The island nation Malta in the heart of the Mediterranean is a famous remote gaming jurisdiction, and so far the regulatory body (Lotteries and Gambling Authority) has issued over 300 gambling licences. But what makes this licence so popular? In this article, I would like to highlight some of the benefits of operating a remote gaming website with a Maltese licence.
The taxation
The gaming taxes in Malta depends on the type of remote gaming licence and what games are offered. For example, taxes on betting activity are 0.5% on the gross amount of accepted bets and 0.5% on cumulative stakes paid (pool betting). The total amount of tax is also capped at €460,000. In depth information about the taxes can be found in the Fourth Schedule of the Remote Gaming Regulations.
The favourable gaming tax is not the only interesting taxation structure Malta has to offer. The operators can also make use of optimised tax structures for their company and benefit from a lower corporate tax if the company fulfils certain criteria. With the correct company structure it is possible to lower the effective corporate tax to 5%.
A good reputation with players
The Malta gaming licence has become increasingly popular with players from all over the world. One reason for players to chose gaming operators with a Maltese licence is the advanced player protection and stringent control mechanisms applied by the regulatory authority. There are very few rogue casinos operating with a Maltese licence, and if the operator is found to not adhere to the regulations the licence is revoked immediately. This gives players the confidence and security they need to feel comfortable with money betting on the Internet.
If you are interested in obtaining a Maltese remote gaming licence you are welcome to contact the office of Dr. Werner & Partner for a personal consultation. We have extensive experience with the application and everything related to the process.
