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Costa Rica gambling is developing actively, attracting thousands of investors around the world. You can start a profitable gambling project in this jurisdiction with the help of Rosloto.We provide a wide range of services related to the opening of a Costa Rica casino. Costa Rica gambling law allows companies to have a gambling license and gambling sites under current online gambling laws. Due to a large number of gambling sites basing themselves in Costa Rica, an internet gaming license was introduced. Costa Rica is one of the best places to set up online casino and online gambling corporations. Costa Rica has almost zero regulations for sites licensed in the country. This makes it a major destination for operators interested in pursuing “off limits” markets such as the United States. Costa Rican betting sites are free to accept customers from every country in the world except one: Costa Rica. Best Costa Rica Gambling Sites for 2021. If you’re a resident of Costa Rica looking to gamble online, then you’ve come to the right spot. We’ve constructed this page to help you learn the full scoop about Costa Rican gambling sites in one convenient location. Below, you’ll locate everything you need to know about the top Costa Rican. All gambling in Costa Rica. Casino sites, Betting sites, Bingo sites, Slot halls, Entertainment complexes with casinos for relax, Regulatory authorities.
Costa Rica is a rugged, rainforested Central American country with coastlines on the Caribbean and Pacific. Though its capital, San Jose, is home to cultural institutions like the Pre-Columbian Gold Museum, Costa Rica is known for its beaches, volcanoes and immense biodiversity. Roughly a quarter of its area is made up of protected jungle, rich with wildlife including spider monkeys and quetzal birds.
Taxes
- Corporate Tax: N/A
- Gambling Tax: N/A
Who manages E-Gambling in Costa Rica?
Online Gambling Companies are self-regulated. Because there is no official organization to recognize license holders, there is no betting or gaming tax.
Overview
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.
Costa Rica Gambling Websites For Sale
Costa Rica is a popular place to establish online gaming business. Although there is no specific gambling license for gaming activities, corporation may be setup as a gambling company and may hold a “data processing license”. To obtain this license the corporation must have a physical location in Costa Rica.
The license indicates only that the company is able to process data. This is so because there is no specific gambling license in Costa Rica, so all corporations that conduct gambling activities use this “data processing license” or most recently some of them operate using a “marketing license”.
In order to obtain a license in Costa Rica the company must have an office in Costa Rica.
There are two gambling license options:
1. Permanent: This option is used when you need to keep the license permanently up to date. In this case the leasing of the office should be paid annually to keep the office space.
2. Temporary: The same license as in the permanent case, but once the license is issued the client does not rent the office space anymore thus saving the expenses. The office is leased for six months only in order to obtain the license.
Minimum Share Capital for an iGaming Company:
A minimum of 25% of the issued capital must be paid up on incorporation
Licence Fee:
Licenses are only required for land-based operations; i.e. if the corporation has an office within the country.
In order to acquire a license, power of attorney authorizing Costa Rican staff to do the processing is needed. The price of a permanent license is $5,000 USD in legal fees, $500 for administrative and legal costs, $3,600 for yearly lease, and $5,000 for renewal at the end of the year. Temporary licenses are also available, costing similar amounts. Administrative and legal costs are $500, legal fees $5,000, yearly lease $1,200, and a $2,000 renewal fee at the end of the year.
Licence Length:
One year
Reporting Requirements to Regulators:
Costa Rica does not employ a body which oversees the online gambling operations in business there. As a result, there is no regulatory authority, neither is there any third party for players to turn to, should they encounter a problem with one of the casinos based there
Anti-Money Laundering Policy:
All operators must comply with AML legislation in force
Contact Details:
Costa Rica Commerce
What does it cost?
We can offer two types of opportunities to our clients:
- Costa Rica gambling company incorporation
- White label under our existing Costa Rica company
Industry and Economy Ministry
Edificio del IFAM
San Jose
Costa Rica 10216-1000
Telephone: +506 235 2700
Website: www.meic.go.cr
Email: uie AT meic.go.cr
Online casinos licensed in Costa Rica
10xaction.com
123 Vegas Win
123Bingo Online
1S Poker
1Spin.com
21 Dukes
3PigsCasino
5Dimes Casino and Sportsbook
724Sports.com
777 Kazino
7Reels Casino
7Spins
95fun.com
ABC Islands Casino and Sportsbook
Ace Live Casino
For more information:
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FURTHER INFORMATION ON CURACAO GAMBLING LICENSES
We wrote an article on Curacao Gambling License which may be of interest to you should you be looking for alternative casino licensing information.
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