Vanuatu Gaming License
Looking for a new online playground? The Vanuatu Gaming License presents a streamlined gateway for online casino operators targeting the global stage, now including Canada. With the updated Vanuatu Interactive Gaming Act, operators gain a modernized, efficient, and secure licensing process – all online. This makes it easier than ever to offer your favourite casino games to players in Canada and beyond.
The Vanuatu Gaming Authority (VGA) license is celebrated for its clear procedures, appealing tax benefits, and robust compliance. Whether you're launching a new online casino or expanding an existing one, a Vanuatu license provides the essential legal structure to operate in many markets. Canadians can enjoy a wide array of casino games from operators licensed in Vanuatu.
This 15-year license supports diverse gaming options, from classic online casino games and sports wagering to live dealer experiences and innovative crash games. Accepting both CAD and cryptocurrencies broadens its appeal to players worldwide. Find top-rated online casinos licensed in Vanuatu and start playing today!
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What is a Vanuatu Gaming License and Why It Matters for Canadian Operators?
The Vanuatu Gaming License is an official permit issued by the Vanuatu Department of Customs and Inland Revenue (VDCIR) under the Vanuatu Interactive Gaming Act of 2000. This license allows operators to legally offer a wide range of online gaming activities, from casino games and sports betting to poker, bingo, keno, and lottery games. It's particularly suited for businesses looking to tap into markets that may not have strict local regulations, offering a flexible and solid base for launching and expanding their gaming platforms.
This license primarily covers Business-to-Consumer (B2C) operations, meaning it's for operators directly serving players. While a B2B license is in the works, the current focus is on direct player engagement. A major plus for Canadian operators is this license's acceptance of both traditional fiat currencies and cryptocurrencies, providing significant financial flexibility for both the business and its players.
To get a Vanuatu Gaming License, operators need to meet several criteria, including submitting a detailed business plan, proving domain ownership, and undergoing due diligence on Ultimate Beneficial Owners (UBOs). Once approved, the license is valid for an impressive 15 years, offering substantial long-term stability for your online gaming venture.
Why Canadian Casinos Should Consider a Vanuatu Gaming License
The Vanuatu Gaming License presents several compelling advantages that make it a smart choice for online casino operators targeting the Canadian market:
- Competitive Licensing Fees: Canada's iGaming landscape is competitive, and Vanuatu offers some of the most budget-friendly licensing fees around. This is a big win for both new startups and established operators looking to manage costs effectively. The initial application fee is approximately CA$7,300 (converted from €5,000), with an annual fee of around CA$14,600 (converted from €10,000).
- Favourable Tax Structure: The tax environment in Vanuatu is highly attractive. Operators can benefit from no corporate taxes and a low wagering activity tax of just 1% on gross gaming revenue (GGR), which can significantly boost profitability for Canadian-facing platforms.
- Streamlined Application Process: Getting licensed is straightforward. The entire application can be managed online, meaning no need to travel to Vanuatu. You can submit all necessary documents, like business plans and financial statements, and expect a relatively quick turnaround time for your license. This efficiency is a key draw for busy Canadian operators.
- Global Market Access: While Vanuatu targets pre-regulated markets, its license provides credibility and legality for operators to expand their global reach. It also accommodates both fiat and cryptocurrencies, allowing operators to cater to a wide range of players.
- Regulatory Flexibility: The license covers multiple gaming verticals, including casino, sports betting, live dealer games, and more. Vanuatu also accepts certifications from established testing houses like GLI and BMM, ensuring that your gaming platform meets international standards.
Requirements to Obtain a Vanuatu Gaming License
To obtain a Vanuatu Gaming License, operators must meet specific requirements, ensuring compliance with international standards and local regulations. The general requirements for the 2026 Vanuatu Interactive Gaming License (VIGL) include:
- Due Diligence: Operators must submit detailed information on the Ultimate Beneficial Owner(s) (UBO), including proof of identity and address. Additionally, applicants must provide an explanation of the Source of Wealth (SOW) for UBOs, often verified through a statement by a qualified professional or bank records.
- Source of Funds: A clear explanation of the Source of Funds for the project is required, with supporting documents such as financial statements or company accounts.
- Business Plan: A comprehensive business plan outlining the company’s strategy, operations, and projected growth related to the gaming license must be submitted. A template for this plan is provided during the application process.
- Presence in Vanuatu: A local presence is mandatory, requiring operators to establish a Vanuatu-based company. Proof of this is required, including incorporation documents.
- AML/CFT Policies: Operators need to provide copies of relevant policies and procedures regarding Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT).
- Responsible Person: Each licensee must nominate a Responsible Person with relevant industry experience to act as the primary contact with the Vanuatu Gaming Authority (VGA).
These requirements ensure that only credible and financially secure operators are granted a license, providing a foundation for fair and responsible gaming operations.
The Application Process for a Vanuatu Gaming License
The application process for a Vanuatu Gaming License is designed to be straightforward and efficient, with all steps conducted online. Operators begin by submitting their application to the Vanuatu Gaming Authority (VGA), accompanied by the necessary documents, including proof of identity for Ultimate Beneficial Owners (UBOs), Source of Wealth (SOW), and business plans.
Once submitted, the application undergoes an initial review by the VGA. If any part of the application is incomplete or requires additional information, it will be returned to the applicant with a request for clarification or additional documents. This feedback ensures that the application meets all regulatory requirements before moving forward.
Once approved, the license is issued for 15 years. The entire process typically takes about one month, depending on the completeness of the application and how quickly additional information is provided. Importantly, applicants do not need to visit Vanuatu, as the process is fully digital.
This simplified process, combined with clear guidance from the Vanuatu authorities, makes acquiring a gaming license in this jurisdiction efficient and cost-effective.
Vanuatu vs Other Licensing Jurisdictions
Compared to other jurisdictions, the Vanuatu Gaming License offers several advantages for operators looking to enter the online gaming market. One of its main benefits is the affordability—Vanuatu’s application and annual fees are significantly lower than those of more established jurisdictions like Malta or Gibraltar. Additionally, Vanuatu’s favorable tax structure, which includes no corporate taxes and a 1% tax on gross gaming revenue (GGR), provides financial relief for operators.
Vanuatu also stands out for its simple and fast application process, with approvals often granted within a month. While other jurisdictions may have more rigorous compliance requirements and longer processing times, Vanuatu’s flexible approach accommodates both fiat and cryptocurrency transactions, making it ideal for startups and operators in pre-regulated markets.
While not as globally recognized as Malta or the UK, the Vanuatu license is gaining respect for its efficiency and operator-friendly regulations.
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FAQ
What is a Vanuatu Gaming License?
A Vanuatu Gaming License is an official permit issued by the Vanuatu Department of Customs and Inland Revenue (VDCIR), allowing operators to legally conduct various online gaming activities, including casino games, sports betting, and poker. This license is suitable for operators targeting markets with less stringent regulations.
Who can apply for a Vanuatu Gaming License?
Any business or individual looking to operate an online gaming platform can apply for a Vanuatu Gaming License. However, applicants must meet specific requirements, including due diligence checks on the Ultimate Beneficial Owners (UBOs) and proof of financial stability. This is similar to requirements for operating a business in Canada.
How long does the application process take?
The application process for a Vanuatu Gaming License typically takes around one month. This timeline depends on the completeness of the application and how quickly any additional requested documents are submitted. Ensure all documents are readily available to expedite the process.
What are the main requirements for obtaining a Vanuatu Gaming License?
Applicants must submit a detailed business plan, due diligence documents for UBOs, proof of Source of Wealth (SOW), proof of Source of Funds (SOF), and relevant Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) policies. Additionally, operators must establish a Vanuatu-based company, similar to setting up a registered business in Canada.
How much does a Vanuatu Gaming License cost?
The initial application fee for a Vanuatu Gaming License is approximately €5,000, and the annual license fee is €10,000. There is also a wagering activity tax of 1% on gross gaming revenue (GGR), but no corporate tax is applied. Be sure to factor these costs into your business plan.
Do I need to visit Vanuatu to obtain the license?
No, the entire application process can be completed online. Applicants do not need to visit Vanuatu, but they must establish a local company and maintain a presence on the island. This remote application process is convenient for Canadian operators.
What gaming activities are covered under the Vanuatu Gaming License?
The Vanuatu Gaming License covers a wide range of gaming activities popular in Canada, including online casinos, sports betting, live casinos, poker, bingo, keno, crash games, and novelty games. Both fiat and cryptocurrency transactions are permitted, offering flexibility for Canadian players.
How long is the Vanuatu Gaming License valid?
The Vanuatu Gaming License is valid for 15 years from the date of issuance. Operators must maintain compliance with Vanuatu's regulations throughout this period to retain the license. Regular audits and compliance checks are essential.
What makes the Vanuatu Gaming License attractive compared to other jurisdictions?
The Vanuatu Gaming License offers low licensing fees, a favorable tax structure (no corporate taxes), and a streamlined application process that can be completed online. This makes it an attractive option for startups and established operators looking to minimize costs, especially when compared to more regulated markets like Ontario.
Can I use the Vanuatu Gaming License to operate globally?
While the Vanuatu Gaming License allows for global operations, it is mainly targeted at pre-regulated markets. Operators should seek legal counsel regarding the specific regions they plan to target, as certain markets, including some provinces in Canada, may have restrictions. Always ensure compliance with local laws.
