Costa Rica Casino License
Obtaining a License. For an online casino to get a license from Costa Rica, they must supply a variety of information about their business. This can usually be done by filling out a registration form with the Costa Rica Tax Authority, as well as getting a few other government certifications. After processing is complete, the online casino is officially registered with the Costa Rican government.
Costa Rica gambling license
You will have to pay 24 000 dollars to buy Costa Rica casino license. As mentioned above, a 12 thousand dollar tax is levied every year from all businesses operating in Costa Rica. The official legal entity acquires the international status and the opportunity to work worldwide. Costa Rica Gaming Commission. There’s no such thing as the “Costa Rica Gaming Commission.” However, this hasn’t stopped several unethical casinos from pretending to be licensed by this fictional governing body. If you come across a site making such a claim, get away as fast as you can. Getting a Costa Rica Gambling License.
Costa Rica - 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.
In this country, there are already hundreds of such companies. All these companies operate on the basis of so-called data processing licenses, which are issued by the local authority - municipality or on the basis of a license that provide 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 aforementioned activities, 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 of 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 licensefor the organization and conduct of gambling in Costa Rica?
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 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 Ricanlicenseis correctlycalled “Data Processing”. All this makes Costa Rica one of the most appropriate jurisdiction 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.
Price for our services
USD 15.500 and it includes the following
- 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
1 month
The Central American country of Costa Rica is well-known for a number of things. A tolerant style of government, diversified goods and services, and environmental sustainability just to name a few.
It’s also famous in the gambling industry for its relaxed attitude towards online gambling operators in the region, despite having very little in the way of specific legislation to deal with them.
In Costa Rica, it’s illegal for residents to gamble online. Plus, it’s illegal for the people to gamble at all on games that have any random outcome. However, according to Costa Rican law, the physical location of an online gambling operator’s server isn’t where gambling actually takes place.
Therefore, it’s legal for companies to offer online gambling services from Costa Rica, providing they don’t offer them to residents of the region.
You can find more information on the gambling jurisdiction of Costa Rica below.
Licensing in Costa Rica
Due to the lack of specific online gambling legislation in Costa Rica, it’s relatively easy for an operator to establish itself in the jurisdiction.
A data processing license is needed; the requirements for which include having a physical office located within Costa Rica. There are authorized consultants in the region which offer assistance in obtaining such a license.
Due to a large number of gambling sites basing themselves in Costa Rica, an internet gaming license was introduced.
However, there’s no real regulation in place, and online gambling operators based in Costa Rica have a lot more freedom in what they can and can’t do.
Because of the lack of regulation in this jurisdiction, it doesn’t appear on the white-list of the United Kingdom Gambling Commission. As such, gambling sites based in Costa Rica cannot market their services to UK residents.
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The Future of Costa Rican Online Gambling Legislation
Costa Rica Casinos And Resorts
In 2013, the region began to move towards a more regulated environment. Plans to establish a gaming control board were announced and the Finance Ministry outlined drafts for regulatory practices.
Del Ray Casino Costa Rica
At the time of writing nothing further has developed.