Antigua and Barbuda
Antigua and Barbuda Remote Gaming License. Antigua and Barbuda are two islands that comprise a single nation in the Caribbean Sea east of Puerto Rico. The country has been issuing licenses and regulating online gambling since 1994. It licenses a number of US-friendly gambling sites as well as sites that serve the non-US market.
In most jurisdictions, certain business activities require compulsory licensing. A gambling license confirms the online operator's reliability and stability. It is also evidence of business legality in the country. Furthermore, players can apply for dispute resolution to the agency that granted the license. Offshore licensing helps to reduce the company maintenance costs and reduce taxation making Antigua and Barbuda one of the most popular jurisdictions for establishing online casinos and obtaining a gambling license.
Antigua and Barbuda was one of the first Caribbean States to begin granting gambling licenses. Many reputable companies choose this particular jurisdiction due to its solid reputation and trustworthy legal framework particularly in gaming industry. The most profitable points include zero taxation and no minimum paid-up capital requirements.
- All of the casinos that are licensed and also based in Antigua and Barbuda will be offering you more than enough software driven games too. When gaming on these casino platforms, a random number generator is going to ensure that every outcome on any of the games you do decide to get stuck into playing are totally random and of course completely fair too.
- Group One Local Gambling Provider's License C. Gaming Machines only 13 to 24 machines EC$12,500.00 per year. Group One Local Gambling Provider's License D. Gaming Machines only 25 to 49 machines EC$25,000.00 per year. Group One Local Gambling Provider's License E. Gaming Machines only 50 machines and over EC$45,000.00 per year.
Financial Services Commission and Financial Services Regulatory Commission's Department of Gaming (FSRC) regulate the gambling business sector. They have been providing services for licensing since 1994.
The following types of gambling licenses are available on the territory of Antigua and Barbuda:
- online casino license (interactive gaming);
- totalizer license (interactive wagering).
If the company is engaged in other forms of gambling they will be considered as one of the two types mentioned above. The advantage of gambling licenses in Antigua and Barbuda is the fact that it's on Great Britain's whitelist, which allows online operators to accept bets from british players.
Applicants and owners of gambling licenses must meet the following requirements:
- Persons under 18 are not permitted to gamble;
- Player's personal data is subject to authenticity inspections and should be stated in their profile;
- The homepage should contain a warning of possible gambling addiction and contacts of organizations providing psychological support.
IT-OFFSHORE company's specialists provide a wide range of services for company registration and support in Antigua and Barbuda as well as obtaining a gambling license.
A license is issued for the following activities:
- Online Casino (card games, roulette, slot machines)
- Sports totalizers
- Betting business
- Lotteries
- Network games
- Peer games (backgammon, poker, bingo)
- Mobile Games
- Finance Trade
Our service package includes the following:
- Registration of the company in Antigua and Barbuda
- Formation of local staff
- Opening a bank account
- Creating a merchant account for payments
- Completing and submitting the appropriate forms for licensing
Stages of obtaining a license:
- Registration of legal entity
- Applying for a license
- Opening a bank account
- Opening a merchant account
- Payment of government fees for company registration and licensing
- Obtaining a license
Submission of an application for a license is performed by a local agent. Seminole hard rock hotel & casino fort lauderdale fl united states. The directors and the beneficiaries data, documentary evidence of goodwill, and financial condition are required.You also need a software certificate. The software should be tested by an authorized agency.
Antigua And Barbuda Gambling Licenses
The sum includes:
- Expenses incurred during company registration
- Applying for a gambling license
- Opening a corporate account in a bank
- Opening a merchant account for payments
- Support during the entire license registration procedure
Personnel requirements:
- International Business Corporation (IBC) should be established in order to obtain license.
- Minimum one director, private individual or legal entity, with no residence requirement is necessary
- Registered agent, resident of Antigua is required
- Secretary, private individual or legal entity, of any residence is required
- Nominee service is available
Timeframes for obtaining a license:
The timeframe for obtaining a license after the application submission is 2-3 months, International Business Company registration takes about 3 weeks
Office Requirements:
A local registered office is required for company registration in Antigua and Barbuda.
Registered Capital Requirements:
There are no minimum paid-up capital requirements.
Antigua And Barbuda Gambling License Bureau
Antigua and Barbuda Jurisdiction Overview
The twin island Caribbean state Antigua and Barbuda has been practicing the tradition of the English common law since its declaration of independence in 1981. The legal procedures of the state are carried out by the pattern of the British parliamentary system conditioned by strong principles of democracy.
In 1982, legislation was enacted under the International Business Corporations Act, with subsequent amendments in 1984 and 1985, to make Antigua and Barbuda a choice jurisdiction for offshore banking. Operations under this Act are controlled by the Ministry of Finance in Antigua.
Antigua and Barbuda legislation offers offshore businesses an opportunity of fast formation and relatively low fees and charges. The formation can be carried out by a locally registered trust company or by an accountant or attorney. A formation of an offshore company can be fulfilled within only 24 hours. The state offers the following corporate and trust services for both private and corporate companies:
- Registration and maintenance of corporate charters for offshore companies;
- Reception, management, and disbursement of the assets of offshore companies;
- Provision and maintenance of a registered office;
- Maintenance of the company's records and statutory register;
- Preparation of all necessary corporate returns and reports to the Director;
- Provision of directors and officers on request;
- Incorporation and management of offshore banks and captive insurance companies; and
- A full range of traditional trust services.
Among the benefits of launching an offshore company in Antigua and Barbuda one can name:
- full tax exemption of all direct taxes for any international investment;
- only 3% tax on gross income;
- no minimum capital for international business corporation;
- transfer of charter of an international business corporation to a foreign jurisdiction or visa versa;
- permit to have only one single member in a board of directors.
Antigua and Barbuda Online Gambling Licensing
The licensing and regulation of online gambling services on the islands of Antigua and Barbuda is handled by the Financial Services Regulatory Commission's (FSRC)division of gaming. The FSRC Gaming Division awards two types of licenses: interactive gaming (casino games and poker) and interactive wagering (sports betting).
Online gambling business operators registered in Antigua and Barbuda offer their players the so called ‘account betting', i.e. a player is obliged to fund their account before he/she is enabled to enter into wagers. No credit can be offered to any player, which means that they cannot wager on a money amount larger than that they have on their account. f a wager is lost, the amount of the bet is taken from the player's account for the benefit of the operator. If the player wins, the winnings are credited to the account. Players may request that all or any portion of the funds in their account be directed back to them.
The Antigua and Barbuda gaming authorities regulation include the following aspects:
- Strict licensing requirements. The regulations of the state are rather tough, and every online gambling business operator licensed in Antigua and Barbuda is obliged to comply with every rule and regulation. Moreover, every licensee is subjected to a regular comprehensive due diligence review.
- Player account regulations. Under these regulations an online casino or other remote gambling business must perform a full registration of every player and verify their identities before activating their account.
- Age limitations. Online gambling websites are not permitted to accept wagers from underage players.
- Responsible gambling. Any Antigua and Barbuda licensee must be highly committed to responsible gambling. Online gaming websites must include all warning information to assist vulnerable gamblers.
- Anti-Fraud and Money Laundering Regulations. The regulations ensure honest play and that account wagering systems cannot be used by players to launder money.
Fees and taxation
Antigua and Barbuda
Antigua and Barbuda Remote Gaming License. Antigua and Barbuda are two islands that comprise a single nation in the Caribbean Sea east of Puerto Rico. The country has been issuing licenses and regulating online gambling since 1994. It licenses a number of US-friendly gambling sites as well as sites that serve the non-US market.
In most jurisdictions, certain business activities require compulsory licensing. A gambling license confirms the online operator's reliability and stability. It is also evidence of business legality in the country. Furthermore, players can apply for dispute resolution to the agency that granted the license. Offshore licensing helps to reduce the company maintenance costs and reduce taxation making Antigua and Barbuda one of the most popular jurisdictions for establishing online casinos and obtaining a gambling license.
Antigua and Barbuda was one of the first Caribbean States to begin granting gambling licenses. Many reputable companies choose this particular jurisdiction due to its solid reputation and trustworthy legal framework particularly in gaming industry. The most profitable points include zero taxation and no minimum paid-up capital requirements.
- All of the casinos that are licensed and also based in Antigua and Barbuda will be offering you more than enough software driven games too. When gaming on these casino platforms, a random number generator is going to ensure that every outcome on any of the games you do decide to get stuck into playing are totally random and of course completely fair too.
- Group One Local Gambling Provider's License C. Gaming Machines only 13 to 24 machines EC$12,500.00 per year. Group One Local Gambling Provider's License D. Gaming Machines only 25 to 49 machines EC$25,000.00 per year. Group One Local Gambling Provider's License E. Gaming Machines only 50 machines and over EC$45,000.00 per year.
Financial Services Commission and Financial Services Regulatory Commission's Department of Gaming (FSRC) regulate the gambling business sector. They have been providing services for licensing since 1994.
The following types of gambling licenses are available on the territory of Antigua and Barbuda:
- online casino license (interactive gaming);
- totalizer license (interactive wagering).
If the company is engaged in other forms of gambling they will be considered as one of the two types mentioned above. The advantage of gambling licenses in Antigua and Barbuda is the fact that it's on Great Britain's whitelist, which allows online operators to accept bets from british players.
Applicants and owners of gambling licenses must meet the following requirements:
- Persons under 18 are not permitted to gamble;
- Player's personal data is subject to authenticity inspections and should be stated in their profile;
- The homepage should contain a warning of possible gambling addiction and contacts of organizations providing psychological support.
IT-OFFSHORE company's specialists provide a wide range of services for company registration and support in Antigua and Barbuda as well as obtaining a gambling license.
A license is issued for the following activities:
- Online Casino (card games, roulette, slot machines)
- Sports totalizers
- Betting business
- Lotteries
- Network games
- Peer games (backgammon, poker, bingo)
- Mobile Games
- Finance Trade
Our service package includes the following:
- Registration of the company in Antigua and Barbuda
- Formation of local staff
- Opening a bank account
- Creating a merchant account for payments
- Completing and submitting the appropriate forms for licensing
Stages of obtaining a license:
- Registration of legal entity
- Applying for a license
- Opening a bank account
- Opening a merchant account
- Payment of government fees for company registration and licensing
- Obtaining a license
Submission of an application for a license is performed by a local agent. Seminole hard rock hotel & casino fort lauderdale fl united states. The directors and the beneficiaries data, documentary evidence of goodwill, and financial condition are required.You also need a software certificate. The software should be tested by an authorized agency.
Antigua And Barbuda Gambling Licenses
The sum includes:
- Expenses incurred during company registration
- Applying for a gambling license
- Opening a corporate account in a bank
- Opening a merchant account for payments
- Support during the entire license registration procedure
Personnel requirements:
- International Business Corporation (IBC) should be established in order to obtain license.
- Minimum one director, private individual or legal entity, with no residence requirement is necessary
- Registered agent, resident of Antigua is required
- Secretary, private individual or legal entity, of any residence is required
- Nominee service is available
Timeframes for obtaining a license:
The timeframe for obtaining a license after the application submission is 2-3 months, International Business Company registration takes about 3 weeks
Office Requirements:
A local registered office is required for company registration in Antigua and Barbuda.
Registered Capital Requirements:
There are no minimum paid-up capital requirements.
Antigua And Barbuda Gambling License Bureau
Antigua and Barbuda Jurisdiction Overview
The twin island Caribbean state Antigua and Barbuda has been practicing the tradition of the English common law since its declaration of independence in 1981. The legal procedures of the state are carried out by the pattern of the British parliamentary system conditioned by strong principles of democracy.
In 1982, legislation was enacted under the International Business Corporations Act, with subsequent amendments in 1984 and 1985, to make Antigua and Barbuda a choice jurisdiction for offshore banking. Operations under this Act are controlled by the Ministry of Finance in Antigua.
Antigua and Barbuda legislation offers offshore businesses an opportunity of fast formation and relatively low fees and charges. The formation can be carried out by a locally registered trust company or by an accountant or attorney. A formation of an offshore company can be fulfilled within only 24 hours. The state offers the following corporate and trust services for both private and corporate companies:
- Registration and maintenance of corporate charters for offshore companies;
- Reception, management, and disbursement of the assets of offshore companies;
- Provision and maintenance of a registered office;
- Maintenance of the company's records and statutory register;
- Preparation of all necessary corporate returns and reports to the Director;
- Provision of directors and officers on request;
- Incorporation and management of offshore banks and captive insurance companies; and
- A full range of traditional trust services.
Among the benefits of launching an offshore company in Antigua and Barbuda one can name:
- full tax exemption of all direct taxes for any international investment;
- only 3% tax on gross income;
- no minimum capital for international business corporation;
- transfer of charter of an international business corporation to a foreign jurisdiction or visa versa;
- permit to have only one single member in a board of directors.
Antigua and Barbuda Online Gambling Licensing
The licensing and regulation of online gambling services on the islands of Antigua and Barbuda is handled by the Financial Services Regulatory Commission's (FSRC)division of gaming. The FSRC Gaming Division awards two types of licenses: interactive gaming (casino games and poker) and interactive wagering (sports betting).
Online gambling business operators registered in Antigua and Barbuda offer their players the so called ‘account betting', i.e. a player is obliged to fund their account before he/she is enabled to enter into wagers. No credit can be offered to any player, which means that they cannot wager on a money amount larger than that they have on their account. f a wager is lost, the amount of the bet is taken from the player's account for the benefit of the operator. If the player wins, the winnings are credited to the account. Players may request that all or any portion of the funds in their account be directed back to them.
The Antigua and Barbuda gaming authorities regulation include the following aspects:
- Strict licensing requirements. The regulations of the state are rather tough, and every online gambling business operator licensed in Antigua and Barbuda is obliged to comply with every rule and regulation. Moreover, every licensee is subjected to a regular comprehensive due diligence review.
- Player account regulations. Under these regulations an online casino or other remote gambling business must perform a full registration of every player and verify their identities before activating their account.
- Age limitations. Online gambling websites are not permitted to accept wagers from underage players.
- Responsible gambling. Any Antigua and Barbuda licensee must be highly committed to responsible gambling. Online gaming websites must include all warning information to assist vulnerable gamblers.
- Anti-Fraud and Money Laundering Regulations. The regulations ensure honest play and that account wagering systems cannot be used by players to launder money.
Fees and taxation
The applicants must pay a USD $10,000 non-refundable fee for the due diligence process and USD $1,000 for every key person.
The annual license fee is USD $75,000 for online gambling and USD $50,000 for online wagering. Annual payments for a key person amount to USD $1,000 for the first year, and USD $250 for subsequent years.
Annual fee for the license renewal is USD $ 5,000 with additional charges if an investigation fees exceed the amount.
More information about online gambling licensing can be found at www.antiguagaming.gov.ag.
