As the Internet is growing this last decade and the IOT (Internet of things) forecast is expecting 50 Million devices added to the network by 2020 with Smartphones delivering almost anything to your plate.
iGaming has evolved so much in every continent this last few decades and the return of investment is 9 (Nine) times as much as the stock market.
Cyprus which is a traditionally business hub with a strong presence of regulated forex operators with Cyprus companies law offering very attractive tax regime and at some cases zero withholding tax on dividends for non-tax residence.
The Cyprus “The Betting Law 2012 – Law 106(I)/2012.” introduced a partial legislative framework for legislating betting activities, introducing new rules and updating some others. Introducing the “National Betting Authority (NBA)” which is the supervising authority over all betting activities in Cyprus from Land based bookmakers to online gaming operators.
Company Formation
Cyprus Company Formation – Branches – Trusts and Partnerships.
However, apart from Cyprus, we can also offer a variety of other jurisdictions such as the UK, BVI, Seychelles, and others both offshore and onshore. Fully
managed onshore or offshore company incorporation.
Banking
KYC (Know your Client produces) is mandatory conducted by our Firm in association with our due diligence partners.
Application Assistance
Advanced regulatory guidance and compliance with local and foreign Gaming Tax and Online Gaming policies.
- Cyprus (Class B Betting Licence)
- Curacao (Master eGaming Licence)
- Malta (B2B – B2B Online Gaming Licence)
Directorship Services
A company registered in Malta or Cyprus must have at least one director. A director can either be an individual person or a legal entity. However, if the company is a single-member company it cannot have a legal entity acting as director.
Each director of the company must be subject to the Regulatory fit and proper test. This entails stringent due diligence checks on each director similar to those carried out on the shareholder/s.
Still have questions?
Contact us
Where to find us:
P.O. BOx 42656, P.C. 6501, 6043
Larnaca – Cyprus
Tel: +357 24663402 , Fax: +357 24663409
E-mail: admin@cyprusconsultancy.com
