Kahnawake
Kahnawake is an Indian territory located within the Canadian province of Quebec. It is one of the world's first jurisdictions to license online gambling. The initial regulations for regulating gambling activities were adopted in 1999. The Kahnawake Gaming Commission is the official licensing and regulatory authority. A Kahnawake gambling license allows legal operation of online gambling businesses.
Why choose Kahnawake?
- The Client Provider Authorizations (CPA) license issued in Kahnawake covers all types of online games, including casinos, poker, sports betting, lotteries, and more.
- You can obtain a gambling license in Kahnawake by registering a company in any other country.
- The duration of the gaming license is 5 years and can be renewed annually.
- A Kahnawake license allows you to accept payments from customers in cryptocurrency.
Procedure for obtaining a license in Kahnawake:
Before obtaining a Gambling License issued by the Kahnawake Gaming Commission, you must register a legal entity. In addition to this, you will need to:
- Appoint a company representative who will advocate for its interests before the Commission.
- Gather all necessary documents.
- Submit an application and pay the registration fee.
- Wait for the regulator's response, which may take 1 to 2 months.
- Launch an online casino upon a positive response.
Requirements for a Gambling License:
- Provide information about the beneficial owner, directors, and shareholders of the company for further compliance checks.
- The registered company must be in Kahnawake.
- Pass an independent audit.
- Have servers located in Kahnawake.
- Key individuals in the company must have a clean criminal record and relevant experience and education.
- Have high-quality certified software.
- Confirm ownership of the domain.
- Submit all requested documents to the commission.
- Pay all fees related to obtaining the license.
The processing time for obtaining the license
5-8 weeks.
The gaming license is valid
for 5 years and is renewed annually.
The annual license fee for a gaming license
$20,000 USD.
The Commission will review the license application after all regulatory requirements are met and all license fees are paid. Subsequently, a decision will be made regarding the issuance of the license.
For more detailed information and to clarify the cost, please contact our specialists. We will be happy to answer all your questions!
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.
Banks
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.
Funds
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.