Перу

Gambling License

Operators must pay a 12% special tax on their net profit. They can only use fiat currency; cryptocurrencies are forbidden. All software and games, including RNGs, must be certified by approved labs, while all player data and transaction records must be kept on servers located within Peru. It’s required to provide MINCETUR with real-time data or detailed reports for monitoring, following strict AML/KYC protocols and implementing Responsible Gaming standards. Furthermore, only licensed operators can advertise or sponsor sports, and they must follow specific rules.

An online gambling license in Peru is valid for six years and is renewable for equal periods upon expiry.

The overall process, from initial setup to obtaining the final license, is estimated to take between 8 to 14 months. While the regulator is typically required to resolve the authorization request for a technological platform within a period of no more than 30 business days after submission, the comprehensive compliance and certification process takes substantially longer.

The two most important fixed costs are the financial guarantee and the licensing fee. The guarantee is the higher of two amounts: 3% of your yearly profit or 2.97 million Peruvian Soles. 

Other ongoing operating costs include a 12% tax on your net profits, plus the usual corporate income tax. You also pay for things like developing your platform, technical checks, lawyers, staff, and marketing. For advertising, remember that 1% of that budget must be used for responsible gambling programs.

The primary regulatory body for online casinos, remote gaming, and remote sports betting in Peru is the Ministry of Foreign Trade and Tourism (MINCETUR). Specifically, this job is done by a part of MINCETUR called the General Directorate of Casino Games and Slot Machines (DGJCMT). Recently, they also started taking care of online gambling, through a new department.

The process starts with setting up a local legal entity in Peru or operating through a Peruvian branch of a foreign company. Next, you give all the needed papers to the government. Also, your gaming website and games must be checked and approved by special testing labs. All player information must be kept on computers inside Peru. 

You must follow strict rules to stop money laundering (AML/KYC) and to help people play responsibly. Finally, you must give a financial guarantee (a promise of money) to MINCETUR. This whole process takes about 8 to 14 months.

Yes, online gambling and sports betting are legal and fully regulated in Peru, allowing B2B and B2C operators to obtain a local license.