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    Taxes in Argentina: A brief overview
    Taxes in Argentina: A brief overview.

    Argentina is a South American country with a population of over 45 million people. The country is known for its vast land, diverse culture, and rich history. Argentina has gone through several economic and political changes over the years, which have affected its tax system.

    Overview of Argentina’s Tax System

    Argentina has a complex tax system that includes both national and provincial taxes. The national taxes are managed by the Federal Administration of Public Revenues (AFIP), while provincial taxes are managed by each province. The country’s tax system is based on the principle of territoriality, which means that taxes are levied on income earned within the country.

    Personal Income Tax In Argentina, personal income tax (PIT) is payable by individuals who earn income above a certain threshold. The PIT rate is progressive, with higher rates for higher income earners. The top PIT rate is 35% for income above ARS 3,000,000 (approximately USD 33,000). PIT is also payable on capital gains, with a rate of 15%.

    Corporate Income Tax in Argentina

    Corporate income tax (CIT) is levied on the profits of companies registered in Argentina. The standard CIT rate is 30%, but some industries have a reduced rate. Companies are also subject to minimum tax, which is based on their revenue.

    Value-Added Tax in Argentina

    Value-added tax (VAT) is a consumption tax that is levied on goods and services. The standard VAT rate in Argentina is 21%. Some goods and services are exempt from VAT, while others have a reduced rate of 10.5%.

    Social Security Contributions

    Employers in Argentina are required to contribute to the social security system on behalf of their employees. The rate of social security contributions is 17%, with the employee and employer each contributing 8.5%.

    Wealth Tax in Argentina

    The Nation also has a wealth tax, which is levied on the assets of individuals and companies. The wealth tax rate is progressive, with higher rates for higher levels of wealth. The top wealth tax rate is 2.25% for assets above ARS 200 million (approximately USD 2.2 million).

    Other Taxes

    Argentina also has several other taxes, including stamp duty, customs duties, and real estate taxes. Stamp duty is payable on certain transactions, such as the transfer of real estate. Customs duties are levied on imported goods, while real estate taxes are levied on the value of property.

    Conclusion

    In conclusion, Argentina has a complex tax system that includes several different taxes. The country’s tax system is based on the principle of territoriality, with taxes levied on income earned within the country. Personal income tax, corporate income tax, value-added tax, social security contributions, wealth tax, stamp duty, customs duties, and real estate taxes are all part of its tax system. Understanding these taxes is important for individuals and companies doing business in Argentina.

    Brief History of Antigua and Barbuda and its Tax System
    Brief History of Antigua and Barbuda and its Tax System

    Antigua and Barbuda is a small island nation located in the Caribbean Sea. The country consists of two main islands, Antigua and Barbuda, and several smaller islands. It has a population of approximately 98,000 people and is known for its beautiful beaches and warm climate. The official language is English, and the capital city is St. John’s.

    Brief History of Antigua and Barbuda

    Antigua and Barbuda were originally inhabited by Amerindian tribes. Christopher Columbus was the first European to discover the islands in 1493, and they were later colonized by the British in the early 17th century. It gained independence from Britain in 1981 and are now members of the Commonwealth of Nations.

    Antigua and Barbuda: Personal Income Tax

    Antigua and Barbuda has a progressive tax system, meaning that higher-income individuals pay a higher percentage of their income in taxes. The personal income tax rates range from 0% to 25%, with the highest rate applying to those earning over EC$100,000 (Eastern Caribbean dollars) annually.

    The government also imposes a social security tax on employed individuals, which is set at a rate of 5% of gross income. Self-employed individuals are required to pay both the employee and employer portions of the tax, which total 10% of their gross income.

    Corporate Taxes

    Antigua and Barbuda has a flat corporate income tax rate of 25% for both local and foreign companies. In addition, a withholding tax of 25% is imposed on payments made to non-residents for services performed in the islands. However, certain industries, such as tourism and renewable energy, may be eligible for tax incentives.

    Value Added Tax

    Value Added Tax (VAT) are imposed on goods and services sold in the country. The standard VAT rate is 15%, with a reduced rate of 8.5% applying to certain goods and services, such as tourism-related activities and basic food items.

    Property Taxes

    Property taxes in Antigua and Barbuda are levied at a rate of 0.25% of the market value of the property. The government also imposes a land development tax, which is set at a rate of 10% of the market value of the land.

    Antigua and Barbuda: Tax Administration

    The Inland Revenue Department (IRD) is responsible for administering tax law. The department is responsible for collecting taxes, enforcing tax laws, and providing guidance to taxpayers. Non-compliance with tax laws can result in fines and penalties.

    Tax Incentives

    It offers a range of tax incentives to both local and foreign investors. These incentives are aimed at promoting economic growth and development in the country. Tax incentives may include exemptions from import duties and tax holidays for eligible industries.

    Conclusion

    In conclusion, Antigua and Barbuda has a relatively simple tax system that consists of personal income tax, corporate tax, VAT, and property tax. The country also offers tax incentives to promote investment and economic growth. The Inland Revenue Department is responsible for administering tax laws and ensuring compliance.

    Introduction to Angola: Taxes, Structure and History
    Introduction to Angola: Taxes, Structure and History

    Angola, a country situated in Southern Africa, is known for its vast natural resources, including oil, diamonds, and other minerals. In addition, it is surrounded by the South Atlantic Ocean, which plays a significant role in the country’s economy. With a population of approximately 33 million people, Angola is one of the largest countries in Africa.

    Portuguese is the official language of Angola, a legacy of its colonial past. Angola was a Portuguese colony for almost five centuries until it gained its independence in 1975. Today, Portuguese remains the official language, although many Angolans also speak local languages such as Umbundu, Kimbundu, and Kikongo.

    History of Angola

    Angola was initially colonized by Portugal in the 16th century and gained its independence in 1975. After independence, a long period of civil war began, lasting until 2002. The country is now a presidential republic with a growing economy.

    Overview of Angola’s Tax System in Angola:

    Angola has a progressive tax system, which means that the tax rates increase as income increases. The tax system is composed of direct taxes, indirect taxes, and social security contributions.

    Direct Taxes in Angola:

    The tax system in Angola is divided into direct and indirect taxes. Direct taxes include the Personal Income Tax (PIT) and the Corporate Income Tax (CIT). PIT rates are progressive and range from 0% to 17% depending on income level. For CIT, the tax rate is a flat 30%. The PIT and CIT are the main sources of revenue for the government.

    The PIT is levied on all income earned by individuals in Angola, whether resident or non-resident. Non-residents are only taxed on income earned in Angola. The CIT applies to all companies and other entities that engage in commercial activities in Angola, regardless of where they are incorporated. Companies are required to file their tax returns and pay their taxes annually.

    Indirect Taxes in Angola:

    The indirect taxes are the Value Added Tax (VAT), the Consumption Tax (IT), the Special Consumption Tax (IEC), and the Stamp Duty Tax. The VAT rate is 14%, and the IT rate ranges from 2% to 30%. The IEC rate varies depending on the product, and the Stamp Duty Tax rate is 1%.

    Social Security Contributions in Angola:

    Employers are required to contribute 8% of their employees’ salaries to the National Social Security Institute (INSS), and employees are required to contribute 3% of their salaries.

    Tax Incentives:

    Angola offers tax incentives to companies investing in certain sectors, such as agriculture, tourism, and industry. These incentives include exemptions from CIT, VAT, and customs duties.

    Tax Administration:

    The General Tax Administration (AGT) in Angola is responsible for overseeing the tax administration of the country. The AGT plays a significant role in the collection of taxes, as well as the enforcement of tax laws. Moreover, it ensures that taxpayers are provided with the necessary guidance to comply with tax regulations.

    The AGT is an autonomous institution that was established in 2013. It is a merger of three institutions, namely the National Tax Directorate, Customs Services, and the General Inspectorate of Finance. The AGT reports to the Ministry of Finance and Economic Planning and operates under the supervision of the Tax Reform and Modernization Unit.

    The primary functions of the AGT include the assessment and collection of taxes, the enforcement of tax laws, and the management of tax-related information. Additionally, the AGT is responsible for carrying out tax audits, investigations, and inspections to ensure compliance with tax regulations. It also provides guidance to taxpayers through various channels, including its website, call center, and taxpayer service centers.

    The AGT has implemented various measures to enhance the efficiency of its tax collection process. For instance, it has introduced electronic filing and payment systems, making it easier for taxpayers to comply with tax regulations. The AGT has also increased its efforts to combat tax evasion and fraud by deploying advanced technology tools.

    Tax Compliance:

    Tax compliance can be challenging due to the complexity of the tax system and the lack of resources for the tax administration. It is important for taxpayers to keep accurate records and comply with all tax requirements to avoid penalties and fines.

    Conclusion:

    In conclusion, Angola has a progressive tax system with direct taxes, indirect taxes, and social security contributions. Furthermore, the tax rates vary depending on the income level and the type of tax. It also offers tax incentives to companies investing in certain sectors. The tax administration in is overseen by the General Tax Administration, and taxpayers must comply with all tax requirements to avoid penalties and fines.

    Introduction to Czech Republic Taxes
    Introduction to Czech Republic Taxes

    Czech Republic has a tax system that applies to both individuals and businesses. The tax system comprises various types of taxes, including income tax, value-added tax, and corporate tax. This section provides an overview of the Czech Republic taxes and how they apply to individuals and businesses.

    Personal Income Tax

    Personal income tax is levied on individuals who are residents of Czech Republic. The tax rates are progressive, with the current tax rates ranging from 15% to 32%. Individuals can deduct certain expenses such as healthcare and education costs from their taxable income.

    Social Security Contributions

    Social security contributions are mandatory for both employees and employers in Czech Republic. The contributions are used to fund the state social security system, which provides benefits such as pensions, sickness benefits, and unemployment benefits. The current rate of social security contributions is 31.5%, with the employer contributing 24.8% and the employee contributing 6.5%.

    Health Insurance Contributions

    Health insurance contributions are mandatory for both employees and employers in Czech Republic. The contributions are used to fund the state health insurance system, which provides healthcare benefits to individuals. The current rate of health insurance contributions is 9%, with the employer contributing 7.5% and the employee contributing 1.5%.

    Value-Added Taxes

    Value-added tax (VAT) is a tax on the value added to goods and services during the production and distribution process. The standard VAT rate in Czech Republic is 21%, with a reduced rate of 15% for certain goods and services, such as food and books.

    Corporate Income Taxes

    Corporate income tax is levied on companies that are registered in Czech Republic. The current rate of corporate income tax is 19%. Companies can deduct certain expenses such as wages, rent, and interest payments from their taxable income.

    Local Taxes

    Local taxes are levied by local authorities and are used to fund local services such as waste disposal, street lighting, and road maintenance. The current rates of local taxes vary depending on the location of the company or individual.

    Conclusion

    In conclusion, the tax system in Czech Republic is complex and comprises various types of taxes that apply to both individuals and businesses. Personal income tax, social security contributions, health insurance contributions, value-added tax, corporate income tax, and local taxes are some of the main taxes that individuals and businesses are subject to in Czech Republic. It is important to understand these taxes and their implications to ensure compliance with the tax laws in Czech Republic.

    UK Distance Selling Regulations
    UK Distance Selling Regulations

    Distance and online selling have become increasingly popular in recent years, especially in the wake of the COVID-19 pandemic. As a result, it’s important for businesses to understand the regulations surrounding these types of sales in the UK. In this blog post, we’ll explore the key regulations that businesses need to be aware of, including:

    1. Understanding the Distance Selling Regulations
    2. Meeting the Requirements for Distance Selling
    3. Complying with Consumer Contracts Regulations
    4. Fulfilling Obligations under the Electronic Commerce Regulations
    5. Protecting Customer Data under GDPR
    6. Adhering to Payment Services Regulations

    Let’s dive into each of these regulations in more detail.

    Understanding the Distance Selling Regulations

    The Distance Selling Regulations (DSRs) apply to any sales made to consumers at a distance, such as via a website or over the phone. Under these regulations, consumers have the right to cancel their order within 14 days of receiving the goods or service, without having to provide a reason. This is commonly known as the “cooling-off” period.

    Meeting the Requirements for Distance Selling

    In addition to the 14-day cooling-off period, businesses that engage in distance selling must provide customers with certain information before and after the sale. This includes details about the goods or services being sold, the total price (including taxes and delivery costs), and the business’s contact information. The business must also inform the customer of their cancellation rights and provide them with a cancellation form.

    Complying with Consumer Contracts Regulations

    The Consumer Contracts Regulations (CCRs) provide additional protections for consumers who buy goods or services online, including the right to cancel an order up to 14 days after receiving the goods or service, and the right to a refund if the goods are faulty or not as described. Businesses must also provide customers with a clear and concise explanation of their cancellation rights.

    Fulfilling Obligations under the Electronic Commerce Regulations

    The Electronic Commerce Regulations (ECRs) set out the requirements for businesses that sell goods or services online, including the need to provide customers with clear and concise information about the business and its products or services, the right to cancel an order within 14 days, and the ability to pay securely online. Businesses must also ensure that their website meets accessibility requirements and that they have appropriate systems in place to protect against fraud.

    Protecting Customer Data under GDPR

    The General Data Protection Regulation (GDPR) is a set of regulations that govern the collection, use, and storage of personal data by businesses. Any business that collects personal data from customers must comply with the GDPR, which includes obtaining explicit consent from customers to collect their data, providing them with access to their data, and ensuring that their data is stored securely.

    Adhering to Payment Services Regulations

    Finally, businesses that engage in online sales must adhere to the Payment Services Regulations (PSRs). These regulations set out the requirements for businesses that provide payment services to customers, including the need to obtain authorisation from the Financial Conduct Authority (FCA) and to have appropriate systems in place to protect against fraud and money laundering.

    In conclusion, distance and online selling can be a great way for businesses to reach a wider audience and increase their sales. However, it’s important to understand and comply with the regulations that govern these types of sales in the UK. By doing so, businesses can protect their customers and avoid costly fines and legal action.

    CEDA: Crypto and Economic Development Authority
    CEDA: Crypto and Economic Development Authority

    Introduction

    The Office of the Marshall Islands Cryptocurrency and Economic Development Authority (CEDA) is a government agency responsible for overseeing the country’s national cryptocurrency and regulating the cryptocurrency industry. This article provides an in-depth look at CEDA, its mandate, and its role in the development of the Marshall Islands’ economy.

    Mandate of CEDA

    CEDA was established to provide a regulatory framework for the cryptocurrency industry in the Marshall Islands. The agency is responsible for registering and licensing cryptocurrency businesses, as well as monitoring and enforcing compliance with relevant laws and regulations. In addition to regulating the cryptocurrency industry, it is also tasked with promoting economic development in the country. This includes attracting foreign investment, promoting entrepreneurship, and creating job opportunities for Marshallese citizens.

    Regulatory Framework OF CEDA

    CEDA has developed a comprehensive regulatory framework for the cryptocurrency industry in the Marshall Islands. This framework includes provisions for the registration and licensing of cryptocurrency businesses, as well as rules for the issuance and use of the Sovereign (SOV), the country’s national cryptocurrency. The agency also monitors and enforces compliance with anti-money laundering and counter-terrorism financing regulations.

    Registration and Licensing

    All cryptocurrency businesses operating in the Marshall Islands must register with themand obtain a license to operate. The registration process involves submitting detailed information about the business, including its ownership structure, business model, and source of funding. Once registered, businesses must comply with ongoing reporting requirements and submit to periodic audits by CEDA.

    Issuance and Use of SOV by CEDA

    They oversee the issuance and use of the Sovereign (SOV), the Marshall Islands’ national cryptocurrency. The SOV is intended to serve as a legal tender alongside the US dollar, which is currently the country’s official currency. The issuance of the SOV is subject to strict rules and regulations, and the cryptocurrency is designed to be used for a variety of purposes, including payments, investments, and savings.

    AML/CFT Compliance

    CEDA is responsible for monitoring and enforcing compliance with anti-money laundering (AML) and counter-terrorism financing (CFT) regulations in the cryptocurrency industry. The agency works closely with the Financial Intelligence Unit (FIU) and other government agencies to detect and prevent illicit activities. Such as money laundering, terrorist financing, and other forms of financial crime.

    Promoting Economic Development

    In addition to its regulatory role, CEDA is also tasked with promoting economic development in the Marshall Islands. This includes attracting foreign investment, promoting entrepreneurship, and creating job opportunities for Marshallese citizens. The agency works closely with other government agencies and private sector organizations to identify opportunities for economic growth and development.

    Attracting Foreign Investment

    CEDA plays a key role in attracting foreign investment to the Marshall Islands. The agency promotes the country as an attractive destination for blockchain and cryptocurrency businesses. Highlighting its favorable regulatory environment and strategic location in the Pacific region. CEDA also provides support and assistance to foreign investors. Helping them navigate the regulatory landscape and establish operations in the country.

    Promoting Entrepreneurship

    CEDA is committed to promoting entrepreneurship in the Marshall Islands. The agency provides training and support to local entrepreneurs. Helping them start and grow businesses in the cryptocurrency and other sectors. CEDA also works closely with educational institutions to develop curricula and programs that support entrepreneurship and innovation.

    Creating Job Opportunities

    CEDA’s efforts to promote economic development in the Marshall Islands have led to the creation of new job opportunities. The agency works closely with the private sector to identify employment opportunities in the cryptocurrency and other sectors. CEDA also provides training and support to local workers, helping them acquire the skills and knowledge needed to succeed in the new economy.

    Gambling Laws in The United Kingdom
    Gambling Laws in The United Kingdom

    Gambling has a long history in the United Kingdom, and it remains a popular activity today. However, with the rise of online gambling, regulations have become increasingly important to ensure that the industry is fair and safe for players. In this blog post, we’ll provide an overview of the gambling laws in the United Kingdom, including the key regulations and requirements for operators and players.

    The Gambling Commission

    The Gambling Commission is the regulatory body responsible for overseeing gambling in the United Kingdom. The Commission was established under the Gambling Act 2005 and has a wide range of powers to ensure that the industry is fair and transparent. Its main responsibilities include:

    • Issuing licenses to gambling operators
    • Enforcing compliance with regulations
    • Investigating and prosecuting illegal gambling activities
    • Providing advice and guidance to operators and players

    Licenses

    In order to offer gambling services in the United Kingdom, operators must obtain a license from the Gambling Commission. There are three main types of licenses available:

    • Operating license: This is required for any business that offers gambling services to consumers in the United Kingdom, including online operators and land-based casinos.
    • Personal license: This is required for individuals who hold positions of authority within a gambling business, such as directors or managers.
    • Premises license: This is required for land-based gambling businesses, such as casinos and betting shops.

    Gambling Laws and Regulations

    The Gambling Commission has a set of regulations that all licensed operators must comply with. These include:

    • Age verification: Operators must verify the age of their customers before allowing them to gamble. This can be done using a variety of methods, such as ID checks and credit reference agencies.
    • Anti-money laundering: Operators must have measures in place to prevent money laundering. Such as KYC (know your customer) checks and reporting suspicious activity.
    • Responsible gambling: Operators must have policies and procedures in place to promote responsible gambling. Such as self-exclusion schemes and limits on deposits and stakes.
    • Advertising and marketing: Operators must ensure that their advertising and marketing is not misleading or targeted at vulnerable individuals. Such as children or those with gambling problems.
    • Technical standards: Operators must meet technical standards to ensure that their games are fair and transparent, and that customer data is secure.

    Penalties for non adherence to Gambling Laws

    The Gambling Commission has the power to investigate and prosecute operators who breach regulations. Penalties can include fines, suspension or revocation of licenses, and even imprisonment. In addition, the Commission can take action against individuals who hold personal licenses. Such as directors or managers, if they are found to have breached regulations.

    Player Protection

    In addition to regulating operators, the Gambling Commission also has a responsibility to protect players. The Commission provides advice and guidance to players, as well as access to dispute resolution services if they encounter problems with an operator.

    One of the key tools for player protection is the self-exclusion scheme. This allows players to voluntarily exclude themselves from all gambling activities for a set period of time, usually between six months and five years. Operators are required to offer self-exclusion as part of their responsible gambling policies.

    Another tool for player protection is the GamStop scheme. This is a free service that allows players to self-exclude from all online gambling operators licensed by the Gambling Commission. Once a player has registered with GamStop, they will be excluded from all participating operators for a set period of time.

    Gambling Laws Conclusion

    The gambling laws in the United Kingdom are designed to protect players and ensure that the industry is fair and transparent. The Gambling Commission has a wide range of powers to enforce regulations and investigate illegal activities. Operators must comply with a set of regulations, including age verification, anti-money laundering, responsible gambling, advertising and marketing, and technical standards. Penalties for breaching regulations can include fines, suspension or revocation

    Gambling Law in the Czech Republic
    Gambling Law in the Czech Republic

    Gambling Law in the Czech Republic allows for a broad range of online and offline gambling options. The Gambling industry however is highly regulated, with a number of regional requirements you need to fill if you want your gambling site to be accessible there. While Gambling permits are likely to have high bars for entry for licencing, it may seem as though this would be an obstacle. However regulation of a gambling site ensures safety for both the site owner and visitor. Being in an established country in the European union is good for site trust.

    Gambling is defined in Czech law in Section 3 of Act No. 186/2016 on gambling (the Gambling Act).

    Furthermore, The Gambling Act separates things into Eight types of gambling described below. If a game doesn’t fit any of the requirements bellow is strictly prohibited (even if it fits the general definition). Therefore, operators need to make sure that their games either fall into one of these eightcategories. Or do not satisfy the general definition (e.g. no bet involved or a skill-based game); otherwise, they risk non-compliance.

    Games as Defined in Gambling Law in the Czech Republic

    LotteryA number-based cash prized lottery (instant draw lottery inclusive).
    Odds bettingA game where a win is subject to guessing the outcome of an event. The prize is determined based on the likelihood of winning, also known as odds.
    Totalisator gameThis is the same as an odds-based game except the prize is based on a percentage of the money wagered, divided among all the people who correctly placed the odds.
    BingoA game where winning is subject to achieving the full pattern of numbers on the ticket. The pattern is marked off by the better based on the randomly drawn numbers that are called out, neither the number of the betters nor the pay-outs are determined in advance.
    Small-size tournamentA knockout style card game tournament, where the number of the game participants has been agreed in advance and the total deposits by each gambling participant in one tournament does not exceed 500 koruna per 24 hours.
    Technical gameA game operated through a device directly made available to the player (such as, slot machines, electromechanical roulettes and electromechanical dice).
    Live gameA game in which the players play against the house or one another at the live game tables, the number of betters and bets in a round of betting are not pre-determined.
    RaffleA game where wins are determined based on a draw that includes only the tickets that were sold.

    How additional acts are viewed in Gambling Law in the Czech Republic

    A free prize draw is close to a ‘consumer lottery’ in traditional Czech law. Because of this it is subject to additional conditions deriving from consumer protection laws, these types of games will be permissible. The Gambling Act itself does not limit consumer lotteries because they are considered a business practice (See: Directive 2005/29/EC), they are basically not considered gambling. While Pool betting is the same as totalisator games and, is allowed.

    Gambling Policy

    Gambling is allowed under the Gambling Act. Every person who applies for a gambling licence can obtain it, as long as the regulatory requirements are met. Although, individual municipalities may decide to restrict gambling within their city limits. Although, Municipalities were given the ability to restrict physical locations, they have no influence on the operation of online gambling.

    Offshore gambling

    When it was written one of the intentions of the Gambling Act was to give the Ministry a way of stopping offshore gambling operators from offering their services to Czech citizens. When this came into force the Ministry was granted the power to place a gambling operator without a Czech licence. Therefore this means if you want your site to be available to Czech Citizens you will need a Czech formed company and a Czech issued licence. Once blacklisted, payment and internet connection providers are obligated to block payments and internet connections to such entities.

    Related Laws

    The relevant gambling legislation in the Czech Republic is as follows:

    1. Act No. 186/2016 on Gambling, which sets out the basis for gambling legislation;
    2. Act No. 187/2016 on Gambling Tax, specifying the gambling tax obligations of gambling operators (tax rate, tax calculation, tax period, etc.);
    3. Act No. 280/2009 the Tax Code, which covers all tax-related proceedings (gambling, income, VAT, etc.);
    4. Act No. 500/2004 on the Administrative Code, specifying the rules for administrative proceedings (e.g., licencing, emplacing on the blacklist);
    5. Act No. 586/1992 on Income Tax;
    6. Act No. 40/2009 the Criminal Code (operation of unlicensed gambling constitutes a criminal offence);
    7. Act. No 40/1995 on Regulation of Advertising;
    8. Act No. 253/2008 the Anti-Money Laundering Act; and
    9. individual decrees issued by municipalities restricting gambling within their city limits.

    This article serves as a basic introduction to Czech gambling regulations, studying the finite regulations is highly involved and while it is important you take the time to understand as much of them as you can, it is advisable to find a good Czech lawyer versed in the industry to help you stay on course. Therefore, We assume no legal liability should you attempt to navigate business operations using our blog as your legal reference.

    New Gambling Legislation in Germany
    New Gambling Legislation in Germany

    New gambling legislation in Germany makes it easier to start online casinos. Prior to 2020 setting up an online gambling business in Germany was problematic. Gambling was regulated at Both a state and national level. While land based Casinos, sports betting and horseracing were allowed, but previously casino games were only allowed in Schleswig-Holstein. Its important to note states did and continue to have a monopoly on lotteries .

    As of July 2021 the new German Interstate Treaty on Gambling went into force. This sees Germany expanding into one of Europe’s biggest economy. While Germany had been working on this legislation for quite some time. Whether or not economic losses due to the COVID pandemic led to the acceleration of its execution, is something that has been highly speculated.

    The new Gambling legislation recognises four categories of betting products:

    • Online Casino Table Games
    • Virtual Slots
    • Online Poker
    • Sports Betting

    What restrictions exist in the new Legislation?

    Virtual slots and online poker have the most relax approach with open licencing models. The states have final say on Casino table Games like roulette and baccarat. While sports betting licences are still issued but have new in play gambling restrictions. Sports betting, poker and Virtual slot machine license can be valid for up to 5 years. Whereas Casino Table Games Licences are Valid for up to 7. The number of licenses available will correspond to the number of land-based casino license holders in that state. 

    Advertising Restrictions.

    Advertising for sports betting is not allowed during sports events. This particular restriction is similar to the UKGCs whistle-to-whistle ban in the UK. However in addition to this restriction sportsbooks cannot advertise in the period leading up to the game. Advertising of online casinos, slot and poker games is prohibited between 6am and 9pm.

    This is a fairly loose outline of the new legislation and of course if you plan to start a gambling company in Germany you will need to look at the specific licence criteria for your business model… But of course we can help you with that.