Romania Gaming License

Overview of the Romania iGaming License

Romania is an attractive market for iGaming operators looking to expand into the European Union. The country offers a regulated and transparent licensing process, making it ideal for both new and established operators. The Romanian National Gambling Office (ONJN) oversees the issuance and management of iGaming licenses in Romania.

Why Choose Romania for Your iGaming License?

• EU Member State: As a member of the European Union, Romania provides operators access to a stable and secure legal framework.
• Growing Market: The Romanian gaming market is growing rapidly, making it an ideal location for online gaming businesses.
• Tax Benefits: Romania offers competitive tax rates for operators, making it a cost-effective option.
• Strict but Transparent Regulations: Operators licensed in Romania are seen as trustworthy due to the country’s strict but fair regulatory environment.

Types of iGaming Licenses in Romania

Romania offers two types of licenses for iGaming operators:

1. Class 1 License: For operators directly involved in offering online gambling services to players (B2C). This license is necessary for all types of iGaming activities such as sports betting, casino games, poker, and lotteries.
2. Class 2 License: For businesses providing services to licensed iGaming operators, such as software providers, affiliates, and payment processors (B2B).

Romania iGaming License Requirements

To obtain an iGaming license in Romania, operators must meet several key requirements:

1. Company Formation: You must form a legal entity in Romania or another EU/EEA country. This entity will be the license holder.
2. Financial Background: Operators must demonstrate financial stability by providing audited financial statements and proof of capital.
3. AML and KYC Compliance: The licensee must adhere to anti-money laundering (AML) and Know Your Customer (KYC) regulations as per Romanian law.
4. Technical and Software Audits: All gaming software and systems must be audited and certified by an accredited body.
5. Licensing Fees: There is an initial licensing fee as well as ongoing taxes and compliance costs associated with maintaining the license. These include a 16% profit tax and a 23% tax on revenues from online gaming activities.

License Duration and Renewal

The Romania iGaming license is typically issued for a period of 10 years. License holders are required to submit periodic reports and undergo regular audits to ensure compliance with ONJN regulations. Renewal of the license is possible as long as the operator remains compliant with the applicable laws.

How E&S Group Can Help

At E&S Group, we specialize in providing seamless licensing solutions for iGaming operators. We offer full support from company formation, compliance assistance, to ongoing legal support for maintaining your Romanian iGaming license.

Key Services We Offer:

• Company Formation: Assistance in setting up your entity in Romania or an EU/EEA country.
• Compliance Guidance: We help you navigate the complex regulatory landscape, ensuring full compliance with Romanian law.
• Tax Optimization: Our tax experts help you manage the financial obligations linked to your iGaming operations.
• Ongoing Legal Support: We provide ongoing support to maintain your license and ensure continuous compliance.

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Contact Us For more information on how to get started with a Romanian iGaming license, contact us today.
Contact Karl: LinkedIn
Contact Deborah: LinkedIn
Email: corporate@ellulschranz.com

Romania iGaming License: Frequently Asked Questions (FAQs)

1. Who regulates iGaming in Romania?

The Romanian National Gambling Office (ONJN) regulates all iGaming activities in Romania.

2. What types of iGaming licenses are available in Romania?

Romania offers two main types of licenses:

• Class 1 License: For B2C operators providing direct gaming services (e.g., casinos, sports betting).
• Class 2 License: For B2B providers offering services to operators (e.g., software providers, payment processors).

3. Can a foreign company apply for a Romanian iGaming license?

Yes, a foreign company can apply, but you must establish a legal entity in Romania or another EU/EEA country to be eligible for the license.

4. How long does it take to get a Romania iGaming license?

The process can take several months, depending on how quickly you can meet the requirements, including company formation, compliance checks, and software audits.

5. What are the key compliance requirements?

• AML/KYC compliance: Adhering to Romanian anti-money laundering and know your customer regulations.
• Financial stability: Providing audited financial statements to prove solvency.
• Technical audits: Gaming systems must be certified by accredited bodies.

6. How much does it cost to obtain an iGaming license in Romania?

Costs vary depending on the size and type of operations, but you must account for:

• Initial license fees.
• Annual fees based on revenue.
• Additional taxes, including a 16% profit tax and 23% on revenue from gaming.

7. How long is the license valid?

The iGaming license is valid for 10 years, with periodic reviews and audits. Renewal is possible if compliance is maintained.

8. Are there specific tax obligations for iGaming operators in Romania?

Yes, Romania imposes:

• A 16% profit tax.
• A 23% tax on revenues from online gaming.

9. Do I need to audit my gaming software?

Yes, all software and gaming systems must be certified and audited by an accredited body to meet ONJN standards.

10. How can E&S Group assist with obtaining a Romanian iGaming license?

E&S Group provides:

• Company formation services.
• Regulatory compliance guidance.
• Tax optimization strategies.
• Ongoing legal support to ensure compliance and maintain your license.

11. What happens if I don’t comply with regulations?

Non-compliance can lead to penalties, suspension, or revocation of your license. Continuous audits are essential to stay compliant.

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Contact Us Need more details or assistance with obtaining a Romanian iGaming license?
Contact Karl: LinkedIn
Contact Deborah: LinkedIn
Email us at corporate@ellulschranz.com.