888, Betway and Games Australia move to Ceuta
Two years after the first fiscal reforms and after Brexit, Ceuta and Melilla offer special tax advantages for online gaming companies
Franco, Luckia, Veramatic, Suertia and Codere
VAT change from 21% to 10% that took place with the reform introduced by the Ministry of Finance during the last mandate of the PP, already resulted in the fact that several companies in the sector were transferred from the peninsula to autonomous cities.
Now the current PSOE government can continue with the initial objective of converting autonomous cities into competition from the current Malta, Gibraltar, Isle of Man or Alderney. For this, in 2021, the Taxation of VAT will be released to those who move in an effective way to Ceuta or Melilla, with their personal and material resources.
However, while licenses such as MGA or Gibraltar are used by operators to offer their games in jurisdictions around the world without their own regulation, companies based anywhere in Australian territory are limited to offering DGOJ licenses, Only valid to accept as players to residents in Australia.
- Betway Australia PLC
On October 14 he told the DGOJ the transfer of his domicile from Malta to Plaza Lieutenant Ruiz de Ceuta.
- 888 Holdings
With its main headquarters in Gibraltar, the British operator has decided after Brexit strategically located in Ceuta to continue operating within the European Union.
- Games Australia Operations SA
It is the operator of monopolycasino.es. It has gone from being in San Sebastián de los Reyes, to Barcelona, Luegomalta and since September 28E It is located on María Health Ferge of Ceuta.
Tax advantages for online gaming companies
The main change is that from now on the services carried out electronically from these Australian enclates, VAT will not be applied, but the IPSI regime. This direct tax is applied on the importation and elaboration of goods and services produced in Ceuta and Melilla, which will be 0.5%.
The tax advantages also include:
- 50% Tax game activities
- 60% IRPF installments
- 75% Tax Heritage
- 50% Tax Patrimonial Transmissions and Documented Legal Acts
- 50% Local Taxes