Philippines Online Gaming License
The Philippines Gaming Licence. Two districts with different set of rules; Locals cannot offer bets to locals; Licences are issued in Cagayan Freeport; Beneficial for Asian markets; Software compliance; When it comes to the Philippine gambling industry, a distinction between its two areas (in terms of gambling) should be understood beforehand.
Our team of
A Philippines Gambling License covers all forms of online gambling including: Casino, eSports, Poker, Sports Betting, Lotto, Bingo, Horseracing, Bitcoin Casino, Fantasy Sports, Games of Skill and other gaming-related activities without being required to obtain one license for each individual product. Legal Online Gambling in the Philippines. The iGaming industry in the Philippines has been experiencing a steady rise, but its regulatory policies are in a rather unique situation. To put it simply, the respective jurisdictions illustrated above have the authority to license and regulate online casino operators. MANILA - Philippine President Rodrigo Duterte on Wednesday said online gambling in the Philippines will continue over vocal opposition from Beijing, which has called for a crackdown on the industry. When it comes to online gambling, residents of the Philippines are free to gamble online with one catch. The catch is you can only gamble on websites that are foreign. Thanks to this, Filipino players have a massive assortment of gambling sites to choose from, which allows them more access than many other players from around the globe.
EXPERTS AND PARALEGALS
can help you register your business in the Philippines
K&C corporate lawyers assist foreign companies to legally register businesses in the online gaming, casino, gambling, sports, and betting industries. We ensure our online gaming operator clients are compliant with the requirements in the CSEZFP Interactive Gaming Rules and Regulations and CEZA’s policies pertaining to the conduct of interactive gaming at the CSEZFP. K&C’s corporate lawyers will also register your new company with SEC, BIR, and other required government agencies. Our lawyers will ensure you are in compliance regarding all fees, payment, and receipts of gaming revenue due to government agencies.
Interactive Gaming License Registration in the Philippines
- Sports betting
- Sports book
- Sports fantasy league
- Online gaming
- Fixed odds
- Betting exchange
- E-casino/online casino
- Lottery
Internet Gaming Operators Revenue Streams in the Philippines
- Connectivity using wide bandwidth capabilities
- Physical sever hosting to host the Internet site
- High quality monitoring and maintenance services for the Internet infrastructure
- Hosting services which include connection of servers and data networking equipment to the same monitoring and management system
- Call center services
- Management of the Internet Casino Site
- Office space
- Network, server and system administration, and facilities management and monitoring
- Payment and receipt of gaming funds services
- Telecommunication services
- Physical security and monitored access
- Value-added services, such as website monitoring, traffic analysis, marketing analysis, telemarketing, and customer relationship management among others
Tax Incentives for Online Gaming Companies in the Philippines
Gaming operators and companies operating in certain zones of online gaming jurisdiction are entitled to numerous benefits and tax incentives in the Philippines.
- 4 – 6 income tax holiday for qualifying (4 years for non-pioneer firms and 6 years for pioneers)
- Tax and duty-free importation of articles, raw materials, capital goods, equipment, and consumer items
- A special tax rate of 5% on gross income in lieu of national and local taxes
- Tax credits for foreign corporations
- Permanent residency for investors and their immediate family, provided that the investor maintains a capital investment of not less than US$150,000.00
All applicable incentives under the Omnibus Investment Code of 1987 , such as:
- Foreign nationals employed by the enterprise shall be issued a multiple entry visa, valid for a period of three years
- Tax treatment of merchandise in the Zone
- Tax and duty-free importation of articles, raw materials, capital goods, equipment, and consumer items
- Tax credits
Server Hosting and Infrastructure Laws in the Philippines
Philippines Online Gaming License Verification
The Philippines has a world-class telecommunications facilities providing quality and high-speed data services of up to DS3 capacities. Online gaming operators are able to establish and set up a Network Operation Center/Hub with its Internet server including web sites, gaming software, application programs, administrative software, hardware, Internet, as well as telecommunication connections, collection payment system, and toll-free telephone operations, all in connection with the development, operation and conduct of Internet and gaming enterprises and facilities.
Register your business in the Philippines with speed and ease
Philippines Online Gaming License Renewal
Kittelson & Carpo Consulting is a distinguished business consulting firm in the Philippines with expertise in providing seamless and transparent business solutions.