Vanuatu Gaming License

Key Benefits of the Vanuatu Gaming License

The Vanuatu Gaming License offers several key benefits that make it an attractive option for online casino operators:

• Low Licensing Fees: Vanuatu offers some of the most competitive fees in the industry, making it a great choice for startups and established operators alike. The initial application fee is approximately €5,000, with an annual fee of €10,000.
• Favorable Tax Environment: Vanuatu's tax regime is highly beneficial to gaming operators, with no corporate taxes and a low wagering activity tax of just 1% of gross gaming revenue (GGR).
• Simple Application Process: The entire application process can be completed online, eliminating the need for applicants to visit the island. Operators can submit their documents, including business plans and financial statements, and expect a quick turnaround time.
• 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 2025 Vanuatu Interactive Gaming License (VIGL) include:

1. 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.
2. 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.
3. 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.
4. Presence in Vanuatu: A local presence is mandatory, requiring operators to establish a Vanuatu-based company. Proof of this is required, including incorporation documents.
5. 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).
6. 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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