Curacao and the Netherlands Antilles

Curacao has autonomy within the Kingdom of Netherlands and it works within both local and international regulations, especially those tied to it by Netherlands and EU. Although previously somewhat of a haven questionable gambling companies the country has reined in the illegal activities in this sector and applies strict control measures that ensure compliance with good and fair practices in the field of gambling. This doesn’t mean that the regulations are heavy, or constant, it means that the operators are expected to function within international and market specific laws. In cases where this is not the case, the authorities function swiftly to resolve any issues.

Infrastructure

Part of the requirements for a successful iGaming business is fully functional networking services. Online gambling requires a steady, fast and expandable IT solution that always ensures the quickest possible response to user actions and works reliably with minimal possible downtime. Curacao works both as a hub point and a networking center in this regard. This means that the services can be built in the island, or existing or new networks can be simply connected to secondary servers in Curacao.

The island has fast speed data connections, data centers, skilled workforce and everything else you need to build your company’s network infrastructure locally. This is mainly thanks to the growing popularity of the E-zone that has spurred the growth and requirements for extremely fast, reliable and stress redundant network connection both within and outside the country. For commerce purposes certain actions have to be hosted on servers physically located in Curacao, however it is possible to build a network that only uses secondary servers in the Island. Turnkey solutions offer the best option in either case.

E-zone and taxation

E-zone commerce, short for economic zone, is aimed at companies that trade via internet nationally and internationally, or offer services via the net. The purpose of this are, and the laws connected to it, is to build Curacao into an international distribution, trade and service center. The island of Curacao itself has several designated areas from where these companies can work from, or use as warehousing areas. The idea behind the e-zone is not one of no control and regulation, it simply aims to remove regulations that are aimed towards local trade, and ease them for companies that serve customers from all over the world. The most notable benefit of this is the taxation.

The two main benefits that companies get from this arrangement are not paying any import or VAT duties, and remaining within the 2% tax bracket until the end of 2026. On top of this employees who work for e-zone companies can be granted benefits and enjoy slightly relaxed tax laws as well. The leading idea behind this initiative is to entice the companies into hiring quality and trained staff for their operations, and concentrating on improving the local industry as much as providing setting for world class service, including the online gambling industry.

Single license

Along with all those financial benefits, Curacao license has one extremely important advantage – it covers all gaming services. Unlike other jurisdictions, there is no need to obtain a dedicated license for live casino, sportsbook and poker – one license covers all gaming products.

  • Casino
  • Poker
  • Betting
  • Bingo
  • Lottery

To sum up, Curacao provides a comprehensive and cost–efficient solution along with high-quality infrastructure and connection with the European Union. Altogether it seems to be one of the best offerings on the market.