Internet gaming & wagering business in Dominica

Dominica offers internet casino and sports-books licenses. All Internet gaming & wagering business in Dominica operate under the terms of an agreement drawn up between the gaming company and the government of Dominica. The gaming & wagering business is strictly offshore and any agreement will be specifically strong on this issue.

The International Business Unit of the Ministry of Finance, Industry and Planning is the governmental administrative body responsible for the development and the overseeing of this sub-sector.  

Advantages of an Internet gaming license from Dominica 

Any company licensed to operate on-line gaming business in Dominica automatically avails itself to many advantages.

The tele-communications system here is one of the world's most advanced system allowing for immediate and easy communication with the rest of the world and providing service through fibre-optic and satellite facilities on most modern switches and carriers.

Also available in Dominica is a large, young and trainable work force where companies must import technical and managerial personnel. Work permits for those persons would be available through the normal procedure.

Offshore businesses domiciled in Dominica do enjoy generous fiscal incentives and certain tax exemptions. Customs duty concessions are given for imports needed to carry on Internet gaming. Immunity is granted to on-line gaming companies from income tax with holding tax, sales tax and other taxes. Offshore companies, such as on-line gaming companies are not subject to foreign exchange control.

Any company licensed to operate Internet gaming & wagering business in Dominica, automatically avails itself to many advantages.

Procedure of licensing and terms 

• All gaming companies must register under the International Business Company Act of Dominica.
• The Government of Dominica authorizes legitimate licenses for this type of business and assesses payment of a fixed tax. If you will decide to couple the organization of your business together with the application for the citizenship of Dominica or Grenada, you will create for yourself a stable source of offshore income. In this case in order to facilitate the process of the application for the license, it is recommended to start with the application for the citizenship of Dominica or Grenada.
• The process of the application for the license usually takes from one to two months after you have provided all required documents. The documents are practically the same as the ones you have to provide for the application for the citizenship.

Application requirements

• To register Internet Casino, Internet Lottery or Internet Sport Books only through a Registered Agent of the Government (we are providing these services)
• To have registered agent representation during the whole term of work of the enterprise (we providing these services)
• To present a five-year business plan of work for Government approval (we can help you with this)
• To pay a licensing fee and an extra amount for each next if you want to apply for the extra licenses for the Internet Casino, Internet Lottery or Sport Books

Options for paying taxes

• 5% of gross revenue derived from the Concession or US$50,000 whichever of two is greater (US$ 75,000 in a year, Tax payments are to be paid in halves every six month after the license is granted)
• To incorporate an International Business Company, with paid up capital of no less then US$ 500,000, for US$ 100,000 of which has to purchase Government Bonds for the duration of operations of the Internet Gaming business
• To pay licensing fee before the 15th of January annually
• To make a donation of at least US$ 5,000, annually
• To sign the contract for the license along with the Minister of Finance personally
• To install the server for the Internet Gaming Enterprise within the territory of Dominica
• To provide audited statements to the Government annually

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