eCommerce and eGaming

For technology-driven trading businesses, we offer a comprehensive support service from initial multi-jurisdictional company incorporations and licence applications through to VAT compliance services, and administration and control. A range of eCommerce and eGaming companies rely on us to manage and administer their operations, including licensed eGaming operators, software development and licensing companies, and payment service providers.

Our services for licensed and non-licensed eCommerce businesses includes:

  • International company incorporation and management, with particular expertise in the hub jurisdictions, including:
    • Malta company incorporation,
    • Isle of Man company incorporation,
    • Creation of additional operating, holding, and service companies as required, in a range of international jurisdictions depending on your needs;
  • Streamlined submission and management of Isle of Man and Malta gaming licence applications, plus coordination of additional overseas licences as required based on your target markets;
  • Assistance with establishing bank accounts;
  • Provision of experienced local directors, registered office, company secretary, accountancy, and administration services;
  • Provision of experienced operations managers, designated officials, and money laundering reporting officers (MLRO);
  • Corporate structuring;
  • Administration, accountancy, tax, and VAT compliance services;
  • Strategic planning and market development;
  • Completion and submission of monthly returns and gaming reports; and
  • Preparation of Money Laundering and Player Protected Funds reports.

Gaming Licenses and Adminstration

Of the many eCommerce companies we support, it is those holding remote gaming licences (or online gambling licences, also known as eGaming or iGaming) that require the most intensive support. As a highly regulated activity that naturally crosses borders, online gambling necessitates the most stringent and effective corporate governance to operate effectively, and this is where we can add significant value to our clients’ businesses.

Initially, we help you to select an appropriate home jurisdiction, incorporating holding and service companies as appropriate. We also help you to build the appropriate governance and compliance reporting into your business plan, liaise directly with key regulatory bodies to secure the relevant licences, and share the burden of reporting and monitoring as your business grows.

Outsourced MLRO, Data Protection, and Compliance Services

One of the critical success factors for running an eCommerce business, particularly in sectors like gambling which are considered ‘high risk’, is the implementation of proper oversight and compliance structures. As your company is established, we work closely with your regulatory body (or bodies) and take great care to implement the appropriate monitoring and reporting framework to ensure full compliance with prevailing law.

  • Company incorporation;
  • Administration;
  • VAT and accounting services; and
  • The provision of directors, registered offices, and registered agent/company secretary.

As a core part of this service, we provide highly trained and experienced officials in the following key areas. Depending on your internal structure, we can provide all or some of these roles as an outsourced – but nevertheless extremely thorough and engaged – staffing solution.

  • Directors and Operations Officers to provide local experience in your home jurisdiction and ensure strong corporate governance is maintained. They will also ensure that you adhere to licensing requirements, such as protection against under-age or irresponsible gambling.
  • Money Laundering Reporting Officers (MLRO) to ensure that your company fulfils its obligations in terms of prevailing anti-money laundering regulations. This includes maintenance of money laundering enquiries registers, an advertising and media register, law enforcement enquiries registers, anti-bribery registers, breaches and errors registers, training log and risk assessment matrices, and other records required by law.
  • Data Protection Officers (DPO) to ensure that customer data is stored and maintained properly, including ensuring compliance with the EU’s General Data Protection Regulations (GDPR).