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