Fees & Taxation

Fees & Taxation

Administrative and Licence Fees

Fee 
Application Fee for New Licence €2,330* Paid upon application for a remote gaming Licence
Licence Fee €25,000 Per Annum*
Application Fee for Renewal of Licence €1,500 Paid upon application for renewal of Licence
Approval Fee for Transfer or Assignment of Licence €1,500 Per Licence paid upon application for approval
Approval of Share Transfer € 1,500 Per Licensed Company paid upon application for approval

*Upon the end of the transitory period, the licence application fee will increase to €5,000

Licence and Compliance Dues

The Remote Gaming Regulations (S.L. 438.04) have been amended through the publication of Legal Notice 409 of 2017. This Legal Notice brought into force the Gaming Licence Fees Regulations and which has been published in the Government Gazette on 22 December 2017.

 The new fiscal structure has become effective as of 1 January 2018. However, a transitory period is envisaged whereby existing licensees shall continue paying in accordance with the current Remote Gaming Regulations until 30 June 2018. As of 1 July 2018, licensees shall start paying gaming licence fees under the new regulations. A reconciliation shall then take place in order to calculate the difference between what was due for the first six months of 2018 (under the current fiscal regime) and the rest of the year under the new regime. Licensees which would have paid more than what was due will receive tax credits equivalent to the excess amount paid and licensees which would have paid less, shall settle underpayments by 20 October 2018. In respect to Operators licensed on or after 1 January 2018 dues will be determined by the new fiscal structure as transposed in Legal Notice 409 of 2017 immediately upon granting of the license.”

Class 1 – B2C Type 1 Gaming Services           Minimum* €15,000; Maximum €375,000
Compliance Contribution for the Financial Year** Rate
For every euro of the first €3,000,000 1.25%
For every euro of the next €4,500,000 1.00%
For every euro of the next €5,000,000 0.85%
For every euro of the next €7,500,000 0.70%
For every euro of the next €10,000,000 0.55%
For every euro of the remainder 0.40%

 

Class 2 – B2C Type 2 Gaming Services           Minimum* €25,000; Maximum €600,000
Compliance Contribution for the Financial Year** Rate
For every euro of the first €3,000,000 4.00%
For every euro of the next €4,500,000 3.00%
For every euro of the next €5,000,000 2.00%
For every euro of the next €7,500,000 1.00%
For every euro of the next €10,000,000 0.80%
For every euro of the next €10,000,000 0.60%
For every euro of the remainder 0.40%

Class 3 – B2C Type 3 Gaming Services           Minimum* €25,000; Maximum €500,000
Compliance Contribution for the Financial Year** Rate
For every euro of the first €2,000,000 4.00%
For every euro of the next €3,000,000 3.00%
For every euro of the next €5,000,000 2.00%
For every euro of the next €5,000,000 1.00%
For every euro of the next €5,000,000 0.80%
For every euro of the next €10,000,000 0.60%
For every euro of the remainder 0.40%

 

Class 4 – B2B Gaming Services
Annual Licence Fee
Where annual revenue does not exceed €5,000,000 €25,000
Where annual revenue exceeds €5,000,000 but does not exceed €10,000,000 €30,000
Where annual revenue exceeds €10,000,000 €35,000

*   For new licencees, minimum is not applicable for the First Financial Year.
** Compliance contribution during the first 12 months of the operations, shall not be payable for new licencees fulfilling the criteria for start-ups.