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Sweden is one of the most liberal countries in Europe. Its democratic legislation also affects the gambling industry. Gambling in this jurisdiction has been legalized recently, and due to such a new regulatory framework implementation, Swedish regulatory bodies are seeking to control this area to the fullest extent.
There are two types of licenses:
- Betting license
- Online casino license
Terms: 3-6 months
Basic information regarding obtaining a gambling license in Sweden:
- You can apply for obtaining a gambling license in Sweden at any time.
- The license is issued for 5 years.
- Taxation in Sweden for casinos – 18% of GGR (Gross Gambling Revenue). All tax returns must be submitted to the regulator on a monthly basis.
The registered capital required for obtaining a gambling license in Sweden: From the legal perspective, there are no requirements for the share capital. Nevertheless, in practice, before issuing a license, the regulator looks at the activities, budget, planned turnover, etc., and sets the authorized capital individually for each company.
Price includes the following:
- Company registration
- Assistance in obtaining a license
- Registered legal address for 1 year
Price: on request
Details: a.shevchuk@eternitylaw.com, Telegram @anastasiiaeternitylaw.
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