Obtaining a Gambling License in Antigua and Barbuda

Antigua and Barbuda is a small island nation in Central America. However, this jurisdiction is widely known among gambling companies. This country is one of the most popular jurisdictions for gambling licenses. It should be noted that precisely, this country was the first to allow the issuance of permits for betting shops and interactive gambling companies. It happened in 1994. However, there can be some problems in obtaining gambling licenses on your own, and the process may be delayed, so it is better to entrust this work to professionals. Lawtter Solutions offers its clients the services of obtaining Antigua and Barbuda licenses on favorable terms.

Advantages

What Are the Advantages of Antigua and Barbuda?

Antigua and Barbuda is among the world’s most well-known gambling license jurisdictions. It has been able to achieve this status due to several significant advantages.

1

Political and economic stability

Antigua and Barbuda are among the most stable countries in Central America. Crises are sporadic here.
2

The jurisdiction is white-listed

The regulator of Antigua and Barbuda is included in the white lists of Great Britain and the European Union, so casinos with a license from this regulator can legally operate in these jurisdictions.
3

No taxation for non-residents

Companies that operate as non-residents are not required to pay taxes to the treasury of Antigua and Barbuda. Only an annual fee is payable.
4

It is possible to operate from abroad

To obtain a gambling license in Antigua and Barbuda, it is not necessary to register a legal entity on the territory of this state. The company can be registered anywhere in the world.
5

The high degree of confidentiality

In Antigua and Barbuda, the register of beneficiaries is closed, and it is possible to obtain data from it only by court decision. It is possible to use the nominee service.

Thus, Antigua and Barbuda are attractive zones for gambling companies. Therefore, it is unsurprising that organization registration and annual fees are essential to this island nation’s state budget.

Regulation

Regulation of Gambling Activities in Antigua and Barbuda

The Financial Services Regulatory Commission (FRSC) regulates gambling activities in Antigua and Barbuda. This body sets company rules, monitors compliance, and decides whether to issue, deny, or revoke an Antigua and Barbuda gambling license. There are a total of two types of gambling licenses in Antigua and Barbuda, described below:

  • Casino license. Permits of this type are obtained by virtual casinos, companies that offer slot games, poker rooms, and other entertainment.
  • License for betting services. Such licenses are issued to betting companies.

 

There are also particular types of permits for representatives of the management sector in the gambling sphere.

Requirements

Basic Requirements for Obtaining a License in Antigua and Barbuda

In general, Antigua and Barbuda is a rather loyal jurisdiction in terms of requirements for obtaining a license. In particular, it is not necessary to register a company on the island. However, you will need a legal address and premises. Online casino servers must necessarily be located in Antigua and Barbuda.

 

The jurisdiction has personnel requirements. In particular, the company must have at least one shareholder and at least one director. There are no residency requirements. Shareholders can be individuals or legal entities.

 

There are no taxes for casinos in Antigua and Barbuda. However, there are requirements for the payment of mandatory fees. In particular, when applying, $10,000 must be deposited. It is non-refundable, and this fee must be paid again in case of refusal and resubmission of documents. Once the application is submitted, a fee of $15,000 must be paid. There is also the cost of the license, depending on the type of activity:

  • For virtual casinos – $100,000;
  • For bookmaker offices – $75,000.

 

Companies are also required to pay an annual fixed fee for license renewal. Its amount also differs depending on the type of activity:

  • For virtual casinos – $60,000;
  • For bookmaker offices – $35,000.

 

Thus, the cost of obtaining a license and annual fees for an Antigua and Barbuda gaming license are quite high. However, such requirements ensure that only reliable operators receive permits.

Documents

What Documents Are Required to Obtain a License?

You should prepare a document package to obtain a gambling activity license. It includes:

01

Company registration documents.
02

Data on shareholders and directors of the company.
03

Information on staff qualifications.
04

Bank details and a bank statement confirming the availability of sufficient funds.
05

Certificates of software and equipment.
06

Policies of the virtual casino.

The gambling regulator may also require additional documentation.