Eternity Law International — News — Obtaining a gambling license in Belgium

Obtaining a gambling license in Belgium

Published:
January 29, 2020

The ban on gambling on the territory of the CIS countries forced to look for options for operating online casino activities outside the CIS countries. Belgium became one of the most attractive countries in the gaming industry. In order to operate a casino you need  registration of a legal entity and also a license.

A newcomer or regular customer always pays attention to which country regulates the activities of the company that takes their funds. Well-established online casino licensing countries increase the importance of the virtual establishment. They strengthen the security / confidentiality guarantees of the service provided.

The process of obtaining a license for a casino is associated with time-consuming preparation and preparation of documentation. Employees of Eternity Law International will advise and provide legal supporting documents for high-quality registration of a gambling license.

The Belgian state registers and issues licenses with the rigor and pedantry in relation to its laws.

The Gaming Commission alone issues licenses for this type of commerce, cooperates with the authorities and is an independent body. The Gaming Commission controls this type of activity and deals with cases of illegal gambling. This simplifies the extradition procedure as only one authority decides all issues.

Game license principles

In 1999, the Belgian government passed a law in order to legalize the conduct and organization of gambling. The jurisdiction is allowed to visit gambling establishments and play in casinos only with the onset of the 21st year. Registration, indicating passport data or identification number are required for online casino visitors.

If the casino itself violates the law, this may lead to the opening of a criminal case or entail a fine of up to 100 thousand euros. When a player plays on a site from blacklisted states, he can pay a fine of up to 25 thousand euros.

Government officials are prohibited from engaging in gambling business. It is imperative that a license renewal is required upon its expiration.  There is an automatic exclusion from the lists of persons entitled to conduct a gambling business. It is prohibited to advertise any gambling entertainment on television until 20.00.

Permits issued for gambling

The official site indicates the classification of licenses, the “+” sign means an online casino license. The main types of legalization of gambling entertainment:

  • G1 – G2 for broadcasting gambling on television and telephone;
  • F1 – F2 – F + must be on racetracks where horse races are held and there are sweepstakes, F + legalizes online sweepstakes;
  • E are owned by manufacturers and creators of software for gambling halls;
  • D is required for service personnel in gambling houses;
  • C is needed for bars with slot machines;
  • B – B + a license for casinos in which slot machines are located can be obtained by those casinos that already have a license;
  • A – A + is required for all real casinos in the lands of the kingdom.

Permission for online casinos is not given separately, only as an appendage to the host. The number of allowed online licenses is due to casino A + nine licenses, 180 – B +, 34 licenses for F +.

The law provides for special licensing rules for the following categories:

  • holding a lottery;
  • production of gaming software;
  • equipment of playing machines and tables;
  • racetrack bets;
  • water sports betting;
  • bookmaker activity;
  • bingo;
  • casino;
  • slot machines.

Required documentation

Documents without which the Commission will not issue a license:

  • identity documents of all founders;
  • tax returns corresponding to the last three periods (copies are sufficient);
  • a ship’s statement confirming the absence of a criminal record no more than 3 months;
  • the act of maintaining political and civil rights.

The annual fee is 250 thousand euros per year, the casino is taxed at 11%. The processing time takes up to two months. The main casino license is issued for up to 15 years. Eternity Law International will help you select and legalize all the documents required to open a casino.

You could be interested

What is the FCA?

The Financial Conduct Authority (FCA) is a monetary administrative body in the United Kingdom, however it works freely of the UK Government, and is financed by charging expenses to individuals from the monetary administrations industry. The FCA manages monetary firms offering types of assistance to buyers and keeps up the uprightness of the monetary business...

The best electronic wallet

The best electronic wallet is quite a debatable issue in 2020. There are plenty of various options available on Internet sites, but there are not so many services worthy of attention in terms of total conditions. The issue of election can be solved as follows: Finding an e-wallet by trial, but it is fraught with...

White Label gaming solution

What is White Label in the world of gaming A White Label item is an innovation that a specialist makes for distributing it, that is, for sale to other companies or for leasing. Different firms rename this item and, thusly, sell it as their own solution. This is a great deal for both parties. Supplier...

Company registration in Czech Republic

The Czech Republic offers quite comfortable conditions for entrepreneurs planning to create a solid and profitable commercial structure. The basis for this was a stable economic ground and a loyal fiscal field. An important factor is the support from government bodies and their reasonable control. Opportunities for entrepreneurs who registered a company in the Czech...

Company registration in New Zealand

New Zealand is an offshore zone with significant business opportunities and prospects. The jurisdiction provides many forms for incorporation of companies. Jurisdiction The creation of a new company in New Zealand is governed by applicable law, namely The Companies Act. The size of the initial capital is determined by the founders themselves. It is enough...

Asset Management Companies in Hong Kong

Hong Kong stands in one line together with such cities as London, Singapore and well-known as one of the well-known financial center of the world. Its location is a middle between West and East, which gives to Hong Kong obvious advantage as an international market. However, despite that Hong Kong is one of the international...

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.

Ready-made companies for sale

Companies with a bank account around the world

Banks for sale

Established Banks for sale

Ready-made licenses for sale

Forex, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Licensing

Forex licenses, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Offshore company registration

Expert advice on the acquisition of an offshore company

Open a bank account

Open bank accounts in more than 120 banks around the world
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof
+41 435 50 73 23

Kyiv

Baseina street, 7
+38 094 712 03 54

London

Grosvenor Gardens, 52
+44 203 868 34 37

Washington

1629 K St. Suite 300 N.W.
+1 (888) 647 05 40 Toll Free

Vilnius

Gediminas Avenue, 44A
+370 52 11 14 32

Tallinn

Kesklinna linnaosa, Tuukri 19
+372 880 41 85

Edinburgh

Lochrin Square, 1
+44 203 868 34 37

Nicosia

Jacovides Tower, 5 floor
+371 665 550 51

Riga

Esplanade, 7 floor
+371 665 550 51

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai
800938622 Toll Free

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard
+6531594300

Sydney

20 Martin Place
+61 2 888 00 365

Porto

2609 Avenida da Boavista
+351 800 500 206 Toll Free

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7
+995706070360