Poker Licenses, Sportbook Licence, Lottery and Gaming Licences in Costa Rica
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- A license for virtual gambling services issued by the National Registry of Costa Rica. The company is allowed to gamble directly in Costa Rica, provided that it obtains a license for data processing from the local authorities. However, the liberal attitude to gambling in Costa Rica does not mean overindulgence.
- Costa Rica is considered to be one of the most beneficial jurisdictions for online casinos to acquire the gambling license due to a whole range of advantages. It stands out because of the lack of legislation regulating gambling activities.
- Currently, Costa Rica License casinos must ensure their players gamble responsibly. This is part of the clause in the regulations stipulated when obtaining the casino permit.
What do you know about Costa Rica as an online gambling licence provider? All the important information about Costa Rica licensing. An online gaming company can provide gambling from Costa Rica and offer payments and deposits in cryptocurrency. Once the concept of the platform has been proven and any issues have been ironed out, the operator can proceed to acquire an actual license from a jurisdiction such as Curacao, Kahnawake or Malta to operate in a fully licensed manner.
It is permitted for businesses to conduct this activity in Costa Rica but you will need:
- A Costa Rican Corporation
- Registration with the tax authorities - Administración Tributaria
- A commercial license, which we obtain from the local government authorities
These gambling corporations work under a commercial license which can be obtained; Slogold will register the corporation and obtain the permits in all governmental institutions required, and fulfill any other specific requirement.
Once this is done we obtain the legal gambling license in the name of the corporation so the client is sure that his company will have no impediments to develop the intended objective.
Having a gambling license also helps corporations reach intended objectives without impediments along the way. To this end, most corporations set up in Costa Rica obtain a license.
In order to create a corporation in Costa Rica that will allow for licensing, it must deal in network administration or internet administration. All internet addresses from Costa Rica must be blocked from the server, since it is Costa Rica's strict policy that none of their citizens participate in online gambling. One must also create an offshore merchant account to deal with the transactions.
Due to the lack of legislation and oversight for online gambling, companies based in or registered through Costa Rica are not subject to monitoring or other regulations that many offshore companies are. This also means that since there isn't a body to govern gambling, companies are self-regulated and aren't required to pay betting or gaming tax.
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With more direct experience in legal online gaming companies than any other firm in Costa Rica and Central America, GLC Costa Rica Gaming Law Attorneys is a regional Gaming Law authority based in Costa Rica. Directed by Online Gaming Law expert attorney at law Augusto Arce, our firm has more than 14 years of experience in offshore gaming legal structures and companies operated from Costa Rica.
The creation of Costa Rica gambling corporations through a gambling license is one big part of our expertise regarding Costa Rica gambling law. Knowing the Costa Rica gambling industry and the requirements for a company to get established in the Costa Rica online gambling environment is our specialty. Most of the gambling sites and gambling companies are located in Costa Rica, and most have looked us as a guide to setup online gambling licensed services.
We know every aspect of the Costa Rica online gambling law and the online gambling legal requirements to get a gambling license. It does not matter if you want to setup one gambling site or several gambling sites, GLC Costa Rica Gaming Law Attorneys provide guidance for a Costa Rica online gambling operation under the Costa Rica gambling law structure.
Gaming companies in Costa Rica
For many years GLC Costa Rica Gaming Law Attorneys have adviced hundreds of entrepreneurs of small, medium and large online gaming companies in all the related aspects required to install a legal gaming operation as an offshore platform in Costa Rica. Because of the special nature of the gambling industry GLC Costa Rica Gaming Law Attorneys analyzes every specific request individually. Clients from around the world are interested in setting up a lucrative Costa Rica online gambling operations, however based in our experience with individuals and companies from around the world we believe in a serious analysis of the best way to provide a legal structure to the gaming enterprise.
GLC Costa Rica Gaming Law Attorneys Managing Partner Mr. Arce is the author of 'The Legality of International Gaming in Costa Rican Law' of 1999 and his opinion on the ever growing industry of online gaming has been featured in all the main newspapers of Costa Rica, specifically La Nacion, The Tico Times, El Financiero and Al Dia, besides that we have provided legal counsel to some of the largest online gaming operations in the country and the world.
Mr. Arce's experience in the Costa Rica online gambling industry and of the online gambling law, led him to create also a reference guide to setup online gambling license in Costa Rica. Costa Rica gaming companies, under the costa rica gaming license structure, more than surely have required of Mr. Arce's services to get an online gambling license.
Gambling in Costa Rica is permitted under the Costa Rica gaming law, so online gambling legality is not at question when planning to establish an internet online gambling operation. Costa Rica gambling law allows companies to have a gambling license and gambling sites under current online gambling laws.
So if you are planning to setup online gambling in costa rica as a company or individual, let us explain how gambling online from Costa Rica can be done. GLC Costa Rica Gaming Law Attorneys are the gaming law experts in costa rica, as our legal online gambling expertise shows.
The following are the basic services that we can provide to the online gaming entrepreneur:
- Online Gaming Report: A customized legal analysis of the implications of installing an offshore gaming company. You will need to give us at least the following information: Nationality of beneficiaries, Location of Servers, Types of Games offered, Target Market, Size of Operation and other important details.
- Gaming Companies: GLC Costa Rica Gaming Law Attorneys provide Costa Rican Gaming Companies with an authorization in their articles of Incorporation which allows online gaming activities and online entertainment.
- Gambling License: Costa Rica offers the ideal online gambling license for start ups, some of the largest online gaming companies of the world started in Costa Rica. The gambling license offered in Costa Rica is known as a data processing license and is actually an equivalent to a gambling license per se that has a comparatively low cost if compared to other licenses available in Panama, Antigua, Phillipines or the EU.
- Offshore Banking: A very delicate matter requires special attention to detail and will be created based on the special requirements of each specific business group.
GLC Costa Rica Gaming Law Attorneys strongly suggest you to contact our Gaming Legal team before you embark in your gambling operation as it is not recommended to incorporate a gaming company, obtain a gambling license or open bank accounts from firms who merely act as intermediaries or incorporation agents.
Costa Rica Gambling License Steps
Please look at the following basic step by step procedure to obtain a Gambling License aka Data Processing License:
Installing an online casino or gambling operation step by step procedure using an offshore company:
Step 1: Request an Online Legal Gaming Report to fully understand the details and implications involved in operating an online gambling operation.
-Give us a nationality of the beneficiaries
-Location of servers
-Target Market
-Type of Games offered
- Other important aspects
Step 2: Incorporate a Costa Rica Gaming Company or Purchase a Ready-Made Costa Rica Gaming Company
-Give us personal details of legal representatives and beneficiaries of the corporation.
-Proceed with the incorporation
Step 3: Incorporate an Offshore Corporation for Offshore Banking
-Give us personal details of legal representatives and beneficiaries of the corporation.
-Proceed with the incorporation
Step 4: Opening offshore Bank Accounts
Step 5: Apply for Gambling License via the Costa Rica Gaming Company
-Select the ideal location in Costa Rica with our advice.
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-Obtain necessary permits thru GLC Costa Rica Gaming Law Attorneys
Gambling License Costa Rica Family Resorts
-Obtain Gambling License
Gambling License Costa Rica Real Estate For Sale
Step 6: Get introduced by GLC Costa Rica Gaming Law Attorneys to payment processing companies
Gambling License Costa Rica Vacation Packages
Step 7: Go Live!