Gaming
Tax
Gaming tax in Malta which varies
depending on the type of license held as
follows:
Class One: €4,600 per month
for the first six months; thereafter a monthly
flat rate tax of €7000;
Class Two: fixed odd betting:
0.5% on the gross amount of stakes accepted;
on betting exchanges (where the exchange
is involved in the risk): 0.5% on the sum
of all net winnings calculated per player
per betting market; pool betting: 0.5% on
the aggregate of stakes paid;
Class Three: 5% on net income.
The net income is defined as revenue from
rake less bonus, commissions and payment
processing fees (e-commerce fees);
Class One on a class Four: the
gaming tax payable by the casino operator
is €1,200 per month. The gaming tax
payable by the host platform is zero TAX
for the first six months of operation, €2,300
per month for the subsequent six months
and €4,600 per month thereafter for
the duration of the licence.
Tax Cap for Gaming license holders
in Malta
There is a tax capping mechanism which limits
the gaming tax payable annually by any one
licensee to a maximum of €466,000.In
the case of class one under class four situation,
the tax cap of €466,000 is applicable
to the total tax payable by ALL licensees..
What distinguishes the Maltese license process
from that of some other 'less rigorous'
jurisdictions is the serious application
process which is applied.
Prior to the attainment of certification,
the Lotteries & Gaming Authority (LGA)
applies a 3-stage process in order to audit
the business operation, the key personnel
and the control & gaming systems.
Step 1- Fit & Proper Test and Gaming
Business Adequacy
Step 2- Business and Technical Ability Assessment
for gaming
Step 3 - Compliance Audit
Contact us for more information as well
as for a quote. We will happily guide you
through the gaming License application process
and also advise you on the solutions that
would best suite your needs!. info@CompanyinMalta.com.
Or call +356 2010 3020
The content on this website is for information purposes only and should not be taken as tax, legal or any other professional advice.
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