Malta is a European state, located on an island in the Mediterranean Sea, known all over the world for learning English and gambling.
General characteristics of the Maltese License
Malta is a European state, located on an island in the Mediterranean Sea, known all over the world for learning English and gambling.
General characteristics of the Maltese License
There are 2 basic categories of gambling licenses in Malta:
Malta is a European state, located on an island in the Mediterranean Sea, known all over the world for learning English and gambling.
General characteristics of the Maltese License
There are 2 basic categories of gambling licenses in Malta:
In all, licenses are issued for four categories of gambling services in Malta – the licenses of 1-4 types, respectively, and namely:
In the context of a jurisdiction for conducting gambling activities Malta falls in-between Curacao and the United Kingdom: the gambling industry is not as deregulated as in Curacao, but the entry threshold is not higher than in the United Kingdom
Advantages of the Maltese License
How to obtain the Maltese License
To obtain the Maltese License, you need to register a company in Malta and apply to MGA. Malta conducts a fairly serious check before issuing a gambling license – they check documentation, business processes related to gaming, rules, policies, technical documentation for gaming and control system, etc. In addition, there are clear requirements for the authorized capital of a company:
When submitting an application, the registration fee of EUR 2.300 must be paid. Based on the experience of VigoLex team, the whole process of registration and obtaining a license takes about 6-7 months. The Maltese License is issued for the period of 5 years.
In Malta you must pay the annual license fee and the license compliance fee. The license fee ranges from EUR 10.000 to EUR 25.000. The Malta license compliance fee depends on its category:
Obtaining new iGaming license sometimes can be tricky and difficult procedure. We were lucky to pass the application of MGA (Malta) license with VigoLex consultancy. Thanks to their high standards we obtained the license just in a few months.
Denis Lukovkin - CMO InnovaventisThe progressive interest rate based on the gambling income level applies to the Malta license compliance fee.
The tax load in Malta is quite serious. The corporate income tax rate in Malta is 35%, but for non-residents in some cases it is possible to reduce taxes up to 5%. In addition, the gambling business is required to pay the additional fee of 5% of its incomes.