Costa Rica is a country in Central America known for its favorable attitude towards gaming operators. Along with a stable economic situation, a significant advantage of the jurisdiction is the absence of the need to obtain a separate license for online gambling. To launch projects, it is sufficient to obtain a license for data processing on the internet (Data processing), which ensures a quick and inexpensive start.

The Costa Rica data processing license grants the right to organize and conduct all types of gambling, including online casinos, lotteries, card games, roulette, sports betting, lotto, etc. The only restriction is the prohibition on providing such services to residents of Costa Rica and other countries where online gambling is prohibited or requires obtaining a local license.

Unlike other jurisdictions, Costa Rica does not require a financial and business plan, a large initial capital to obtain a license, since gambling is offered only outside the country. There are also no special requirements for the software of the gambling project, the company's financial reporting, the location of servers, or the location of a bank account.

What is required to obtain a license

• Register a local company that must have a local registered agent and at least 2 shareholders;
• The number of directors should be at least three people, their residency does not matter;
• It is necessary to have a local registered office with a lease agreement for the premises;
• Apply for a license from the regulator Industria y Comercio;
• Open a corporate bank account;
• Open merchant accounts to accept payments;
• Pay state fees for company registration and filing an application for a license.

State authorities may request additional information when registering a company, which affects the timing of obtaining a license. On average, the period for registering a company and launching a project is about 3 weeks.

IT-OFFSHORE specialists will help register a company and obtain the necessary permits to start a project in one of the most open jurisdictions for gambling.