The Tobique gaming license has emerged as a standout solution for entrepreneurs and businesses in the iGaming industry. Renowned for its affordability, global applicability, and streamlined licensing process, this license is a compelling choice for startups and established operators alike. At GBO Corporate Services, we specialize in helping you navigate every step of the process, ensuring a seamless and successful journey to securing your license.
Why Choose the Tobique Gaming License?
- Global Versatility: The Tobique gaming license is internationally recognized, allowing operators to serve a diverse, global market. This makes it a powerful tool for businesses aiming to expand their reach.
- Tax-Friendly Environment: One of the most significant advantages of the Tobique license is its zero corporate and income tax structure, enabling operators to maximize profitability.
- Affordable and Accessible: The cost of acquiring and maintaining the Tobique license is competitive, making it a practical option for both startups and established companies.
- Comprehensive Coverage: The Tobique license supports a wide range of gaming activities, including online casinos, sports betting, lotteries, bingo, and table games.
- Efficient Licensing Process: With an expedited application process, new businesses can be set up within 10 business days, and licenses issued in as little as 3-4 weeks.
- Regulatory Stability: Backed by a newly created, independent regulatory body in Canada, the Tobique jurisdiction ensures a reliable and high-quality operational framework.
Contact For a Tobique Gaming License
Tobique Gaming License Costs and Fees
Company Formation and Maintenance Costs
- Incorporation of Holding Company for the License: EUR 1,700
- Annual Maintenance Fees: Includes registered office, resident agent, and registered address – EUR 4,600
Gaming License Application Fees
- Application Fee: EUR 2,500
- Pre-Application Fee: Deductible against full application fee – EUR 15,500
- Application Assistance Fee: EUR 18,000
- Annual Gaming License Fee: Includes up to two URLs – EUR 36,000
Optional Services
- Nominee Shareholder Services: EUR 4,000
- Nominee Director Services: EUR 6,000
- Power of Attorney: EUR 500
Note: All prices are subject to VAT if applicable. A standard corporate structure includes up to four shareholders and directors; fees for more complex structures can be discussed separately.
Steps to Obtain a Tobique Gaming License
- Corporate Formation: Establish your business entity in Tobique or align it with the jurisdiction’s requirements.
- Document Submission: Provide all necessary documentation, including proof of incorporation, lists of directors and shareholders, and Know Your Customer (KYC) details.
- Compliance Review: Undergo thorough checks for financial stability, technical compliance, and adherence to anti-money laundering (AML) standards.
- Application Processing: Submit your application and await approval. With GBO’s expertise, this step is smooth and efficient.
- License Issuance: Once approved, your Tobique gaming license will enable you to operate legally and competitively in the iGaming market.
Key Requirements for Licensing
- Proof of Incorporation/Registration: Latest corporate documents such as a certificate of incorporation.
- Director and UBO KYC: Certified proof of identity and address for directors and ultimate beneficial owners.
- Compliance Documentation: A detailed business plan, financial crime policy, and disaster recovery plan.
- Technical Compliance: Diagrams of software and technical infrastructure to ensure readiness.
Comprehensive Documentary Requirements
To ensure smooth processing, the following documents are required for a Tobique gaming license application:
- Corporate Documents:
- Proof of Incorporation or Registration (e.g., Certificate of Incorporation, Articles of Association).
- Certified List of Directors or documentation from the relevant business registry.
- KYC for Directors and UBOs:
- Proof of Identity: Passport, driver’s license, or national ID.
- Proof of Address: Utility bill or mortgage statement (dated within the last year).
- Proof of Ownership:
- A certified structure chart or capitalization table showing all layers of ownership and identifying all Ultimate Beneficial Owners (UBOs).
- Compliance Policies:
- Financial Crime Policy, including AML/CFT, KYC, and Anti-Bribery measures.
- Responsible Gambling Policy.
- Payment of Winnings Policy.
- Disaster Recovery Plan.
- Player Privacy Policy.
- Technical Requirements:
- Completion of a Technical Compliance Form (accessible via the portal).
- Detailed diagrams of software and operational frameworks.
- Domain ownership evidence or proof of registration.
- Additional Documentation:
- Confirmation of licenses held in other jurisdictions (if applicable).
- List of third-party suppliers with relevant agreements.
- Business plan outlining operational strategy and financial projections.
Certification Requirements:
- Documents must be certified by a registered lawyer, accountant, or notary public.
- Certification must include the certifier’s full name, date, stamp (if applicable), and registration number (for lawyers/accountants).
How GBO Simplifies the Process
At GBO Corporate Services, we manage the entire licensing process, including:
- Legal navigation and document preparation.
- Assistance with KYC requirements.
- Financial arrangements for tax optimization.
- Post-license support for compliance and renewals.
With our industry expertise, we streamline each step, ensuring you can focus on growing your business.
Why Tobique?
The Tobique First Nation offers a unique blend of advantages for iGaming operators:
- Proven Framework: Modeled after the Curaçao license, Tobique provides a familiar yet innovative alternative.
- Flexible Operations: Operate various types of gambling activities with minimal restrictions.
- Broad Acceptance: Trusted by banks, payment processors, and gaming businesses across Europe and beyond.
- Cultural and Economic Stability: The Tobique jurisdiction’s political stability and commitment to economic growth ensure a secure environment for operators.
FAQ: Frequently Asked Questions
1. How long does it take to get a Tobique gaming license?
With GBO’s guidance, the process typically takes 3-4 weeks after corporate formation.
2. What activities can I operate with this license?
The license covers online casinos, sports betting, lotteries, bingo, table games, and more.
3. What makes Tobique a better choice than other jurisdictions?
Its tax-friendly structure, cost-effectiveness, and efficient processes make it a competitive alternative to Curaçao and other jurisdictions.
Get Started with GBO Today
Ready to take your iGaming business to the next level? Contact GBO Corporate Services today to learn how we can assist you in obtaining a Tobique gaming license. Our experts are here to simplify the process, providing you with the tools and support you need to succeed in the dynamic world of online gaming.
