Tobique License:
Pay 0% Corporate Taxes with Tobique’s iGaming License

Pay 0% Corporate Taxes with Tobique’s Cost-Effective iGaming License

Obtaining a gaming license can be a complex and costly process, fortunately, the Tobique gaming license offers a straightforward and affordable solution to help you start your online casino on the right foot. At Fabulous BV our license expert team helps you navigate this process with ease, providing expert assistance at every step.

Why Work with Our License Experts?

Fabulous BV specializes in helping businesses acquire iGaming licenses. With our expertise, you can expect a smooth and efficient application process, personalized guidance, and support to meet all legal and regulatory requirements.

What Makes a Tobique Gambling License A Perfect Solution?

The Tobique Gaming License, issued by the Tobique First Nation in New Brunswick, Canada, is a new and exciting option by the Tobique gaming commission. It covers all online gaming and gambling forms, from casinos to lotteries, without corporate or income taxes. With low operational costs and few restrictions, it is an ideal option for new and small operators. The license offers flexibility in the types of games and services you can provide and allows quicker entry into the market.

No Corporate Taxes:

Tobique offers a tax-free environment for gaming operators, meaning you will not have to pay corporate or income taxes on your earnings. This can significantly boost your profits.

Low Costs:

The costs for obtaining a Tobique e-Gambling License are lower compared to many other jurisdictions, making it a budget-friendly option for startups and smaller operators.

Comprehensive Coverage:

The Tobique e-Gambling License covers all types of online gaming and gambling activities, allowing you to offer a wide range of services under one license.

Quick Process:

The application process for a Tobique license is straightforward and faster than many other licensing options, enabling you to start your gaming operations quickly.

Licensing Options

B2C Remote Gaming License in Tobique:

This license is essential for online gaming companies that offer games directly to individual players. It covers various forms of online gaming, including slots, table games, and other interactive gambling activities. Your business gains the legal authority to operate and provide gaming services to players through digital platforms, ensuring compliance with regulatory standards and consumer protection laws.

B2B Casino or Sports Betting Software License:

This license is designed for companies that develop and supply software for online casinos or sports betting platforms to other businesses. It allows software providers to legally create, distribute, and manage gaming software and betting solutions. This license ensures that your software meets regulatory requirements and is suitable for integration into online gaming platforms operated by other companies.

B2B Approved Vendor Status for Services:

This status is for businesses that offer specialized services to gaming operators, such as payment processing, fraud prevention, or marketing solutions, with approved vendor status, your business gains recognition and credibility within the gaming industry as a trusted provider of essential services. This status ensures that your services meet industry standards and regulatory requirements, fostering trust and reliability among gaming operators.

Timeline:

The timeline for getting your Tobique gaming license and setting up your company is relatively short. It typically takes 6 to 8 weeks to complete everything, depending on how quickly you provide all necessary information.

Benefits of Company Incorporation in Costa Rica

No Initial Capital Requirements:

In Costa Rica, you do not need a lot of money to start your company, also there is no need for an initial authorized share capital, making it easier for new businesses to get started.

Foreign Ownership:

Non-residents can own 100% of a company in Costa Rica. This means you don’t need a local partner, giving you full control over your business.

Flexible Director Requirements:

There are no strict rules about who can be a director of your company. This flexibility makes it easier to choose who you want to run your business.

Quick and Affordable Setup:

The process to set up a company in Costa Rica is fast and doesn’t cost much. This is great for entrepreneurs who want to start their business quickly without spending a lot.

Ideal for Crypto Businesses:

Costa Rica is good for crypto businesses because the law allows for wages above the minimum to be paid in virtual currencies, while the minimum must be in fiat currency.

Cost for Company Incorporation

The total cost for incorporating a company in Curacao generally ranges between 9,000 USD to 10,000 USD. This includes various fees related to company formation, corporate documents, and initial setup.

Requirements for Company Incorporation in Costa Rica

License Requirements:

Legal Representative or Agent: Your company needs a legal representative or a local registration agent. This person helps handle legal matters.
Minimum of Two Shareholders: At least two people must own shares in the company. These shareholders can be individuals or other companies.
Local Office: Your company must have a local office in Costa Rica, which serves as its registered address.
Appoint a Legal Representative: This representative must be a Costa Rican citizen or a foreigner with a valid visa. If the representative is not a resident, the company needs a resident agent who is a Costa Rican lawyer, this is important to receive legal and administrative notifications.

Required Documents:

Notarized Articles of Incorporation
Notarized powers of attorney for company registration
Notarized copies of passports for shareholders and directors
Residence certificates from Costa Rican Immigration if founders are foreigners
Proof of office address, bank reference letter, and source of funds
Health permit from the Ministry of Health in Costa Rica
Workers insurance policy and CVs of shareholders

Documents Required for Tobique Company Incorporation

You will need to gather several documents to apply for the gambling license in tobique.

Notarized Articles of Incorporation: Legal proof your company is incorporated.
Notarized Powers of Attorney: Authorization documents allowing others to act on your behalf.
Notarized Photocopies of Passports: Verified copies of passports for shareholders and directors.
Certificates of Authorized Residence: Proof of where the directors live.
Proof of Office Address: Documentation showing the location of your office.
Bank Reference Letter: A letter from your bank confirming your account details.
Source of Funds: Evidence of where your money is coming from.
Health Permit: Certification of health compliance.
Workers Insurance Policy: Proof of insurance for employees.
CV of Shareholders: Resumes or CVs of all company shareholders.

Application Process for Establishing a Company

Establishing a company involves several key steps to get everything ready for business operations.

Check and Reserve Company Name: Ensure your company name complies with regulations and reserve it.
Prepare Required Documentation: Gather all necessary documents, like incorporation papers and ID copies.
Open a Trading Account: Set up a business account with a foreign bank for transactions.
Due Diligence Checks: Complete background checks on all involved individuals.
Pay Company Formation Fees: Pay the fees associated with setting up your company.
Submit Application: Apply to the Costa Rican Registry of Legal Entities with all documentation.

Company Incorporation Costs

The total cost for incorporating a company in Costa Rica generally ranges between 4,000 USD to 5,000 USD. This includes various fees related to company formation, corporate documents, English Translation and annual maintenance fee.

Tobique Gaming License Requirements

To get your gaming license, you need to provide specific documents and information.

Proof of Incorporation/Registration: Show legal proof your company is registered.
List of Directors and Authorized Signatories: Provide a list of people who can sign documents for the company.
Proof of Ownership: Document showing who owns the company.
UBO Information: Details about the Ultimate Beneficial Owners.
Various Policies and Procedures: Include policies for things like security and fairness.
Business Plan: A detailed plan outlining your business operations.
Technical Compliance Form: Show your systems meet technical standards.
Proof of Domain Registration: Evidence that you own the website domain.
Diagram of Services to be licensed: A visual layout of services you will offer.
Confirmation of Other Licenses Held: Proof of any other gaming licenses your company holds.

Tobique Gaming License Cost

The Tobique gaming license generally ranges between 30,000 USD to 40,000 USD. The fees include pre-application fees, application assistance fees, and annual gaming license fees, which involve two domain URLs.

Ready to Boost Your iGaming Business with Tobique License?

We are always here to help with our:

Expert Guidance
Time Saving solution
Compliance Assurance
Efficient Processing

Let Fabulous BV help you acquire your Tobique license, we are here to make the process easy and straightforward for you. Our team will guide you every step of the way, ensuring you meet all requirements smoothly and efficiently. Contact us today to get started.

Tobique License: Pay 0% Corporate Taxes with Tobique’s iGaming License