Gambling License England
Gambling License Malta-Gibraltar-Isle of Man- Costa Rica-Belize (Gaming License)- Sports Betting
Gambling License Malta-Gibraltar-Isle of Man- Costa Rica-Belize (Gaming License)- Sports Betting
Our
law firm - i.e. the network partners of the Low Tax
Network - form companies with gambling licenses on the
Isle of Man, Malta, Gibraltar, England and other
countries (for example: Belize, Antigua, Barbuda, Costa
Rica, Kahnawake) for our clients, … key to the
realization of an online gambling offering (online
casino, online betting, lottery, sports betting, the
company offers services itself or as a reseller).
We
welcome the opportunity to provide these services to
companies who provide gambling software.
We
provide consulting in the selection of the seat country
and the required license, as an additional service
within the scope of the "tax planning" (seat country
and/or "affiliated companies").
Gambling License (online casino-sports betting-gaming license): England
As England is a member of the European Union the EU freedom of establishment and the rules of the European Court of Justice concerning the freedom of establishment and the freedom to provide services within the EU apply. Consequently, a gambling company in England can offer its services throughout the EU. The starting point is the setting up of an English limited company or PLC with business premises in England: -location of the senior management in England: a person whose normal residence is in England must appear as a director of the company: either the client or an agent will transfer his normal residence to England or our legal office will appoint a trust director
-proper place of business in England: having a registered office does not count as a proper place of business, however offices do not need to be large.
-account on behalf of the company in England
As part of the approval procedure a court hearing will take place in London, at which the director of the limited company will be present. The licence is valid for 3 years and can be extended accordingly. The processing time is 3 -4 months. The online service offered is consequently hosted on an English server, and the owner of the domain is the English company (a limited company or PLC). Our English legal office will assume responsibility for the measures which have to be taken, from the lodging of the application up to and including the licence, plus bookkeeping, VAT registration, the annual accounts and, if applicable, the settlement of wages, plus the assessments of the gambling taxes that must be paid ("Everything in one hand solution"). In England, a distinction is made between an "organiser’s licence" (where the organiser offers his own games of chance on the internet) and an "agent’s licence". In addition, there is a difference depending on whether the company intends to provide the gambling service in Great Britain or only outside Great Britain ("Remote General Betting Licence"). The taxes on gambling are approx. 15%, with the taxes on earnings of the English limited company or PLC rising progressively from 21-30% . The documents required are inter alia a business plan and documentation attesting to the reliability of the management.
Gambling Act UK 2005 The Gambling (Operating Licence and Single-Machine Permit Fees) (Amendment) Regulations 2009
| Description of licence | Unit of division | Category F | Category G | Category H | Category I | Category J | Category K | Category L |
|---|---|---|---|---|---|---|---|---|
|
Casino operating licence |
Annual gross gambling yield | Less than £0.5 million | £0.5 million or greater, up to but excluding £5 million | £5 million or greater, up to but excluding £25 million | £25 million or greater, up to but excluding £100 million | £100 million or greater, up to but excluding £250 million | £250 million or greater, up to but excluding £500 million | £500 million or greater |
|
Bingo operating licence |
Annual gross gambling yield | Less than £0.5 million | £0.5 million or greater, up to but excluding £5 million | £5 million or greater, up to but excluding £25 million | £25 million or greater, up to but excluding £100 million | £100 million or greater, up to but excluding £250 million | £250 million or greater, up to but excluding £500 million | £500 million or greater |
| General betting (limited)(virtual events) operating licence | Annual gross gambling yield | Less than £0.5 million | £0.5 million or greater, up to but excluding £5 million | £5 million or greater, up to but excluding £25 million | £25 million or greater, up to but excluding £100 million | £100 million or greater, up to but excluding £250 million | £250 million or greater, up to but excluding £500 million | £500 million or greater |
|
General betting (limited)(real events) operating licence |
Annual gross gambling yield | Less than £5.5 million | £5.5 million or greater, up to but excluding £110 million | £110 million or greater, up to but excluding £220 million | £220 million or greater, up to but excluding £550 million | £550 million or greater | ||
|
General betting (limited) operating licence |
Annual gross gambling yield | Less than £275,000 | ||||||
| Pool betting operating licence | Annual gross gambling yield | Less than £5.5 million | £5.5 million or greater, up to but excluding £110 million | £110 million or greater, up to but excluding £220 million |
£220 million or greater, up to but excluding £550 million |
£550 million or greater | ||
| Betting intermediary operating licence | Annual gross gambling yield | Less than £5.5 million | £5.5 million or greater, up to but excluding £110 million | £110 million or greater, up to but excluding £220 million |
£220 million or greater, up to but excluding £550 million |
£550 million or greater |
|
Betting intermediary (trading room only) operating licence |
Annual gross gambling yield | Less than £550,000 | £550,000 or greater, up to but excluding £6.6 million | £6.6 million or greater | ||||
|
Gaming machine technical (full) operating licence |
Value of annual gross sales | Less than £550,000 | £550,000 or greater, up to but excluding £6.6 million | £6.6 million or greater | ||||
|
Gaming machine technical (supplier) operating licence |
Value of annual gross sales | Less than £550,000 | £550,000 or greater, up to but excluding £6.6 million | £6.6 million or greater | ||||
|
Gaming machine technical (software) operating licence |
Value of annual gross sales | Less than £550,000 | £550,000 or greater, up to but excluding £6.6 million | £6.6 million or greater | ||||
| Gambling software operating licence | Value of annual gross sales | Less than £550,000 | £550,000 or greater, up to but excluding £6.6 million | £6.6 million or greater | ||||
|
Lottery operating (external lottery manager) licence |
Annual proceeds | Less than £550,000 | £550,000 or greater, up to but excluding £6.6 million | £6.6 million or greater | ||||
| Lottery operating (society) licence | Annual proceeds | Less than £100,000 |
£100,000 or greater, up to but excluding £500,000 |
£500,000 or greater |
Government Charges/Fees
There are 3 types of charges. On the one hand, there is the application fee for each licence and, on the other, the licence for the staff/management. These must be paid in advance or along with the application respectively. In addition, annual fees arise for the licensee as a third charge as well as 5-yearly processing fees for the staff licences. The licence fee falls due for payment 30 days after the licence has been issued. Application fee : one-off payment of 20,580.00 pounds sterling per licence application. Staff/ management licence: 330.00 pounds sterling per person. The annual licence fee depends on the gross turnover:
Category F - turnover up to 5 million pounds sterling
Category G - turnover of 5-100 million pounds sterling
Category H - turnover of 100 - 200 million pounds sterling
Category I - turnover of 200 - 500 million pounds sterling
Category J - turnover of over 500 million pounds sterling
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If we assume, as an example, that the client falls into Category I, then the one-off fees as described would fall due for payment and an annual licence fee of 110,820.00 pounds sterling.
Regulatory Requirements
An audit must be carried out (using a UK firm of auditors), if an income of more than 1 million pounds sterling is achieved. In addition, an annual application for the inspection of the conditions is required.
Additional Requirements
If additional or other types of gambling such as bingo should be offered, then these are not covered by the licence and must be applied for and authorised separately. In addition, there are certain conditions for keeping the licence that have to be fulfilled. Here are the most important of these:
- the gambling authority must be informed if the distribution of the stakes of the shareholders changes by more than 3%.
- the general terms and conditions and all the information relevant to gambling respectively must be listed on the website.
- there are various training standards /requirements in relation to employees
- requirements of the law on money-laundering - the gambling authority must be informed whenever changes occur in the key management.
Taxation
The "gambling tax" can be represented as two "duties":
1) "Betting duty", the "tax on betting" falls due for payment on each net contribution taken in from betting – insofar as applicable-
2) "Remote gaming duty", the "tax on remote gambling", falls due for payment on the net profits from gambling - insofar as applicable This is 15% in both cases. Costs of Achieving a Gambling Licence in England Our legal fees depend on the services. We will gladly send you a summary of charges. Initial capital does not need to be raised. On top of this there are the government fees for registration with the English Gambling Commission. There may be other fees on top of this, e.g. for the translation of the business plan into English. We can recommend an appropriate translator in this event.
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