E-gaming in 2024

pay fee by instalmentsbusiness setup without travelGuaranteed solutions

Healy Consultants Group has numerous Clients in the e-gaming industry and we provide them with specialized consulting services to setup their online gaming business in their preferred jurisdiction. We support online and networking gaming start-ups by offering the following business support services:

  • International banking facilities;
  • Payment provider services for Online Gaming;
  • Office premises;
  • Gaming licensing services;
  • Accounting and VAT support services;
  • Liaising with regulatory authorities and government bodies;
  • Gaming legal advisory services;
  • Gaming management system setup and management services;
  • Recruitment, relocation and migration services;
  • Local server hosting;
  • Data and disaster recovery;
  • Data Protection Act registration.

E-gaming business – jurisdictions comparison

Jurisdictions Gibraltar Malta Isle of Man Philippines Curacao Costa Rica Panama
In order of preference 1 2 3 4 5 6 7
Type of entity LLC LLC LLC SP NV SRL LLC
Resident director required? No No Yes Yes Yes No No
Min # of directors 1 1 2 1 1 1 3
Resident shareholder required? No No No No No No No
Local agent required? Yes Yes Yes Yes Yes Yes Yes
Min # of shareholders 1 2 1 1 1 2 1
Corporate shareholder allowed? Yes Yes Yes No Yes Yes Yes
Type of license Remote gambling license Remote gambling license Full License Interactive Gaming license eGaming IP License No specific license Internet Gaming License
Application submission Government fees (US$) None 2,800 8,000 40,000 None None 40,000
Timeframe to prepare application 3 weeks* 3 weeks* 3 weeks* 3 weeks* 3 weeks* 1 weeks 3 weeks*
Timeframe for Government preapproval 4 weeks Not required Not required Not required 1 week Not required Not required
Annual license cost £2,000 US$8,500 £35,000 US$60,000 US$67,200 N/A US$20,000
Application forms available? No Yes Yes Yes No None required Yes
Timeframe to obtain Government license 3 months 5 months 4 months 2 months 2 months None required 2 months
License valid for 1 year 5 years 5 years 1 year 5 years None required 7 years
Regulatory authority Gibraltar Regulatory Authority LGA Malta Gambling Supervision Commision CEZA CIGA None required The Gaming Commission
E-Gaming regulation? Yes Yes Yes Yes Yes N/A Yes
Easy to obtain? No Yes Yes Yes Yes N/A Yes
Player protection of funds No No Yes No Yes No Yes
AML regulation? Yes Yes Yes Yes Yes Yes Yes
Corporate tax (%) 5 - 35% 0% 0% for 6 years 2% 30% 0%
VAT registration required No Yes Yes Yes No No No
Other taxes? Annual tax
1% of turnover, Min.
£85,000 per annum
Depends on Class 1-4 None 5% Special tax None None None
Annual report Yes Yes Yes Yes Yes Yes Yes
Audit Yes Yes No Yes No No Yes
Public register of shareholders? Yes Yes Yes Yes No Yes Yes
OECD White list Yes Yes Yes Yes Yes Yes Yes
Offshore company allowed? No Yes No No Yes Yes Yes
Offshore bank account allowed? No Yes No Yes Yes Yes Yes

It is important our Clients’ are aware of their personal and corporate tax obligations in their country of residence and domicile and they will fulfill those obligations annually. Let us know if you need Healy Consultants help to clarify your local and international annual tax reporting obligations.

Contact us

For additional information on our E-gaming services in Singapore, please contact our in-house country expert, Mr. Seth Ochieng, directly:
Director of Client Engagements - Seth
  • Mr. Seth Ochieng
  • Director of Client Engagements
  • Contact me!