Costa Rica
In Costa Rica there exists no legislation regulating gambling activity or the regulator performing the function of licensing. Gambling does not require any special license. Data Processing License received in the municipality is enough to entitle you to perform virtually any gambling activity.
Gambling activity is possible on the basis of a sub-license granted by the holder of the Data Processing License. This authorization allows companies to provide only one type of gambling activity.
The experts in our company can assist in company registration in Costa Rica, obtaining a Data Processing License and opening a bank account.
The license is issued for the following activities:
Data Processing License entitles you to organize and carry out all forms of gambling including online casinos, lotteries, card games, roulette, sports totalizers, betting, bingo, etc. Providing these service to residents of Costa Rica is restricted.
Our service package includes the following:
- Registration of company in Costa Rica
- Providing a local registered office
- Forming staff
- Registration of company tax documents
- Opening a bank account
- Opening a merchant account for payments
- Completing and submitting the appropriate form for license
Stages of obtaining a license:
- Registration of legal entity
- Applying for a license
- Opening a bank account
- Opening a merchant account
- Payment of government fees for company registration and filing of application for a license
- Obtaining a license
The sum includes:
- Expenses incurred during company registration
- Applying for gambling license
- Opening a corporate account in a bank
- Opening a merchant account for payments
- Support during the entire license registration procedure
Timeframe for obtaining a license:
The timeframe for obtaining a license after time of application is 5-6 months.
Personnel requirements:
- Minimum one director (the number varies from one to four) who is a private individual is required. The Board of Directors usually consists of a director, shareholder and secretary
- Registered local agent
- Formalized staff is required
- Nominee service is available
The staff is required to be registered in:
- National Insurance Institute - to obtain a health insurance card
- The Social Insurance Fund
Office Requirements:
Local registered office and a rent of premises contract is required for company registration in Costa Rica. The office premises must be inspected by the municipality against the existing activity standards.
For more detailed information and cost clarification, please contact our specialists. We will be happy to answer all your questions!
Ready-made companies with bank accounts
Or you've already got own business and there is a need to expand the scope of activities. To avoid the loss of time and effort to register juridical individuals, you can arrange a ready-made company. You will have a fully prepared company with a package of documents, which is mandatory for conducting a full-fledged activity.
Companies with licenses
Buying a ready-made company is the best option for operational business development in a new industry, as well as the need to expand the scope of the existing organization increase its scale. Acquisition of a company with mandatory permits and license means the ability to enter a new market in a short period of time.
Banks
Acquisition of a ready-made bank allows you to save time, as well as quickly carry out all reissuing operations. On average, the procedure takes about one day. As a result, the client becomes the head of the bank, which already has a client base, as well as status in the market and ready staff. Our company conducts all operations in accordance with existing legislation.
Funds
Investment fund is a modern investment tool designed for all types of assets. The purpose — managing of assets as well as solving number of tasks in a way that works best for individuals. There is no open subscription, meaning that a private investment fund has a closed structure. This is the most optimal solution for distributing capital through broad instruments.
SEMI for sale
When conducting business related to foreign exchange transactions, electronic money and cryptocurrencies, it may be necessary to open a financial company with a SEMI license. This type of license covers the production of debit cards and cryptocurrencies, the acceptance and sending of payments, the execution of transfers from third parties, and the opening of merchant accounts.
Crypto Offshore
When working with cryptocurrency it is important to choose the right country, where it is most profitable to open a company. Each country has a different attitude towards this type of currency. A country that has a loyal or positive attitude towards cryptocurrency can be called a crypto-offshore.