Secure Your Brazilian Gaming License with GBO’s Expert Assistance
Entering Brazil’s regulated gaming market requires a Brazilian gaming license, and GBO is your trusted partner in securing the necessary approvals. Whether you’re launching an online casino or a sports betting platform, our team streamlines the entire process—from company incorporation to full compliance with Brazilian regulations.
Why Choose GBO for Your Brazilian Gaming License?
GBO specializes in providing turnkey solutions for gaming businesses worldwide. Our services include:
- Company Formation – We help establish your gaming entity in Brazil, ensuring compliance with local ownership and corporate structure regulations.
- License Application Assistance – Our experts manage your application to the Secretariat of Prizes and Bets (SPA/MF) for a smooth approval process.
- Regulatory Compliance – We provide full guidance on tax compliance, AML protocols, and operational requirements.
- Banking and Payment Solutions – We assist in setting up secure, compliant payment solutions tailored to gaming businesses.
- Ongoing Compliance Support – Stay compliant with evolving regulations through our continued advisory services.
Brazilian Gaming License Requirements
To obtain a Brazilian gaming license, operators must meet the following key requirements:
- Incorporation: The applicant must establish a company in Brazil.
- Ownership: At least 20% of the company must be owned by a Brazilian entity or individual.
- Financial Stability: A minimum share capital and net worth of BRL 30 million is required.
- Financial Guarantee: A guarantee of BRL 5 million must be secured.
- Compliance Documentation: Applicants must submit tax compliance certificates, financial statements, and AML and responsible gaming policies.
Get an Offer For Brazilian Gaming License
in**@gb****.com
Trusted by clients around the world
GBO is a market-leading Gaming license services provider
Brazilian Gaming License Costs and Fees
The licensing costs in Brazil include:
- License Fee: BRL 30 million (approx. USD 6 million) for a five-year authorization.
- Additional Brands: Each extra set of three brands requires another BRL 30 million.
- Gross Gaming Revenue (GGR) Tax: 12% on GGR, plus corporate taxes.
- Player Winnings Tax: 15% on winnings exceeding BRL 2,824.
Timeline for Obtaining a Brazilian Gaming License
The estimated time to secure a gaming license in Brazil is 150 days after application submission. The process includes:
- Preparation & Incorporation – Establish your business structure (2-4 weeks).
- Application Submission – Submit the required documentation.
- Regulatory Review – The SPA/MF evaluates the application within 150 days.
- Payment & Final Approval – Once approved, the license fee must be paid within 30 days.
Brazil’s Taxation System for Gaming Operators
Operators must comply with Brazil’s taxation laws, including:
- 12% GGR Tax on revenue.
- Corporate Taxes applicable to all businesses.
- 15% Player Winnings Tax on winnings above BRL 2,824.
Frequently Asked Questions (FAQs)
- How can GBO help me get a Brazilian gaming license? GBO provides end-to-end solutions, including company incorporation, regulatory compliance, license application, and banking setup.
- Can a foreign company apply for a gaming license in Brazil? No, foreign companies must establish a Brazilian entity and meet the ownership requirements.
- How long does it take to obtain a Brazilian gaming license? The application review process takes up to 150 days, plus additional time for company setup and approvals.
- What are the tax obligations for gaming operators in Brazil? Gaming operators must pay a 12% GGR tax, corporate taxes, and a 15% tax on winnings over BRL 2,824.
- What types of gambling are allowed in Brazil? Brazil permits online casinos and sports betting, but land-based casinos remain restricted.
- What compliance measures are required? Operators must follow AML regulations, responsible gaming policies, and secure proper financial guarantees.
- Can GBO assist with banking solutions for gaming companies? Yes, we help set up secure payment and banking solutions tailored to gaming operators.
- What happens if my application is denied? GBO helps clients address regulatory concerns and reapply with the necessary adjustments.
- What is the legal gambling age in Brazil? Players must be 18 years or older to gamble legally.
- How do I get started with GBO? Contact our team today for a free consultation on securing your Brazilian gaming license.
Get Started with GBO Today!
GBO’s expert team is ready to assist you with every step of the Brazilian gaming license process. From company registration to full regulatory compliance, we ensure a seamless experience. Contact us now to begin your licensing journey!
