How to Start a Gambling Company in Liberia
Unlike many jurisdictions, Liberia does not require online gambling operators to set up a company before the licensing process. A company incorporation is possible only when the applicant will get In-Principal approval from the local regulator after the NLA’s initial suitability screening.
The company is typically incorporated as a limited liability company. The Articles of Association must state that the business purpose includes “online casino and gaming”.
Otherwise, the company incorporation process is the same as everywhere else.
Step 1. Reserve Your Company Name
We help you first check the availability of your proposed company name through the Liberia Business Registry (LBR). The name must be unique and typically must end with the designation “Limited Liability Company” or the abbreviation “LLC”.
Step 2. Appoint a Registered Agent and Office
All Liberian LLCs must maintain a Registered Agent to file documents on your behalf if you are non-resident and a Registered Office in Liberia, which is valid for one year, the same as the license.
Step 3. Prepare Company Documents
At this step we help you to fill out the registration form, detail the company’s purpose and structure, obtain a Tax Identification Number (TIN) from the Ministry of Finance upon application, as well as get copies of your personal documents and other key personnel of the company.
Step 4. Submit Documents to the LBR
Here we submit an application and all required documents to the Liberia Business Registry (LBR). Upon approval, the LBR issues a Certificate of Incorporation, officially establishing your Limited Liability Company.
From that moment, we can continue obtaining your international online casino and gaming license in Liberia.
Types of Licenses for Gambling in Liberia
The NLA introduced two types of licenses, designed to specific gaming activities.
License for Gaming Operators
This is a B2C license that is required for any operator or manager who operates as a gaming facility operator, a lottery operator, a lottery retailer, Internet gaming operator, sports wagering operator, and online casino operator.
Gaming-Related Vendors
This is a B2B license required for any company supplying goods or services related to gaming equipment through a Liberian entity.
Regardless of the exact type of license you need, the required documents are the same for both categories, as well as the licensing process steps.
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If you have any questions
If you have any questions
Overview of the Liberia Gambling License
Liberia’s online gaming license gives operators a stable foundation. Liberia is a country located in West Africa with a coastline on the Atlantic Ocean. The country has a strong American influence, so English is the official language. Overall, it’s a stable jurisdiction for basing a business you plan to grow for many years.
A license also provides you with instant credibility and access to work seamlessly with leading payment processors, software providers, and financial institutions.
The local regulatory authorities work on enhancing their reputation and player confidence. Therefore, the NLA carefully selects its licensees, ensuring only the most reputable operators are approved. As a result, this approach helps to build a safer and more transparent environment, one which international banks, payment providers, and industry suppliers can rely on with confidence.
Another major benefit for online gambling entrepreneurs is that their information won’t be public. This means the personal details of the UBOs (Ultimate Beneficial Owners) will be inaccessible to their competitors and customers.
The regulatory body employs a selective approach, approving only the most reputable “top-tier” operators. As a result, it creates a safer and more transparent environment for banks and suppliers and will enhance the jurisdiction’s reputation in the future.
Renewing Liberia Gaming License
The license you receive is valid for one year, which means you will need to complete the renewal process annually. The first year’s fee is €50,000. For renewals, the fee stays the same as the annual licensing fee charge unless the National Licensing Authority (NLA) formally announces a change.
To ensure your license remains in good standing, you must continuously manage specific aspects of your business, from your team to your technology.
First of all, it is vital that your key personnel continuously meet the “fit & proper” standards. Furthermore, the regulator needs to stay informed: you must seek pre-approval and notify them immediately of any changes concerning your key roles, ownership structure, corporate control, or overall company organization.
The same applies to the documentation. You are required to maintain a comprehensive, written record of your risk assessment, an AML/CFT policy, and an ongoing monitoring and CDD (Customer Due Diligence) program.
When onboarding players, you must complete your KYC (Know Your Customer) policy and verify the player's age and identity before they make their first deposit, adhering strictly to the regulatory timeline.
This also involves screening players against PEP (Politically Exposed Persons) and sanctions lists. You must also file all required reports promptly.
But the list of requirements does not end here. You must offer effective tools to help players stay in control, such as providing limits on deposits, losses, and time spent, along with session reality checks, time-outs, and self-exclusion options.
The regulator expects operators to use games and RNGs certified by an approved test lab, meet GDPR compliance, cross-border transfer mechanisms, enforce geo-blocking of restricted jurisdictions, and use approved payment methods. This is essential to the renewal process to maintain affiliate governance in advertisement, keep complete records for the statutory retention period, and maintain ongoing compliance.
Gambling Regulations in Liberia
The only licensing and regulatory body is the National Lottery Authority (NLA), which represents itself by offering a world-class regulatory framework designed to ensure stability, compliance, and global trust.
The regulatory framework operates on a Rigorous Compliance standard, meaning the NLA selectively approves only top-tier operators to maintain the integrity of the sector.
Speaking of the licensing process, it is moderate, though it mandates robust AML and CFT policies, Responsible Gaming policies, as well as governance and local presence.
Fees & Taxes of the Liberia Gambling License
The Liberia gambling license is one of the most affordable on the global iGaming market, becoming an attractive option for reliable operators looking to expand on the international market.
Initial Licensing Fees (One-Time Payment)
The initial licensing fee is €50,000. This charge covers the license itself plus the provision of a local bank account, a unique business address, and a local AML officer for the first year.
Renewal Costs (Every Year)
Since the license is valid for one year, operators need to renew it annually. The current initial price of €50,000 is presumed to be the annual renewal fee for subsequent years.
Comparison with Others Licenses
Compare the Nevis Gambling License with other major jurisdictions in terms of cost, processing time, and regulatory requirements.
