Obtaining a license for binary options on the Isle of Man

Isle of Man

A license issued on the Isle of Man combines all gaming as well as Binary Options.


Gambling licenses on the Isle of Man are subdivided into the two types:

  • Basic (Full License);
  • Sublicense.


The full license allows the company to earn on all available games independently and sell sublicenses to other companies wishing to enter the gambling market in Europe under the name of the existing company.


A sublicense allows to operate legally, but on behalf of another, larger licensed company.

Isle of Man

Isle of Man licenses cover all of the following activities:

  • P2P games (like poker and bingo);
  • Casino games, including slots;
  • Live dealer games;
  • Betting platforms;
  • Financial exchanges;
  • Binary options;
  • Cyber sports betting;
  • Lotteries, including messengers and resellers;
  • Mobile, desktop, and tablet versions.
Isle of Man



The following tax rates apply to financial companies on the Isle of Man:

  • 0% - corporate tax for residents;
  • 0% - on capital gains;
  • 0% - dividends, royalties.


Gaming Tax

The gambling fee on the Isle of Man is calculated based on profits, not turnover. The state fee is paid at either "rates minus winnings" or "retained earnings," depending on the type of the gaming activity.


Gaming fee rates:

Gross Gambling Profits (GGY) (million).

<£20m - 1.5%

> £20m - < £40m - 0.5%

> £40 million - 0.1%

There is no requirement to contribute to the authorized capital of the company on the Isle of Man.


Requirements for the license applicant are the following:

  • Presence of a local office on the Isle of Man;
  • Presence of minimum 2 local directors;
  • Local MLRO.


A licensed company is also expected to meet the following requirements:

  • Preparation and maintenance of all regulatory documentation;
  • Completion of monthly tax returns;
  • Preparation of annual financial statements and audit;
  • Ongoing administration of the company.


Timeframe: 3-4 months.

Ready-made companies with bank accounts

Or you've already got own business and there is a need to expand the scope of activities. To avoid the loss of time and effort to register juridical individuals, you can arrange a ready-made company. You will have a fully prepared company with a package of documents, which is mandatory for conducting a full-fledged activity.

Companies with licenses

Buying a ready-made company is the best option for operational business development in a new industry, as well as the need to expand the scope of the existing organization increase its scale. Acquisition of a company with mandatory permits and license means the ability to enter a new market in a short period of time.


Acquisition of a ready-made bank allows you to save time, as well as quickly carry out all reissuing operations. On average, the procedure takes about one day. As a result, the client becomes the head of the bank, which already has a client base, as well as status in the market and ready staff. Our company conducts all operations in accordance with existing legislation.


Investment fund is a modern investment tool designed for all types of assets. The purpose — managing of assets as well as solving number of tasks in a way that works best for individuals. There is no open subscription, meaning that a private investment fund has a closed structure. This is the most optimal solution for distributing capital through broad instruments.

SEMI for sale

When conducting business related to foreign exchange transactions, electronic money and cryptocurrencies, it may be necessary to open a financial company with a SEMI license. This type of license covers the production of debit cards and cryptocurrencies, the acceptance and sending of payments, the execution of transfers from third parties, and the opening of merchant accounts.

Crypto Offshore

When working with cryptocurrency it is important to choose the right country, where it is most profitable to open a company. Each country has a different attitude towards this type of currency. A country that has a loyal or positive attitude towards cryptocurrency can be called a crypto-offshore.


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