Gambling license Class 2 in Romania: benefits, requirements and costs

Romania is an attractive jurisdiction for online gambling operators, offering Class 2 licenses. This license allows companies to provide online gambling services to customers worldwide, opening doors to the global market. In this article, we will consider the cost of obtaining a license, the necessary state fees, and additional expenses.

Advantages of the Romanian gambling license

• Access to the global market: A Class 2 license allows operators to offer their services to customers worldwide, opening doors to the vast online gambling market.
• Reliable legal framework: Romania has a clear and well-structured regulatory framework for online gambling, providing operators with a stable and secure environment for conducting business.
• Competitive tax rates: Romania offers attractive tax rates for online gambling operators, allowing them to optimize their expenses and increase profits.
• Professional support: The Romanian regulator provides professional support to licensed operators, assisting them in resolving any issues and ensuring compliance with all regulatory requirements.

When obtaining a license, the following state fees must be paid:

• Licensing fee for the Romanian Gaming Authority for a Class 2 license.
• Contribution to the gambling addiction prevention fund.
• One-time insurance.

Share capital requirements

Although there are no official requirements for the amount of share capital, it is recommended to contribute at least 5,000 EUR. The license requires a complete renewal every 10 years. It is important to note that the Romanian regulator mandatorily requests documents confirming the founder's source of funds. The preparation of such documents is possible but is paid for separately.

The Romanian Class 2 gambling license opens doors to the global market for online gambling operators. Despite the significant costs associated with obtaining a license, Romania remains an attractive jurisdiction due to its reliable legal framework, competitive tax rates, and professional support from the regulator. Careful planning and consideration of all necessary expenses will help operators successfully enter the global online gambling market with a Romanian license.