Gambling license in Australia

Registering an international gambling company in Australia is a prestigious and effective choice for entrepreneurs. With a legal opinion on exemption from licensing requirements for gambling services provided outside of Australia, this jurisdiction is a credible alternative to regions such as Costa Rica. It is important for operators to comply with all legal requirements when preparing the documents for the registration and licensing of an online gambling business in Australia. By working with the specialists at SBSB Fintech Lawyers, you can significantly simplify the organization of gambling activities in this country.

Gambling Regulation in Australia

The Interactive Gambling Act of 2001 allows Australian companies to offer online casino services to international clients without an Australian license, provided these services are not targeted at Australian residents.

Benefits of Registering a Company in Australia

This jurisdiction is attractive for conducting a legal gambling business for several reasons:

• Australian companies can offer online gambling services to international clients without an Australian license, as long as they do not target Australian residents.
• Australia’s strong global reputation enhances trust and confidence among international clients and partners.
• A well-developed system supports international transactions and ensures smooth financial operations with minimal bureaucratic obstacles.
• Provides a safe environment for doing business.
• A favorable tax system: the absence of VAT (Value Added Tax) and dividend tax makes this jurisdiction particularly appealing for gambling operators looking to maximize profits and minimize tax liabilities.
• Income earned outside of Australia is not subject to taxation.

How to Organize a Gambling Business in Australia?

1. Prepare the necessary documents (including copies of passports or IDs, proof of address, and a description of the corporate structure).
2. Establish a legal office address for the company.
3. Prepare three options for the company name in order of priority, select an available name, and reserve it through the Australian Securities and Investments Commission (ASIC).
4. Submit the documents for registration with ASIC and obtain an Australian Company Number (ACN) and an Australian Business Number (ABN).
5. Ensure that the appointed director is a resident of Australia.
6. Submit quarterly reports to ASIC and tax returns to the Australian Taxation Office (ATO).

Timeframe for Company Registration in Australia

The process of registering a company in Australia is straightforward and efficient, usually taking about three weeks. It is one of the fastest solutions for establishing an international gambling company. Opening a bank account in a major Australian bank takes approximately two months.

Cost of Company Registration and  Gambling Licensing in Australia

The cost of registering a company depends on the range of services. The registration fee includes state fees, the registration of an address, and the provision of a nominee local director and a nominee local shareholder. For more detailed information on costs and conditions, please contact the SBSB team.

Why Should You Turn to the Experts at SBSB Fintech Lawyers for Organizing an Online Gambling Project?

If you are interested in registering a gambling company in Australia, reach out to SBSB Fintech Lawyers. Since 2013, our team has specialized in FinTech, cryptocurrency, and gambling, offering customized solutions. We will help you choose the right type of license and prepare the necessary documentation, providing full legal support throughout the entire process.