Casino License

Casino tax is administered under Act No. 6 of 1993.

Any individual, group or company wanting to conduct a Casino business in the country is required to obtain a Casino License.

Procedure in obtaining a Casino License:

• Submit  a completed application form and project proposal to the Minister of Finance 
• Minister of Finance in consultation with the Minister of Internal Affairs consider the application
• Application forwarded to Council of Ministers together with the recommendations
• If approved, the Minister of Finance grants license with the Terms and Conditions.
• The approved application is to be submitted with the following documents to the Rate and Taxes office for payment and issue of the Casino License;

             - Terms and Conditions of the license, 

             - Floor plan 

• If rejected, the Minister of Finance let the applicant knows of the decision made
• Casino License Fee: VT 1,000,0000
• Casino license expires every 31st December of the licensing year.

Casino License Renewal: 

Every renewal applications have to be submitted with a current floor plan before 31st of December each year.

Casino Tax:

Casino licensees’ are required under the casino Act to lodge and pay casino tax every month. 

• Casino Tax: 15% of the totals gross profit.
• Due Date: Returns are to be lodged on a monthly basis on or before the last working day of the following month.
• Late returns carry a penalty of 20% per annum on tax payable.

(click here to access application form)