E-gaming in 2023

pay fee by instalmentsbusiness setup without travelGuaranteed solutions

Healy Consultants Group PLC 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

JurisdictionsGibraltarMaltaIsle of ManPhilippinesCuracaoCosta RicaPanama
In order of preference1234567
Resident director required?NoNoYesYesYesNoNo
Min # of directors1121113
Resident shareholder required?NoNoNoNoNoNoNo
Local agent required?YesYesYesYesYesYesYes
Min # of shareholders1211121
Corporate shareholder allowed?YesYesYesNoYesYesYes
Type of licenseRemote gambling licenseRemote gambling licenseFull LicenseInteractive Gaming licenseeGaming IP LicenseNo specific licenseInternet Gaming License
Application submission Government fees (US$)None2,8008,00040,000NoneNone40,000
Timeframe to prepare application3 weeks*3 weeks*3 weeks*3 weeks*3 weeks*1 weeks3 weeks*
Timeframe for Government preapproval4 weeksNot requiredNot requiredNot required1 weekNot requiredNot required
Annual license cost£2,000US$8,500£35,000US$60,000US$67,200N/AUS$20,000
Application forms available?NoYesYesYesNoNone requiredYes
Timeframe to obtain Government license3 months5 months4 months2 months2 monthsNone required2 months
License valid for1 year5 years5 years1 year5 yearsNone required7 years
Regulatory authorityGibraltar Regulatory AuthorityLGA MaltaGambling Supervision CommisionCEZACIGANone requiredThe Gaming Commission
E-Gaming regulation?YesYesYesYesYesN/AYes
Easy to obtain?NoYesYesYesYesN/AYes
Player protection of fundsNoNoYesNoYesNoYes
AML regulation?YesYesYesYesYesYesYes
Corporate tax (%)5 - 35%0%0% for 6 years2%30%0%
VAT registration requiredNoYesYesYesNoNoNo
Other taxes?Annual tax
1% of turnover, Min.
£85,000 per annum
Depends on Class 1-4None5% Special taxNoneNoneNone
Annual reportYesYesYesYesYesYesYes
Public register of shareholders?YesYesYesYesNoYesYes
OECD White listYesYesYesYesYesYesYes
Offshore company allowed?NoYesNoNoYesYesYes
Offshore bank account allowed?NoYesNoYesYesYesYes

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!