Online casino licensed in Great Britain (United Kingdom)

The choice of a suitable jurisdiction for hosting an online gambling business is sometimes based not only on obvious criteria (simplicity of procedure and low license fees), but also on other significant factors.

In the case of Great Britain, such a factor is the possibility of attracting a large number of solvent players from the wealthiest countries in the world (England, USA, European Union). The UK, today, holds the palm in the international online casino licenses market in terms of the total volume of the virtual market in monetary terms. This is due to the fact that the British are an extremely gambling nation. Read more

Interesting Fact! According to recent polls, more than 70 percent of the UK population participates in online games.

Given the relatively high importance of online gambling in the country's economy, at the end of 2014 the UK government passed a law to determine the taxation of online game operators at the place of residence of players. Thus, the state managed to reduce tax losses from the outflow of money to offshore gaming jurisdictions.

Since the adoption of this law, all gambling business owners wishing to advertise or provide services in the field of virtual gambling are required to apply country taxes.

The UK licensing authority is The Gambling Commission, which issues and revokes licenses, as well as checks the activities of the gaming industry for illegal transactions.

Advantages of obtaining a license in the UK:

  1. World center of the gaming industry, top license status;
  2. Great attention is paid to protecting the rights of players, which leads to a high level of trust in online casinos; | || 316
  3. Содействие со стороны государственных органов;
  4. Official permission of the online gaming industry, "white" license;
  5. Many players for whom other online casino jurisdictions are not available; | || 322
  6. Достаточно низкие налоговые ставки;
  7. Exemption from many licensing costs and commissions.

Forms of incorporation of a company:

To obtain a license in the UK, a gambling business owner needs to register a local legal entity O. In this country, the most popular form of company organization is a limited liability company (LLC). This form allows you to avoid the subsidiary liability of the founders for the company's debts.

A feature of local legislation is the presence of many agreements on the avoidance of double taxation (including with Russia), which allows the application of reduced rates of taxes on income, dividends, royalties and so on.

Interest rates: license fees

Licensing rates in the UK depend on the gross income of the owner of such a business and on the type of activity. Of course, the fees for large market players are quite high and can reach almost 200 thousand dollars a year, however, for new online casinos there is a 25% discount in the first year of operation.

To calculate the amount of the UK license fee for the type of activity you are interested in, you can use a special calculator on the commission website https://secure.gamblingcommission.gov.uk/. You can also apply online for a gaming license and pay the initial application processing fee. In addition to the license fee, UK law provides for a 15% tax on gaming bets.

Corporate tax

UK corporate tax is 19%.

Government actively takes measures to reduce tax rates annually. Although for a European country, such a corporate tax is already considered quite low. It is an analogue of the Russian income tax; accordingly, the amount payable can be reduced by the cost of the costs incurred. A license for an online gambling business is issued in the UK according to a simple scheme and is valid for 12 months, which attracts investors from all over the world.

Minimum Share Capital

The minimum share capital of any UK entity is £ 50,000. This amount is the minimum for the registration procedure and is not directly related to obtaining a license for an online casino.

It should be noted that UK legislation does not provide for the mandatory formation of the authorized capital prior to the registration procedure in case of opening a limited liability company. | || 353

Защита персональных данных игроков

When conducting gambling business in the UK, all software must be certified and have special cryptographic protection installed.

All The software of the game project must exercise control over the collection and transmission of information about users. At the same time, the transfer of personal data without the consent of the player or without the implementation of appropriate measures to protect information is strictly prohibited

Other requirements for obtaining a license:

  • Regular provision of reports and other information on compliance with the terms of the license; || | 364
  • Постоянный аудит деятельности компании;
  • Providing information about all owners or shareholders;
  • Availability of certificates and licenses for software and RNG;
  • On the site online casinos must have a liability warning informing users about the dangers of gambling addiction.

Authorized body contacts (Gambling Commission):

  • Address: UK, Birmingham, B2 4BP, Boulevard Victoria, home of Victoria Boulevard.
  • Contact number: +44 121 230 6666

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