Malta Gaming License
Malta is an archipelago in the central Mediterranean between Europe and the North African coast. The country is classified as an advanced economy by the IMF and is considered a high-income country by the World Bank. While the private sector still consists mostly of small enterprises, there are some internationally owned companies operating in Malta.
Malta is among the most popular jurisdictions that issue online gaming licenses. The Maltese gaming license has an excellent reputation and international recognition which opens up many opportunities in the gambling industry.
Malta offers two types of license:
- Gaming service license is a business-to-consumer (B2C) license to offer or carry out a gaming service.
- Critical gaming supply license is a business-to-business (B2B) license to provide or carry out a critical gaming supply.
B2C licenses are categorized by the following:
Type 1 – Games of chance played against the house, the outcome of which is determined by a random generator, and shall include casino type games, including roulette, blackjack, baccarat, poker played against the house, lotteries, secondary lotteries and virtual sports games.
Type 2 – Games of chance played against the house, the outcome of which is not generated randomly, but is determined by the result of an event or competition extraneous to a game of chance, and whereby the operator manages his or her own risk by managing the odds offered to the player.
Type 3 – Games of chance not played against the house and wherein the operator is not exposed to gaming risk, but generates revenue by taking a commission or other charge based on the stakes or the prize, and shall include player versus player games such as poker, bingo, betting exchange, and other commission based games.
Type 4 – Controlled skill games where result is determined by aggregated statistical performance (fantasy sports).
Benefits of Malta Gaming License:
General Information for Malta Gaming License | |
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Minimum Share Capital | €40,000 - €100,000 |
Tax | Gaming 5% + Compliance tax |
Approximate time frame for obtaining the License | 5-6 months |
Website domain | To be provided |
Publicly Accessible Records | No |
Beneficial Owner(s) details | Disclosed to authorities only |
Double Taxation Treaties | Yes |
Local Requirements for a Company operating under Malta Gaming License | |
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Registered Office | Yes |
Registered Agent | Yes |
Local Director | No |
Local Shareholder | No |
Local AML Officer | No |
Local hosting and server | Yes |
Annual Requirements for a Company operating under Malta Gaming License | |
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Financial statements | Yes |
Annual Report | Yes |
Compliance Audit | Yes |
Systems Review | Yes |
Cost of Malta Gaming License
From
€ 70000Malta Gaming License Services Fees
- Done within 6 months
- In compliance with Malta regulations
- Fast, convenient and confidential
- 24/7 support
- Just order, we do all for you