As you may know, it’s impossible to open an online casino without a license. All software developers require the casino to hold a license issued by any jurisdiction. Likewise, players will join your casino only if they are confident in its credibility. So if you’re seeking to apply for a license, one of the most popular countries to choose is Panama.
Panama can be called the classic offshore jurisdiction where non-residents are offered powerful tax incentives. On its territory, registration of various offshore structures such as online casinos is easy and quick.
When choosing a jurisdiction for your online casino, be sure to consider getting a Panama license for gaming as it delivers substantial benefits:
- zero income tax for non-residents
- a whole number of laws guaranteeing a high level of confidentiality and financial security
- licensing fee and payments are significantly smaller than in European countries
- no need to keep track of your financial and accounting documentation