Home . License Fees & Regulation
License Fees & Regulation
Licensing Fees
The applicant must pay certain license fees in order to operate an iGaming business in Montenegro. These costs differ based on the type of gaming service provided, the size of the business, and other elements. The different types of fees that an operator can have to pay are as follows:
1. Application Fee
A fee is payable when submitting an application for an iGaming license. This fee is for initial processing, including background checks and application verification. The standard fee for submitting an application is €5,000.
2. License Issuance Fee
As soon as the application is approved, the Operator pays a one-time fee for the issuance of the iGaming license. It ensures that the operator's application complies with the regulatory requirements. The standard license issuance fee is EUR 25,000 for the first year of operation.
3. License Renewal Fee
Beyond the first year, operators must renew the license annually to continue operating in Montenegro. The renewal fee is EUR 15,000 per year and is payable on the anniversary of the license issuance. Unpaid renewal fees may result in suspension or revocation of the license.
4. Gaming Taxes
Along with license fees, operators must pay taxes based on gross gaming revenue (GGR). Standard gaming tax rate in Montenegro is 15% of gross gaming revenue. The tax is paid quarterly and operators must submit detailed tax reports to the Montenegro Gaming Authority to ensure compliance.
Here is a table summarizing the types of gaming licenses and their associated fees:
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License Type
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Initial Issuance Fee (1st Year)
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Annual Renewal Fee
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Regulatory Requirements
iGaming license applicants in Montenegro must comply with a number of regulatory requirements to ensure fair competition, player protection and operational integrity:
1. Corporate Structure
Operators must create a legal entity in Montenegro, registered under its laws and have a physical presence in the country to guarantee accountability.
2. Operational Standards
Operators are required to maintain high standards, including secure payment systems, anti-money laundering (AML) measures and responsible gaming policies, consistent with international AML regulations.
3. Gaming Fairness and Player Protection
All games must be regularly audited for fairness by an independent body. Operators will also be required to put in place player protection measures from data security, age verification and responsible gambling options.
4. AML and KYC Compliance
Operators must maintain strict Know Your Customer (KYC) programs to verify player identities and monitor financial transactions for illegal activities such as money laundering.
5. Software Certification
Gaming software used by the operator must be approved for fairness and transparency by a recognized third-party testing organization to meet regulatory standards.
6. Advertising and Marketing Regulations
Marketing must comply with the guidelines of the Montenegro Gaming Authority by ensuring that advertisements are truthful and free of misinformation, and avoid targeting minors or disadvantaged people.