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Tax Engineering

Gambling license in Costa Rica

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Do you want to start online casino and carry out legal gambling activities without paying a fortune? Obtaining an online gambling license in Costa Rica is a very important step for consistent online casino business. It will help you to avoid problems with the law and create trustworthy relationships with the players.

Reference: LJO23490CR

$4591

Offshore company in Costa Rica with online gambling license

What is a gambling license?

What is a gambling license? Gambling license is a certificate that authorizes a company to develop business activity in online gambling sector. It is issued by a special regulated authority and includes a list of requirements that must be fulfilled by the beneficial owner of the company. Accounting, auditing, detailed description of activity and identification of beneficial owners are the main concerns when issuing gambling license.     

Costa Rica and its favorable fiscal regimes offer entrepreneurs from all over the world low tax rates, lax legislation and stable political and financial situation. If you register an offshore company in Costa Rica with gambling license you have a right to develop the following online gaming activities: online casino, lottery, online gaming machine, all kinds of bets, bingo, poker rooms, and other entertainments.  

Online gambling license in Costa Rica 

Theoretically, in Costa Rica there is no gambling license, due to the nonexistence of gambling regulations. What companies apply for is a data processing license that allows carrying out gaming activities outside of the territory of Costa Rica. It is important to know that it is impossible to obtain this license without previously registering an offshore company in this tax haven. The new company must have a registered local address and resident representative; these additional services are already included in the package that we offer. 

The only restriction that the government of Costa Rica imposes on the owners of online gambling licenses is a veto on participation of local residents. Therefore, when creating a webpage for your online business make sure you block the IP of Costa Rica.  

Online gambling license in Costa Rica: Advantages  

  • Tax saving: profit from income earned by a non-resident company registered in Costa Rica is not subject to tax due to favorable fiscal regimes established on its territory. 
  • Stable financial and political situation.
  • Cheap registration and maintenance cost. The holder of the license has to pay fix price at the moment of company incorporation and then pay annually some relatively low fees. 
  • Possibility to develop gambling activity in any country in the world, Europe and USA without any restrictions. 
  • Costa Rican companies can apply for bank accounts, payment gateways, credit and debit cards anywhere in the world.
  • Option to use nominee service and, therefore, achieve maximum anonymity.
  • It is not required to present annual accounts or auditing. However, it is advisable to keep the accounts without any obligation to present it annually. 

Offshore Company in Costa Rica for online gambling: Characteristics 

General information

Type of Company
LTD (with authorization for online gambling activities)
Type of Law
Common
Shelf company availability
Yes
Time it takes to set up a new company
10 days (+10 days for Apostil)
Government fees (excluding taxation)
US$150
Corporate Taxation
Nil
Double Taxation Treaty
No
Share capital or equivalent

Standard currency
Colon
Allowed currencies
Any
Minimum paid up capital
1 Colon
Usual authorized capital
10,000 Colons
Directors

Minimum number
1
Local required
No
Corporate Directors Permitted
Yes
Publicly accessible registry records
No
Location of meetings
Anywhere
Shareholders

Minimum number
1
Shares
Registered shares
Publicly accessible registry records
No
Location of meetings
Anywhere
Company secretary

Required secretary
Yes
Local or qualified secretary
No
Accounting and audits of the company

Requirements to prepare
Yes, but not obligatory to present it.
Audit requirements
No
Requirements to file accounts
No
Publicly accessible accounts
No
Other

Requirement to file annual return
No
Change in domicile permitted
Yes


* Offshore company formation in Costa Rica for online gambling activity with a bank account in the name of the company without a physical presence in the country. All arrangements will be made through e-mail and / or certified mail.

  •  
    in Costa Rica
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    notarized and apostilled in English and Spanish
  •  
    in EUR, US $ or GBP on behalf of the company with online banking included
  •  
    in the name of the company
  •  
    for 1 year
  •  
    for 1 year
  •  
    for 1 year
  •  
    for 1 year
  •  
    1195 euros (or the equivalent in another currency)
  •  
    by UPS or DHL to any part of the world
  •  
    Certified by a notary or notary public
  •  
    Certified by a notary or notary public
  •  
    Electricity, water, gas, telephone or bank statement
  •  
    in English
  •  
    Business letter of recommendation from a lawyer, accountant or tax advisor

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FINANCIAL SERVICES

Offshore Company

Bank accounts

Prepaid cards

E-commerce package

Payment gateway

Online gambling license

Private foundations