Advantages

1. Fast-Track Licensing

  • Tobique offers a remarkably fast licensing process, with approvals typically granted within 4-8 weeks, allowing for rapid business launch.
  • The application process is streamlined, minimizing administrative burdens and delays.

2. Favorable Tax Structures

  • Tobique has a highly attractive zero corporate and income tax structure, significantly increasing profitability.
  • Unlike jurisdictions with revenue-based taxes, Tobique charges a fixed annual license fee, simplifying financial planning.

3. Well-Regarded Regulatory Body

  • The Tobique First Nations Gaming Commission (TGC is the governing body for online gambling in Tobique. It has a reputation for professionalism, ensuring compliance and consumer protection.
  • The TGC is known for fostering a regulatory environment that encourages innovation within the online gambling industry.

4. Additional Considerations

  • While Tobique’s license is valid in Canada, it may not be universally recognized in all countries, potentially restricting your target market.
  • Compared to established gambling hubs, Tobique’s online gambling market is still developing, with a smaller player base.

Get in touch with us to learn more about heaving a gaming license in Tobique

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