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Gaming Licence Fees & Taxation
Remote Gaming Services
Gaming Licence Fees & Taxation
MGA Fees - Gaming Services Licence (B2C)
Application Fee
An application fee of €5,000 is payable to the MGA for the granting of a new licence. This fee must be paid upon application for a new remote gaming licence.
Licence Fee
A licenced company must pay an annual licence fee to the MGA as follows:
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Licence
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Fees
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|---|---|
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B2C gaming service licence Type 1
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€25,000
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B2C gaming service licence Type 2
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€25,000
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B2C gaming service licence Type 3
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€25,000
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B2C gaming service licence Type 4
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€10,000
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Gaming Tax
5% Gaming Tax is applied on Gaming Revenue generated from Malta based players. Determination of taxability is whether the player is established, has his permanent address and/or usually resides in Malta.
Compliance Contribution
A licensed company must pay a monthly compliance contribution based on their aggregate gaming revenue for the year, with minimum and maximum contributions payable for each type of licence.
For a B2C gaming service licence Type 1, the minimum contribution payable per year is €15,000 and the maximum contribution payable per year is €375,000. Overpayments will be set-off.
For a B2C gaming service licence Type 2, the minimum contribution payable per year is €25,000 and the maximum contribution payable per year is €600,000. Overpayments will be set-off.
For a B2C gaming service licence Type 3, the minimum contribution payable per year is €25,000 and the maximum contribution payable per year is €500,000. Overpayments will be set-off.
For a B2C gaming service licence Type 4, the minimum contribution payable per year is €5,000 and the maximum contribution payable per year is €500,000. Overpayments will be set-off.
System Audit Fee
Once the MGA is satisfied with its review of the licence application (including fit and proper checks and documentation presented) the company may proceed to System Review stage wherein MGA approved external auditors will audit the proposed live environment against the licence application.
A System Review fee must be settled with the auditor, however the average fee for one (1) B2C licence with one (1) game type/vertical is around €2,500 (VAT incl.) and can increase up to around €7,500 (VAT incl.) depending on the number of game types/verticals provided.
Contact Advisory Services is able to introduce clients to well-established auditors operating in the field.
Application Fee for Renewal of Licence
A licence is valid for 10 years however before this term is up an application for the renewal of the licence must be submitted to the MGA. Although this is a licence renewal process, it is very similar to a new licence application process. Contact Advisory Services can assist with this process.
A licence renewal fee of €5,000 must be paid upon application for the renewal of the licence.
Before the license is renewed, the company will be subject to a compliance review. The renewal process very much depends on the outcome of the successful completion of the review.
Compliance Audit
The company will be subject to a compliance review during the first year after license has been issued and then in accordance with MGA’s requirements. The audit will be carried out by MGA approved external auditors against an MGA audit manual which contains a list of tests to be carried out during the audit.
The Compliance Audit fee must be settled with the auditor, however the average fee for one (1) B2C licence with one (1) game type/vertical is of €5,000 (VAT excl.) and can increase up to around €15,000 (VAT excl.) depending on the number of game types/verticals provided.
MGA Fees - Gaming Supply Licence (B2B)
Application Fee: An application fee of €5,000 is payable to the MGA for the granting of a new licence. This fee must be paid upon application for a new gaming licence.
Licence Fee: A licenced company must pay an annual licence fee to the MGA as follows:
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Initial Annual Gaming Licence Fee – Gaming Supply Licence (B2B)
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Fees
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|---|---|
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Non-refundable Fixed Annual Licence Fee
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€25,000
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Non-refundable Fixed Annual Licence Fee (Back-Office)
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€10,000
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Following the initial year, the licence fee is calculated as per following guidelines.
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Fixed Annual Gaming Licence Fee - Gaming Supply Licence (B2B)
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Fees
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|---|---|
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Where annual revenue does not exceed €5,000,000
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€25,000
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Where annual revenue exceeds €5,000,000 but does not exceed €10,000,000
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€30,000
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Where annual revenue exceeds €10,000,000
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€35,000
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Licence Fees on Annual Revenue – Gaming Supply Licence (B2B Back-Office)
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Fees
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|---|---|
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Annual revenue does not exceed €1,000,000
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€3,000
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Annual revenue in excess of €1,000,000
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€5,000
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The annual licence fee must first be paid before the licence being issued.
System Audit: Once the MGA is satisfied with its review of the licence application (including fit and proper checks and documentation presented) the company may proceed to System Review stage wherein MGA-approved external auditors will audit the proposed live environment against the licence application.
A System Audit fee must be settled directly with the auditor, however the average fee for one (1) B2B licence with one (1) game type/vertical is around €2,500 (VAT incl.) and can increase up to around €7,500 (VAT incl.) depending on the number of game types/verticals provided.
Contact Advisory Services is able to introduce clients to well-established auditors operating in the field.
Application Fee for Renewal of Licence: A licence is valid for 10 years however before this term is up an application for the renewal of the licence must be submitted to the MGA. Although this is a licence renewal process, it is very similar to a new licence application process. Contact Advisory Services can assist with this process.
A licence renewal fee of €5,000 must be paid upon application for the renewal of the licence.
Before the license is renewed, the company will be subject to a compliance review. The renewal process very much depends on the outcome of the successful completion of the review.
System Review: System Reviews will be conducted by approved Audit Service Providers (ASP). These reviews must occur in a live setting, with Licensee personnel present to demonstrate the system’s functionality. The system review fee must be settled directly with the auditor, however the average fee for one (1) B2B licence with one (1) game type/vertical is around €3,500 (VAT incl.) and can increase up to around €11,000 (VAT incl.) depending on the number of game types/verticals provided.
Compliance Audit: The company will be subject to a compliance review during the first year after the license has been issued and then further reviews will be conducted in due course in accordance with MGA’s requirements. The audit will be carried out by MGA approved external auditors against an MGA audit manual which contains a list of tests to be carried out during the audit.
The Compliance Audit fee must be settled with the auditor, however the average fee for one (1) B2B licence with one (1) game type/vertical is of €4,500 (VAT excl.) and can increase up to around €13,500 (VAT excl.) depending on the number of game types/verticals provided.
Contact Advisory Services is able to introduce clients to well-established auditors operating in the field.
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