include?
- A Costa Rican Corporation: Costa Rica is an outstanding choice when it comes to incorporating an online gambling business as no rules, regulations exist meaning no license is required. Complete zero-tax status, and the world’s friendliest online gambling legal environment enable you to conduct your business 100% confidential and compliant.
- 2 Hours Personalized Advice: Need some help or assistance with conducting your business offshore? We offer the best after-sale support in the industry, and will do our best to assist you with whatever concerns and problems you might have … ! Take advantage of our owners decades of experience in the Gaming industry.
A summary of the benefits of registering your Costa Rican Online Gambling company with us:
- all nationalities accepted as directors or owners
- only basic due diligence required
- fast (2 week) turnaround
- affordable initial costs and fees
- affordable ongoing annual renewal fees
- operations can be undertaken worldwide
- no paid up capital deposits required
What a wealth of the benefits !
Take advantage of this unique offer right now, Contact Us today and get your own Costa Rican Online Gambling Company!!!
Now is truly the time to establish your eGaming business before it’s too late!
Costa Rica Gambling License Cost Of Living
**PLEASE NOTE** We do not provide online gaming services of any kind to companies planning to accept customers from the USA or any other restricted countries.