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ceo@asg-legal.com

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ONLINE GAMBLING LICENSES

It is legal to conduct this businesses activity in Costa Rica and you only need:

  • A Costa Rican corporation or company registered in Costa Rica.

  • Registration with the tax authorities.

  • A commercial license.

In practice, you do not require a license for Internet gambling, but you do require a commercial license.

Costa Rica has legislation to restrict land based gambling, but according to the legal system, those laws are not interpreted as extending to Internet gambling.

ASG Legal S.A. will register the corporation and obtain the permits required from all governmental institutions.

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.

To this end, most corporations registered 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.

The requirements to obtain this license are:

  • Power of attorney authorizing ASG Legal S.A. to process the gambling license.

  • Office lease contract.

  • Health permit.

  • Workers insurance policy.

  • A Costa Rican registered corporation.

Due to the absence 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 not required to pay betting or gaming tax.

 
 
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