How to open an online casino in Malta?

Today, the Government of Malta has created a favorable and comfortable environment for the gambling business. Many foreign investors are interested in opening an online casino in this region. It’s no secret that gambling activity is very profitable and brings a lot of income to the budget of this country.

Advantages of opening an online casino in Malta

  • Malta is a country with a stable economy and currency
  • The Maltese government provides significant support to foreign entrepreneurs.
  • If a businessman receives the status of a resident of the country, he will be provided with a list of tax benefits.
  • The Malta Individual Investor Program is a program developed by the Maltese government that enables foreign investors and their families to obtain citizenship. The consideration of the application takes from 12 to 14 months.

Taxation in Malta

At first glance, it might seem that the tax of 35% of revenue in Malta is not conducive to attracting many foreign investors. However, it is worth noting that those operators must pay tax in this amount who run their gambling business in Malta and their income exceeds 10%.

Opening an online casino in Malta

Malta is a respectable jurisdiction that offers the most favorable conditions for the legalization of gambling activities. Many gambling companies are headquartered in Malta.

Today, the opening of an online casino in Malta is gaining immense popularity. However, if you want your casino to function legally in the Malta gambling market, you need to obtain a gambling license.

Basic requirements for getting a gambling license in Malta

  • Creation and registration of a company in Malta
  • Submission of corporate documents for a new company
  • Providing personal data of all employees of the company
  • Opening an office in Malta
  • Organization of network, fax, and telephone lines registered to the actual address of the company.
  • Providing software information.

Conclusion

The desire to make a lot of money leads many entrepreneurs to look for various options for investment. Starting an online casino in Malta is a very profitable investment. Good conditions for foreign businessmen, stable currency, attractive taxation, and other advantages make Malta a competitive player in the international market.

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Slotegrator

Slotegrator

Slotegrator is a software and business solution aggregator that offers everything gambling operators need to launch and expand an online casino and sportsbook.