Alderney is one of the British Channel Islands.
The Alderney Gambling Control Commission (AGCC) was established in 2000 and currently is one of the most high-profile and authoritative online gambling jurisdictions. The Commission’s work is based on the Alderney Gambling Law dated 1999. Licenses issued by this jurisdiction are included into British whitelist and enjoy very high confidence of players.
The major target of the Commission is to control honesty of companies, adhere to all standards and requirements, and protect consumer rights. To reach these goals the Commission cooperates with law enforcement agencies and provides player complaints procedures.
AGCC has renewed and changed gambling jurisdiction several times in order to meet the world’s online business requirements and keep up with the developing industry.
Alderney licenses’ categories and types
Nowadays the Alderney Commission offers operators licenses of two categories: В2В and В2С.
The first license category (business-to-customer): issued to operators who work directly with clients.
The second license category (business-to-business): issued to operators for signing contracts with software providers of games, casino software etc.
Due to these two categories, the Commission issues 4 license types:
- eGambling license (for all gambling kinds)
- Associate certificates
- Hosting certificate
- Temporary eGambling licenses
The whole gambling license includes all gambling kinds and allows the owner to conduct any gambling legal acts. The cost of this license is around £70,000 per year.
Requirements to licensees
The Alderney license procedure is the multistage, demanding process required lots of time, but afterwards the operator will receive the license of one of the most authoritative jurisdiction.
The main requirements are:
- Company registration in Alderney;
- Business plan providing;
- Information about software providers, equipment certificates;
- Bank deposits certifying documents;
- Game content list;
- Information about online casino leaders and employees.
Alderney license advantages
Obtaining Alderney licenses provides a lot of opportunities for operators and gives a range of advantages.
First of all, this license enjoys very high confidence of players, because consumer rights are protected by the Commission. Hereafter, the casino with license Alderney receives the status of honest, legal business operating company in accordance with international standards. And the main advantage for operators is a further opportunity of receiving the untaxed property company status. Thus, sooner or later, the company will be able to exchange the income tax for a single annual tax, which doesn’t depend on the annual income. Moreover, services are not subject to VAT or any other taxes.