Georgia E-Gambling FreeZone License: A Comprehensive Guide
The Georgia E-Gambling FreeZone License has emerged as one of the most attractive and competitive options for iGaming operators across the world. Issued and regulated in a reputable European (Non-EU) jurisdiction, Georgia offers numerous advantages to businesses looking to establish or expand their online gaming operations. This comprehensive guide will take you through the key benefits, the different types of licenses available, allowed activities, timeframes, costs, and the steps involved in obtaining the license.
Key Advantages of the Georgia E-Gambling FreeZone License
1. Reputable Jurisdiction
The Georgia E-Gambling FreeZone License is regulated in Georgia, a prominent European (Non-EU) jurisdiction known for its well-established legal frameworks and regulatory standards. Georgia has built a reputation for its transparency, governance, and industry-specific legislation, making it a trusted and secure destination for iGaming operators.
2. Coverage of All iGaming Activities
With the Georgia E-Gambling FreeZone License, operators are granted the legal right to operate across all segments of the iGaming industry, including:
- Sports Gambling
- Casino Games
- Poker
- Bingo
- Lottery
3. Cryptocurrency-Friendly Jurisdiction
Georgia’s progressive approach towards digital currencies allows operators to fully integrate cryptocurrency into their business models. The license imposes no restrictions on the use of cryptocurrency, meaning operators can accept Bitcoin, Ethereum, and others as part of their payment systems. This opens up a wealth of opportunities in a fast-evolving digital economy.
4. Zero Corporate Taxes
One of the most attractive features of the license is its zero corporate tax rate. Georgia's unique legislative advantages under the FreeZone regime make it an attractive jurisdiction for businesses looking to maximize profitability. This tax-free environment allows operators to reinvest more capital into their operations, scaling efficiently and rapidly.
5. Direct Communication with Regulators
Georgia’s regulatory body ensures a high level of cooperation with license holders. Through local representation and legal representatives, operators maintain direct communication with gaming authorities, enabling quick resolution of regulatory issues, disputes, and emergencies.
6. Trusted by Global Operators
The Georgia E-Gambling FreeZone License is widely recognized and trusted by iGaming operators worldwide. Its reputation for reliability and efficiency provides peace of mind to operators and attracts more business from players.
7. Transparent and Efficient Licensing Process
Georgia has streamlined its licensing process to ensure clarity, speed, and efficiency. Operators can expect to receive licenses promptly, avoiding prolonged delays common in other jurisdictions.
8. Low Yearly Maintenance Costs
Ongoing costs for maintaining the license are low, making it a cost-effective option. Operators can focus on growth rather than excessive operational expenses.
9. Global Financial Institution Acceptance
The license is widely accepted by banks and financial institutions worldwide, enabling smooth financial transactions and enhancing credibility.
10. Sub-License Eligibility for Foreign Entities
Entities licensed in other jurisdictions (e.g., Curacao) may apply for a sub-license under a Georgian Master License, allowing expansion without applying for a full Master License.
Types of Licenses and Permitted Activities
1. Ordinary E-Gaming License
This license covers a wide array of iGaming activities, granting operators the right to offer multiple online gambling services:
- Digital Casino
- Digital Gambling Club
- Digital Gambling and Winning Games
- Digital Slot Club
- Digital Betting House
- Digital Lotto Games
- Digital Bingo Games
- Digital Promotional Lotteries
2. General (Master) E-Gambling License
This premium license allows the holder to operate multiple sub-licenses for third-party operators. To qualify, companies must establish a Georgian-based company, ensuring local governance and enhanced operational control.
Timeframes for License Issuance
- Ordinary E-Gaming License: 3 to 4 weeks
- General (Master) E-Gambling License: 4 to 6 weeks
Costs
- Sub-License: EUR 56,000
- Master License: EUR 86,000 (only 4 remaining)
- Sub-License for Master License Holder: EUR 41,000
- Nominee Director for Master License: USD 15,000 per year
Key Steps to Obtain a Gambling License
- Register a Business – establish a Georgian-based company.
- Open a Bank Account – for financial transactions.
- Prepare Company and Gambling Information – games, payments, and operations.
- Submit the Application – online with all documents.
- Pay Mandatory Fees – ensure timely processing.
Requirements
- Georgian Company registration
- Protection of minors (anti-underage gambling)
- Operational data disclosure
- Valid business address in Georgia
- Financial capacity to pay winnings
- Timely payment of taxes and fees
Documents Required
- Certificate from the State Register of Legal Entities
- Gambling Terms and Conditions
- Game Descriptions
- Company Chart
- Proof of No Criminal Record
- Layouts of Gambling Equipment (if applicable)
- Business Legalization Application
- Proof of Registration Fee Payment
*Additional documents may be requested depending on the case*
Conclusion
The process for obtaining a gambling license in Georgia is straightforward. Follow the steps, submit the required documents, and ensure timely fee payment to legally operate your gambling business in Georgia.
Contact Us or Download our Georgia Guide for full details and step-by-step instructions.
