iGaming | Griffiths + Associates Malta

Gaming company in Malta

igaming malta

It is estimated that around 30% of the world’s gaming companies are operating via Malta. The Maltese gaming scene, with its solid regulatory environment bolstered by the Malta Gaming Authority (“MGA”), has proven to have become a very popular gaming platform for companies wanting to operate within this sector.

The relative gaming laws in Malta have provided a varied tiered mechanism whereby different classes of licenses may be applied for, each of which have a separate gaming tax regime which is applicable.

The Chief Executive Officers and other high ranking personnel within such gaming companies have also been given some special tax breaks in terms of the Highly Qualified Persons Rules, as amended. Such recent additions to the fiscal regime in Malta have made this jurisdiction even more attractive for international clients setting up Maltese business in the gaming sector.

SiGMA Group has announced the finalists for the Malta iGaming Awards 2019
SiGMA Group has announced the finalists for the Malta iGaming Awards 2019

Gaming companies setting up in Malta need the correct guidance in order to apply for their gaming license with the MGA, and also would require the correct advice and set up in order to meet the ongoing regulatory obligations which the latter Authority would impose.

Malta Gaming License

Gaming License For a B2C:

Non- Refundable Annual Fee paid in advance upon the issue of license — €25,000

Administrative / Renewal Fee — €5,000

Compliance Contribution Fees:

  • for a Class 1 license, a minimum compliance contribution of €15,000 which is capped at €375,000, with a percentage range from 0.4% to 1.25%;
  • for a Class 2 license, a minimum compliance contribution of €25,000 which is capped at €600,000, with a percentage range from 0.4% to 4%;
  • for a Class 3 license a minimum compliance contribution of €25,000 which is capped at €500,000, with a percentage range from 0.4% to 4%;

B2C licencees startups are exempt from paying their compliance contributions for one year.

Gaming License For a B2B:

For a Class 4 license, an annual fee of €25,000 to €35,000, is paid dependent on gaming revenue.

B2B Licensees are not required to pay compliance contributions.

Riccardo Baldoni - Advisory Manager
Riccardo Baldoni - Advisory Manager

Griffiths + Associates  is geared towards providing tailor-made solutions for Gaming Operators who are desirous in using Malta as their business hub:

    Our company’s mission – to provide quality financial services to our esteemed local and international clients, keeping their needs at the centre of our ethos; going the extra mile to efficiently and effectively assist them in growing and fulfilling their business and personal needs.

    Peter Griffiths – Managing and Tax Director
    Peter Griffiths
    Managing and Tax Director, Griffiths + Associates
    How Can We Assist You?

    Let’s collaborate on your next project. Your first step is meeting with one of our experts.

    Contact us today to set up an appointment.