The Malta Gaming Authority’s (MGA) regulatory overhaul has made significant progress to the iGaming industry in recent years.
The Malta Gaming Authority aims to continue building on its success in the online gaming industry by enhancing consumer protection standards and responsible gaming measures whilst promoting a risk-based approach towards regulation. It has also adopted a forward-looking approach by catering for regulation in connection with virtual currencies and distributed ledger technology (DLT) in the gaming arena.
By anticipating the industry’s growing and ever-changing needs as well as providing the required legislative framework to support such developments, Malta is said to be the ultimate jurisdiction for licensing and regulations of online gaming companies and, consequently, one of the global leaders in this sector.
With over 40 years of experience in Malta, BDO has learnt to take the time and make the effort required to understand our clients’ business models as a first step. BDO’s partners and staff are specialists in their respective fields and have a proactive, flexible approach to helping companies to overcome the challenges they face. Through BDO's professional expertise, international network and by working directly with businesses, we’ve developed a unique insight into what makes a business successful. It’s this insight that makes us true business advisers, rather than mere finance consultants.
For several years, BDO has acted as legal counsel, iGaming tax advisors and consultants to numerous Maltese and international gaming and betting companies. We also have extensive experience in advising Gaming businesses during the licence application process and accordingly assisting with the information and documentation required by the Malta Gaming Authority.
Our fully-fledged legal department assists at every step of the way, in order to ensure that the necessary statutory requirements for the successful creation and maintenance of your gaming company are met. Such service extends to assistance with drafting and completion of your business plan, policies, procedures and memorandum and articles of association, liaising with the Malta Gaming Authority and Malta Business Registry, opening and maintenance of bank account/s, provision of directorship, company secretary and key individual services, VAT registration, iGaming tax and Gaming compliance audit services.
Apart from being part of an international network, at BDO we are well known for our business-friendly practices where we promote an environment that encourages innovation. We will be there with you throughout your journey in order to facilitate and assist you in any way we can to ensure the smooth and successful running of your gaming business.
Read more about BDO's licence application process.
Get in touch with BDO's Remote Gaming Advisory team today.
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