Gaming license on Cyprus
Message us on Telegram or WhatsApp for fast assistance!
Cyprus gambling licenses authorize online casino, sports betting, and fixed-odds gaming operations under the National Betting Authority (NBA) with EU market access, competitive 10% gross gaming revenue tax, and a regulatory framework covering B2C and B2B operations.
Legarithm manages Cyprus gambling license applications, including NBA documentation preparation, Cyprus company formation, regulatory compliance framework development, technical infrastructure certification, payment processing coordination, and ongoing supervisory reporting.
How Legarithm can help you with Cyprus gambling license
Legarithm’s Cyprus legal team provides gambling licensing support, combining local regulatory knowledge with international gaming industry expertise. We handle complete NBA license applications, including business plan preparation, financial projections, AML/CFT compliance manuals, responsible gaming policies, technical systems documentation, and shareholder vetting processes. Our services cover Cyprus company formation with nominee arrangements, registered office provision, corporate secretary services, and banking introductions to Cyprus gaming-friendly institutions.
We coordinate technical certifications for gaming platforms, RNG testing through approved laboratories, server hosting compliance, and payment processing infrastructure meeting regulatory standards. Post-licensing support includes ongoing NBA reporting obligations, annual compliance audits, license renewal coordination, and regulatory liaison for operational amendments ensuring sustainable Cyprus gambling operations.
Cyprus Gaming License: Core Benefits
EU Market Access & Regulatory Recognition
Cyprus gambling licenses provide authorization within EU legal framework with potential for mutual recognition across member states, supporting cross-border operations, payment processing acceptance by European banks, and player trust through EU-regulated status with consumer protection standards.
Competitive Tax Environment
Cyprus applies 10% gross gaming revenue tax rate significantly lower than most EU jurisdictions (UK 21%, France 55%, Italy 25%), combined with 12.5% corporate income tax, extensive double taxation treaty network (65+ countries), and IP Box regime offering 2.5% effective rate for qualifying intangible assets.
Stable Legal Framework & Banking Access
Cyprus offers English common law influenced legal system, political stability as EU member state, sophisticated banking infrastructure familiar with gaming sector requirements, and established professional services ecosystem supporting international gambling operators with legal, accounting, and compliance expertise.
What papers you need to collect to apply for Cyprus gaming license
Corporate Documentation
Cyprus company certificate of incorporation, Memorandum and Articles of Association, shareholder register, director appointments, beneficial ownership declaration (UBO registry compliance), corporate good standing certificate, registered office documentation, board resolutions authorizing license application.
Principals' Information
Government-issued identification (passport copies) for all directors, shareholders holding 5%+ ownership, ultimate beneficial owners, key personnel including compliance officer and money laundering reporting officer, criminal background checks from home jurisdiction, curriculum vitae demonstrating gaming industry experience, personal financial statements, proof of source of funds for capitalization.
Financial Documentation
Audited financial statements for last 3 years if existing business, business plan covering market analysis, revenue projections, customer acquisition strategy, detailed 3-year financial forecasts, proof of minimum capital (bank statements showing €125,000-€350,000 available funds), bank reference letters, accountant certification of capital adequacy, payment processing arrangements documentation.
Technical & Compliance Materials
Gaming platform technical specifications, software provider agreements, RNG certification from approved testing laboratory (eCOGRA, iTech Labs, GLI), server hosting arrangements with Cyprus or EU data center, responsible gaming policy including self-exclusion mechanisms and deposit limits, AML/CFT compliance manual meeting FATF standards, player terms and conditions, privacy policy compliant with GDPR, complaints handling procedures, game rules documentation.
Operational Plans
Marketing and advertising strategy compliant with Cyprus advertising restrictions, customer support structure including Cyprus-based personnel where required, risk management framework, business continuity plan, cybersecurity policies and incident response procedures, player fund segregation procedures, transaction monitoring systems documentation, reporting protocols for suspicious activities.
Regulatory Compliance Attestations
Fit and proper declarations for all principals, declarations of no criminal convictions related to gambling, fraud, or money laundering, attestations regarding compliance with Cyprus tax obligations, confirmation of no pending litigation or regulatory actions, commitments to maintain minimum capital requirements, agreements to annual external audits, consent to NBA inspections and regulatory examinations.
Frequently Asked Questions
Still have questions?
Can I run an online casino in Cyprus?
Not under a Class B license. Cyprus permits online betting, not online casino games of chance or slots, under the NBA framework. Casino gaming is a separate CGC world and not generally open for online licensing.
Are licenses for sale?
No. Licenses are not transferable. Acquiring shares in a licensed company is a change of control and requires regulatory approval. Treat any “license for sale” pitch as a red flag.
Can I accept crypto?
The current framework for Class B allows debit/credit cards and other approved electronic payments. Crypto is not an approved tender for online betting under the NBA rules.
What about self-exclusion?
You must run a self-exclusion program with clear application steps, durations, conditions, and a path to return after the period ends. Make it visible, simple, and enforce it across channels.
Our Global Presence
Our international network ensures localized expertise and global standards of service. Connect with our dedicated teams across key financial and corporate jurisdictions.
UAE, Dubai
Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, United Arab Emirates
Cyprus, Limassol
Franklinou Rousevelt, 170 Limassol Chamber, 3048, Limassol, Cyprus
Estonia, Tallinn
Harju maakond, Tallinn, Kesklinna linnaosa, Tuukri tn 19-315, 10152
Ukraine, Kyiv
Azov Regiment Heroes Street 12, 04212 Kyiv, Ukraine
United States, New York
228 Park Ave S, New York City, New York, 10003, United States
Get in Touch
Leave your inquiry, and our legal team will get back to you as soon as possible. Initial consultation is free of charge and confidential.
Or contact us directly on:
