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1. Costa Rica Online Casino License Renewal
2. Costa Rica Online Casino License Plate
3. Costa Rica Online Casino License Search

A Costa Rica Gaming License in the form of a Company Registration is mostly taken for online gaming. It has emerged as a popular destination owing to the lack of separate regulatory authority which reduces the hassles of taking a separate online gaming license. Online Gaming Licenses in Curacao have no classification on gaming business types — meaning your license will cover all casino games, sport betting, lotteries, poker, bingo, eSports, Daily Fantasy Sports, B2B and more! Get Your License Today!

With more direct experience in legal online gaming companies than any other firm in Costa Rica and Central America, GLC Costa Rica Gaming Law Attorneys is a regional Gaming Law authority based in Costa Rica. Directed by Online Gaming Law expert attorney at law Augusto Arce, our firm has more than 14 years of experience in offshore gaming legal structures and companies operated from Costa Rica.

The creation of Costa Rica gambling corporations through a gambling license is one big part of our expertise regarding Costa Rica gambling law. Knowing the Costa Rica gambling industry and the requirements for a company to get established in the Costa Rica online gambling environment is our specialty. Most of the gambling sites and gambling companies are located in Costa Rica, and most have looked us as a guide to setup online gambling licensed services.

We know every aspect of the Costa Rica online gambling law and the online gambling legal requirements to get a gambling license. It does not matter if you want to setup one gambling site or several gambling sites, GLC Costa Rica Gaming Law Attorneys provide guidance for a Costa Rica online gambling operation under the Costa Rica gambling law structure.

Gaming companies in Costa Rica

For many years GLC Costa Rica Gaming Law Attorneys have adviced hundreds of entrepreneurs of small, medium and large online gaming companies in all the related aspects required to install a legal gaming operation as an offshore platform in Costa Rica. Because of the special nature of the gambling industry GLC Costa Rica Gaming Law Attorneys analyzes every specific request individually. Clients from around the world are interested in setting up a lucrative Costa Rica online gambling operations, however based in our experience with individuals and companies from around the world we believe in a serious analysis of the best way to provide a legal structure to the gaming enterprise.

GLC Costa Rica Gaming Law Attorneys Managing Partner Mr. Arce is the author of 'The Legality of International Gaming in Costa Rican Law' of 1999 and his opinion on the ever growing industry of online gaming has been featured in all the main newspapers of Costa Rica, specifically La Nacion, The Tico Times, El Financiero and Al Dia, besides that we have provided legal counsel to some of the largest online gaming operations in the country and the world.

Mr. Arce's experience in the Costa Rica online gambling industry and of the online gambling law, led him to create also a reference guide to setup online gambling license in Costa Rica. Costa Rica gaming companies, under the costa rica gaming license structure, more than surely have required of Mr. Arce's services to get an online gambling license.

Gambling in Costa Rica is permitted under the Costa Rica gaming law, so online gambling legality is not at question when planning to establish an internet online gambling operation. Costa Rica gambling law allows companies to have a gambling license and gambling sites under current online gambling laws.

So if you are planning to setup online gambling in costa rica as a company or individual, let us explain how gambling online from Costa Rica can be done. GLC Costa Rica Gaming Law Attorneys are the gaming law experts in costa rica, as our legal online gambling expertise shows.

The following are the basic services that we can provide to the online gaming entrepreneur:

• Online Gaming Report: A customized legal analysis of the implications of installing an offshore gaming company. You will need to give us at least the following information: Nationality of beneficiaries, Location of Servers, Types of Games offered, Target Market, Size of Operation and other important details.
• Gaming Companies: GLC Costa Rica Gaming Law Attorneys provide Costa Rican Gaming Companies with an authorization in their articles of Incorporation which allows online gaming activities and online entertainment.
• Gambling License: Costa Rica offers the ideal online gambling license for start ups, some of the largest online gaming companies of the world started in Costa Rica. The gambling license offered in Costa Rica is known as a data processing license and is actually an equivalent to a gambling license per se that has a comparatively low cost if compared to other licenses available in Panama, Antigua, Phillipines or the EU.
• Offshore Banking: A very delicate matter requires special attention to detail and will be created based on the special requirements of each specific business group.

GLC Costa Rica Gaming Law Attorneys strongly suggest you to contact our Gaming Legal team before you embark in your gambling operation as it is not recommended to incorporate a gaming company, obtain a gambling license or open bank accounts from firms who merely act as intermediaries or incorporation agents.

Costa Rica Gambling License Steps

Please look at the following basic step by step procedure to obtain a Gambling License aka Data Processing License:

Installing an online casino or gambling operation step by step procedure using an offshore company:

Step 1: Request an Online Legal Gaming Report to fully understand the details and implications involved in operating an online gambling operation.

-Give us a nationality of the beneficiaries

-Location of servers

-Target Market

-Type of Games offered

- Other important aspects

Step 2: Incorporate a Costa Rica Gaming Company or Purchase a Ready-Made Costa Rica Gaming Company

-Give us personal details of legal representatives and beneficiaries of the corporation.

-Proceed with the incorporation

Step 3: Incorporate an Offshore Corporation for Offshore Banking

-Give us personal details of legal representatives and beneficiaries of the corporation.

-Proceed with the incorporation

Step 4: Opening offshore Bank Accounts

Step 5: Apply for Gambling License via the Costa Rica Gaming Company

-Select the ideal location in Costa Rica with our advice.

-Obtain necessary permits thru GLC Costa Rica Gaming Law Attorneys

-Obtain Gambling License

Step 6: Get introduced by GLC Costa Rica Gaming Law Attorneys to payment processing companies

Step 7: Go Live!

As per the legislation of many jurisdictions, online gambling relates to illegal commercial activities. If you intend to do business in this industry, if you possess the required knowledge and assets, but are willing to do it legally, we recommend that you focus on jurisdictions where the gambling online is permitted by law.

Currently, there are many countries where bookmaker agency and online casino registration is not considered to violate the law. Costa Rica is ranked special among such jurisdictions. And moreover, a license is not required to perform activities related to online gambling of companies registered within Costa Rica. The only requirement set by the governmental authority is the prohibition to accept bets from citizens of the same state.

In Costa Rica, the process of company registration takes no more than 50-60 days. If these companies refer to nominal service offered by the Private Financial Services, the terms of registration can be advanced twice. We count from the time when the local registrar is provided with the package of required documentation.

Laws that regulate commercial activities in the country are specified back in 1964 in the special Commercial Code. In terms of registration forms, foreign investors may create the corporate business within the country area. Creation of the corporate business involves a range of requirements:

• at least, one shareholder who is an individual and one shareholder who is a legal person should be the the company member at the time of establishment;
• meetings of shareholders should be held at least once a year as per the charter, and not necessarily on the territory of Costa Rica;
• preferential shares are allowed but bearer shares and no-par value shares are not allowed;
• the corporate business should enter: a fiscal representative, the resident’s agent and the treasurer, secretary and president (three managers).

The laws of the Commercial Code does not impose any strict requirements regarding the minimum amount of the authorized capital. The only important aspect to consider is at least 25% of the authorized capital should be paid at the time of the corporation registration.

A bank account may be opened with any foreign bank with no restrictions.

The activities undertaken by a company in the field of online gambling, registered on the territory of the country is not taxed. The so-called corporate tax should be only paid once a year.

The legal field of Costa Rica provide certain requirements for companies registered within the country in respect of their legal address. This requirement is normally easy to meet using lease services; there is no need in purchase of the real estate to get a legal address there. To confirm the legal address, a standard rental contract is enough.

Costa Rica Online Casino License Renewal

Cost of Business Company Registration in Costa Rica

The cost of registration procedure for the owner of online business associated with gaming is 2 850 Euro. Besides, a reference should be there with any European company to open the merchant in the EU of the average cost of about $1,350 USD. The price of registration includes the basic package of documents and legal address for the period of 365 days.

Basic package of documents. The basic package of documents includes:

Costa Rica Online Casino License Plate

— Certificate of registration (original).
— Decision on appointment of the first Director (original).
— Constituent paper (original).
— Company seal.

Costa Rica Online Casino License Search

• Treasurer, Secretary and President (three managers as per the Costa Rican law) – 2400 Euro.
• One nominee Director – 800 Euro.
• Annual support, starting from the second year – 2500 Euro.
• Opening a company account in Costa Rica (amount depends on the selected banking facility).
• Merchant account opening is 700 Euro.