Tobique Gambling License
The Tobique Gambling License is an ideal alternative to a similar license in Curacao. It allows you to enjoy the same benefits while having lower requirements, unlike the Curacao license after the reforms of the Ministry of Finance. Gofaizen & Sherle are ready to provide highly qualified support in obtaining a gambling license in Tobique with guaranteed results.
The Tobique gambling license is an alternative to the Curacao license. The process of obtaining both licenses is similar: relatively easy to comply with the requirements, quick to obtain (only 4 weeks), and the ability to do business in many countries.
Tobique is highly efficient: setting up a company takes only 10 working days, ensuring speedy start-up. What’s more, Tobique gives your business global freedom similar to a Curacao license, allowing you to operate in global markets.
The Tobique license is administered by the same regulatory body that has overseen the Curacao license for the past 25 years, ensuring high quality and reliability. This license becomes an attractive choice for entrepreneurs looking for a fast and versatile solution in the gambling industry, keeping your business world-class.
Tobique gambling license requires a clean criminal record, address verification, and bank statement.
Advantages of a Gambling License in Tobique
The advantage of a firm jurisdiction:
Tobique is a territory without geopolitical turmoil, the license is valid in Canada with low license fees and no local taxes.
Universal license:
Except for three countries (North Korea, Iran, and Myanmar), as well as the US, the license allows for a variety of gambling activities without corporate and income taxes.
Excellent coverage:
Tobique allows you to operate online casinos, sports betting, bingo, table games, and other gambling activities.
License Tax:
Unlike many jurisdictions, Tobique does not require a percentage of revenue, only annual fees, making it affordable for startups.
Fast obtainment:
A Tobique license can be obtained in as little as 3-4 weeks, instead of the 8-12 months typical of many other international licenses.
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Requirements for Obtaining a Tobique Gambling License
- No criminal record: None of the beneficiaries or directors of the company must have a criminal record. In case you are the sole beneficiary and plan to become a director, provide a clearance certificate.
- Proof of Address: You can usually use utility bills as proof of address.
- Bank Statement: Provide a bank statement for the last 3 months.
- Certification for Software Vendors: If you are developing games for operators, you will need certification from major vendors such as iTechLabs, GLI, and BMM Testlabs.
- Multi-jurisdictional registration: You don’t need to be physically present in different countries to register a gaming company.
- Functional website: It is important to ensure that your website is compliant and functional at the end of the licensing process. We will support you in this process.
Process of applying for a gambling license in Tobique
To obtain an online gambling license in Tobique, it is important to follow the steps carefully to ensure successful licensing and getting started in the industry.
Background and Document Check:
Step 1
- Carefully fill out all the required background information and ensure that the documents provided meet the requirements of the regulator to avoid delays in the licensing process.
Company Registration:
Step 2
- Develop a customized ownership structure that meets your needs and will improve the competitiveness of your business. Apply for a license on your behalf.
License Filing:
Step 3
- Monitor the processing of your application and work with the regulator to expedite the process. It is important to comply with the requirements and respond promptly to get your license in a short period.
Starting a payment agent company:
Step 4
- Consider establishing a payment agent company, which will simplify financial management and payment processing. Gofaizen & Sherle can help you determine which structure is best for your needs.
Open a bank account:
Step 5
- Review your options for opening a bank account and select the best fit for your business. Ensure all requirements are met and follow the instructions to successfully open an account.
Explore more information about the Tobique Gambling License
Gambling Lawyers in Tobique
Position
Senior Associate, Business Development ManagerPhone
+372 5477 0344
Position
Senior Associate, Head of Sales (FX and iGaming)Phone
+372 5300 1858Overview of gambling regulation in Tobique
| License processing time | 1-2 months |
| License application fee | 36 000 EUR |
| Minimum capital requirement | No |
| Tax on profit | 0.3% from turnover |
| Resident employee | No |
| Office requirement | No |
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