The Netherlands Antilles & Curaçao Gambling Jurisdiction
The Netherlands Antilles are a part of the Lesser Antilles just off the coast of Venezuela to the South-East of the Virgin Islands. They constitute an autonomous part of the Kingdom of the Netherlands, and cover an area of 800 sq km. Willemstad is the capital, and Dutch, English and Papiamento are its official languages. Spanish is not an official language, but is widely used.
Curaçao is the largest Island of the Netherlands Antilles and is known as one of the proven providers of responsible e-gaming services with over a decade of comprehensive experience.
Curaçao used to be a part of the Netherlands Antilles up to October, 10, 2010 when Curaçao gained the status of a constituent country within the Kingdom of the Netherlands.
The first Governor of Curaçao is Frits Goedgedrag, who is accountable to the government of the Kingdom of the Netherlands.
Netherland Antilles & Curaçao Online Gambling Licensing
Being one of the first jurisdictions to regulate online gambling (1993), Curacao has steadily developed into one of the most famous and respectful jurisdictions for online casino operators looking for trustworthy and credible environment for their players.
Online gambling became a central industry for the island of Curacao in 2002 when the regulation of internet gaming was separated from the Curacao Gaming Control Board.
Curaçao offers an attractive environment for International ecommerce activities. As far as on-line gambling is concerned, Curaçao offers only one License type that covers all product operators or software providers. Curaçao jurisdictions license covers skill games, chance games and sports betting.
Moreover, Curaçao provides an attractive environment for global ecommerce activities. Thus, electronic commerce can be conducted on computer hardware located in the government ezone via the internet, offering such benefits as a net corporate income tax rate of only 2%, 0% tax on Gross Bets, no import duties, no sales (turnover) tax. Besides, there’s no VAT in Curaçao jurisdiction as well as restricted dividend withdrawals.
Curaçao offers two formats to be licensed:
a) Master licence;
A master licence licenses the e-gaming company itself, and in addition opens the possibility to sub-license third parties subject to the responsibility and covenants under the master licence.
A sub-licence - under a master licence - offers the same rights to run an e-gaming business legitimately, but without the possibility of further sub-licensing.
As a part of Netherlands Antilles Curaçao used to be subject to Netherlands Antilles legislation, however, it was the only part of the country that could grant interactive gaming licences.
Since Curaçao gained its status of a constituent country, it has become a separate jurisdiction with its own government and legislation. Thus, Curaçao is entitled to grant e-gaming licences with no compliance with the Netherlands Antilles National Ordinance on Offshore Hazard Games legislation.
For more details on obtaining a licence, please visit Curaçao eGaming.