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The 2004
Remote Gaming Regulations have expanded the range of licensed gambling
operations that can be performed via Malta to include online gaming in addition
to traditional fixed odds operations. License are now available for online
casinos, casino-style games, betting exchanges and lotteries. These new laws
have created a system of checks and balances ensuring that Malta retains its
competitive edge as an advantageous yet seriously regulated gaming regime.
Our
specialised
iGaming Unit, in close collaboration with the gaming and tax lawyers at
Chetcuti
Cauchi Advocates, assists clients through all stages of the licence
application process. Upon the issue of the relevant licence that today,
CCA Interserv assists its clients
in all operational and technical aspects of the setting up and everyday running
of their operation in Malta.
Backed by
years of gaming experience, our
iGaming Unit understands the specialised demands of the gaming industry and is
capable of responding efficiently and promptly to the unique requirements of
each gaming client.
Types of
Gambling Licenses in Malta.
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Class 1 – Online Gaming License
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Class 2 – Online betting office
license or an online betting exchange office license
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Class 3 – License to promote and
abet gaming from Malta
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Class 4 – License to host and manage
online gaming operators, excluding the licensee himself
Taxation on all Three Classes
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Online Gaming License - a sum of LM
2000/month in the first six months after the issue of the license & Lm3,000
per month for the entire duration of the of the license period.
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Online gaming operated by a Class 4
Remote Gaming licensee, licensee who operates the hosting platform shall not
pay any tax for the first six months after the issue of the license, then he
pays one thousand Maltese Liri (Lm1,000) per month for the subsequent six
months and subsequently two thousand Maltese Liri (Lm2,000) per month for the
entire duration of the license.
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Licensees operating from the hosting
platform - a sum of Lm500/month.
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Online Betting Operations - a sum
equivalent to 0.5% on gross amounts of bets.
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Online Betting Exchanges - a sum
equivalent to 0.5% on the sum of all net winnings calculated per player
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Pool betting – a sum equivalent to
half of one per centum (0.5%) on the aggregate of stakes paid.
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Provided that in all cases the total
maximum of tax payable per annum by one licensee in
respect of any one license shall not exceed Lm200,000.
Malta Companies
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Gaming operations can take the form of
Maltese ITCs (onshore European companies)
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Normal corporate tax rate on worldwide
income at 35%
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Tax Refunds to non-resident
shareholders of up to 31%
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Possible Effective Tax rates of 4%
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Favourable double-taxation agreements with key countries.
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Confidential shareholding possible.
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Fast-track incorporations (24hr
service)
Our
Service
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Company Incorporation
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Business Planning
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Operational Assistance
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Bank account opening & admin services
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Book-keeping, Accounting & (external)
Audit services
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Location of commercial property/office space on sale or for rental in Malta
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License applications
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Merchant & other Bank Accounts
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Payment Systems
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Web hosting & Co-Location
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Data Protection Audits
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Website Terms & Technology Contracts
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Branding & Trademarks
For more
detailed information, please contact our
iGaming Unit [contact
info here]
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