Licence for online casinos in Ukraine

Licenses for online casinos are now available in Ukraine

More recently, the state decided to regulate the activities of the gambling business in Ukraine and bring it out of the shadows. For this, the only correct decision was made – fully legalize it, which allows the state to legislatively control the integrity of business and receive income to the treasury. The same applies to the gaming industry on the Internet; now licenses from online casinos are required to carry out such activities.

Why do you need an online casino license?

Thanks to the adoption of laws on the legalization of gambling, there is no need to register your business in the jurisdictions of other countries and Ukrainian companies involved in the gambling business can now return to their homeland and develop their business here, bringing income to their state.

Gambling licensing makes business legal and transparent, which allows companies to operate calmly and confidently. This is also a huge plus for players, since they can be confident in the security of their funds, the software that is provided to them, as well as the strict confidentiality of personal data provided for processing to participate in games.

Operating online casinos without a license is punishable by law and is fraught with financial sanctions in the form of huge fines.

The Crystal Tax company will help you easily understand all the features of the new legislation, as well as obtain licenses for online casinos quickly and without any hassle for clients.

Who can buy an online casino license?

According to the law, only a legal entity can be the organizer of gambling – resident of Ukraine. This norm allows local companies to develop and compete with each other.

Also, a business entity must have an authorized capital of no less than UAH 30 million. This capital cannot be formed from budget funds.

In addition, you need to open a bank account and make a deposit in the amount of UAH 34 million.

A license for an online casino is required for those entities whose activities involve:

• place bets;
• availability of winnings;
• prizes, including money.

The license applicant must fully comply with all legal requirements.

How much does a license for an online casino cost?

The law also stipulates how much a license for an online casino costs. Its price depends on the size of the minimum wage established by the state. It amounts to 6,500 minimum wages.

A permit for gambling activities is issued for a period of 5 years, which makes it possible to fully recoup all costs of starting a business and make a profit.

Seek advice from experienced specialists of our company, and you will be able to receive professional recommendations, as well as develop an action strategy based on the characteristics of your business.

How to obtain a license for an online casino?

The licensing procedure includes several stages:

• familiarization with licensing terms;
• preparation of necessary documentation;
• submitting an application and documents to the relevant authorities;
• consideration of the application;
• payment of license.

In case of refusal, there is the possibility of appealing the decision.

To avoid being refused, contact the professional lawyers of Crystal Tax, who provide a wide range of services:

• legal advice;
• preparing a documentation package;
• submitting an application to the licensing authority;
• representation of interests;
• apostille of documents.

If you need a license for an online casino, become a client of our company right now. We will take care of all the problems and concerns regarding licensing your gaming business. We will develop a strategy for quickly and guaranteed obtaining permission to operate individually for each client.