If you want to start a high-quality gambling business, a Maltese Gaming License is essential. At LicenseGentlemen we offer you more than just help. We provide comprehensive support to help you not only obtain your MGA license but also operate efficiently while optimizing tax structures and minimizing operational risks.
The MGA licensing process is one of the most complex in the world. This automatically filters out companies that don’t meet high standards and can put the player at risk of losing money.
Most companies that apply to the MGA have to turn back and choose one of the alternatives because they don’t understand the process or are simply afraid to get involved in a fight they may lose if they spend too much time on the application.
We’ll help minimize the risk and give you a straightforward playbook that will help you get your MGA license in no time.
What Are the Types of Malta Gaming Licenses?
Malta offers several types of gambling licenses, each covering different aspects of the industry. Understanding these categories is the first step to figuring out which license fits your business model.
Here are some of the main types of Malta Gaming Licenses:
- For Online Gaming Operations: Ideal for operators who offer online casino and sports betting websites.
- For Land-based Gambling: Designed for businesses with physical establishments, such as casinos or betting shops.
- B2B business model: Suitable for software providers and other companies offering gaming solutions to operators. For example, online casino platforms, or software providers.
- For Fantasy Sports: Tailored for operators offering fantasy sports betting platforms.
- For Skill Games: Applicable for operators offering skill games such as Poker, BlackJack, Baccarat etc
Benefits of the Malta Gaming License
Obtaining a Malta Gaming License comes with several benefits that make it a preferred choice among entrepreneurs in the gambling industry. Some of the most important advantages are:
- Reputation and credibility: The MGA license is recognized and respected worldwide and strengthens the reputation of your brand. Many high-rollers only choose casinos that have made an effort and passed the MGA compliance process. And why? Because it significantly reduces the risks and increases the chances that they will be paid out if they are lucky.
- Access to the EU market: Malta is an EU member state which grants access to the European market. If you plan to target the European market then this is a must-have
- Tax optimization: Our experts at LicenseGentlemen will help you optimize your business for tax purposes, so you can benefit from Malta’s favorable tax incentives.
- Tax Reversal Opportunities: There is a corporate tax rate of 35% in Malta, but the tax system allows tax refunds of up to 6/7 for certain activities, giving you even more tax advantages. So, after the tax reversal, the effective corporate tax is just 5%
- Risk Mitigation: We help you identify and mitigate operational risks to ensure smooth and safe gaming operations.
- Speedy Application Processing: Thanks to our excellent relationships with the regulatory authorities, you can expect the fastest application processing in the industry.
- Clear instructions: Our team will provide you with clear and concise instructions for any input required by a regulatory body, allowing for quick problem resolution without wasting time.
Malta Gaming License Requirements
The application process for a Malta Gaming License is a structured and thorough procedure. It involves several steps, including:
- Fit and Proper Test: Ensuring that the individuals involved in the business are of good character and integrity.
- Financial requirements: Demonstrate financial stability and sufficient funds for operations.
- Technical Standards: Compliance with technical standards and requirements for gaming equipment and systems.
- Player protection measures: Implementation of responsible gaming and player safety measures.
Malta Gaming License Application Process
The application process for a Malta Gaming License is a structured and thorough procedure. It involves several steps, including:
- Preparation: compilation of all required documents, including a business plan, financial projections and regulatory compliance documents, with guidance from our experts.
- Submission: We submit your application, along with the required fees, to the Malta Gaming Authority, ensuring that it is optimized for a quick review.
- Due Diligence: The MGA conducts a thorough review of your business and key staff and, with our help, ensures that everything is in order.
- Review and Approval: If your application meets all requirements, the MGA will review your license with the help of our experienced team and approve it if successful.
- Ongoing Compliance: Obtaining your online gambling license in Malta is just the beginning. In order to maintain your favorable status with the MGA, it’s important that you continuously comply with the regulations and maintain them diligently. In addition, it’s important that you address your business and tax obligations, as well as general accounting and operational requirements. We’ll watch your back and make sure you can focus on the most important aspects of your business.
Malta Gaming License Cost
The cost of obtaining a Malta Gaming License varies depending on the type of license and the scope of your operation. It is important that you plan for the following costs:
- Application fee: a non-refundable fee payable upon submission of your application.
- Annual License Fee: This fee is recurring and varies depending on the type of license and the turnover of the business.
- Compliance Costs: Costs associated with regulatory compliance, including audits and reporting, that we will help you manage efficiently.
At LicenseGentlemen, we support you throughout the application process, ensuring that you not only obtain your Maltese gambling license quickly, but also optimize tax structures and minimize operational risks. Our relationships with the regulatory authorities and our expertise in this field make us the ideal partner for your gambling project.
Contact LicenseGentlemen to Get Your Malta Gambling License
Contact us today to learn more about how we can help you obtain your online gaming license and put your iGaming business on the path to success.
