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How to obtain an online casino license.
An online casino license is a permissive document that must be obtained to open an online casino in Ukraine.
In the 2020 year, the Verkhovna Rada of Ukraine legalized the gambling business in Ukraine. By August 2021, 7 companies have already paid for licenses for online casinos.
According to the Law, the following types of gambling activities are subject to licensing:
Offline and online casinos and legally operating lotteries, slot machines, bookmaker companies, online poker, and bookmaking.
The process of obtaining a license is quite complicated and the business does not deal with it on its own. It is better to turn to professionals who will provide you with a turnkey online casino with a license.
Kapustin & Partners Law Firm is a highly qualified lawyer and lawyer who help businesses to obtain licenses to carry out business activities that require a mandatory license.
Contact us and the casino license will be yours.
What does an online casino license give to businesses?
The main goal of obtaining a license for an online casino is the legalization of economic activities in the field of gambling. Its maintenance without obtaining a license would be a violation of the legislation for which criminal liability is provided.
Who can obtain a license for an online casino?
Ukrainian legislation establishes certain requirements for companies who want to engage in gambling.
- You need to have a statutory fund of UAH 30,000,000.
- You need to have a bank deposit of UAH 34 million.
- The online casino organizer certifies the online platform.
- The company must be registered in Ukraine.
- There must be an impeccable reputation of all executives of the company.
- Get .ua domain.
Casino license (online casino). What documents to prepare?
- Application for a license for an online casino.
- Copies of statutory documents (certified by a notary).
- Auditor’s document confirming the amount of the authorized capital of the company.
- Documents, which confirm the sources of origin of funds for the formation of the statutory. capital of the company.
- Certificate of no previous convictions for managers, owners of the company, beneficiaries and also for the company’s accountant.
- Document confirming ownership of the domain.
Please note that an additional list of documents may be established for each type of gambling license
The cost of a casino license in Ukraine
Obtaining a license for an online casino will cost 39 million hryvnias.
This amount is provided for in Law 768-IX adopted on July 14, 2020.
The license is issued for 5 years.
This is the price of the license itself, excluding the cost of services of lawyers for drawing up an application and preparing the necessary documents.
Obtaining a domain. Registration of TM.
One of the main requirements that an online casino organizer must meet is the presence of a site with the domain “.ua”, for the creation of which a trademark is required.
Therefore, to submit information to the licensing authority about your web resource, which will host an online casino, poker or betting platform, in the future, it is necessary to register a trademark.
Why it is better to choose us?
Kapustin & Partners Law Firm is a team of experienced professionals who will make you a turnkey online casino with a license.
We are ready to help you get a license for an online casino!
Contact the professionals +38 066 062 00 69.