Montenegro Gambling License

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Montenegro provides its own Gambling license, which is ideal for gambling operators and software developers.

Gambling license allows gambling operators to conduct business related to casino, poker, sports betting,  bingo, lotto, bitcoin casino and many more.

The gambling industry is under control of the local regulating body – Games of Chance Administration.

Montenegro has one the lowest corporate tax rates in Europe, which currently stands at 9%. 0% Tax on Bets makes Montenegro even more attractive for Gambling license holders.

In order to make the first steps toward receiving of a Gambling license you have to establish a legal entity/company.

The process of obtaining the gambling license is easy and straightforward. 

One of the key requirements for all applicants is to have all the data, including servers and websites to be physically located on the territory of Montenegro. Also you have to have a local director and AML officer along with your own AML policies. 

In addition to a Gambling License you need to open a corporate bank account along with a merchant account. This procedure is extremely challenging these days. But this is something we will be happy to assist you with. 

Our specialist offers a complete range of solutions for gambling companies in Montenegro.

The process time of registration and licensing of your business is varies from 2-4 months. At the end you will be granted with Montenegro Gambling License.  

Please feel free to contact us for more details. 

 

Special notes

  • Corporate Income Tax - 9%

  • VAT - 21%

  • Tax on Bets – 0%

  • Minimum share capital – €1

  • Withholding tax on Dividends -  9%