Our highly experienced egaming team are on hand to deal with all your software licensing needs
The Isle of Man is one of the premier jurisdictions for regulated online gambling.
If your business model involves selling services or software to other egaming businesses, you can elect to apply for the Software Supplier Licence.
This licence is elective rather than mandatory. However many software businesses choose to become licensed in order to demonstrate adherence to top-tier Isle of Man standards. As a result this gives reassurance to B2B partners such as operators, banks, payment processors, investors, shareholders and others. Further to this, a software supplier holding a licence can have their products listed as approved on The Isle of Man Gambling Supervision Commission Approved Software Register. Any Isle of Man B2C operator can then deploy these games on their site without needing to acquire RNG testing certificates, as the GSC will have already received these from the software supplier. As well as software developers, the licence can also be applicable to other service providers in the gaming industry such as affiliates and live dealer studios.
Software Licensing | What we do
With our background of over 20 years experience in the egaming sector and having obtained, on behalf of a client, the first software supplier licence to be granted by the GSC, our egaming specialist are ideally placed to assist you with your licence application.
Our dedicated team can guide you through and project manage the whole licencing process.
We will work with you in the preparation of your business plan, the compilation of your licence application and associated procedures and liaise with the GSC on your behalf.
As part of the process we can also assist with
- Provision of company directors and secretary
- Provision of Money Laundering Reporting Officer
- Establishing bank accounts
- Company Incorporation
- VAT registration, if needed
- Liaising with payment solution providers and hosting providers
Once your licence has been granted our egaming team support you with the operational and compliance aspect of your business or if required can provide a fully managed service.
Talk to us today
If you need to talk to someone around software licensing on the Isle of Man, then take the first step. You can email enquiries@mannbenham.com or call us on 01624 639350 to arrange your free consultation with us today.
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