Online gambling has reached epic proportions around the globe and many people want to jump in and invest in such a venture. Though legalized gambling centers are fairly new to Cyprus, they are also quite duly restricted. That is not to say that it is impossible or even very difficult for one to obtain a Cyprus gaming license. You must know however about the rules and subtleties of owning a gambling institution, and comply with all of them.
One of the main reasons as to why some people are considering opening up a gambling casino in Cyprus is that it has competitive tax rates. Let’s face it, tax rates take up a considerable amount of time and frustration to taxpayers. As with any other kind of business, profit is the desired outcome, and to make a bigger profit, the taxes can’t stifle the profit margin.