Starting an iGaming business in the UAE involves a clear, step-by-step process that takes your idea from concept to a fully licensed and operational company. Each stage is crucial, ensuring your venture complies with regulations and is set up for success. Here's a breakdown of the journey.
Step 1: Initial Consultation and Information Gathering
The process kicks off with a detailed consultation to understand your business model and regulatory needs. MGL works closely with you to map out your iGaming operations, whether it’s an online casino, sports betting platform, or other gaming services.
This stage involves collecting key documents: completed application forms, a business plan, passport copies with specimen signatures, and proof of address. If you're setting up as a corporate entity, you'll also need two years of audited financial reports or a bank reference certificate. Identifying the right jurisdiction for your business is another critical part of this phase.
Since the General Commercial Gaming Regulatory Authority (GCGRA) began issuing licences in 2024, the regulatory framework has been evolving rapidly, with 16 iGaming licences already granted. A business brief outlining your gaming concept must be submitted to the relevant Free Zone Director for approval.
Step 2: Jurisdiction Selection and Documentation
Once your business model is clear, the next step is choosing the ideal jurisdiction - Free Zone, Mainland, or Offshore - depending on your goals and operational needs. Free Zones are often the go-to choice for iGaming businesses due to benefits like 100% foreign ownership, tax exemptions, and efficient processes.
MGL helps you evaluate factors such as market focus, budget, and infrastructure to tailor the best setup. During this phase, essential legal documents are prepared, including the Memorandum of Association, Board Resolution appointing your Manager/Director, and Power of Attorney. For businesses needing access to the UAE Mainland market, a hybrid approach may be recommended, combining a Free Zone entity for international operations with a Mainland branch for local clients.
Additional documentation - like trade name reservation certificates, Registry Identification Code Forms, and AML/KYC compliance policies - is also organised. With everything in place, you're ready to move forward with company registration.
Step 3: Company Registration and Licensing
The final step is registering your company and obtaining the necessary licences. MGL handles the entire submission process, ensuring all documents meet jurisdictional requirements. Free Zone companies receive a Certificate of Incorporation from the respective free zone authority, while Mainland companies obtain theirs from the Department of Economic Development.
MGL ensures your application aligns with gaming-specific regulations and compliance standards. Once registered, they also assist with opening bank accounts and connecting you to reliable payment solution providers, making the transition to operational status seamless.
The time it takes to complete this stage depends on the structure you choose. Free Zones generally offer a quicker setup (1–3 weeks), while Mainland setups may take 2–4 weeks due to additional approvals. Once the process is complete, you'll have all the certificates, licences, and documentation needed to launch your business, ready to thrive in the UAE’s dynamic iGaming market.
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If you have any questions
If you have any questions
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