The iGaming industry is growing rapidly, with operators constantly seeking new, regulated markets to expand their businesses. One of the most promising destinations in the European Union (EU) is Romania. With its transparent regulations, competitive tax rates, and growing market, obtaining a Romania iGaming license can offer your business a significant edge.
Why Choose Romania?
As an EU member state, Romania offers iGaming operators a stable and transparent legal framework, making it an appealing choice for both new and established businesses. The Romanian National Gambling Office (ONJN) regulates the country’s gambling industry, ensuring operators comply with strict standards for player protection, fair play, and anti-money laundering (AML) measures.
By obtaining a Romania iGaming license, operators can:
- Enter the EU Market: Romania’s EU membership gives license holders access to a regulated and stable market across Europe.
- Enjoy Competitive Taxes: Romania offers favorable tax rates for iGaming businesses, including a 16% profit tax and a 23% tax on gross gaming revenue (GGR).
- Leverage a Growing Market: The online gaming industry in Romania is expanding, presenting new opportunities for businesses to capture a rising number of players.
Types of Romania Gaming Licenses
Romania offers two key types of licenses for iGaming operators:
- Class 1 License: Tailored for business-to-consumer (B2C) operators providing direct gambling services to Romanian players. This includes online casinos, sports betting platforms, and poker.
- Class 2 License: Designed for business-to-business (B2B) service providers such as software developers, payment processors, and affiliates that work with licensed iGaming operators.
Requirements for a Romania iGaming License
To secure a Romania iGaming license, operators must fulfill several key requirements:
- Company Formation: A legal entity must be established in Romania or another EU/EEA country.
- Financial Stability: Operators must prove their financial solvency with audited financial reports.
- Compliance with AML & KYC: Strict adherence to AML regulations and Know Your Customer (KYC) protocols is mandatory to ensure the integrity of the gaming operations.
- Software Audits: All gaming software and systems must be certified by an accredited body.
- Tax Obligations: Licensed operators are required to pay a 16% corporate tax on profits, as well as a 23% tax on gross gaming revenues.
Benefits of a Romania iGaming License
Obtaining a Romania iGaming license offers numerous advantages, including:
- Access to the European Market: A Romanian license grants operators the ability to expand their business across the EU, benefiting from a vast and regulated market.
- Trust and Credibility: The Romanian regulatory framework, overseen by the ONJN, ensures that operators licensed in Romania meet the highest standards of compliance and fairness, enhancing trust with players.
- Cost-Effective: Romania’s competitive tax rates and reasonable licensing fees make it an attractive destination for operators looking to optimize profitability.
- Growing Market Potential: Romania’s iGaming industry is experiencing rapid growth, creating ample opportunities for operators to capture market share.
How to Obtain a Romania iGaming License
Applying for a Romania iGaming license may seem complex, but with the right support, the process can be straightforward. At E&S Group, we specialize in helping operators navigate the entire licensing process, from company formation to full compliance. Our expert team will guide you through every step, ensuring that your business meets all regulatory requirements and is positioned for success in the Romanian market.
Conclusion
If you’re considering expanding your iGaming business into the European market, obtaining a Romania iGaming license is a strategic move. With its transparent regulations, growing market, and competitive tax structure, Romania provides a solid foundation for long-term success. Partnering with a trusted legal and corporate advisory firm like E&S Group will ensure a smooth, hassle-free licensing process, allowing you to focus on growing your business.
Ready to learn more? Visit our in-depth guide on the Romania Gaming License and discover how E&S Group can help you enter this promising market.
